If you were given $1,000 a month, would you change your lifestyle?
Silicon Valley incubator Y Combinator (hereinafter referred to as “YC”) is preparing to launch a research project next year on Universal Basic Income, or “UBI”, to pay an unconditional monthly subsidy to 3,000 participants,
One of the objectives of this project called “Making Ends Meet” is to observe what kind of life they will show when the public no longer has to worry about unemployment and loss of income due to automation
The 3,000 people participating in the project will be divided into two groups, of which 1,000 people will receive a monthly subsidy of US $1,000 from YC, while the remaining 2,000 people will be only $50/month, the latter is the control experimental group.
YC had already proposed to study “UBI” as early as 2016. YC CEO Sam Altman wrote in the official blog at the time :
Unlike general government subsidies, UBI advocates unconditionally providing subsidies to residents without setting specific job requirements or group choices (that is, ideally, the rich will also receive this subsidy).
However, after more than two years, YC is only now advancing the project. YC stated that it was because the previous pilot project in Oakland, California, took much longer than expected and slowed down the entire project.
Project Director Elizabeth Rhodes told Wired that they had to communicate with the California government and the tax bureau to ensure that participants would not lose their original subsidies.
At present, the YC project is still in communication with individuals, foundations, and local charitable organizations to raise funds, and the project will not be officially launched until the funds are determined.
Why do technology companies support Universal Basic Income? Lifestyle
This is not the first “UBI” experimental project. lifestyle
Last week, Stockton, California released a detailed report stating that they would randomly select 100 low-income households (the list of winners announced in November) and pay them $500/month in subsidies over 18 months.
The project is funded by the non-profit organization The Economic Security Project, which is composed of Facebook co-founder Chris Hughes and other technology practitioners. Also, the big brothers of technology companies such as Mark Zuckerberg and Elon Musk have publicly supported UBI. lifestyle
At the same time, the Los Angeles Times wrote an article alleging that the investment of technology companies in UBI is not for the “public welfare” people imagine, but for their interests.
In any case, Altman said he remains optimistic about the project as he was in 2016. He believes that when people no longer need to worry about their livelihoods, they will have an incentive to create: lifestyle
If you unconditionally give you a fee to meet the needs of daily life, what kind of life would you choose?
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