Can Universal Basic Income Solve Future Unemployment Crises?
5/4/2025
Can Universal Basic Income Solve Future Unemployment Crises?
This essay explores the potential of Universal Basic Income (UBI) as a solution to future unemployment crises caused by automation and artificial intelligence. It discusses the benefits and challenges of UBI, including its ability to provide financial stability and foster innovation, as well as concerns about funding and the potential disincentivization of work. The essay concludes that while UBI could be a valuable tool, it should be part of a broader strategy to address unemployment effectively.