Recode Decode: Why do some in the tech community support universal basic income?

Recode Decode: Why do some in the tech community support universal basic income?

By The Verge

Journalist Annie Lowrey talks with Recode's Kara Swisher about her new book, "Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World." Lowrey says there's ample evidence from countries like India, Brazil and Mexico that giving a small amount of cash directly to poor people can make their lives better without discouraging them from getting a job. She explains that some early experiments in the U.S., including one being run by startup incubator Y Combinator, are motivated by a fear that artificial intelligence and other new technologies will make the world better — at the expense of everyone's happiness and job stability. Lowrey explains why a national universal basic income is unlikely to happen anytime soon in America, and why rich people are usually wrong when they claim they get no assistance from the government. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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