Enough With This Basic Income Bullshit – Welcome to TheFamily. The Tech Bias Against Politics I see four reasons why Silicon Valley sees nothing but basic income as the preferred solution to our mounting social problems. First, Entrepreneurs in general, especially when they’re young, well-educated white men from privileged backgrounds, have no reason to have any familiarity with the complicated and unattractive world of the social state. This is true in every country.
Second, there’s a myopia that is specific to the US: the social state there is designed so that only the poor, the old and the unemployed are eligible for social benefits. The fact that the US used to be the sole developed country without universal health insurance makes the US social state all the more of a riddle (even though healthcare sucks up 20% of GDP).
Third, there’s a libertarian ideological bias in Silicon Valley that seems to turn people into ignorant morons when it comes to social state-related issues. As engineers, some don’t even get the political stakes. The First Blockchain-Based Universal Basic Income Experiment Just Launched. A New UBI With the growing popularity of blockchains, it’s no surprise that they have a new, very useful application, i.e. a global distribution of wealth. Recently, the Grantcoin Foundation, a U.S. based nonprofit organization, implemented a universal basic income (UBI) program that uses blockchain-based digital currency. Basic Income grants (in the form of the digital currency Grantcoin) are distributed quarterly by Grantcoin. January 31, 2016, Grantcoin distributed digital currency to 1,132 applicants from around 79 countries around the world.
This was the third leg of the Grantcoin Basic Income program that began in June of 2016 which was followed by a second implementation in October. “Each year, we plan to add 3.5% to the Grantcoin already in circulation,” Grantcoin explains. Basic Income Basics Critics of UBI say that it will create a culture of dependence and laziness. Why we should all have a basic income. Cognitive bias cheat sheet. Data Science Statistics 101. Statistics can often be the most intimidating aspect of data science for aspiring data scientists to learn.
Gain some personal perspective from someone who has traveled the path. By Jean-Nicholas Hould, JeanNicholasHould.com. Learning statistics can be a daunting journey for aspiring data scientists that are not coming from a quantitative field. Whether you are a computer science undergrad, a developer in seek of a career change or a MBA graduate, it seems that the statistical part of data science is often the most intimidating one. As a business school graduate, it was for me. Statistics are a serious discipline, some people spend their live studying them. As an aspiring data scientist, how should you approach learning stats? Start Simple You can get tremendous value from understanding simple statistical concepts. The two main branches of statistics that you need know are descriptive statistics and inferential statistics.
Descriptive Statistics Inferential Statistics Online Courses Books. Why a bunch of Silicon Valley investors are suddenly interested in universal basic income. Basic income is having a moment. First Finland announced it would launch an ambitious experiment to see if it would work to give everyone in a given area is given a set amount of cash every year from the government, no strings attached. Now the Silicon Valley seed investment firm Y Combinator has announced it wants to fund a basic income experiment in the US.
YC's president, Sam Altman, announced on the YC blog that the company wants to hire a researcher to "work full-time on this project for 5 years," and supervise an experiment wherein Y Combinator will "give a basic income to a group of people in the US for a 5 year period, though we’re flexible on that and all aspects of the project. " Basic income as an insurance policy for the robot takeover Shutterstock Y Combinator — a startup incubator that counts Dropbox, Airbnb, and Reddit among its alumni — seems mostly interested in basic income as a response to technological unemployment.
What Y Combinator's study could add Rob Hurson. Un rapport préconise la création d'un revenu universel en France. VIDÉO - Le Conseil national du numérique (CNNum) a présenté ce mercredi matin 20 pistes pour anticiper les mutations du monde du travail à l'heure du numérique à la ministre du Travail Myriam El Khomri. «Les institutions, les pouvoirs publics et les partenaires sociaux doivent prendre la mesure de la transformation numérique et agir en conséquence», a déclaré ce mercredi la ministre du travail, Myriam El Khomri, lors de la remise du rapport sur «l'emploi et le travail à l'heure du numérique». Commandé il y a un an et réalisé par le Conseil national du numérique (CNNum), le document présente 20 recommandations, assez générales, destinées à alimenter les projets de loi de Myriam El Khomri sur le travail et d'Emmanuel Macron sur les «nouvelles opportunités économiques».
Favoriser le cumul d'activités, consolider la protection sociale des travailleurs «uberisés» sont autant de pistes proposées dans ce rapport pour faire face aux mutations de l'emploi à l'heure du numérique. Labor supply effects of winning a lottery | IZA Newsroom. Economic theory provides ambiguous predictions about the effect of wage increases on the allocation of time between leisure and work. On the one hand, a wage increase makes the individual richer, lowering the preferred hours of work. On the other hand, higher wages raise the opportunity cost of not working (the money one could have earned instead of spending time for leisure), pushing up the preferred number of working hours. Empirically, it is tricky to evaluate how and to what extent changes in the wage affect labor force participation. One of the main problems is that wage increases do not appear out of thin air, but are paid for being more productive.
In a recent IZA discussion paper, Matteo Picchio (Marche Polytechnic University), Sigrid Suetens (Tilburg University) and Jan van Ours (Tilburg University) use a very special kind of windfall money to disentangle the effect of higher income on labor supply: the unique case of lottery winners. Image source: pixabay. This is why Finland is able to implement the basic income experiment | Demos HelsinkiDemos Helsinki. In the last couple of days BBC, Forbes, Independent, Mashable, Telegraph, Time and Quartz among other media outlets have have written about Finland’s experiment with basic income on a national level.
However, none of the articles uncover the reason why Finland can pull off such ambitious policies in an age where so many government are left powerless with even smallest of changes in the way society works. The bigger change is buried under the stream of international news regarding the world’s largest basic income trial. With a closer look, one can see that basic income is only a tip of the iceberg. During the past year, Finland has explored possibilities on how to reform some of its policy making functions with and idea to move from speculative to evidence-based and experimental. Enter experimental politics So how did Finland become the first country in the world to experiment basic income in a large scale? Finland is introducing experimentation to politics on both national and city level.
Modeling basic income - does it add up? - Data4America. Data and math can’t always separate truth from fiction. But even in the face of uncertainty, they can often separate plausible from ridiculous. For example, if you say we should eliminate the income tax and pay for it by cutting defense spending by 50%, I can collect the data, add up the numbers, and ask you what you’re going to do about the other $1 trillion in lost revenue. Basic income is a system where the government directly gives money to all its citizens, rather than somewhat indirectly through complicated welfare programs. The idea is that removing the overhead and inefficiencies inherent in welfare programs and putting more money in the pocket of the poor could be very beneficial. Beyond that, there are many questions. Should the amount of money phase out for wealthy citizens?
Methods The model is primarily driven by four critical questions that govern the feasibility of a basic income program. 1. 2. There are broadly two schools of thought about basic income: 3. 4. Dutch city plans to pay all citizens a ‘basic income’, and Greens say it could work in the UK. It’s an idea whose adherents over the centuries have ranged from socialists to libertarians to far-right mavericks. It was first proposed by Thomas Paine in his 1797 pamphlet, Agrarian Justice, as a system in which at the “age of majority” everyone would receive an equal capital grant, a “basic income” handed over by the state to each and all, no questions asked, to do with what they wanted.
It might be thought that, in these austere times, no idea could be more politically toxic: literally, a policy of the state handing over something for nothing. But in Utrecht, one of the largest cities in the Netherlands, and 19 other Dutch municipalities, a tentative step towards realising the dream of many a marginal and disappointed political theorist is being made. The politicians, well aware of a possible backlash, are rather shy of admitting it. The idea also hopes to target “revolving door clients” – those who are forced into jobs by the system but repeatedly walk out of them.
Resilience – A new voluntary tax system » Bitnation. By Johan Nygren In contrast to other tax-systems, Resilience has no problem with crypto-currencies, since it uses consumer-producer feedback loops instead of top down coercion. The consumers seek out and give positive feedback to companies that pay high dividends, and filter out those that do not want to pay dividends. The consumers, by seeking out companies that pay high dividends, act as miners in the global market, driven by the incentive basic income as a reward. Think of it as turning the traditional taxation system upside down.
Dividends move from companies to people, and the people can then have their share taxed by their peer-network, if they’ve made such an agreement. Trans-national, borderless corporations can be ‘taxed’ by their consumers, and the consumers can in turn be taxed if they’ve made agreements with their peers to put a percentage of their dividend-yield into different public services. – From The Resilience protocol — Growth through Natural Selection. Facebook Co-Founder Giving Millions Directly To The Poor, No Strings Attached. Resilience — a fully voluntary wealth sharing network.
Resilience — a fully voluntary wealth sharing network Johan Nygren, med.school drop-off, natural born creative What if there’s a revolution looming around the corner, yet to be discovered ? There are many transformative technologies coming online this year. Vitalik Buterin, the young prodigy who sort of grew up with the Bitcoin technology, has launched the first decentralized computer. Ethereum marks the beginning of a new paradigm. There is no doubt that these transformative technologies will change everything.
Enter Resilience. To understand Resilience, it’s useful to look at the history of co-operatives. My system extends the co-operative model with a form of inter-coop contract. Resilience adds yet another component: a distributed welfare system. Why decentralised organisations require a new type of welfare system (literally) The urge to decentralize and autonomize has informed social movements since the 1970s. The language of “decentralized autonomous organization” (DAOs) appeared among the swarms of activists in the late-1990s counter-globalization movement. But the trust-replacing mechanisms of a blockchain offer less an ideology than a method, one which may make it far easier for us to hand our relationships over to code.
Are You Ready to Trust a Decentralized Autonomous Organization? When the cypherpunk generation first started writing about DApps and DAOs, they were a tiny minority. Christopher Allen writes about how he “truly believes that we could have had cryptographic smart contracts by ’04”. Christopher Allen cites some patent conflicts, and other corporate conflicts, but I believe it was ideological. This time-line of the internet shows the major mile-stones in the evolution of my wealth sharing system Resilience. Why haven’t the two sides met and discussed these issues ? See also: How Finland's Exciting Basic Income Experiment Will Work--And What We Can Learn From It. Could Finland become the first country in the world to introduce a universal basic income? It's quite possible: The Finnish government likes the concept, and it's putting serious resources behind a national experiment. Starting in 2017, up to 100,000 Finns could get up to 1,000 euros a month, in lieu of other benefits.
These lucky souls won't have to work. They won't have to prove they're in poverty to get the money. For two years, they'll get a fixed amount to do with what they will. The idea of giving away public money, no strings attached, sounds crazy at first. Finland's government is interested for three reasons, according to Olli Kangas, who's designing the research experiment.
First, increasing numbers of Finns are working part-time, or on a temporary or freelance basis. Second, the government wants to remove disincentives to working. And three, the government wants to reduce bureaucracy. Contrary to some reports, Finland is not giving money to everyone just yet. The Cryptocurrency-Based Projects That Would Pay Everyone Just for Being Alive. For a policy proposal that has an approximately 0 percent chance of being passed by the US Congress right now, universal basic income is an uncommonly hot topic.
The idea that every body should receive a paycheck simply for being alive is fast becoming a darling of several factions: tech investors who expect millions of jobs to be automated out of existence, libertarians who see it as a way to avoid the inefficiencies of the traditional welfare state, and certain lefties who have embraced it as part of a way to separate government benefits from work. Dylan Matthews of Vox has produced a string of primers on the subject, and The Atlantic recently profiled a Reddit-famous basic income advocate. Yet the idea goes against everything Republicans are supposed to believe about no free rides, as well as Democrats' preference for welfare programs designed from on high. This may not be such a dead end for the concept as it seems.
More on basic income: The town where everyone got free money. Could Cryptocurrencies Bring The World a Universal Basic Income? Could cryptocurrency bring a basic income to the people of the world, relieving them of their day-to-day quest for survival, and leaving them to ponder more philosophical questions about their existence and reaching new heights of productivity? Some in the cryptocurrency space believe so. The idea for a universal basic income is not new, as Thomas More proposed it in his 16th century work, Utopia. Just recently, Switzerland voted ‘no’ to a basic income for its citizens, but the controversial idea has grown in popularity.
A group currency is a cryptocurrency that provides its members with a basic income, voting rights over a group fund, if the cryptocurrency calls for one, and as well is transparent and accountable for itself. With identifies known via block chain entries, it is perceivable to extend the right of a basic income to arbitrary groups while protecting against fraud and preserving fair market valuation for arbitrary tokens.
What is basic income? To the group fund? Yes. A Big Idea Whose Time Has Yet to Arrive: A Guaranteed Annual Income. Basic Income Project, LLC | Socially Responsible Digital Currency. Finland plans to give every citizen a basic income of 800 euros a month. Something Is Happening: Basic Income Create-A-Thons Are Here — Basic income. Finland to pay every citizen $1,100 per month and scrap all other benefits in effort to reduce unemployment rate. What If Everybody Didn't Have to Work to Get Paid? Circles - Universal Basic Income - Ethereum. Bitnation Announces a Decentralized Application for Basic Income Based on Bitcoin 2.0 Technology and Voluntary Fees.
Why We Won’t Be a Part of the Bitnation Crowdsale (3 letters from the former Bitnation team) Could Cryptocurrencies Bring The World a Universal Basic Income? Basic Income articles, projects and other links - Chat General - Freicoin Alliance.