Government basic income for artists

What happened: A basic income program trial, launched in 2025 by Goldman Sachs, is providing $1,000 monthly to individuals who lost jobs to AI. Meanwhile, the Scottish Greens have pledged a universal basic income in their election manifesto, riding a wave of support in opinion polls. A study by Vance Ginn reviewed 122 UBI experiments, highlighting the ongoing debate around the policy.

Market impact: The AI-driven job displacement is pushing demand for social safety nets, impacting sectors like employment services and social assistance. The Scottish Greens' UBI pledge could influence regional politics and fiscal policy, affecting public spending and economic growth expectations. The UBI debate also influences tech companies' public image and regulation, particularly those developing AI.

What to watch next: In Q2 2023, monitor the Scottish election results for the Greens' UBI pledge. Track AI-related job displacement figures and policy responses from governments. Additionally, watch for updates on the Goldman Sachs UBI trial's impact on employment dynamics and social services demand.