If the 'robot apocalypse' comes to pass, ideas like universal basic income and time banks may play a bigger role in how we define paid work
As artificial intelligence and automation multiply, so do dystopian predictions that millions of employees will become redundant, their tasks performed more reliably and cheaply by a machine.
But must the “robot apocalypse” be quite so apocalyptic? It may provide a once-in-a-generation opportunity to rewrite the basic contract of the labor market: Your paycheck reflects your contribution. In this alternative future, robots will take over much of the routine drudgery, freeing millions of us to do what we truly love or society truly needs, from raising children to writing poetry to befriending the lonely.
The key to making this happen is “universal basic income,” or UBI, a lump sum every adult gets regardless of job status, income or ability. UBI proposals date back centuries but interest has surged in recent years. Advocates on the left see it as the solution to intensifying income inequality as automation displaces middle-skill jobs such as assembly-line workers and secretaries.
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