Discussion 1 (Chapter 10): There have been many books and opinion pieces written about the impact of AI on jobs and ideas for societal responses to address the issues. Two ideas were mentioned in the chapter – UBI and SIS. What are the pros and cons of these ideas? How would these be implemented?
Your response should be 250-300 words. Respond to two postings provided by your classmates.
There must be at least one APA formatted reference (and APA in-text citation) to support the thoughts in the post.
Discussion 1 (Chapter 10): There have been many books and opinion pieces written about the impact of AI on jobs and ideas for societal responses to address the issues. Two ideas were mentioned in the chapter – UBI and SIS. What are the pros and cons of these ideas? How would these be implemented?
Introduction
The impact of artificial intelligence (AI) on the workforce is still being debated. Some argue that AI will cause unemployment by increasing productivity and reducing jobs to automation. Others argue that AI will eliminate jobs altogether and make humans redundant, but not everyone agrees with this conclusion. One idea being discussed in response to these problems is universal basic income (UBI), which would provide every citizen with a fixed amount of money from the government to help offset any negative impacts caused by automation. The concept behind UBI is similar to social security or welfare programs in which people receive payments based on their income level or employment status (which can be earned through work). However, some argue that UBI would reduce incentive for people to find jobs because their earnings wouldn’t be tied directly into their paychecks anymore—they would just get money from the government instead
A good example is the book Race Against the Machine by MIT professors Erik Brynjolfsson and Andrew McAfee. There are many ramifications of AI on the workforce, and we have already discussed a few of them in this class – increase in inequality, reduced need for labor, etc. What are your thoughts on how AI might impact society?
The idea behind UBI is to provide everyone with a universal income payment from the government to help offset any negative impacts from automation. It has been studied around the world as a way to mitigate some of the negative impacts on workers caused by automation.
In Japan, where many people work in low-wage jobs that are vulnerable to being replaced by robots or computer software, there’s an interesting proposal: Give every citizen an unconditional basic income paid for by taxes on big businesses and rich individuals. This would allow them to avoid scrambling for scarce jobs when automation replaces some occupations—and also give them more time for leisure activities like playing video games (or painting).
Universal Basic Income (UBI) is being studied around the world as a way to mitigate some of the negative impacts on workers caused by automation. The idea behind UBI is to provide everyone with a universal income payment from the government to help offset any negative impacts from automation. Some argue that most people do not want to work, or can’t work, and in these cases UBI would help those people who don’t want to work or can’t work. However, others argue that UBI would reduce incentive for people to find a job. How would you support UBI? Do you think it is a good idea? Why or why not?
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Conclusion
I think that while there are many good ideas out there on how to address AI, we are still in the early stages of this technology. We should wait until it has been fully developed before making any decisions about what happens next. So far, the most promising idea seems to be UBI… but we have yet to see whether or not this will work for everyone or just for those who really need it most!