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Getty Images Y Combinator‘s plan to provide basic income to a group of people for five years has been delayed after a pilot program took longer than expected.

Now, Y Combinator hopes to start its study by mid-2019, and it has partnered with the University of Michigan to oversee the process. 1,000 participants will receive $1,000 a month while the rest will be part of a control group. Participants will receive the monthly payments for either three or five years. In 2016, Y Combinator – the largest startup accelerator in Silicon Valley – […]

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Y Combinator’s plan to provide basic income to a group of people for five years has been delayed after a pilot program took longer than expected.

Now, Y Combinator hopes to start its study by mid-2019, and it has partnered with the University of Michigan to oversee the process.

1,000 participants will receive $1,000 a month while the rest will be part of a control group. Participants will receive the monthly payments for either three or five years. In 2016, Y Combinator – the largest startup accelerator in Silicon Valley – announced that it would […]

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