In addition to helping counteract any automation-caused unemployment, writes Brad Jones for the website Futurism, a universal basic income could provide a huge boost to the U.S. economy. A study from the Roosevelt Institute predicts that 8 years of universal basic income would result in a $2.48 trillion increase in the nation's gross domestic product.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-12-27
CTE source: https://ctemag.com/news/universal-basic-income-answer-automation/
Legacy path: /universal-basic-income-answer-automation