A new trial in Scotland may bring Universal Basic Income (UBI) to life. In a world where jobs are being increasingly taken over by machines, leaders have started to recognize that the welfare safety net will need to change. Advocates of universal basic income believe that the unconditional offer of a regular, though tiny, sum of money could help many get back on their feet, and even encourage them to invest in new business ideas.
Is this a good alternative to welfare? Could UBI revolutionize the world? Or would UBI be detrimental to society?