Tech giants Elon Musk, Sam Altman push universal basic income concept

Tech giants Elon Musk, Sam Altman push universal basic income concept

Sam Altman, the president of Y Combinator, is seen in Mountain View in April 2014. (Patrick Tehan/Bay Area News Group file) Congressional candidate Ro Khanna addresses supporters in Santa Clara in June 2016. (Patrick Tehan/Bay Area News Group file) With an impending robot revolution expected to leave a trail of unemployment in its wake, some Silicon Valley tech leaders think they have a remedy to a future with fewer jobs — free money for all.

It’s called universal basic income, a radical concept that’s picking up steam as a way to provide all Americans with a minimum level of economic […]

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