Tech CEOs back basic income as AI job losses threaten industry backlash

Tech CEOs back basic income as AI job losses threaten industry backlash

Standing is also a co-founder of the Basic Income Earth Network (BIEN), a non-governmental organisation that promotes the policy. He is currently advising Y Combinator, a large U.S. start-up accelerator, on its basic income experiment . The firm is looking into a basic income experiment in Oakland.

How a basic income project might work in the future is unclear and the technology industry is still not sure. One idea is for governments to pay everyone a monthly sum. Experts say it will not disincentivize workers because it will provide a bare minimum of living. Instead, workers will still want to […]

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