Founders Flash: Tech Leaders Push for a Universal Basic Income

The Flash is always up to date on the most recent Silicon Valley happenings, and was fascinated to learn this week that the Valley’s most innovative entrepreneurs and investors overwhelmingly endorse instituting a universal basic income (UBI). Leaders such as VC Marc Andreessen and web guru Tim O’Reilly each recently expressed support for what they consider to be a “social vaccine,” and on May 31 well-known incubator Y Combinator announced it will be conducting a basic income experiment with a pilot study of 100 families in Oakland, CA.

Read more about the conception of UBI, and how it could affect the global business landscape. This and more in Founders Flash!

 
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