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'We Could Fund a Universal Basic Income With the Data We Give Away To Facebook and Google' - Slashdot

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Tristan Greene reports via The Next Web: A universal basic income (UBI), wherein government provides a monthly stipend so citizens can afford a home and basic necessities, is something experts believe would directly address the issue of unemployment and poverty, and possibly even eliminate hundreds of other welfare programs. It may also be the only real solution to the impending automation bonanza. According to AI expert Steve Fuller, the problem is, giving people money when they lose jobs won't fix the issue, it's a temporary solution and we need permanent ones. Sounds fair, and he even has some ideas on how to accomplish this end: "We could hold Google and Facebook and all those big multinationals accountable; we could make sure that people, like those who are currently 'voluntarily' contributing their data to pump up companies' profits, are given something that is adequate to support their livelihoods in exchange."

It's an interesting idea, but difficult to imagine...(continued)

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