Barack Obama, 2018 Nelson Mandela Annual Lecture [speech] (17 July 2018)

Artificial intelligence is here and it is accelerating, and you're going to have driverless cars, and you're going to have more and more automated services, and that's going to make the job of giving everybody work that is meaningful tougher, and we're going to have to be more imaginative, and the pact of change is going to require us to do more fundamental reimagining of our social and political arrangements, to protect the economic security and the dignity that comes with a job. It's not just money that a job provides; it provides dignity and structure and a sense of place and a sense of purpose. And so we're going to have to consider new ways of thinking about these problems, like a universal income, review of our workweek, how we retrain our young people, how we make everybody an entrepreneur at some level. But we're going to have to worry about economics if we want to get democracy back on track.

— Barack Obama on Basic income

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Artificial intelligence is here and it is accelerating, and you're going to have driverless cars, and you're going to have more and more automated services, and that's going to make the job of giving everybody work that is meaningful tougher, and we're going to have to be more imaginative, and the pact of change is going to require us to do more fundamental reimagining of our social and political arrangements, to protect the economic security and the dignity that comes with a job. It's not just money that a job provides; it provides dignity and structure and a sense of place and a sense of purpose. And so we're going to have to consider new ways of thinking about these problems, like a universal income, review of our workweek, how we retrain our young people, how we make everybody an entrepreneur at some level. But we're going to have to worry about economics if we want to get democracy back on track." in the context of "Barack Obama, 2018 Nelson Mandela Annual Lecture [speech] (17 July 2018)" to mean that wisdom is timeless.

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Source: Wikiquote: "Basic income" (O) The 'What it means' explanation text was generated by Google Gemini Flash (accessed February 05, 2026). https://gemini.google.com/app
Barack Obama

About Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States of America from 2009 to 2017. Born in Hawaii, the son of a Kenyan father and a mother from Kansas, he won the 2008 presidential election and was re-elected president in November 2012. A member of the U.S. Democratic Party, he was the first African American president. Before becoming president, he represented the 13th district for three terms in the Illinois Senate from 1997 to 2004 and served as United States senator from Illinois between January 4, 2005 and November 16, 2008. While president, he was the recipient of the 2009 Nobel Peace Prize.