I have a friend, @PeterDiamandis, who says that “the day before something is truly a breakthrough, it's a crazy idea.” And crazy ideas are very risky to attempt. But here's one crazy idea that may be worth attempting now: Universal Basic Income. #velshi #UBI
#UBI is a big idea & there are many versions of it, but it goes something like this: every citizen, regardless of employment status, gets a modest income from the state, no strings attached. It allows them to live ABOVE the poverty line w/o the bureaucracy of means-testing.
In 29 states, truck driving is the most common job, yet we are in overdrive to eliminate those jobs with self-driving vehicles. Even iPhone maker Foxconn is replacing its workers with robots. More people enter the workforce every year, but more jobs, ultimately, won't.
Universal Basic Income has its critics & its detractors: mostly those who say it will cost too much, promote unemployment or worse, laziness & that it's unsustainable. But consider it this way: if #UBI could happen at NO additional cost to you, would you support the idea?