The case for Universal Basic Income is growing in the face of the AI 'revolution'.

In the past technological change has (eventually) produced new/different jobs, but as history has shown, this leaves workers impoverished during the (sometimes decades long) transition.

Now capitalism is so dependent on consumer spending the Tech Bro's & others are rediscovering the Keynsian idea of 'effective demand';

money has to be in the hands of people who will spend it, hence UBI!.

#economics #AI #UBI