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Branson: Basic Income is crucial for the rise of AI

Richard Branson has backed the introduction of a universal basic income and said it is crucial to tackling the rise of artificial intelligence (AI). The billionaire said it could help protect people whose jobs will be lost as a result of new technology. Another reason the world should look to the Nordics, according to Branson, is its experiments with universal basic income — which can help counter the effects of AI. “In Finland you are experimenting with it in at least one city at the moment,” says Branson, who recently announced his support for the idea. “Basic income is going to be all the more important. If a lot more wealth is created

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