What is UBI? Why UBI?

Automation is happening 10 times faster and at 300 times the scale, or roughly 3,000 times the impact of the industrial revolution.

35% 47% 77%

35% in the UK

UBI is a �xed amount paid by the government to its citizens regardless of employment status or wealth.

It is being touted as a possible solution to mass unemployment via automation.

Pros ConsIt could provide �nancial security for all, eliminate the number of house-holds living below the poverty line.

It could lead to an explosion in creativity, research andentrepreneurship.

The cost of implementation for governments would be too high.

UBI itself disincentivizes, potentially leading us down a path towards economic stagnation.

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Pilot Studies

Namibia (started 2008)

Brazil (started 2008)

Netherlands(Utrecht, 2015)

India (started 2011)

Canada (Ontario, 2016)

Canada (Manitoba, 2017)

Finland started (2000)

www.reesdraperwright.comSources: McKinsey, Oxford Martin School

Automation - the risk to jobs57% of jobs are at risk from automation in OECD countries across the world.

47% in the US 77% in China