“Artificial Intelligence Make Universal Basic Income Neccessary?

Artificial intelligence could transform more than the workplace. It could eventually challenge the economic relationship between jobs, income and survival. What happens if AI and automation allow companies to produce more while employing fewer people? In this episode of Snakz Thoughts, we examine Artificial Intelligence, Universal Basic Income (UBI), AI job displacement, automation and the future of work. The discussion goes beyond predictions of mass unemployment.Workers are also consumers. If machines perform an increasing share of economically valuable work, society may eventually need new ways to distribute purchacommunities, inequality and ownership. UBI may—or may not—be the answer. But the question isn't going away: What happens when the economy needs humans as consumers more than it needs them as workers?