Will Robots Make Us All Rich? Ellison’s “Universal High Income”, South Korea’s Basic Income Pilot, and What the Trials Really Show

Two industrial robot arms assembling the timber frame of a small house on a green meadow at sunrise
Larry Ellison says taxing the value robots add could fund a “universal high income”, in more than a decade. South Korea already pays 150,000 won a month in local vouchers to residents of 17 rural counties. What Ellison said, how Korea’s pilot works and who pays, what the US, Finland, Kenya and Alaska trials really found, and what it means for companies and users.
View Post