income

Support for Universal Basic Income growing as economies look to recover from coronavirus devastation

May 26, 2020 by Sam Francis 2 Comments

A couple of years ago, RoboticsAndAutomationNews.com published a story about Finland introducing a “Universal Basic Income” for a small number of its citizens as an experiment.

The Finnish government’s idea was that it would study the possibility of using UBI as a way to offset the unemployment caused by automation.

Although it was well worth reporting, we were somewhat flippant about UBI, suggesting it was a communist idea that would never take off. Finland, of course, was within the sphere of influence of the old Communist or Eastern Bloc, and the now-gone USSR. [Read more…] about Support for Universal Basic Income growing as economies look to recover from coronavirus devastation

What are the benefits of machine learning in business?

August 27, 2019 by David Edwards

Machine learning makes our lives so much easier every day. Work that used to take people several hours or even days now can be completed in a blink of an eye by artificial intelligence program.

Due to that, we have less work to do and more spare time.

Also, there are no “human” mistakes involved in the process. [Read more…] about What are the benefits of machine learning in business?

Finland to give citizens universal basic income because of robot invasion

January 4, 2017 by Mark Allinson

Finland is in danger of developing a reputation either as a nation of visionary ideas or one full of utopian communists.

Not many years ago, the country’s leaders declared superfast access to the internet a human right – which is fair enough.

Now it’s giving away free money to a couple of thousand of its citizens in anticipation of robots taking over their jobs and making them redundant. [Read more…] about Finland to give citizens universal basic income because of robot invasion