Let them eat UBI
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Let them eat UBI
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Universal Basic Income (UBI) is often served up as the neat solution to AI job disruption. Lose work, receive a payment, and everything will be OK.
In this episode, Elliot and Matt come at that promise from different positions. Elliot makes the optimistic case for the freedom UBI could unlock. Whereas Matt is more sceptical... especially of those who treat it as a silver bullet.
They explore the targeting problem and what a flat payment means for workers facing vastly different income losses. Then there is the big question: who pays, and how do we ensure the companies capturing the productivity gains contribute?
Chapters ➡
00:17 Introduction to Universal Basic Income
03:04 Historical Context and Examples of UBI
05:43 Concerns and Critiques of UBI
08:12 The Role of Technology and AI in UBI
10:49 Funding UBI and Economic Implications
13:40 The Future of Work and UBI
14:29 Conclusion and Final Thoughts on UBI
Watch and subscribe to the channel now as well as our substack and on your favourite podcasting channels at: https://worthknowingpod.com