Lifeboat Foundation

“Supporters point to the fact that 21st-Century work is increasingly automated, with more and more traditional jobs, in factories, retail and even in finance and accounting, being done by machines. And they do not need salaries.”

(I highly recommend this article, with all kinds of pros and cons, spare a couple of minutes and read it)

Switzerland is holding a landmark vote on whether to give each citizen a guaranteed basic income, the BBC’s Imogen Foulkes reports.

The WSJ comes out in favor of UBI.

Replacing the welfare state with an annual grant is the best way to cope with a radically changing U.S. jobs market—and to revitalize America’s civic culture.

An Australian professor is building a robot to keep an eye on livestock.

With the robot economy looming large in the coming decades, one solution to vanishing jobs may simply be to give people money regardless of whether or not they work.

That idea is called “basic income,” and it just gained the support of one of the tech world’s founding fathers, Internet inventor Tim Berners-Lee.

“I think a basic income is one of the ways of addressing massive global inequality,” Berners-Lee, who founded the Web in 1989, explained on a recent episode of The Economist podcast.

Continue reading “Here’s why the inventor of the Internet supports basic income” »

QC will change many industries and even some fortunes as well. So, no wonders Canada & Australia both deem it as a priority.

Mike Lazaridis, founder of Blackberry Limited and the visionary who led the establishment of the Perimeter Institute for Theoretical Physics (PI), the Institute for Quantum Computing (IQC) at the University of Waterloo and Quantum Valley Investments, delivered a keynote address highlighting the Quantum Valley model in Waterloo Region, Ontario, Canada and the emphasis both federal and provincial governments have placed on the development of quantum technologies.

The Quantum Europe conference comes at a time when large scale investments from tech companies and governments around the world, including in Canada, are being made as part of the “Second Quantum Revolution” – a new global industry fueled by the commercialization of new transformative quantum technologies.

Continue reading “QC will change many industries and even some fortunes as well” »

My new article on how some technologies will inevitably make the government smaller:

However, there’s reason to believe that in the near future, government might dramatically shrink—not because of demands by fiscally astute Americans, but because of radical technology.

Indubitably, millions of government jobs will soon be replaced by robots. Even the US President could one day be replaced, which—strangely enough—might bring sanity to our election process.

Continue reading “Technology Will Replace the Need for Big Government” »

LOS ANGELES Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week to discuss pressing global issues: the robots are coming.

At the Milken Institute’s Global Conference in Beverly Hills, California, at least four panels so far have focused on technology taking over markets to mining — and most importantly, jobs.

“Most of the benefits we see from automation is about higher quality and fewer errors, but in many cases it does reduce labor,” Michael Chui, a partner at the McKinsey Global Institute, said on Tuesday during a panel on “Is Any Job Truly Safe?”

Continue reading “Rich and powerful warn robots are coming for your jobs” »

Hmmm;

The latest figures are a clear sign that India’s largest outsourcing firms are succeeding at ‘non-linear’ growth, where revenues increase disproportionately compared with hiring.

Continue reading “Automation raises Indian IT industry’s productivity; firms like Infosys, TCS likely to see lower hiring” »

Companies from Detroit and Silicon Valley are teaming up to urge lawmakers to put self-driving cars on the street as fast as they can. Companies believe the technology can save many of the 33,000 who die in car accidents, although thousands of jobs may be lost.

Titled the Self-driving Coalition for Safer Streets, the new lobbying group is composed of Google, Ford, Uber, Volvo, and Lyft. The group’s entire goal is to advocate for self-driving technology at the federal level.

Former administration of the National Highway Traffic Safety Administration (NHTSA), David Strickland, will be leading the group.