Silicon Valley’s Leading Startup Launches an Experiment In Universal Basic Income

Silicon Valley’s leading startup incubator Y Combinator is going to give free money in an experiment to people and see what happens—as part of planning for a future where robots do most of the jobs. Up to 300 people will get free money as part of a Universal Basic Income. the plan is for hundreds of participants to get repeated cash payments unconditionally. Then, assessors will record life consequences like changes in work patterns, self-employment, artistic endeavors, or idleness. (fastcoexist.com)