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Basic income: enriching humanity on an individual level | Halldóra Mogensen | TEDxReykjavik


[Applause]

[Applause] imagine not having to put a limit on

imagine not having to put a limit on

imagine not having to put a limit on yourself based on your need for an

yourself based on your need for an

yourself based on your need for an income not letting the obligation that

income not letting the obligation that

income not letting the obligation that you have to do this or that or you won’t

you have to do this or that or you won’t

you have to do this or that or you won’t have food to put on the table or a roof

have food to put on the table or a roof

have food to put on the table or a roof of your head control your choices if you

of your head control your choices if you

of your head control your choices if you have the basics taken care of food

have the basics taken care of food

have the basics taken care of food clothing shelter health what would you

clothing shelter health what would you

clothing shelter health what would you spend your days doing what’s the first

spend your days doing what’s the first

spend your days doing what’s the first thing that comes to your mind if you

thing that comes to your mind if you

thing that comes to your mind if you want to start a business develop a new

want to start a business develop a new

want to start a business develop a new idea devote yourself to your art or

idea devote yourself to your art or

idea devote yourself to your art or dedicate your life to helping others how

dedicate your life to helping others how

dedicate your life to helping others how much opportunity do you have to do so

much opportunity do you have to do so

much opportunity do you have to do so how much time and energy left over after

how much time and energy left over after

how much time and energy left over after eight hours at work and two in a commute

eight hours at work and two in a commute

eight hours at work and two in a commute how much freedom after bankrupting that

how much freedom after bankrupting that

how much freedom after bankrupting that business you finally took a chance at

business you finally took a chance at

business you finally took a chance at starting if it fails that might very

starting if it fails that might very

starting if it fails that might very well be the end of it your last chance

well be the end of it your last chance

well be the end of it your last chance to live your dream gone into debt and

to live your dream gone into debt and

to live your dream gone into debt and disillusionment for those of us who have

disillusionment for those of us who have

disillusionment for those of us who have no fallback no economic safety net the

no fallback no economic safety net the

no fallback no economic safety net the stress that gives rise to is a burden we

stress that gives rise to is a burden we

stress that gives rise to is a burden we carry with us in all that we do what a

carry with us in all that we do what a

carry with us in all that we do what a difference it could make if we were able

difference it could make if we were able

difference it could make if we were able to set that burden down what a

to set that burden down what a

to set that burden down what a difference it would make if we were able

difference it would make if we were able

difference it would make if we were able to take a chance and mess up and know

to take a chance and mess up and know

to take a chance and mess up and know that our bills would still get paid

that our bills would still get paid

that our bills would still get paid because making mistakes is far more

because making mistakes is far more

because making mistakes is far more valuable than we give it credit for

valuable than we give it credit for

valuable than we give it credit for failure is inherent in all learning the

failure is inherent in all learning the

failure is inherent in all learning the path to mastery is through constant

path to mastery is through constant

path to mastery is through constant failure and constant readjustment in

failure and constant readjustment in

failure and constant readjustment in response to that failure again and again

response to that failure again and again

response to that failure again and again and again what if all those who failed

and again what if all those who failed

and again what if all those who failed and had to go back to their day jobs had

and had to go back to their day jobs had

and had to go back to their day jobs had gotten a second a third a fourth a

gotten a second a third a fourth a

gotten a second a third a fourth a perpetual chance even where would we be

perpetual chance even where would we be

perpetual chance even where would we be today cancer cured flying cars a colony

today cancer cured flying cars a colony

today cancer cured flying cars a colony on Mars the world that I imagine as a

on Mars the world that I imagine as a

on Mars the world that I imagine as a result of this thought experiment is a

result of this thought experiment is a

result of this thought experiment is a world that I believe we can reach but

world that I believe we can reach but

world that I believe we can reach but the only way to reach it

the only way to reach it

the only way to reach it is if people are truly free the type of

is if people are truly free the type of

is if people are truly free the type of freedom that comes from equal

freedom that comes from equal

freedom that comes from equal opportunities and the ability to make

opportunities and the ability to make

opportunities and the ability to make choices based on not what you have to do

choices based on not what you have to do

choices based on not what you have to do to survive but what you want to do to

to survive but what you want to do to

to survive but what you want to do to thrive we could do this by providing a

thrive we could do this by providing a

thrive we could do this by providing a universal basic income to everyone now

universal basic income to everyone now

universal basic income to everyone now in its simplest form the idea of a

in its simplest form the idea of a

in its simplest form the idea of a universal basic income means that

universal basic income means that

universal basic income means that everyone should receive an amount of

everyone should receive an amount of

everyone should receive an amount of money sufficient to make ends meet

money sufficient to make ends meet

money sufficient to make ends meet regardless of their circumstances like

regardless of their circumstances like

regardless of their circumstances like employment social status or even need

employment social status or even need

employment social status or even need and then those who are able or wish to

and then those who are able or wish to

and then those who are able or wish to supplement their income are then free to

supplement their income are then free to

supplement their income are then free to take any work that they choose and the

take any work that they choose and the

take any work that they choose and the income they receive from that work would

income they receive from that work would

income they receive from that work would be an addition to their Universal basic

be an addition to their Universal basic

be an addition to their Universal basic income after taxes of course the basic

income after taxes of course the basic

income after taxes of course the basic income is unconditional in that nothing

income is unconditional in that nothing

income is unconditional in that nothing you do or don’t do will affect your

you do or don’t do will affect your

you do or don’t do will affect your receiving it it enshrines the principle

receiving it it enshrines the principle

receiving it it enshrines the principle that we are all valued members of these

that we are all valued members of these

that we are all valued members of these human societies we’ve created all over

human societies we’ve created all over

human societies we’ve created all over the world and we have a right to share

the world and we have a right to share

the world and we have a right to share in their collective wealth the

in their collective wealth the

in their collective wealth the philosopher Thomas Paine in 1797 wrote a

philosopher Thomas Paine in 1797 wrote a

philosopher Thomas Paine in 1797 wrote a pamphlet called agrarian justice where

pamphlet called agrarian justice where

pamphlet called agrarian justice where he makes an argument for a universal

he makes an argument for a universal

he makes an argument for a universal basic income he states that the earth in

basic income he states that the earth in

basic income he states that the earth in its natural uncultivated state was and

its natural uncultivated state was and

its natural uncultivated state was and ever would have continued to be the

ever would have continued to be the

ever would have continued to be the common property of the human race he

common property of the human race he

common property of the human race he goes on to say that is the value of it

goes on to say that is the value of it

goes on to say that is the value of it is the value of the improvement only and

is the value of the improvement only and

is the value of the improvement only and not of the earth itself that is

not of the earth itself that is

not of the earth itself that is individual property and that the

individual property and that the

individual property and that the proprietor therefore of cultivated lands

proprietor therefore of cultivated lands

proprietor therefore of cultivated lands owes to the community a ground rent for

owes to the community a ground rent for

owes to the community a ground rent for the land which he holds now the idea

the land which he holds now the idea

the land which he holds now the idea that we should all receive a dividend

that we should all receive a dividend

that we should all receive a dividend from our stake in our shared ownership

from our stake in our shared ownership

from our stake in our shared ownership of the planet’s resources is a powerful

of the planet’s resources is a powerful

of the planet’s resources is a powerful one and I think an important one for the

one and I think an important one for the

one and I think an important one for the future a future where technological

future a future where technological

future a future where technological advances with machine learning and

advances with machine learning and

advances with machine learning and automation are poised to greatly disrupt

automation are poised to greatly disrupt

automation are poised to greatly disrupt our societies and create an ever

our societies and create an ever

our societies and create an ever deepening inequality to counter this we

deepening inequality to counter this we

deepening inequality to counter this we must find a way to sever the connection

must find a way to sever the connection

must find a way to sever the connection between work and income and I believe

between work and income and I believe

between work and income and I believe that we have a unique opportunity to do

that we have a unique opportunity to do

that we have a unique opportunity to do just that and at the same time do away

just that and at the same time do away

just that and at the same time do away with that very stress of having to make

with that very stress of having to make

with that very stress of having to make ends meet by working a job that

ends meet by working a job that

ends meet by working a job that essentially a robot could do better a

essentially a robot could do better a

essentially a robot could do better a report published by Karl Benedict Frey

report published by Karl Benedict Frey

report published by Karl Benedict Frey and Michael Osborn of Oxford University

and Michael Osborn of Oxford University

and Michael Osborn of Oxford University found that 47% of US jobs are at risk of

found that 47% of US jobs are at risk of

found that 47% of US jobs are at risk of automation in the next decade or two and

automation in the next decade or two and

automation in the next decade or two and in poorer countries like India 69% of

in poorer countries like India 69% of

in poorer countries like India 69% of jobs are at risk in China 77% a report

jobs are at risk in China 77% a report

jobs are at risk in China 77% a report published by the World Economic Forum

published by the World Economic Forum

published by the World Economic Forum argues that job losses could be offset

argues that job losses could be offset

argues that job losses could be offset by employment growth in other areas but

by employment growth in other areas but

by employment growth in other areas but comes to the conclusion that the rise of

comes to the conclusion that the rise of

comes to the conclusion that the rise of robots will still lead to a net loss of

robots will still lead to a net loss of

robots will still lead to a net loss of over 5 million jobs in 15 major

over 5 million jobs in 15 major

over 5 million jobs in 15 major developed and emerging economies by 2020

developed and emerging economies by 2020

developed and emerging economies by 2020 and these aren’t just factory jobs that

and these aren’t just factory jobs that

and these aren’t just factory jobs that we’re talking about here the those jobs

we’re talking about here the those jobs

we’re talking about here the those jobs are already mostly gone in the Western

are already mostly gone in the Western

are already mostly gone in the Western world we’re talking about cashiers

world we’re talking about cashiers

world we’re talking about cashiers telemarketers jobs and insurance in the

telemarketers jobs and insurance in the

telemarketers jobs and insurance in the food industry serving office in

food industry serving office in

food industry serving office in administrative jobs sales transportation

administrative jobs sales transportation

administrative jobs sales transportation the list goes on the power of machine

the list goes on the power of machine

the list goes on the power of machine learning means that the jobs people

learning means that the jobs people

learning means that the jobs people thought would be safe from automation

thought would be safe from automation

thought would be safe from automation are now at risk too

kochak grace from Oxford’s future of

kochak grace from Oxford’s future of humanity Institute led a study asking

humanity Institute led a study asking

humanity Institute led a study asking the world’s leading researchers and

the world’s leading researchers and

the world’s leading researchers and artificial intelligence when they think

artificial intelligence when they think

artificial intelligence when they think artificial intelligence will be better

artificial intelligence will be better

artificial intelligence will be better than human beings at a wide range of

than human beings at a wide range of

than human beings at a wide range of tasks North American researchers

tasks North American researchers

tasks North American researchers estimate that this will happen in 74

estimate that this will happen in 74

estimate that this will happen in 74 years but their Asian counterparts see

years but their Asian counterparts see

years but their Asian counterparts see this happening in just 30 years so

this happening in just 30 years so

this happening in just 30 years so however you look at it before long

however you look at it before long

however you look at it before long AI will outsmart humans in almost

AI will outsmart humans in almost

AI will outsmart humans in almost everything I think 30 years is a

everything I think 30 years is a

everything I think 30 years is a reasonable estimate but there are

reasonable estimate but there are

reasonable estimate but there are important factors in slowing down

important factors in slowing down

important factors in slowing down automation and one of those is likely

automation and one of those is likely

automation and one of those is likely the cheapness of labor think how

the cheapness of labor think how

the cheapness of labor think how difficult the fight for higher wages

difficult the fight for higher wages

difficult the fight for higher wages will be in a

will be in a

will be in a where technology offers cheaper and more

where technology offers cheaper and more

where technology offers cheaper and more efficient results than human labor in a

efficient results than human labor in a

efficient results than human labor in a current economic model where income and

current economic model where income and

current economic model where income and therefore survival is dependent on

therefore survival is dependent on

therefore survival is dependent on having a job workers will have very

having a job workers will have very

having a job workers will have very little leverage to negotiate as wages

little leverage to negotiate as wages

little leverage to negotiate as wages will be driven down by the constant

will be driven down by the constant

will be driven down by the constant threat of either outsourcing to a

threat of either outsourcing to a

threat of either outsourcing to a cheaper labor force overseas or to

cheaper labor force overseas or to

cheaper labor force overseas or to robots and in our current economic model

robots and in our current economic model

robots and in our current economic model who benefits from automation in the past

who benefits from automation in the past

who benefits from automation in the past the main benefactors of technological

the main benefactors of technological

the main benefactors of technological advances have been businesses industry

advances have been businesses industry

advances have been businesses industry technology has made the world richer

technology has made the world richer

technology has made the world richer overall yes but not everyone is

overall yes but not everyone is

overall yes but not everyone is benefited in 2009 the top one percent

benefited in 2009 the top one percent

benefited in 2009 the top one percent owned 44 percent of the world’s wealth

owned 44 percent of the world’s wealth

owned 44 percent of the world’s wealth in 2014 they had 48 percent by 2020 it

in 2014 they had 48 percent by 2020 it

in 2014 they had 48 percent by 2020 it is estimated that the one percent will

is estimated that the one percent will

is estimated that the one percent will own 54 percent of global wealth now this

own 54 percent of global wealth now this

own 54 percent of global wealth now this concentration of wealth it doesn’t have

concentration of wealth it doesn’t have

concentration of wealth it doesn’t have to continue we can change the system for

to continue we can change the system for

to continue we can change the system for the first time in history technology

the first time in history technology

the first time in history technology could lead us to the abundance necessary

could lead us to the abundance necessary

could lead us to the abundance necessary to enrich humanity on an individual

to enrich humanity on an individual

to enrich humanity on an individual level but to get there we have to be

level but to get there we have to be

level but to get there we have to be brave and open-minded enough to dream a

brave and open-minded enough to dream a

brave and open-minded enough to dream a better world and then take the steps

better world and then take the steps

better world and then take the steps towards that world right now automation

towards that world right now automation

towards that world right now automation is a threat but it doesn’t have to be

is a threat but it doesn’t have to be

is a threat but it doesn’t have to be with the universal basic income it could

with the universal basic income it could

with the universal basic income it could be a road to freedom but to buy that

be a road to freedom but to buy that

be a road to freedom but to buy that freedom to buy that freedom we need to

freedom to buy that freedom we need to

freedom to buy that freedom we need to stop running our economy on the

stop running our economy on the

stop running our economy on the ideologies of the past and start

ideologies of the past and start

ideologies of the past and start designing the economy of the future now

designing the economy of the future now

designing the economy of the future now there are many ways that we could fund

there are many ways that we could fund

there are many ways that we could fund the universal basic income

the universal basic income

the universal basic income most of them involve taxation reforms

most of them involve taxation reforms

most of them involve taxation reforms that are sorely needed in our shifting

that are sorely needed in our shifting

that are sorely needed in our shifting highly technical globalized economy we

highly technical globalized economy we

highly technical globalized economy we could as as Thomas Paine suggested start

could as as Thomas Paine suggested start

could as as Thomas Paine suggested start thinking differently about the private

thinking differently about the private

thinking differently about the private ownership of land or even the resources

ownership of land or even the resources

ownership of land or even the resources that we all need to survive we could

that we all need to survive we could

that we all need to survive we could start thinking differently about

start thinking differently about

start thinking differently about innovation

innovation

innovation and the ownership of ideas or the

and the ownership of ideas or the

and the ownership of ideas or the ownership of data that we give freely to

ownership of data that we give freely to

ownership of data that we give freely to large corporations who then profit from

large corporations who then profit from

large corporations who then profit from it or the ownership of technological

it or the ownership of technological

it or the ownership of technological progress which has been driven by

progress which has been driven by

progress which has been driven by centuries of interchanging ideas many of

centuries of interchanging ideas many of

centuries of interchanging ideas many of the technical wonders that we enjoy in

the technical wonders that we enjoy in

the technical wonders that we enjoy in our everyday lives like computers and

our everyday lives like computers and

our everyday lives like computers and smartphones are based on on research

smartphones are based on on research

smartphones are based on on research that to some degree has been

that to some degree has been

that to some degree has been taxpayer-funded and are produced with

taxpayer-funded and are produced with

taxpayer-funded and are produced with resources many of them rare minerals

resources many of them rare minerals

resources many of them rare minerals there are sourced from the very ground

there are sourced from the very ground

there are sourced from the very ground we all walk so how should these profits

we all walk so how should these profits

we all walk so how should these profits be shared there is also mounting

be shared there is also mounting

be shared there is also mounting evidence through the many experiments

evidence through the many experiments

evidence through the many experiments that have been done with universal basic

that have been done with universal basic

that have been done with universal basic income all over the world that the

income all over the world that the

income all over the world that the system leads to lower crime rates lower

system leads to lower crime rates lower

system leads to lower crime rates lower school dropout rates fewer accidents and

school dropout rates fewer accidents and

school dropout rates fewer accidents and stress-related illnesses whilst

stress-related illnesses whilst

stress-related illnesses whilst increasing the level of education and

increasing the level of education and

increasing the level of education and entrepreneurship these findings along

entrepreneurship these findings along

entrepreneurship these findings along with the removal of the burdensome

with the removal of the burdensome

with the removal of the burdensome bureaucracy that comes with our current

bureaucracy that comes with our current

bureaucracy that comes with our current welfare system would lead to two massive

welfare system would lead to two massive

welfare system would lead to two massive savings in taxpayer money that could be

savings in taxpayer money that could be

savings in taxpayer money that could be diverted into funding a universal basic

diverted into funding a universal basic

diverted into funding a universal basic income now these are just a few ideas

income now these are just a few ideas

income now these are just a few ideas and they may seem implausible or

and they may seem implausible or

and they may seem implausible or impossible even but where there is a

impossible even but where there is a

impossible even but where there is a will there’s a way know to better

will there’s a way know to better

will there’s a way know to better understand where we are today

understand where we are today

understand where we are today and how we got here it is important to

and how we got here it is important to

and how we got here it is important to understand it’s important to delve into

understand it’s important to delve into

understand it’s important to delve into the past and to understand that the

the past and to understand that the

the past and to understand that the systems that frame our lives are

systems that frame our lives are

systems that frame our lives are man-made we can change them and our

man-made we can change them and our

man-made we can change them and our current man-made system is designed to

current man-made system is designed to

current man-made system is designed to reach a goal grounded in ideology that

reach a goal grounded in ideology that

reach a goal grounded in ideology that is today at odds with an equitable and

is today at odds with an equitable and

is today at odds with an equitable and sustainable future that goal is maximal

sustainable future that goal is maximal

sustainable future that goal is maximal growth of the economy in perpetuity Adam

growth of the economy in perpetuity Adam

growth of the economy in perpetuity Adam Smith who’s been coined the father of

Smith who’s been coined the father of

Smith who’s been coined the father of modern capitalism had a clear idea of

modern capitalism had a clear idea of

modern capitalism had a clear idea of how to get there of how to reach that

how to get there of how to reach that

how to get there of how to reach that goal by maximising worker efficiency and

goal by maximising worker efficiency and

goal by maximising worker efficiency and as a result production and consumption

as a result production and consumption

as a result production and consumption by breaking down complex processes into

by breaking down complex processes into

by breaking down complex processes into many tiny steps each allotted to one

many tiny steps each allotted to one

many tiny steps each allotted to one worker

worker

worker human beings became little more than

human beings became little more than

human beings became little more than cogs in the industrial machine whose

cogs in the industrial machine whose

cogs in the industrial machine whose output was an imagined infinite economic

output was an imagined infinite economic

output was an imagined infinite economic growth it’s interesting to note that

growth it’s interesting to note that

growth it’s interesting to note that Adam Smith himself pointed out the

Adam Smith himself pointed out the

Adam Smith himself pointed out the downfall of a system which in effect

downfall of a system which in effect

downfall of a system which in effect employs human beings into mindless

employs human beings into mindless

employs human beings into mindless drudgery for half of their waking life

drudgery for half of their waking life

drudgery for half of their waking life in order for them to make ends meet he

in order for them to make ends meet he

in order for them to make ends meet he warned that forcing individuals to

warned that forcing individuals to

warned that forcing individuals to perform mundane and repetitive tasks

perform mundane and repetitive tasks

perform mundane and repetitive tasks would lead to an ignorant and

would lead to an ignorant and

would lead to an ignorant and dissatisfied workforce this was it seems

dissatisfied workforce this was it seems

dissatisfied workforce this was it seems an acceptable side effect as the goal

an acceptable side effect as the goal

an acceptable side effect as the goal was after all the material wealth of

was after all the material wealth of

was after all the material wealth of nations and not an enlightened and

nations and not an enlightened and

nations and not an enlightened and content population Smith he believed

content population Smith he believed

content population Smith he believed monetary incentives to be vital to get

monetary incentives to be vital to get

monetary incentives to be vital to get people to work after all why would

people to work after all why would

people to work after all why would anyone choose the hard and repetitive

anyone choose the hard and repetitive

anyone choose the hard and repetitive toil that offer in the factories of his

toil that offer in the factories of his

toil that offer in the factories of his day if it wasn’t absolutely necessary

day if it wasn’t absolutely necessary

day if it wasn’t absolutely necessary for survival but the preconception was

for survival but the preconception was

for survival but the preconception was that human beings are in essence lazy

that human beings are in essence lazy

that human beings are in essence lazy and to some degree untrustworthy unless

and to some degree untrustworthy unless

and to some degree untrustworthy unless incentivized monetarily to be otherwise

the same school of thought was then

the same school of thought was then applied to our education system where

applied to our education system where

applied to our education system where instead of money exam scores and degrees

instead of money exam scores and degrees

instead of money exam scores and degrees and certificates are used to incentivize

and certificates are used to incentivize

and certificates are used to incentivize learning as well as being prerequisites

learning as well as being prerequisites

learning as well as being prerequisites for graduating and then finding a job so

for graduating and then finding a job so

for graduating and then finding a job so from an early age we become accustomed

from an early age we become accustomed

from an early age we become accustomed to working for extrinsic rather than

to working for extrinsic rather than

to working for extrinsic rather than intrinsic rewards so instead of being

intrinsic rewards so instead of being

intrinsic rewards so instead of being motivated from from that feeling of

motivated from from that feeling of

motivated from from that feeling of accomplishment when you come to

accomplishment when you come to

accomplishment when you come to understand concepts in their application

understand concepts in their application

understand concepts in their application in the world you know that you wreak a

in the world you know that you wreak a

in the world you know that you wreak a moment when you finally get something

moment when you finally get something

moment when you finally get something instead of that we’re motivated to

instead of that we’re motivated to

instead of that we’re motivated to memorize words and labels repeating them

memorize words and labels repeating them

memorize words and labels repeating them like a parrot to pass that exam get that

like a parrot to pass that exam get that

like a parrot to pass that exam get that degree and contribute to that common

degree and contribute to that common

degree and contribute to that common goal endless economic growth so what’s

goal endless economic growth so what’s

goal endless economic growth so what’s wrong with that hasn’t it served to make

wrong with that hasn’t it served to make

wrong with that hasn’t it served to make all of our lives a lot more wealthy yes

all of our lives a lot more wealthy yes

all of our lives a lot more wealthy yes it has at least materially it has but

it has at least materially it has but

it has at least materially it has but it’s also led to

it’s also led to

it’s also led to as Smith warned an uninformed

as Smith warned an uninformed

as Smith warned an uninformed dissatisfied population for ever seeking

dissatisfied population for ever seeking

dissatisfied population for ever seeking extrinsic validation and instant

extrinsic validation and instant

extrinsic validation and instant gratification the perfect consumer

gratification the perfect consumer

gratification the perfect consumer pollution of land sea and air are the

pollution of land sea and air are the

pollution of land sea and air are the other fruits of this locust like

other fruits of this locust like

other fruits of this locust like approach to civilization where we

approach to civilization where we

approach to civilization where we consume more with every passing year as

consume more with every passing year as

consume more with every passing year as if this planet were actually expanding

if this planet were actually expanding

if this planet were actually expanding in step many of the conditions that make

in step many of the conditions that make

in step many of the conditions that make this planet beautiful bountiful and

this planet beautiful bountiful and

this planet beautiful bountiful and capable of sustaining human life are

capable of sustaining human life are

capable of sustaining human life are facing threats so far gone that our

facing threats so far gone that our

facing threats so far gone that our current technology might not be able to

current technology might not be able to

current technology might not be able to deal with them even if we made a

deal with them even if we made a

deal with them even if we made a concerted effort to do so which we are

concerted effort to do so which we are

concerted effort to do so which we are not despite this our measure for success

not despite this our measure for success

not despite this our measure for success and well-being is still gross domestic

and well-being is still gross domestic

and well-being is still gross domestic product the amount of stuff we produce

product the amount of stuff we produce

product the amount of stuff we produce without any regard to actual need making

without any regard to actual need making

without any regard to actual need making our economic system work against the

our economic system work against the

our economic system work against the very systems we rely on for our survival

very systems we rely on for our survival

very systems we rely on for our survival and well-being so what does this tell us

and well-being so what does this tell us

and well-being so what does this tell us do we not have to rethink our very

do we not have to rethink our very

do we not have to rethink our very definition of success what makes a

definition of success what makes a

definition of success what makes a nation truly wealthy I believe that to

nation truly wealthy I believe that to

nation truly wealthy I believe that to find these answers we have to be willing

find these answers we have to be willing

find these answers we have to be willing to examine our core belief systems and

to examine our core belief systems and

to examine our core belief systems and ask ourselves if they’re serving us and

ask ourselves if they’re serving us and

ask ourselves if they’re serving us and by us I mean all of us because if we’re

by us I mean all of us because if we’re

by us I mean all of us because if we’re to evolve as a species we must rise

to evolve as a species we must rise

to evolve as a species we must rise above the individual interest and start

above the individual interest and start

above the individual interest and start looking towards the interest of the

looking towards the interest of the

looking towards the interest of the collective the whole our world is fast

collective the whole our world is fast

collective the whole our world is fast changing and with it the societies and

changing and with it the societies and

changing and with it the societies and the systems that we’ve built to sustain

the systems that we’ve built to sustain

the systems that we’ve built to sustain us now these changes will happen with or

us now these changes will happen with or

us now these changes will happen with or without our participation it’s not a

without our participation it’s not a

without our participation it’s not a question of if but of when and how now

question of if but of when and how now

question of if but of when and how now the how is something we have a little

the how is something we have a little

the how is something we have a little control over but only to the extent of

control over but only to the extent of

control over but only to the extent of how willing we are to look at the paths

how willing we are to look at the paths

how willing we are to look at the paths ahead understand the inevitable changes

ahead understand the inevitable changes

ahead understand the inevitable changes we face and to prepare we must prepare

these will be the deciding factors and

these will be the deciding factors and whether a particular change will be

whether a particular change will be

whether a particular change will be positive or negative for society

positive or negative for society

positive or negative for society now the how might very well be a

now the how might very well be a

now the how might very well be a universal basic income which has the

universal basic income which has the

universal basic income which has the potential to both mitigate unemployment

potential to both mitigate unemployment

potential to both mitigate unemployment greatly accelerate the rate of

greatly accelerate the rate of

greatly accelerate the rate of technological development possibly save

technological development possibly save

technological development possibly save the planet and make people be more

the planet and make people be more

the planet and make people be more fulfilled and happy than they have ever

fulfilled and happy than they have ever

fulfilled and happy than they have ever been now I think that’s worth a shot

been now I think that’s worth a shot

been now I think that’s worth a shot don’t you thank you

don’t you thank you

don’t you thank you [Applause]

”

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