#31MinutėSuIljaLaurs This week, we invite you to examine a topical and highly debated topic - Universal Basic Income (UBI). Find out what it is, how this model could be funded, and what impact such revenue would have on society and the economy. In this episode #15 entrepreneur, futurist and investor @Ilja Laurs talks with event host and founder of Bigevent Evaldus Venskutonis about the implementation of UBP, its advantages, disadvantages and economic and social challenges that this model could solve or cause. Subscribe to @IljaLaurs channel and be the first to know about the latest episodes that discuss important developments in the economy, investments and technology. Don't forget to share this episode #15 with your friends, LIKE, leave a comment and write what topics you would like to hear about in the future. ???? You can find the audio recording on Ilja Laurs' Spotify channel: https://podcasters.spotify.com/pod/sh... In the podcast, you will learn: ▶ What is Universal Basic Income and how does it differ from other social welfare programs? ▶ How would UBP be financed and what are the threats of taxes, inflation and budget deficit? ▶ Who should be eligible for UBP: all citizens or only people matching certain age, residence or income groups? ▶ What impact can we expect from UBP in fighting poverty and inequality and increasing access to basic needs? ▶ Would UBP reduce work motivation or encourage more people to take up business or creativity? ▶ What are the main arguments for and against UBP? ▶ How could UBP affect automation and job loss trends? ▶ What did UBP experiments in countries like Finland, Canada or the USA show? TIMESTAMPS: 00:00 - Start 00:33 - What is Universal Basic Income (UBI)? 03:28 - Due to the technological breakthrough, the consequences of the significantly increased productivity do not go to the working person, but to the capitalist. 06:18 - The economic prerequisites for having the same universal basic income for every individual in the world - exist and there are quite a few efforts to legitimize it. 10:31 - On the quest to equalize the UBP of all humanity by redistributing the wealth that will be created by robots and other technologies. 12:32 - There will definitely come a point when the economy will run without people 19:15 - Studies conducted in various countries have shown that after the implementation of the UBP system: welfare - improves, security - increases, development - increases. 20:40 - There is no politician who is not looking for even more money for his program. 25:40 - Disadvantages of the UBP system. 28:15 - About the long-term economic consequences of the system. 33:26 - The end. PARTICIPANTS: ▶ Ilja Laurs: https://shorturl.at/hmKSV ▶ Evaldas Venskutonis: https://shorturl.at/anWY1 FOLLOW ILJA LAURS AND KNOW MORE: ▶ Facebook: / ilja.laurs.lt ▶ LinkedIn: / laurs ▶ Instagram: / ilja.laurs.lt ▶ TikTok: / iljalaurs ▶ Spotify: https://podcasters.spotify.com/pod/sh... FILMED: ???? No small ideas: neramazuideju.lt #31MinutėSuIljaLaurs #UniversaliosBazinesPajamos #Ekonomika #SocialineGerove #UBP #Investavimas #IljaLaurs #Webcast We hope you find this content useful and interesting. Don't forget to share, comment and subscribe to this channel!