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Can universal basic income counter ill-effects of digital economy?

Sceptics fear given a free income, most people will stay home & watch YouTube while society crumbles

Photo: Shutterstock
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Photo: Shutterstock

Vili Lehdonvirta | The Conversation

Platforms like eBay, Uber, Airbnb, and Freelancer are thriving, growing the digital economy and disrupting existing business. The question is how to ensure that the transformations they entail have a positive impact on society. Here, universal basic income may have a role to play.

Few social policy ideas are as hot today as universal basic income. Social scientists, technologists, and politicians from both ends of the political spectrum see it as a potential solution to the unemployment that automation and artificial intelligence are expected to create.

It has also been floated as a potential solution to the rise of