universal basic income

universal basic income

1. A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.

   Synonyms: UBI, basic income

   • 2016 June 22, Jathan Sadowski, “Why Silicon Valley is embracing universal basic income”, in The Guardian‎^[1]:

     Silicon Valley has, paradoxically, become one of the most vocal proponents of universal basic income (UBI). […] UBI becomes a consolation prize for those whose lives are disrupted.

   • 2017 May 25, Mark Zuckerberg, “Mark Zuckerberg’s Commencement address at Harvard”, in The Harvard Gazette‎^[2]:

     We should explore ideas like universal basic income to give everyone a cushion to try new things.

   • 2017 December 11, Alex Williams, “Will Robots Take Our Children’s Jobs?”, in The New York Times‎^[3], →ISSN:

     Also known as Universal Basic Income, this sunny concept holds that a robot-driven economy may someday produce an unlimited bounty of cool stuff while simultaneously releasing us from the drudgery of old-fashioned labor, leaving our government-funded children to enjoy bountiful lives of leisure as interpretive dancers or practitioners of bee-sting therapy, as touted by Gwyneth Paltrow.

• universal basic income on Wikipedia.Wikipedia