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Money for nothing: is universal basic income about to transform society?

The Guardian LogoThe Guardian2d ago

Money for nothing: is universal basic income about to transform society? - The Guardian

Quick Summary:

The concept of a guaranteed income is gaining traction as a solution to the impact of AI and way to encourage more rewarding and socially valuable workWhen Elinor O’Donovan found out she had been randomly selected to participate in a basic income pilot scheme, she couldn’t believe her luck.

In return for a guaranteed salary of just over €1,400 (£1,200) a month from the Irish government, all the 27-year-old artist had to do was fill out a bi-annual questionnaire about her wellbeing and how she spends her time.

The income, which she will receive until September 2025, has enabled her to give up temping and focus instead on her art.


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Article Details

Author / Journalist: Donna Ferguson

Category: Artificial-intelligenceTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 08:00:44 (2 days ago)

News Timezone: GMT +8:00

News Source URL: theguardian.com

Language: English

Article Length: 2501 words

Reading Time: 14 minutes read

Sentences: 88 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Guardian

News ID: 21609402

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About The Guardian

The Guardian Logo

Main Topics: Artificial-intelligenceTechnology

Official Website: theguardian.com

Update Frequency: 3 posts per day

Year Established: 1821

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #122

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The story "Money for nothing: is universal basic income about to transform society?" was covered 2 days ago by The Guardian, a news publisher based in United Kingdom.

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  • URL: https://beamstart.com/news/money-for-nothing-is-universal-17209592918021

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