Why the world should adopt a basic income

A BASIC income (BI) is defined as a modest, regular payment to every legal resident in the community, paid unconditionally as a right, regardless of income, employment or relationship status. Contrary to conventional wisdom, the case for BI does not rest on the assumption that robots and artificial intelligence will cause mass unemployment or that... Continue Reading →

Wells Fargo accused of misconduct again

Wells Fargo is once again being accused of misconduct, this time because it allegedly used complex financial investments to take advantage of mom-and-pop investors. The Securities and Exchange Commission said on Monday that between 2009 and 2013, Wells Fargo (WFC) reaped large fees by "improperly encouraging" brokerage clients to actively trade high-fee debt products that... Continue Reading →

Kroger supermarket chain to test driverless grocery deliveries

Autonomous grocery delivery buggies may roam U.S. neighborhoods if Kroger’s pilot program works out. The largest American supermarket chain announced a partnership with Mountain View-based Nuro this week to test the concept of driverless home deliveries. The pilot will start this fall in an as-yet-unnamed market. Nuro applies robotics, artificial intelligence, and computer vision technology in partnership with... Continue Reading →

Neanderthals Weren’t the Only Species Ancient Humans Hooked Up With

Approximately 50,000 years ago, modern humans encountered Neanderthals and interbred. The consequences of these cross-species coital trysts on human populations today is starting to become clearer: Scientists believe that one to three percent of the genomes of modern Eurasians are derived from Neanderthal DNA, a genetic inheritance that’s been associated with increased depression risk, certain... Continue Reading →

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