When there are fewer jobs people will still need enough income to buy what businesses produce.A basic income allows businesses to fully embrace new technology and have customers.
Evidence from pilot studies show that Basic Income only reduces hours in paid work for children and mothers, which suggests that Basic Income would be beneficial for child development and education.Other demographics are largely unaffected in terms of work hours.See this piece of research on a Canadian pilot:Forget, Evelyn L. "The Town with No Poverty: The Health Effects of a Canadian Guaranteed Annual Income Field Experiment." Canadian Public Publicy 37, no. 3 (2011): 283-305.
A 'Basic Income' is an income granted unconditionally to all citizens, as individuals, without distinctions, means-testing, or work requirements.
Economic Review of the Status of Beneficiaries in New Zealand
August 8, 2018
Guy Standing Visit to NZ - 2017
November 1, 2017
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