In Silicon Valley, some of the brightest minds believe a universal basic income (UBI) that guarantees people unrestricted cash payments will help them to survive and thrive as advanced technologies eliminate more careers as we know them, from white collar and creative jobs — lawyers, journalists, artists, software engineers — to labor roles . The idea has gained enough traction that dozens of guaranteed income programs have been started in U.S. cities since 2020.
Yet even Sam Altman, the CEO of OpenAI and one of the highest-profile proponents of UBI, doesn’t believe that it’s a complete solution. As he said […]
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