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Universal Basic Income Video Barack Obama

Universal Basic Income (UBI) Video - Barack Obama

TRANSCRIPT OF VIDEO ON UBI BY BARACK OBAMA

While the outsourcing of jobs from north to south, from east to west while a lot of that was a dominant trend in the late 20th century the biggest challenge to workers in countries like mine today is technology and the biggest challenge for your new president when we think about how we're going to employ more people here is going to be also technology because artificial intelligence is here and it is accelerating and you're going to have driverless cars and you're going to have more and more automated services and that's going to make the job of giving everybody work that is meaningful tougher and we're going to have to be more imaginative and the pace of changes is going to require to do more fundamental reimagining of our social and political arrangements to protect the Economic Security and the dignity that comes with a job it's not just money that a job provides it provides dignity and structure and a sense of place and a sense of purpose and so we're gonna have to consider new ways of thinking about these problems like a universal income review of our workweek how we retrain our young people how we make everybody an entrepreneur at some level but we're gonna have to worry about economics if we want to get democracy back on track.
 
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