A Universal Basic Income For When the Robots Come

A Universal Basic Income For When the Robots Come

[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 virtual 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 Gabe Alpert wrote in Barron’s Next last week, has been a focus of Facebook ‘s ( FB ) Mark Zuckerberg .]

Over the next several decades, human labor will be augmented then replaced by robots.

We already have robots that […]

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