Our 49th prompt comes from Neville. He asks:
What do you think of Universal Basic Income? Consider the rising inequality due to automation and a few tech companies taking over economic power.
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Neville,
Fantastic question, especially given the levels of income inequality we are witnessing globally. Universal Basic Income (UBI, also known as unconditional/guaranteed basic income) is a type of social security where all citizens (or residents, depending on where you are) of a country receive a guaranteed amount of money either from the government or in many cases (at the moment) an institution carrying out an experiment. Continue reading “#49: Universal Basic Income”