"Billionaire tech bros like Sam Altman and Elon Musk like to think they operate on the futuristic fringe. On at least one subject that is trendy in tech circles, however, they are way late: basic income. Nearly six decades ago, Martin Luther King Jr. advocated for a form of basic income not unlike what AI leaders today suggest could be the salve to mitigate AI's impact on the workforce."
"King wrote in his 1967 book, "Where Do We Go From Here?" that a guaranteed annual income could ultimately create "widespread economic security." "Personal conflicts between husband, wife, and children will diminish when the unjust measurement of human worth on a scale of dollars is eliminated," he wrote. A universal basic incomeis arecurring cash payment provided to all citizens of a population regardless of socioeconomic standing."
"The idea of a basic income has gained traction in recent years.Many US cities and counties have launched pilot programs, and some have made those programs permanent. King's book came three years after former President Lyndon B. Johnson signed the Civil Rights Act of 1964, making it illegal to discriminate based on race, color, sex, religion, or national origin. It was a time of widespread social unrest."
Martin Luther King Jr. advocated a guaranteed annual income in 1967 as a path to widespread economic security and reduced social strain. Martin Luther King Jr. stated that eliminating the dollar-based measurement of human worth would diminish personal conflicts within families. Universal basic income provides recurring cash payments to all citizens regardless of standing, while a guaranteed basic income targets specific groups for set periods. Interest in basic income has grown recently, with US cities and counties launching pilot programs and some making them permanent. Tech leaders such as Sam Altman and Elon Musk have advanced similar proposals amid concerns about AI's workforce impact.
Read at Business Insider
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