Technology entrepreneur Elon Musk has given his backing to Democratic presidential candidate Andrew Yang and reaffirmed his support of universal basic income – a key policy of Yang’s.
Yang, founder of nonprofit Venture for America, has positioned himself as a candidate who wants to focus on tackling the potential job losses caused by artificial intelligence (AI). He plans to do so with a universal basic income (UBI) model, which he has rebranded as a “freedom dividend”.
This would see all US citizens between the ages of 18 and 65 receive a monthly payment of $1,000, regardless of their level of income […]
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