What policy aims to handle job displacement by automation?
Universal Basic Income
Tax Incentives for Training
Subsidized Technology
Minimum Wage Increase
Answer
Universal Basic Income (UBI) aims to address the potential negative impact of automation on the workforce. It proposes providing all citizens with a regular, unconditional income regardless of their employment status. This ensures a basic level of financial security and helps mitigate the risk of job displacement caused by automation.
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