Universal basic income and the gig economy: A combined policy approach to alleviate the challenges of AI - News Summed Up

Universal basic income and the gig economy: A combined policy approach to alleviate the challenges of AI


Here, I propose that policy makers should encourage two key trends – together which could alleviate the issues of AI – The Gig economy and Universal Basic Income. This economic pressure is steering them away from traditional ownership models. The advent of Artificial General Intelligence (AGI) brings forth solid arguments for implementing Universal Basic Income (UBI), addressing the socio-economic upheavals anticipated with advanced AI technologies. It ensures that basic living costs are covered for all, regardless of employment status in an economy influenced by AGI. Moreover, during economic transitions brought on by AGI, UBI could stabilize the economy by sustaining consumer spending.


Source: The Guardian December 11, 2023 17:37 UTC



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