Silicon Valley is in love with Universal Basic Income. Before anyone writes it off, it’s something people need to seriously consider.
If you haven’t heard about the concept of Universal Basic Income (UBI), maybe you’re missing something especially if you are tired of the debates over entitlement programs. This is an idea that is being embraced by Silicon Valley elites , so it’s not necessarily being taken as seriously as it could or should be. The basic premise is based on redistribution of wealth, but without a massive bureaucracy supporting it.
What UBI boils down to is setting a basic […]