Cash Transfers and Guaranteed Minimum Income Programs:
Research, Evaluation, and Policy
Prague, Czech Republic
September 9-10, 2024
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“The Impact of UBI on Generative Welfare Operations”
Kyungbae Chung, Korean Socio-Economic Society
AI's impact on unemployment is expected to be uneven, and these changes could exacerbate existing inequalities, as individuals in these roles may lack the resources or skills needed to transition to new employment opportunities. AI will create jobs Although AI has enormous potential, its impact on jobs is a double-edged sword. Many countries are experimenting with UBI as a means of resolving the phenomenon of unemployed people falling into poverty, as a result of increased technical unemployment by replacing jobs. One of the self-evident facts is that life must continue to exist, an environment suitable for life, and a UBI must be provided to resolve homeostatic imbalance.
The advantage of UBI is that it helps reduce poverty and provides economic security to the poor. It provides a social safety net to overcome social crises and allows free time to pursue dreams and goals. However, UBI could increase reliance on public assistance and discourage more people from working, leading them to decide not to seek paid employment. UBI could be very expensive and could be a high expenditure that would require significant tax rate increases. UBI is unequal by its nature that giving everyone the same amount regardless of income.
This study understands the distribution of public opinion in Korean society regarding the Universal Basic Income system and empirically verifies the frame effect that influences policy preferences for the basic income system. To this end, it is summarized the distribution of public opinion on the basic income system in Korean society through analysis of data from two web surveys. Based on this, we applied a web survey experiment method to verify whether there were differences in policy preferences by question frame regarding the basic income system in Korea as well.