“Universal Basic Capital” is a much-needed solution to the continued advancement of artificial intelligence technology’s consistent advancement. Universal basic income (UBI) was a popular topic years ago, especially as AI gained a foothold in the economy, beginning to replace human workers; however, the newer UBC concept is now gaining traction.
According to a report by The Atlantic, the idea has been endorsed by figures as ideologically diverse as Bernie Sanders, Gavin Newsom, Steve Bannon, Sam Altman, and even Donald Trump. In both cases, UBI and UBC are policies that would give every single human a baseline salary, whether they contribute…
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