Saved by Johanna
After Universal Basic Income, the Flood
This fact is even more striking when we consider that the cost of eradicating poverty in any developed country is around 1 percent of GDP. An individual unemployment benefit set at the poverty line (around $1,200 a month) and granted to all jobless individuals regardless of their place in the family structure would not only pull everyone out of... See more
Daniel Zamora • The Case Against a Basic Income
Currently, the most popular of these methods of redistribution is, as mentioned earlier, the universal basic income (UBI). At its core, the idea is simple: every citizen (or every adult) in a country receives a regular income stipend from the government—no strings attached. A UBI would differ from traditional welfare or unemployment benefits in
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
Extremely interesting:
Huge & comprehensive study on the impacts of cash transfers (UBI) in the US finds almost no impact on everything tested - Work, Education, Health 😔.
They gave 1,000 low income people in IL and TX $1,000/mo for 3 years, & gave a control group $50/mo... They studied everything - did... See more
Sheel Mohnotx.comInside Amsterdam’s high-stakes experiment to create fair welfare AI
Gabriel Geigertechnologyreview.com
