[m15i]

Andrew Ng: Rather than unconditional basic income, there’s a different solution I favor, which is conditional basic income, but conditioned on individuals studying. I think that there’s something in the dignity of work. Rather than paying people to do nothing, I would rather have society pay people to keep studying, because even though many jobs are displaced, there are so many jobs where we just can’t find enough people to do that work.

If we can pay people not to do nothing but instead to study, I think this increases the odds that they’ll gain the skills they need to reenter the workforce. And contribute back to the taxpayers that could contribute to this new engine of value creation for our economy.

At least the possibility of a basic income is being discussed. Humans won't be able to compete with robots that can work 24 hours per day.