December 4, 2016

Basic income and other ways to fix capitalism

A few years ago, those who warned us about the risks of technological unemployment were labelled as luddites, crazy, or techno-pessimists. Now some of the greatest economists agree that automation poses a serious threat to the economy, with jobs disappearing and inequality on the rise. Today, those proposing radically new ideas to deal with this problem are being called crazy and idealistic. Old ideologies are outdated in the face of exponential change; we need to embrace a more holistic and adaptive system. I believe experiments with unconditional basic income, coupled with the utilization of crypto currencies and blockchain-based technologies, will help us find the answers.’

Federico Pistono is a futurist, social entrepreneur, hacktivist, public speaker, founder and CEO of konoz – a startup that curates and organizes educational videos, whose mission is to become the largest online community for free learning in the world – and he's author of the best-selling book "Robots Will Steal Your Job, But That's OK: How to Survive the Economic Collapse and Be Happy", which has been translated into Spanish, German, and Italian. He lectures regularly at Universities and Fortune 500 companies about the future of humanity.