If AI and automation take all of the jobs, how will we provide for everyone’s needs? Universal Basic Income? Negative tax rates? Universal Services? Investments and new equilibrium? How will we fund the future? ----more---- Topics: Expectations of the future jobs market Bain and Company, Macro-trends Group:  https://www.bain.com/insights/labor-2030-the-collision-of-demographics-automation-and-inequality/ Universal Basic Income Andrew Yang’s UBI Freedom Dividend: https://www.yang2020.com/what-is-freedom-dividend-faq/ Cost of UBI Kimberly Amadeo, US Economy Expert with The Balance: https://www.thebalance.com/universal-basic-income-4160668 Poverty levels and the relationship with UBI Relationship between government and citizens Mark Kincheloe https://www.singularityweblog.com/a-universal-basic-income-is-not-the-solution/ UBI and inflation UBI in other nations https://www.theguardian.com/world/2018/apr/23/finland-to-end-basic-income-trial-after-two-years Guaranteed Employment Government guarantees of employment Historical example: Civilian Conservation Corp. Work verses productivity Universal Basic Services Government provision of basic needs and services Universal basic services could work better than basic income to combat 'rise of the robots', say experts https://www.independent.co.uk/news/business/news/universal-basic-services-idea-better-basic-income-citizens-social-housing-ucl-a7993476.html Balance of needs Challenges with availability and distribution of resources Tax Plans Public Policy and Government Review: Exploring Alternatives to the Universal Basic Income: https://ppgreview.ca/2017/03/31/exploring-alternatives-to-the-universal-basic-income/ Negative tax rates Tax Credits New Equilibrium and Investment Lowering costs and incomes create a new balance The Singularity as a driver of economic growth Robin Hanson, Institute of Electrical and Electronics Engineers, https://spectrum.ieee.org/robotics/robotics-software/economics-of-the-singularity Personal investment in automation as a means of generating income The challenges of maximum participation Kevin Morris, Electronic Engineering Journal, https://www.eejournal.com/article/fear-the-economic-singularity/ What to expect from an accelerating economy William Nordhaus, Are We Approaching Economic Singularity? Information Technology and the Future of Economic Growth: https://www.nber.org/papers/w21547.pdf Will new jobs fill the void?   For the Church Dealing with a diversity of opinions with grace Binding and loosing – values in contemporary practical application Was the early church Socialist or Communist? Thomas More’s Utopia and UBI Dealing with covetousness, greed, and charity Ministry of compassion Finding meaning apart from work Looking Ahead Stanford researchers develop artificial intelligence tool to help detect brain aneurysms https://news.stanford.edu/2019/06/07/ai-tool-helps-radiologists-detect-brain-aneurysms/ Scripture Passages Referenced Deuteronomy 15:11 Matthew 16:19 Acts 4:34-35   Facebook: fb.me/SGSTPodcast Twitter: https://twitter.com/SGSTPodcast   Intro and outro music: Cosmic Pluck from Vycroft. ( https://freesound.org/people/vykroft/ ) “For the Church Segment” transition music: Marketing from Skibka Music. ( https://freesound.org/people/SkibkaMusic/ )