A Universal Basic Income For When the Robots Come

A Universal Basic Income For When the Robots Come

Doug Clinton is managing partner with venture capital firm Loup Ventures. [Editor’s note: Doug Clinton, for nine years an analyst with Piper Jaffray, recently departed the firm to help found Loup Ventures, a venture capital outfit focusing on technologies such as vertical and augmented reality and artificial intelligence, along with his colleague Gene Munster. Today he offers up a viewpoint on a "universal basic income," a topic that, as my Gabe Alpert wrote in Barron’s Next last week, has been a focus of Facebook’s Mark Zuckerberg.]

Over the next several decades, human labor will be augmented then replaced […]

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