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Ray Kurzweil: Universal Basic Income will arrive in the 2030s

Ray Kurzweil
Ray Kurzweil (Photo: Bill Wadman)

Technology pioneer Ray Kurzweil predicted Friday that universal basic income, a controversial notion today, will be common throughout the developed world by the early 2030s and globally by the end of that decade.

Why it matters: With the combination of automation and artificial intelligence, there has been wide concern over how society will deal with massive job disruption.