Many books provide opinions about the impact of AI on jobs and ideas for societal responses to address the issues. Two ideas were mentioned in the chapter – UBI and SIS.
What are the pros and cons of these ideas?
How would these be implemented?
Below mentioned about UBI and SIS.
For example, the concept of universal basic income (UBI) has been proposed. UBI proponents argue that giving every citizen a minimal basic income will ensure that no one goes hungry despite the massive loss of jobs that is likely to occur. Others, for example, Lee (2018), have argued that providing UBI may not satisfy human beings’ need for meaningful achievements and contributions in life. Lee proposes a social investment stipend (SIS), which would recognize individuals’.