Remarkably, one idea starting to gain traction is known as universal basic income (UBI). It’s a simple, if somewhat radical concept—each citizen of a country would receive a monthly check from the government, no matter how much money you make and without any strings attached. You wouldn’t have to meet any conditions to qualify, you wouldn’t have to show you were looking for a job, you wouldn’t face any restrictions on how you spent the money.
Plenty of people think this is a bad idea, or at least a seriously unbaked one. Critics say all that easy money could result in a nation of game-playing, binge-watching freeloaders. But others counter that if there’s a tech takeover of the job market, society will need a safety blanket, not a net. They also posit that those who don’t have to take just any job to cover basic expenses may be able to do things that are more fulfilling or perhaps more beneficial to society.
The truth is that no one knows how people will respond. But there’s a growing consensus that it’s time to start finding out. Next year, government researchers in Finland will begin a two-year study, in which up to 100,000 Finns will receive as much as 1,000 euros a month, without any conditions. The scientists running the experiment will track how often the subjects use public services, such as health clinics, and attempt to get a sense of how much they really want to work. The researchers will also try to determine if a monthly, strings-free check lets people lead happier lives.
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