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Considerations on Unconditional Basic Income and Basic Property

Automation is advancing relentlessly. Already decades ago, digitization was its partner. In the industry, innovative robots, for example co-robots, are used. Service robots begin to spread in various areas. Systems of artificial intelligence perform tasks of all sorts, even creative activities. The studies on the development of the labor market reach different results. In any case, it can be said that certain jobs will disappear and many people will have to do without their familiar work. It can also be assumed that in many areas less human work has to be performed on behalf (e.g., for customers and employers). As possible solutions to economic and social problems, an unconditional basic income and a robot tax are suggested. The paper „Are Robot Tax, Basic Income or Basic Property Solutions to the Social Problems of Automation?“ by Oliver Bendel presents, discusses and criticizes these approaches in the context of automation and digitization. Moreover, it develops a relatively unknown proposal, unconditional basic property, and presents its potentials as well as its risks. The lecture took place on 26 March 2019 at Stanford University (AAAI Spring Symposium „Interpretable AI for Well-Being: Understanding Cognitive Bias and Social Embeddedness“) and led to lively discussions. It was nominated for the „best presentation“. The paper has now been published as a preprint and can be downloaded here.

Fig.: A house in the Atlas Mountains