WHAT WOULD HENRY GEORGE SAY?

What Would Henry George Say?

By Dr. Ibrahima Dramé

As AI and robotics continue to reshape markets, a number of CEOs, mostly from the tech world, have spoken in favor of UBI as a policy tool to address potential labor market disruption from predicted changes. Some, like Sam Altman of OpenAI, even funded a UBI experiment that provided cash payments to low-income people to examine their spending habits and employment patterns. This week, Tesla’s activist CEO, Elon Musk, issued another provocative call for a universal high income (UHI) to mitigate the labor market impacts of the growing adoption of AI and robots.