A new study by the McKinsey Global Institute estimates that between 400 million and 800 million of today’s jobs will be automated by 2030. The road toward total automation has some people exhilarated… and some people very, very concerned. With robots taking so many jobs, what will the future of work look like here in the United States?
This is where the idea of “universal basic income” comes in. We’re going to be exploring the idea that everyone, no matter what, gets a certain amount of money from the government in depth on this month's episode. Some say UBI will address the inevitable lack of jobs in an automated age, while others say this is apocalyptic thinking that could bankrupt the nation.
Guests on this episode include:
Rakeen Mabud, the Roosevelt Institute, Director of 21st Century Economy and Economic Inclusion Programs, The Roosevelt Institute.
Eduardo Porter, writes the Economic Scene column for The New York Times, author of “A Universal Basic Income Is a Poor Tool to Fight Poverty.”