Uncommon Sense's Podcast
Uncommon Sense: Episode 2 - What's going to happen as a result of the growing income inequality that comes with new technology?
Anojis and Arya discuss the Olympics and how technology widens the wealth gap. Highlighting the US's success in the Olympics, they address growing income and wealth inequality. The conversation explores how automation might cause job losses and stresses the need to help the poorest in society to prevent social unrest. Emphasizing the importance of income perception, they delve into the effects of AI on jobs and propose a universal basic income (UBI) to address unemployment caused by automation.
The discussion considers the challenges of implementing UBI and alternative solutions like providing housing or utilities directly. Debating whether all jobs should pay a livable wage, they examine the broader cultural and economic impacts of income inequality and emphasize the need for societal progress and mobility.
Anojis and Arya discuss the Olympics and how technology widens the wealth gap. Highlighting the US's success in the Olympics, they address growing income and wealth inequality. The conversation explores how automation might cause job losses and stresses the need to help the poorest in society to prevent social unrest. Emphasizing the importance of income perception, they delve into the effects of AI on jobs and propose a universal basic income (UBI) to address unemployment caused by automation.
The discussion considers the challenges of implementing UBI and alternative solutions like providing housing or utilities directly. Debating whether all jobs should pay a livable wage, they examine the broader cultural and economic impacts of income inequality and emphasize the need for societal progress and mobility.