I. Introduction: Universal Basic Income
In the face of shifting means of production from manual human
labor to labor automation, one solution that stands out is the
advancement of a Universal Basic Income, UBI to every citizen
from the government with no strings attached. The proposal,
however, has encountered sharp criticism from different quarters
questioning the morality behind sourcing of funds, largely through
taxation, to uphold an institution designed to provide social
support. Others also perceive the idea as a form of socialism, or a
capitalist road to communism (1). The current discussion, however,
seeks to demonstrate that the provision of such stipend can occur
through the utilization of revenues realized from production
driven by Artificial Intelligence (AI), and to a small extent,
philanthropic contributions from the top 1 percent of the
population.
II. Background of Universal Basic Income
debates
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