As the threat of automation continues permeating job markets, more Americans are looking to universal basic income (UBI) as a possible short- or long-term solution to shrinking job opportunities.
To date, UBI has been largely a 'fringe' issue, championed by those who fall farther left on the political spectrum. But the concept is gaining steam within the establishment as well.
Case in point -- Democrats in California have officially added UBI to their party platform.
All people deserve the opportunity to pursue the American Dream and have the financial resources to live in economic security. We support efforts to enact programs, such as a guaranteed government jobs program and a universal basic income/rent or housing to eliminate poverty while improving prospects to secure good jobs that help people climb the economic ladder.
But drawing in big-name politicians (apart from Senator Bernie Sanders) has proven difficult to this point.
While I appreciate concerns from Silicon Valley executives about what their innovations may do to American incomes, I believe they're selling American workers short. The future will not change the enduring American values that got us here. Our children and grandchildren deserve the promise we've had: the skills to get ahead, the chance to earn a paycheck, and a steady job that rewards hard work.
While the country surely will argue the value of UBI for some time to come, the decision by California Democrats lends credence to a potential solution of which many Americans remain unaware.