As technology displaces human employment, a universal basic income will replace all forms of welfare and unemployment benefits. This is also a key concept in historic Technocracy, where energy credits would be distributed equally to all citizens.
Universal Basic Income
TN has been warning that robotics will displace so many workers that the government will be forced ot pay a univeral basic income to everyone. This outcome is already being ‘tested’ by Y Combinator. Universal basic income was a core element of Technocracy specified in the 1930s.
With 40% of all jobs already non-full-time (e.g., temporary. part-time or contingent), robotic automation is pushing the historical job paradigm off the cliff. The Global Elite Technocrats who are driving this 4th Industrial Revolution are already moving in the direction of establishing a universal basic income to pacify all the unemployed masses. However, that means that those masses become wards of the state and will automatically fall into the matrix of Technocracy.
Universal basic income—the proposal that everyone be paid a flat wage by the government, regardless of their economic status—is getting lots of attention these days…