Showing posts with label UBI. Show all posts
Showing posts with label UBI. Show all posts

Thursday, July 29, 2021

UNIVERSAL BASIC INCOME - My Brainfart About It

 


DIMINISHING INCOME STREAMS

The main reason I see the inescapable reality of the UBI becoming more mainstream in the coming short years is the fact that the resources available are constrained and the needs amongst the populace are constant if not increasing. This is a global fact; not only here in a developing economy such as Kenya.

WHO QUALIFIES 

So far the metric used in determining the person(s) eligible for such a scheme is the poverty threshold determined over a country or locale and every citizen living within it gets support from the scheme. Another variation is the social security unemployment benefits that developed economies use to support people who have fallen on hard times. We'll have te equity and equality discussion later.

It is also important to note that in Kenya, this has already been tried out by an NGO in the Bomet and Siaya counties, with a sample size of 14,474 households and the study started in 2018 to see if the beneficiaries would lead sustainable lifestyles and not end up using the money to fund tobacco and alcohol abuse.

WHAT WOULD MAKE IT POSSIBLE

For such a program to work, an authority – government/global organization needs to come up with set standards to ensure the transparency and security of funds being transferred.

Two ways to do this is to set up the necessary structures of digital inclusivity and here we’re talking universality in digital ID systems and accessibility to mobile telephony even in the most remote regions of a country so that no one gets left out.

This would require robust investments in the digital infrastructures especially in Sub-Saharan African nations.

THE POSSIBLE BENEFITS



Well, that’s pretty straight forward. In a nutshell, Thanos’ dream of full bellies will be achieved without having to wipe out half of the global population and we just might achieve utopia to a certain degree.

Another benefit we’d hit is having that Universal Health Care easily implementable with a synergistic database attained via the universal digital ID.

Another key goal we’d achieve is eliminating corruption through the traceability of the transactions done and ensuring the money ends up in the hands of those who need it most.

HOW IT WOULD AFFECT EMPLOYMENT

We need to face the reality here and admit that in an economy like Kenya’s many manufacturing modes of employment will not be available in the not so distant future. The truth is we as Kenya-and many world nations with the exception of China, Japan, Germany, South Korea and Taiwan and maybe few countries which you can count with your fingers – are a service and information economy.

There are many of us millennials who will never get jobs in the manufacturing sector of our economy. Many of us will start rambling online like I am with this blog of mine hoping to someday make some cash off of our ramblings through vlogs and podcasts as well to bee proud of the  content we’ve created and somehow get a shred of dignity in it other being dependent on a capped cash allocation over a set period. There are some others who’d be content with the UBI whilst others will just hate it.  The best case scenario is to hope that not most of our population will be wholly dependent on the UBI.

Not that many people would want to seek employment if the comparitive incentive isn't worth their time.

We'd end up obese like these humans from that Wall E movie

HOW OUR ECONOMY IS WORKING TOWARDS THE UBI

Our economy has already started working towards the UBI and consequently the UHC(Universal Health Care)  via The Huduma Namba digital ID and this is not happening here alone it’s also happening all over the world . The globalization of such schemes can easily be integrated into the Agenda 21, Agenda 2030 and ID 2020 schemes through one entity being given access seamlessly into another’s database. We can see this with the Covid 19 Immunity passports.

There’s also a big four agenda which the Kenya government is working hard to attain as well as its vision 2030 goals which are getting really easily achievable as technology advances.

As I sign off on this piece just know that there has to be an authority overseeing all this Utopian yumminess and that this was not just a fluff piece. 

 Some sacrifices to our personal privacies will have to be made. To whom, I’m not so sure.

 

 

Monday, July 26, 2021

THE ROBOTS ARE TAKING OVER

photo courtesy: gamingintel.com


INEVITABILITY

Whether we like it or not this was the road the planet was heading to since the dawn of the industrial revolution and just like the beginnings of it, it carries with it some pros (mostly for the producing class) and cons which are heavily on the side of the working class. In today’s parlance it’s dubbed: THE FOURTH INDUSTRIAL REVOLUTION by the WEF - World Economic Forum and other experts or the guys you see on TV getting paid a whole bunch for flapping their gums and sounds come out. Those guys.

 It’s with this in my mind and also with the rollout of the thing already happening in the world around us, that we’ll be checking it out in this entry. Also, this post is not about promoting robophobia although to be honest there's a degree of apprehension in me about bots and botnets and the internet of things.



WHAT IT IS IN A NUTSHELL

The fourth industrial revolution/ Industry 4.0/ 4IR involves the onslaught of automation in the manufacturing and service industries. With it of course it means just like in The second industrial revolution where many roles involved the on-hand availability of many manual labourers as was the norm in The first industrial revolution – which were mostly rendered redundant by the new mechanizations and standardizations – this 4IR will be and is putting many an employed heads on the chopping block as well.

Don’t worry about the third industrial revolution, it pretty much started after the invention of the semiconductors in 1949 or there about and it brought it the digital aspect of human life on earth over the latter half of the 20th century.

With brutally short explanations out of the way, let’s get into the meat and potatoes of this one shall we?

HOW IT AFFECTS THE JOB MARKET


For every player in every industry to survive, they’ll to dip their toes into this tech ooze or risk going extinct. This on the other hand means many of their workers and even departments will be replaced by some tech software or some kind of app or a robot depending on the role one’s involved in.

The 4IR is very beneficial mostly to the higher ups in organizations because they won’t have any costs incurred with lost man hours due to illnesses or some emergencies , no need to provide medial cover for their bots, the ability to boost productivity by longer working hours of their automatons has jumped through the roof and all that fun stuff.

On the other side of the coin what’s the human worker supposed to do?

HOW TO GET EVEN



Well, the following is just me spit-balling on what we can do when (not if) we find ourselves competing with AI (Artificial Intelligence) in the job market.

o   Get more tech savvy.

Since we cannot beat the inevitable, we need to learn more and more about the emerging tech-sphere and find out where we can fix ourselves within it. This would involve seeking new tech based skills so that we are relevant and valuable in the world today.

o   Look for alternative income sources

This is pretty much inevitable and I’ll look into it more on another post here but more governments in the world are looking to implement the UBI

Universal Basic Income where the citizens are assisted through a social security program by giving the people a stipend every month to live on so that people do not go hungry,

o   Getting into the service industry

There are certain emerging industries associated with the 4IR and these would involve you getting a driving licence because of all the driving and motorbike delivery services popping up. So acquiring that driving and riding skill- whilst still viable- will keep you employed a little bit longer.

In other sectors such as the hotel and related industries would get you fed for a while.

PS

Self-driving vehicles will replace you soon within the coming 2 decades

o   Acquire technical skills Through TVETs (Technical and Vocational Education and Training)

This is just like the measure above but with the context of a developing economy like the one in Kenya, one needs to get technical training on what are categorized as blue collar jobs. Examples could be in training to operate heavy machinery use in major construction projects like bulldozers , cranes and such , being a forklift operator, getting into masonry and carpentry as well as getting trained in welding skills, artisanry and such marketable skillsets – Also note that automation will completely take over these jobs over the next 2 decades.

This discussion is not as exhaustive and conclusive due to the dynamics of today’s job market. Plus this blog post is too long for many of us millennials or Gen-Zs to have read to this point. I’ll be posting related aspects of it in at least two more entries this week.

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