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SLP458 AI and the Economy with Peter St Onge

Stephan Livera Podcast

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UBI Universal Basic Income

UBI is the idea that you're going to pay people a basic income. A common proposal is that, let's see, every adult will get $1,000 a month and then every kid's going to get $500. The idea is that this would replace the current welfare system in the U.S. And what they claim to be doing is to give sort of a humanistic quality of life to everybody so that nobody is truly suffering.

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