The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.

Elon Musk has started talking less about universal basic income and more about what he calls "universal high income," a future in which he says there will be "no poverty" and little reason to save ...

As global wealth inequality deepens and automation threatens to usher in a new form of technology-driven unemployment, many nations, from the wealthy and industrialized to the still-developing, are ...

Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. The global economy stands at an inflection point. While ...

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Musk envisions a future without the need to save money, claiming technological advancement will solve economic woes. Musk claims AI will eliminate the need to save money. Experts and the public ...