Richard Branson Says He Supports Universal Basic Income, Robots Taking Jobs

Richard Branson Says He Supports Universal Basic Income, Robots Taking Jobs

Virgin Group founder Richard Branson warns about tech taking over jobs and points to a solution. Close

Billionaire and Virgin Group founder Richard Branson is the latest businessman to say that universal basic income (UBI) can help people as jobs are lost to automation.

In a post, Branson detailed his experience is Finland, where the country is already experimenting with UBI. Since January, Finland has been paying those who are unemployed €560, part of its two-year experiment on 2,000 Finns aged 25-58. The money, which replaces previous benefits, is paid even if the individual finds a job, in an effort to […]

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