"Across the UK, up to 3m low-skilled jobs in trades, machine operations and admin roles could disappear by 2035 because of automation and AI"
Could Canada experience the same? Many CEOs are calling for UBI.
"we have a moral, social and economic duty to act" - London Mayor
The Late, Great Progressive Conservative Senator Hugh Segal
He was a staunch champion of UBI because it's pro-freedom, pro-worker, and pro-markets.
Here are his last 2 speeches, recorded at our Toronto rallies in 2021-22
https://youtu.be/8hx0Lwe6fSI
This is the Don't Look Up moment for AI
"technology that might do to the workforce what an asteroid did to the dinosaurs"
"There's no shortage of ideas about what to do... [UBI], benefits that don't depend on employers, lifelong retraining, a shorter workweek."
Thanks for the share! It's up on website without the pay wall now: www.gensqueeze.ca/globe_mail_b...
"Wealthy on paper, but poorer as a society. That is the paradox of Canada’s housing market."
www.thestar.com/opinion/cont...
Why have babies when you can pay rent instead
"National Bureau of Economic Research, which found that a $10,000 increase in house prices leads to a 2.4 per cent decrease in the fertility rate of nonhomeowners."
www.thestar.com/opinion/cont...
Vinod Khosla (Stripe, DoorDash, Sun Microsystems) wants to stop taxing workers, in a future where machines do most of the work
More and more wealth will concentrate in land and capital. The best wealth tax is a land tax, because land can't move and it's the #1 cost of living.
He's pro-UBI
Screenshot of Globe and Mail article titled “Building more homes alone won’t fix affordability” by Paul Kershaw
One of the few very visible Canadians shedding light on the hard truth about housing.
UBC's Dr. Paul Kershaw, founder of Generation Squeeze
"We cannot reward housing speculation with tax breaks without expecting home values to outpace local earnings."
Torontonians are also selling blood plasma to make ends meet. People are desperate.
The extra income boosted the local economy, cut crime, and replaced predatory payday loans.
UBI has the same proven benefits without needing to sell your body. It's obvious what we need to do.
JP Morgan CEO Jamie Dimon said mass AI job automation will cause civil unrest
"you can't layoff 2,000,000 truckers tomorrow"
Hints at UBI (income assistance)
Said even his company will have fewer workers
✨ Bottom Line: Guaranteed income isn’t a work disincentive — it functions as real employment infrastructure, giving people the financial stability to seek better work, invest in skills, and participate more fully in the labor market.
💡 A fresh brief from @economicsecurityproject.org shows what the evidence is actually telling us about guaranteed income (GI) and work — and it debunks common myths with real data from California’s pilots:
economicsecurityproject.org/resource/gua...
The next Einstein is out there. The first person to walk on Mars is out there. But we're all so busy trying to survive paycheck to paycheck that we'll never know, and these amazing people will instead live miniaturized, frustrated, and short lives.
This is about UBI.
When you push for universal basic income, remember: NO means testing. Whatever reason you have that blank shouldn’t have it, forget it. UNIVERSAL. Don’t give a micron in advance.
Yep. UBI is one of my big ones if I'm entirely honest, people just no longer being made to join a coercive work force.
US economy analysis: If AI makes human labor obsolete, who decides who gets to eat? — Eduardo Porter
If only there was a way to distribute the gains of AI broadly... 🤔
love seeing influencers boosting UBI
Government Shocks Nation With Good Decision
Toyota Canada will use humanoid robots in a plant building RAV4 SUVs
They want to relieve humans of "repetitive physical tasks and prioritize more valuable work"
Physical labour is the next AI frontier. We need to get serious about income security.
No job is safe
Swiss robot works 8-hour shifts, day-in day-out
Their motto is "We build robots saving people's time" - they'll save companies from wages
We can free humans from drudgery and pay UBI
Nobel Laureates (husband & wife) support UBI
Basic income programs are quietly expanding in cities around the world. When support doesn't punish work:
"...this alleviates poverty while incentivizing work, unlike classic welfare, which cuts benefits from people who begin earning 'too much' money to qualify."
Cathie Wood of ARK Invest said youth joblessness will improve as people "go for it" and start businesses with AI
There's a critical element missing: entrepreneurs need economic security to take long-term risk, security that UBI provides
Me without UBI: Constantly working and constantly stressed about money
Me with UBI: Working and happy
It's that easy
“Why do you always talk about the commons and land when you talk about UBI?”
Because freedom and freedom from slavery, the ability to make your own way in life or self determination and survival is related
Martin Luther King Jr explains this at the 15:30
1/2
Another UBI skeptic flipped because of AI--a contributor to the American Conservative and New York Post
"For years, I opposed Universal Basic Income, firmly and reflexively... That position no longer survives contact with reality."
"There's no shortage of ideas about what to do if AI hollows out large swaths of work: universal basic income, benefits that don't depend on employers, lifelong retraining, a shorter workweek."
UBI is economic infrastructure for technological transition.
