Universal Basic Income Gains Urgency Amid AI-Driven Job Displacement
The rapid advancement of artificial intelligence and robotics is accelerating the obsolescence of traditional employment models. From manufacturing to professional services, automation now threatens millions of jobs with unprecedented efficiency. This structural shift demands immediate economic solutions beyond conventional workforce policies.
Universal Basic Income (UBI) emerges as the most viable near-term solution, providing direct cash transfers to maintain social stability. While alternatives like Universal Basic Capital and Universal Basic Ownership offer innovative approaches to wealth distribution, UBI's simplicity and immediacy make it uniquely positioned to address the crisis. The debate reflects growing recognition that traditional employment may no longer serve as society's primary means of resource allocation.