Y Combinator Is Expanding Its Basic Income Project

Y Combinator Is Expanding Its Basic Income Project

Photo credit: Paul Miller, CC BY 2.0. Last year, I wrote about startup incubator Y Combinator launching a plan to distribute basic income to people in Oakland, California. They were going to give people no-strings-attached cash and then see if they started volunteering, becoming creators instead of employees, etc.

My biggest concern? They weren’t going to give people enough money. I don’t know how much income Y Combinator is planning to distribute, but it may be an income that still requires people to keep that job they hate, live in a dumpy apartment, etc. It takes a lot of income […]

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