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German citizens to be given €1,200 a month for doing nothing

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German citizens are to be given €1,200 a month, or about $1,400, for doing nothing in an experiment to evaluate the effects of a concept called “universal basic income”.

Universal Basic Income, or UBI, is an idea that has been around for many years, and has many supporters and advocacy groups around the world, but was never really taken seriously in the past.

The notion of the government giving everyone in society a fixed regular amount of money whether they work or not sounds like a communist plot to take over the world. [Read more…] about German citizens to be given €1,200 a month for doing nothing

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

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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

Finland to give citizens universal basic income because of robot invasion

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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