A universal basic income is paid to all, regardless of wealth or employment status. Interest in universal basic income has grown due to the pandemic, Elon Musk, Sam Altman, and economic pain.
A common question about the concept is how people spend the cash.
Experts and initial trials suggest UBI is mostly spent on essentials like food and housing. Interest in a universal basic income (UBI) is only intensifying as the pandemic and other crises reveal the shortcomings of emergency aid programs, the likes of Elon Musk and Sam Altman warn AI will make human workers obsolete, and a […]
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