A major player in Silicon Valley has rolled out an ambitious trial of basic income . Y Combinator, the start-up accelerator responsible for developing companies like Dropbox, Ainrbnb, Reddit and Stripe among many others, will give out cash to 3,000 people across two U.S. states for a period of up to five years.
The incubator has previously piloted a study in Oakland, California to see the effects of giving out universal basic income (UBI) regardless of employment status. This idea has been growing in popularity among Silicon Valley figureheads like Mark Zuckerberg and championed by Elon Musk as a way […]
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