Sam Altman proposes basic income as GDP ‘profit-sharing’

Sam Altman proposes basic income as GDP ‘profit-sharing’

Drew
Angerer/Getty Images Y Combinator President Sam Altman proposed structuring
basic income similar to profit-sharing, but for the
GDP.
The idea of basic income has exploded in popularity over the last couple years. Altman has taken a keen interest in the system and is running a pilot study in Oakland, California, ahead of a larger trial. Sam Altman, the president of Silicon Valley’s most prestigious startup accelerator, Y Combinator, is one of the leading voices in Silicon Valley calling for a radical economic idea called basic income.The idea is meant to lift people from poverty by […]

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