Currently, with AI becoming smarter and automation becoming more efficient, many in AI and government are worried about mass unemployment. But the results of mass unemployment may be even worse than most people suspect. A study released last year found that 1 in 5 people who committed suicide were unemployed. Another study found significant increases in suicide rates during recessions and the Great Depression.
A common solution that’s often suggested to address mass unemployment is that of a universal basic income (UBI). A UBI would ensure everyone has at least some amount of income. However, this would not address non-financial downsides of unemployment.”
Insight From the Dalai Lama Applied to AI Ethics – Future of Life Institute
https://futureoflife.org/2016/11/10/insight-dalai-lama-applied-ai-ethics/
via Instapaper