I'm curious about the economic foundation for implementing Universal Basic Income (UBI) in developing countries. While developed nations have industries to automate processes, what avenues could we explore for funding UBI initiatives in the global South?
1 Answer
There's a perspective that as automation advances, the cost of goods will drop significantly, potentially making it less crucial to have traditional offerings. If essential needs can be met cheaply, we might be able to focus more on implementing UBI without solely depending on existing industries.
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