It's good to see the RSA continuing to share possible solutions to the idea of reaching a Universal Basic Income for everyone.
As AI and further automation are likely to increase their impact on low paid jobs I've no doubt that we really do have to prioritise what we are going to do to find good and purposeful alternatives to work.
At a meeting earlier this week I was heartened to learn Landsec are already proactively considering the lack of work security as a significant contributor to mental health and well-being of those employed within their supply chain.
Despite record employment levels, in-work poverty now affects more people than out-of-work poverty. Average household debt is expected to reach an unprecedented £19,000 by the end of this parliament. For the 41 per cent of us with savings of less than £1,000, “just about managing” is one piece of bad luck away from “not managing”. Amidst this economic insecurity, we need to rethink how people can be supported to enjoy secure and purposeful lives. A report released by the RSA today might offer part of the answer: a “UK Basic Opportunity Fund”.
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