Why do some in the tech community support universal basic income? They’re ‘terrified’ about the future.

Why do some in the tech community support universal basic income? They’re ‘terrified’ about the future.

Giving cash directly to poor people has been shown to alleviate poverty in countries like Brazil, Mexico and India. And now, techies like Facebook co-founder Chris Hughes and startup incubator Y Combinator are beginning to advocate for similar policies in the U.S.

Often lumped under the label of “universal basic income,” but not always universal in fact, these policies would give everyone (or everyone under a certain income level) enough money to stay above the poverty line, but not so much that they would be able to stop working. On the latest episode of Recode Decode, hosted by Kara Swisher […]

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