Is It Silicon Valley’s Job to Make Guaranteed Income a Reality?

The future of Universal Basic Income (UBI) in the context of rapid artificial intelligence development is becoming increasingly relevant. Amid the rise of automation, which threatens to displace millions of jobs, the idea of UBI is gaining more popularity. Silicon Valley companies like OpenAI are working on implementing UBI, hoping to create a financial safety net for those who might lose their jobs due to technological innovations.

The potential consequences of UBI implementation include its possible impact on reducing economic inequality and ensuring financial stability. Various approaches to financing this initiative are being discussed, as well as whether UBI can become a universal solution to support people during the transformative shift in job markets.

The role of artificial intelligence in modernizing the economy is emphasized, highlighting how the latest technologies can not only displace old professions but also create new opportunities for growth and development. Can Universal Basic Income become a key element in this new economic model?

Learn more about the future of Universal Basic Income and the role of artificial intelligence in the full article on The New York Times.

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