Robotic arms weld parts to be used in an automobile chassis in the Volkswagen AG factory, as part of the ‘Think Blue’ sustainability initiative, in Wolfsburg, Germany. (Photographer: Krisztian Bocsi/Bloomberg)

Universal Basic Income Is Neither Universal Nor Basic

(Bloomberg View) -- As machine learning and robotics improve in the coming decades, hundreds of millions of jobs are likely to disappear, disrupting the economies and trade networks of the entire w...