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Labour ready to back basic income in preparedness for AI & robotics revolution

on Jun 7, 2016 | 0 comments

By John Glenday

Labour is reportedly considering incorporating a 2020 manifesto pledge to provide a basic income for every UK citizen as it grapples with the potential impact of a looming AI and robotics revolution.

Such a move would be one of the most radical overhauls of the welfare state since its formation and would see the current system of means-tested benefits scrapped in favour of a one size fits all payment.

Shadow chancellor John McDonnell is said to be considering the idea after influential left-leaning campaign group Compass came out in support.

Speaking to the Guardian McDonnell said that in his view the policy ‘… Read full story ›

Source: The Drum