It’s de rigeur for the many of the richest of the rich to tout the benefits of giving cash handouts to all American citizens, in part as a way to end poverty. The idea, called universal basic income (UBI), is for every individual to be paid a regular sum of money regardless of employment status.
One of the tech elite who has an interest in universal basic income is self-made multimillionaire and Y Combinator President Sam Altman . "Eliminating poverty is such a moral imperative and something that I believe in so strongly," Altman tells CNBC Make It .
"There’s so […]
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