I think UBI ensures a basic baseline income for all thus promoting equality. While UHI is focusing on high-income earners hence contradicting the idea of universal support.
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As more and more work gets automated, is it a good idea to levy a "UBI Contribution Tax" on companies beyond a certain Revenue per Employee threshold?
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Sam Altman, the CEO of OpenAI, funded a study on universal basic income (UBI) through OpenResearch.
The study gave money to 3,000 people over three years to see how it would affect their choices.
The study found that most people used the money fo
AI will be coming for your job.
Thereās no secret about that.
š This chart shows how S&P 500 companies went from needing 7 workers to just 2 to generate $1M in revenue.
Itās not just automationāitās a paradigm shift. Hereās whatās coming:
By 203
Time in the market is more important than timing the market.
We have all heard that. We have all seen charts like the one given below.
However, I do have a problem with blanket statements like that.
If you are an early retiree like me or someon