THE RESEARCH OF “UNCONDITIONAL BASIC INCOME” CONCEPT

Authors

  • Agnese Staņislavska Rezekne Academy of Technologies

DOI:

https://doi.org/10.17770/iss2021.6935

Keywords:

artificial intelligence, Covid-19, social assistance, unconditional basic income

Abstract

Over time, the topic of people's financial equality and well-being has always been actual. The topic has been updated by researchers in the past and also today. In the recent past, this idea has been reborn, because with the increasing development of automation and robotics processes, artificial intelligence threatens to take away people’s work. Today, however, this social idea of an unconditional basic income in various societies has acquired a whole new novelty through the circumstances caused by the current emergency on a global scale. The conditions caused by the Covid-19 crisis have overtaken artificial intelligence, leaving millions of people around the world out of work and income. No one can clearly predict the future consequences of the crisis, at the moment we can only sense its approximate scale, which requires a non-standard approach. One of the solutions that would help humanity to survive this turmoil is the unconditional basic income. The idea of unconditional basic income is studied in the work, including the explanation of the concept, advantages and disadvantages, financing possibilities.

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References

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Published

2023-01-11

Issue

Section

Economics and Management