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Richard Branson weighs in on free cash handouts

Posted: Wed Aug 16, 2017 11:04 am
by Pete
Billionaire entrepreneur Richard Branson is the latest in a string of iconic businessmen to talk about cash handouts, or universal basic income, as a solution to jobs being replaced by technology.

"With the acceleration of [artificial intelligence] and other new technology ... the world is changing fast," Branson writes in a post published this week.

"A lot of exciting new innovations are going to be created, which will generate a lot of opportunities and a lot of wealth, but there is a real danger it could also reduce the amount of jobs," he says.

"This will make experimenting with ideas like basic income even more important in the years to come."

SMMFH


https://www.cnbc.com/2017/08/16/billion ... douts.html

Re: Richard Branson weighs in on free cash handouts

Posted: Mon Sep 18, 2017 8:06 am
by brookboy123
Pete wrote:
Wed Aug 16, 2017 11:04 am
Billionaire entrepreneur Richard Branson is the latest in a string of iconic businessmen to talk about cash handouts, or universal basic income, as a solution to jobs being replaced by technology.

"With the acceleration of [artificial intelligence] and other new technology ... the world is changing fast," Branson writes in a post published this week.

"A lot of exciting new innovations are going to be created, which will generate a lot of opportunities and a lot of wealth, but there is a real danger it could also reduce the amount of jobs," he says.

"This will make experimenting with ideas like basic income even more important in the years to come."

SMMFH


https://www.cnbc.com/2017/08/16/billion ... douts.html
The number of people who will be replaced by technology is about to explode.

It'll be a major problem for our country......and an even bigger opportunity.