Deep Learning Is Going to Teach Us All the Lesson of Our Lives: Jobs Are for Machines — Basic income — Medium

Deep Learning Is Going to Teach Us All the Lesson of Our Lives: Jobs Are for Machines — Basic income — Medium: "All of this is why it’s those most knowledgeable in the AI field who are now actively sounding the alarm for basic income. During a panel discussion at the end of 2015 at Singularity University, prominent data scientist Jeremy Howard asked “Do you want half of people to starve because they literally can’t add economic value, or not?” before going on to suggest, ”If the answer is not, then the smartest way to distribute the wealth is by implementing a universal basic income.”
AI pioneer Chris Eliasmith, director of the Centre for Theoretical Neuroscience, warned about the immediate impacts of AI on society in an interview with Futurism, “AI is already having a big impact on our economies… My suspicion is that more countries will have to follow Finland’s lead in exploring basic income guarantees for people.”
Moshe Vardi expressed the same sentiment after speaking at the 2016 annual meeting of the American Association for the Advancement of Science about the emergence of intelligent machines, “we need to rethink the very basic structure of our economic system… we may have to consider instituting a basic income guarantee.”
Even Baidu’s chief scientist and founder of Google’s “Google Brain” deep learning project, Andrew Ng, during an onstage interview at this year’s Deep Learning Summit, expressed the shared notion that basic income must be “seriously considered” by governments, citing “a high chance that AI will create massive labor displacement.”"



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