Illustration about Universal Basic Income for Spectacle Magazine of USA.
Sam Altman wants to shift the U.S. economy to universal basic income. There’s one problem Giving away free money is more complicated than anyone thought.
The last 100 years the rate of job elimination by technology has been remarkably consistent—around 50 percent of jobs every 75 years change.
Basic income “might help people figure out whatever they want to do in life” but it also has the potential to “be very dystopic and maybe it won’t work like we think.”