Cities in Scotland to start universal basic income trials

December 27, 2017 by  
Filed under Eco, Green

Select residents of  Glasgow , Edinburgh, Fife, and North Ayrshire will soon begin receiving unconditional monthly payments as part of a Scottish universal basic income experiment. Universal basic income (UBI) is a policy that offers direct unconditional income for all citizens to ensure that everyone benefits from a basic standard of living. UBI is currently being tested in Scotland, as well as countries like Canada and Finland, and has attracted £250,000 (~$334,500) in public funding for feasibility studies. The selected cities must submit their plans for locally implementing the basic income program by March 2018. Proponents of a basic income claim that it will be necessary to implement UBI in some form in order to compensate for the major economic disruption and potential job losses from increasing automation due to advanced artificial intelligence . While the idea is still controversial, it is being increasingly taken seriously in cities and countries around the world. “It might turn out not to be the answer, it might turn out not to be feasible,” said Scotland ‘s First Minister Nicola Sturgeon. “But as work changes as rapidly as it is doing, I think its really important that we are prepared to be open-minded about the different ways that we can support individuals to participate fully in the new economy.” Related: Wind power supplied 124% of household electricity needs in Scotland from January through June Scotland is not alone in its endeavor to understand how UBI might feasibly function. California , the Netherlands, Ontario, India, Italy, and Uganda all took steps in 2017 towards someday being able to implement a UBI system. In California, this work is being supported by companies like Y Combinator, Silicon Valley’s largest start-up accelerator. “In a world where technology eliminates jobs, it will mean that the cost of having a great life goes down a lot,” tweeted Sam Altman, president at Y Combinator. “But without something like basic income, I don’t think we can really have equality of opportunity.” Via ScienceAlert Images via Depositphotos (1)

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Cities in Scotland to start universal basic income trials

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