Mark Zuckerberg supports universal basic income. What is it?

Mark Zuckerberg supports universal basic income. What is it?

NEW YORK (CNNMoney) – Facebook founder and CEO Mark Zuckerberg supports an idea called universal basic income. “We should explore ideas like universal basic income to make sure that everyone has a cushion to try new ideas,” Zuckerberg said at his Harvard commencement address Thursday.

So, what exactly is it?

It’s a concept that’s getting a lot of attention, especially in Silicon Valley. A country that has universal basic income guarantees every person a set minimum income regardless of criteria — age, wealth, job status, hometown, family size, etc.That means everyone gets a paycheck, whether they have a job or not.However, […]

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