Elon Musk is no longer just talking about universal basic income. He is now sketching a future in which artificial intelligence and robots generate so much wealth that a "universal high income" covers ...

AI could also raise public‑sector productivity, particularly in areas such as healthcare and education, reducing the state’s expenditure burden. In combination, faster productivity growth and a ...

Elon Musk has started talking less about universal basic income and more about what he calls "universal high income," a future in which he says there will be "no poverty" and little reason to save ...

Universal basic income (UBI) provides regular payments to all individuals in a community, regardless of their employment status or financial need. The idea is that when everyone has enough money to ...

As Americans struggle with the high cost of living, an old idea is getting a fresh look. In dozens of pilot programs around the country, policymakers and researchers are exploring what happens when ...

We should have these debates, of course. But we should also feel grateful that the stakes are as modest as they are. In Poor Relief: Why Giving People Money Is Not the Answer to Global Poverty, Heath ...

Each year on the holiday that bears his name, Martin Luther King Jr. is remembered for his immense contributions to the ...

As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Lakshmi Varanasi Every time Lakshmi publishes a story, you’ll get an alert straight to your ...

The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.