A BOLD PLAN. Y Combinator has an ambitious plan to test universal basic income. But it’s having trouble following through, which could be a sign that the general public just isn’t ready to get behind the idea of giving people “free” money.
Back in January 2016, the startup incubator’s president Sam Altman announced via blog post the company’s intention to fund a trial of basic income, a system in which everyone in a society receives a certain amount of guaranteed money with no strings attached.
Later that year, Y Combinator launched a feasibility study , giving a few dozen people in […]
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