Richard Branson: Universal Basic Income Will Protect Us From the Threat of AI

Richard Branson: Universal Basic Income Will Protect Us From the Threat of AI

“Billionaire entrepreneur and Virgin Groupfounder Richard Branson recently sat down with Business Insider Nordic (BI Nordic) during the Nordic Business Forum in Helsinki. A few months ago, Branson joined other tech elites to support Universal Basic Income (UBI). In a blog post from mid-August, Branson stated that “most countries can afford to make sure that everybody has their basic needs covered.”

Now, in discussing Finland’s UBI experiment, Branson told the BI Nordic reporters that a safety net provided by a basic income could help counter the effects of artificial intelligence and increased automation. He said, “Basic income is going to be all the more important. If a lot more wealth is created by AI, the least that the country should be able to do is that a lot of that wealth that is created by AI goes back into making sure that everybody has a safety net.”..”

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https://futurism.com/richard-branson-universal-basic-income-will-protect-us-from-the-threat-of-ai/