universal basic income

In Silicon Valley, some of the brightest minds believe a universal basic income (UBI) that guarantees people unrestricted cash payments will help them to survive and thrive as advanced technologies…

We all contribute to AI — should we get paid for that?

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Darryl Finkton Jr. closes $200M to go from asset management to poverty eradication

Darryl Finkton Jr. is a man on a mission. He believes there’s enough money in the world to help put an end to poverty. But only if it’s distributed differently than it is today. Earlier this year, the investor left a career in asset management to launch a $1 billion venture fund aimed at eradicating…

2:46 pm PDT • May 27, 2021
Darryl Finkton Jr. closes $200M to go from asset management to poverty eradication

As tech has grown, policy debates have become an important pastime. Today’s tech industry aspires to replace human drivers with self-driving cars, secretaries with AI assistants, permanent jobs with gigs…

How tech entrepreneurs think of Universal Basic Income

Tax robots and Universal Basic Income

1:01 pm PDT • July 17, 2018

Technological innovation is moving at an ever-accelerating pace, and this comes with vast benefits and inevitable changes. One downside is that machine learning and automation are already replacing jobs. It…

Tax robots and Universal Basic Income

Think you’ve heard that song before? Were there more Jennifer’s or Jessica’s in your class at school? And what does this have to do with the rise of Donald Trump?…

Patterns, Predictability, and the Rise of Donald Trump 

Like the Titanic, capitalism is sinking, but few passengers are wondering yet if there are enough lifeboats.

Is monetizing federal land the way to pay for basic income?

It appears some establishment voices have picked up on a way of opposing the idea of the monthly citizen dividend of about $1,000 per month, known as universal basic income…

The progressive case for replacing the welfare state with basic income

Y Combinator announced today that it would launch its first basic income experiment in Oakland, CA. The startup accelerator began researching the concept of basic income last fall and will…

Y Combinator announces basic income pilot experiment in Oakland

Money For Nothing For Everyone

6:00 am PST • November 21, 2015

“There is something more powerful than the brute force of bayonets: it is the idea whose time has come.” And so last weekend I visited the Basic Income Createathon–held, appropriately…

Money For Nothing For Everyone