A Billionaire Is Helping Fund a Massive Universal Basic Income Project

Techpreneurs Love UBI

Tesla and SpaceX CEO and founder Elon Musk and Y Combinator president Sam Altman have already come out in support of universal basic income (UBI), and now another tech billionaire is joining their ranks: eBay founder Pierre Omidyar.

His philanthropic investment firm, the Omidyar Network, is stepping up its support of UBI by funding a basic income experiment in Kenya. The experiment is being implemented by charity organization GiveDirectly, which is currently running the small pilot project in a few Kenyan villages. When the program lunches fully in a few months, it’ll be the largest UBI experiment […]

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