AI Is About to Decimate Millions of Jobs. It’s Time for Universal Basic Income | Opinion

Newsweek

For the better part of the last 15 years, I’ve worked in what some might call the “real economy.” In the digital print production industry, I’ve worked in warehouses and neighborhoods that reflected the ill effects of modern economic policy. I’ve seen manufacturing hubs stripped of economic vitality, workers struggling to meet basic needs, and the growing gap between those with college degrees and those without.

Most of the workers I’ve met over the years were hard working and doing the best they could with the skills they had. They deserved to be dealt a fair economic hand in exchange for their labor. Yet it seemed year after year, the system would dump its economic burden on their shoulders.

From the 2008 financial crisis to today’s inflation, economic policy has failed the average worker. And with the onset of artificial intelligence, it’s clear that it’s time for a new economic paradigm.

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