Universal basic income had a rough 2018
Some of the biggest and most promising experiments were plagued by delays and shutdowns.
by Erin Winick December 27, 2018
Silicon Valley loves the idea of universal basic income. Many in the tech elites tout it as the answer to job losses caused by automation, if only people would give it a chance.
The idea is that all citizens receive a set amount of money from the government to cover food, housing, and clothing, without regard to income or employment status. This minimum stipend can be supplemented with wages from work. Advocates say it will help fight poverty by giving people the flexibility to find work and strengthen their safety net, or that it offers a way to support people who might be negatively affected by automation.
https://www.technologyreview.com/s/612640/universal-basic-income-had-a-rough-2018/
