Solution to hedge two biggest triggers of global economy recession
Results of the Davos Forum in one phrase:
4-th industrial Revolution will lead to the stratification of the world (inequality growth) and may trigger economic recession in next two years.
See https://www.cnbc.com/video/2019/01/22/ray-dalio-davos.html
Second biggest trigger of recession: shift in workforce and population aging.
According to WEF research, the proportion of people over 65 years old around the globe is currently 10 percent; it is expected to double in 20 years. In Japan, this percentage is already reached.
https://www.weforum.org/agenda/2016/09/5-ways-to-prepare-for-tomorrows-ageing-population/
People are living and working longer. As a result, companies and governments have higher expenses for pensions and health benefits. This is complicated by rising health care costs and further complicated by the potential job displacement from AI, robotics and advanced data analytics.
This will lead to insolvency of pension funds. How to deal with these challenges?
The questions that were asked in Davos: how to avoid mass unemployment and maintain effective demand for economic growth?
Conditional Basic Income.
The answer to these questions was presented on the last day of the World Economic Forum by www.DAYS.exchange: Conditional Basic Income
A growing number of academics and businesses are examining the impacts of health and wealth together: Alex Zhavoronkov, S.Jay Olshansky, James L. Kirkland https://www.amazon.com/Aging-Longevity-Dividend-Jay-Olshansky/dp/1621821633
DAYS clients will get subsidized insurance premium depending on his personal Healthy-Wealthy level measured by an app. Freelancers will become Mentors for HWI users, after trainings. Mentors confirm users’ HWI level.
https://medium.com/@eduardmusinsci/davos-presentation-of-days-exchange-conditional-basic-income-health-wealth-f9023bb41fba
