<
https://briefing.forwardfuture.ai/p/economists-just-proved-ubi-can-t-stop-ai-layoffs-here-s-what-they-actually-proved>
"There's a new paper making the rounds called
The AI Layoff Trap, by Brett
Hemenway Falk and Gerry Tsoukalas, and it arrives with a headline that's catnip
for anyone looking to wave off basic income. Among the policies that
can't
fix the problem of AI-driven layoffs, they list universal basic income. Right
there in the abstract, sitting next to capital income taxes and upskilling and
worker equity. Only one tool makes the cut: a Pigouvian tax on automation.
I want to take this paper seriously, because the core idea is genuinely good.
And then I want to show you exactly where it goes wrong about UBI, because it's
the kind of error that's easy to miss. It's simply a flawed assumption."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
