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Why China Could Surprise the World by Being the First Country to Adopt Universal Basic Income (www.scottsantens.com)

submitted 10 months ago by Espiritdescali to c/futurology

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[–] Lugh 11 points 10 months ago (1 children)

It isn't mentioned in this article, but Chinese planning is very specific about the idea of robots taking over the economy and replacing the shrinking number of humans. Another reason for thinking UBI might work there first.

[–] CanadaPlus 4 points 10 months ago

They're not really likely to pass the West any time soon on that, though. We're still king when it comes to high tech and innovation, just as a byproduct of accumulated institutional knowledge and an economic system that prioritises fostering innovation over almost all else.