Content-type: text/html Downes.ca ~ Stephen's Web ~ Why a bunch of Silicon Valley investors are suddenly interested in universal basic income

Stephen Downes

Knowledge, Learning, Community

The answer is: so it can sell more robots. But also you can encourage individual entrepreneurship, as well as lower the cost of government services: "Shut down government programs as you fund redistribution." I think there's a point to that, and you can in fact count me as a supporter of a minimum income (and I for one welcome our robot butlers). But let's understand, this changes our economy, and changes what we expect from learning (read: the whole concept of education 'to get a job' or 'serve employer needs' is moot). And we need a basic income precisely because of increasing automation - it's unfair to force people to get a job when all the jobs are taken by robots. And that's why the tech industry is behind it.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Nov 03, 2024 2:47 p.m.

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