Johann Rupert: Job Losses UBI

Billionaire businessman Johann Rupert Money Quote saying that because automation is displacing so many workers, we must institute a universal basic income (UBI). Johann Rupert said:
 

 

“In order to mitigate the job losses through automation, we will have to talk about forms of unconditional basic income” — Johann Rupert

In this quote, Johann Rupert is acknowledging that the rise of automation and artificial intelligence could significantly reduce the number of available jobs in the future. To help address this problem, he suggests that societies will need to “talk about forms of unconditional basic income.”

By this, Rupert appears to mean that governments may need to provide some kind of universal basic income or minimum standard of living for all citizens, regardless of whether they are employed or not. The quote implies Rupert sees a basic income system as a potential policy solution to mitigate the societal impacts and job losses that could accompany widespread automation and the replacement of human labor by machines.

Andrew Yang: Transform Economics

Andrew Yang Money Quote saying UBI would create a transformation in our economy for millions of people. Andrew Yang said:
 

 

“A universal basic income would enable millions of Americans to meaningfully transition in the time of economic transformation, including that brought by AI, and it would improve our strength, health, and mental health; kids’ ability to learn; our civic engagement; and our public trust, confidence, and optimism” — Andrew Yang

Elon Musk: Physical Work Choice

Elon Musk Money Quote saying sometime in the future, we will have the choice whether to do manual labor and will require basic income. Elon Musk said:
 

 

“Essentially, in the future, physical work will be a choice. This is why I think long term there will need to be a universal basic income” — Elon Musk

In this quote, Elon Musk is further expanding on his view that advances in automation and AI will significantly reduce the need for human physical labor over the long run. He suggests that as machines are increasingly capable of performing physical tasks, work involving manual labor or movement will become optional for humans rather than a necessity out of economic demands. Musk implies that a future with very high levels of automation may make physical work more of a personal choice than an obligation.

Given this potential scenario, he reiterates his belief that some form of universal basic income will likely be required to support citizens, since automation may eliminate the need for much human physical work and the jobs that currently depend on it. So in essence, Musk is connecting the dots between increasing automation, declining demand for human physical effort, and the probable long-term need for a basic income system as a result

Marco Rubio: Child Basic Income

Marco Rubio Money Quote saying he believes the child tax credit form pandemic relief plan could be the beginning of universal basic income. Marco Rubio said:
 

 

“The Biden administration’s new child allowance is wealth redistribution and the first step toward a universal basic income, because it includes no work requirement” — Marco Rubio

Andrew Yang: U.S. Resources UBI

Andrew Yang Money Quote saying in his Presidential platform for the 2020 race, UBI – or as he calls it, ‘The Freedom Dividend’ – would radically change the U.S. economy. Andrew Yang said:
 

 

“We have plenty of resources, they’re just not being distributed to enough people right now. Let’s build a new kind of economy – one that puts people first. If there’s one policy that would transform American lives for the better, it is Universal Basic Income” — Andrew Yang

Andrew Yang: UBI for Capitalism

Andrew Yang Money Quote saying Universal Basic Income will be required to preserve our capitalistic way of life. Andrew Yang said:
 

I’m a capitalist, and I believe that universal basic income is necessary for capitalism to continue
— Andrew Yang

Scott Santens: Human Rights Day UBI

Scott Santens Money Quote saying that December 10, 1948 – the United Nations General Assembly voted to support a minimum standard of living and health care as basic human rights. Scott Santens said:
 

 

“69 years ago today, the world came together to declare human beings had a human right to “an adequate standard of living,” and to this day, no nation has yet recognized that right with both universal health care & basic income” — Scott Santens

69 years ago today, the world came together to declare human beings had a human right to "an adequate standard of living," and to this day, no nation has yet recognized that right with both universal health care & basic income. https://t.co/iO0Vm1tLT8 #basicincome #HumanRightsDay pic.twitter.com/49RICUU6RX

— Scott Santens (@scottsantens) December 10, 2017

Hillary Clinton: Modest Basic Income

Hillary Clinton Money Quote saying in her book ‘What Happened’ that UBI makes sense to her and she considered running on that concept. Hillary Clinton said:
 

 

“You can provide every American with a modest basic income every year. Besides cash in people’s pockets, it would also be a way of making every American feel more connected to our country and to one another – part of something bigger than ourselves” — Hillary Clinton