The basic income debate

There are those who believe basic income is the way of the future, a foregone conclusion.

In the future, factories will need just one worker and a dog. The dog would guard the machines and the worker will feed the dog. This is no joke. It may be a little exaggerated, but nevertheless it is the sad eventuality of the fourth industrial revolution.

This got billionaire venture capitalist and president of Y Combinator, Sam Altman, to thinking. And so the start-up accelerator launched a campaign for a private enterprise — an offering of universal basic income.From August, the company began […]

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