A proposed safety net for large-scale AI job loss

A post describes a Google DeepMind, Oxford and University of Chicago paper on protecting people if AI takes over many jobs. It says the authors find no single policy works in every scenario: retraining helps only if AI keeps creating jobs. They propose expanding unemployment benefits and a low-wage tax credit now, turning that credit into a guaranteed income floor if joblessness persists, and giving citizens stakes in a public investment fund if workers’ share of the economy keeps falling.