portfolio adjustment
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2021 ◽  
Vol 3 ◽  
Author(s):  
Alexandra K. Przegalinska ◽  
Robert E. Wright

Positive and normative claims that artificial intelligence (AI) will or should lead to adoption of a universal basic income policy (UBI) remain insufficiently empirically grounded to merit serious consideration. Long-term trends in individual/familial income portfolio adjustment (IPA) to business, economic, and technological change (BETC) point to continued incremental changes in the ways that individuals/families achieve life goals, not a fundamental structural break necessitating radical policy changes that may not be desirable in any event. Moreover, if AI proves a more rapid disruptor than anticipated, UBI-like payments can be made quickly, as recent bailouts and fiscal stimuli demonstrate.


2019 ◽  
pp. 255-293
Author(s):  
Polly Reynolds Allen ◽  
Peter B. Kenen

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