Alex Bores, a Democratic congressional candidate in New York, is unveiling a proposal to establish an “AI dividend” program designed to distribute wealth generated by the technology and mitigate potential mass unemployment. The plan sounds suspiciously close to the universal basic income (UBI) plans favored by tech tycoons.
Tesla and xAI CEO Elon Musk has called for the United States federal government to provide “Universal HIGH INCOME” checks to citizens as he believes AI and robotics will radically reshape the employment landscape.
Americans must anticipate an AI-fueled economic power grab by the left, Breitbart News social media director and author Wynton Hall warns in his new book, Code Red: The Left, the Right, China, and the Race to Control AI.
Elon Musk shared his vision of the future at the U.S.-Saudi Investment Forum in Washington, DC this week. According to the tech tycoon, work will be optional and money will lose all meaning as AI-powered robots take over every aspect of the economy over the next two decades.
Salem is joining the list of Massachusetts cities that have introduced programs to give unconditional cash payments to low-income residents, the mayor’s office announced.
Vinod Khosla, legendary Silicon Valley investor and entrepreneur, has predicted that AI will replace the majority of work in most jobs, necessitating the implementation of universal basic income (UBI) to prevent economic instability and inequity.
Geoffrey Hinton, a tech pioneer nicked the “Godfather of AI,” has urged governments to implement a universal basic income (UBI) to mitigate the devastating impact of AI on jobs.
More than $125 million of taxpayer money is earmarked to be used as no-strings-attached “guaranteed income” for low-income families across the U.S., a Daily Mail analysis revealed Sunday.
A trial of universal basic income will be trialled for the first time in England where 30 people will be given a strings-free monthly stipend.
The left-wing W.K. Kellogg Foundation, which effectively controls the Kellogg Company, is bankrolling a pilot program that will provide hundreds of illegal aliens living in the United States with a guaranteed basic income.
German researchers will give 120 people €1,200 a month for three years to see how their behaviour changes, after a study in Finland found that a similar experiment did not encourage unemployed Finns to find work.
The northern English city of Hull is set to become the first city in the United Kingdom to try to adopt a universal basic income scheme, despite the failure of similar schemes to reduce poverty and joblessness in America and Finland.
Jerry Nadler (D-NY) got another primary challenger this week — 25-year-old former Andrew Yang campaign staffer Jonathan Herzog.
Elaine Parker of Job Creators Network writes in Townhall that sweeping policies espoused by presidential candidates in this robust economy are doomed out of the gate because the money to pay for them simply doesn’t exist.
