Is basic income the solution to increasing automation?

Marcus Alexander Ong

Thursday, August 6th, 2015


Recent research by the University of Oxford has suggested that up to 50% of jobs in the United States could be at risk from automation in the next 20 years. Unlike in the past, we may not be able to replace these jobs which will lead to radical changes in our societies. Even people in highly paid professions such as banking and accountancy are at significant risk of automation.

Writing for the Agenda, Prof. Robert Skidelsky suggests that this could justify the introduction of a basic income to replace the living wage and tax credits. Read the article here.

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