Biden rejects Silicon Valley calls for universal basic income, ‘no strings attached’ cash

Biden rejects Silicon Valley calls for universal basic income, ‘no strings attached’ cash

Former Vice President Joe Biden says tech titans like Facebook’s Mark Zuckerberg and Tesla CEO Elon Musk are fundamentally misunderstanding the importance of work by calling for a “universal basic income.”

A blog posted published by the University of Delaware’s Biden Institute on Monday unveiled a “worker first” initiative that rejects “no strings attached” policies prompted by influential billionaires while also fueling speculation about a possible 2020 U.S. presidential run by the former vice president.

“Economic transformations due to rapid advances in technology have created not only significant anxiety but also a legitimate debate about whether there will be sufficient jobs […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.