While it is still considered by many to be a radical concept, proponents of a universal basic income (UBI) no longer see it only as a solution to poverty but as the answer to some of the biggest threats faced by modern workers: wage inequality, job insecurity, and the looming possibility of AI-induced job losses.
UBI would address the failure of employers to distribute the spoils of economic growth fairly among workers, propelled, at least in part, by automation.
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