Business Insider spoke with O'Reilly Media founder Tim O'Reilly about how Universal Basic Income could help us and reduce the number of hours we work each week.
"I think universal income might be the right idea sold the wrong way with the wrong implementation. That is I believe that the fruits of machine productivity should be distributed more widely. I’m not sure we know yet what the right way to do it is."
"The average workweek in 1800 was 70 hours a week, we brought it down to 35-40, we used to send children into the fields and factories and then we sent them to school, we could do that again, we could reduce the work week."
"We could create an allocation for people to do continuing education to always learn new skills. There’s all kinds of other ways to take this bounty of machine productivity and put it into a more human economy."
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