Richard Branson says universal basic income ‘important’ as tech reduces jobs

Richard Branson says universal basic income 'important' as tech reduces jobs

CEO and Founder of Virgin Group Sir Richard Branson speaks at Climate Week NYC event at the Morgan Library and Museum in New York City on September 22, 2014. On August 14, the billionaire came out in favor of universal basic income due to the possibility technology will reduce jobs. Photo by John Angelillo/UPI | License Photo

Aug. 17 (UPI) — Billionaire Sir Richard Branson said in a blog post that universal basic income might be a valid method of dealing with the advent of technology reducing the overall number of jobs for workers.

"A lot of exciting new innovations are […]

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