The idea of universal basic income is popular in Silicon Valley because it’s seen as a potential solution to job losses in the age of automation.
Phonlamaiphoto / Getty Images / Caroline O’Donovan The idea of basic income — in which the government gives all citizens a small monthly stipend — has grown popular in tech circles, not in the least because it’s seen as a possible solution to the looming problem of robots, artificial intelligence, and automation taking jobs away from human workers.
But when Stockton, California Mayor Michael Tubbs spoke at Cash Conference, a pro-basic income event […]
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