The Farabi (2020) Feneo Original Web Seriesidea of a universal basic income has found growing support in Silicon Valley as robots threaten to radically change the nature of work.
Ebay founder Pierre Omidyar is the latest tech bigwig to get behind the concept. His philanthropic investment firm, the Omidyar Network, announced Wednesday that it will give nearly half a million dollars to a group testing the policy in Kenya.
SEE ALSO: Could 2017 be the year people take universal basic income seriously?Universal basic income is the notion that a government should guarantee every citizen a yearly sum of money, no strings attached. The thinking is that such a program would relieve economic stress as automation technology severely reduces the demand for labor.
Theories along these lines have existed for centuries, but their proponents have never had much luck convincing governments to give them a shot. Thus, the only data on real-world effects come from a few scattered experiments throughout the years.
GiveDirectly is looking to add to that knowledge with one of the biggest trials of a basic income system in history.
The group recently launched a 12-year pilot program in which it plans to give 6,000 Kenyans regular stipends for the entire duration. Around 20,000 more will receive at least some form of cash transfer.
The Omidyar Network is hoping the study will help advance the debate around basic income from broad theoretical terms to more practical considerations.
"While the discussion has generated a lot of heat, it hasn’t produced very much light," wrote the Omidyar Network's Mike Kubzansky and Tracy Williams in a blog post announcing the pledge. "There is very little research and empirical evidence on how and when UBI could best be used."
Omidyar isn't the only tech mogul backing efforts to take the theory from paper to practice.
Startup incubator Y-Combinator is in the midst of one such study in the Bay Area, and its president, Sam Altman, and Facebook co-founder Chris Hughes have kicked $10 million towards another research project.
A number of other tests have also cropped up in recent months as universal basic income finds more mainstream acceptance.
Google Pixel Buds Pro 2: $40 off at Amazon
Meta brings Horizon Worlds to mobile and desktop
Interviewing Philip Levine: A Remembrance
How to create an "Add yours" story on Instagram
The State of 5G: When It's Coming, How Fast It Will Be & The Sci
In Chekhov‘s 200
Best blender deal: Get a Vitamix Propel Series 750 blender for $230 off
We’re All Sick of Talking About the Weather. And Yet...
Character AI reveals AvatarFX, a new AI video generator
Apple's satellite SOS expands to offer AAA roadside assistance
I'm a college professor. My advice to young people who feel hooked on tech
6 features iPhone 15 stole from Pixel 7
“Readers Make Their Mark”: Marginalia Collected
The Red Carpet: Last Bastion of Psychiatry
Things Intel Needs to Fix
“The Verb to Be,“ a Poem by André Breton
The 1933 Novel That Scandalized Denmark
How a New Movie Sparked a Confused Quest for the Iliad
Barcelona Open 2025 livestream: Watch live tennis for free
TikTok users are home for the holidays
Twitter has a grand old time with Trump's unfinished sentenceYes, your boss can read your Gmail drafts (and that's not all)California’s climate dystopia comes true with PG&E power blackoutsBathwater entrepreneur Belle Delphine claims she was arrested7 gift subscriptions that give backCalifornia just scored a major privacy win against facialTrump starring in weird ads for socks and pizza? Feels like a long time ago.Of course Amazon workers are looking at Cloud Cam footageSomeone's giving away copies of '1984' and urging people to 'fight back'The internet is desperately trying to reunite this lost teddy bear with its owner'Nancy Drew' is a pile of mediocrity with one chance at redemption (Review)'Nancy Drew' is a pile of mediocrity with one chance at redemption (Review)Why you should lie in your passwordTed Cruz congratulated a woman on having multiple sclerosis. Seriously.Penzeys Spices spent so much on impeachment ads on FacebookInstagram deserves more scrutiny after Russian troll farm investigationThis World Market coupon code scores you 30% off through Oct. 14Trump starring in weird ads for socks and pizza? Feels like a long time ago.Instagram deserves more scrutiny after Russian troll farm investigationCoinbase (finally) launches mobile app for pro traders Microsoft: USB Ariana Grande shares heartbreaking message on social media after tragic concert Microsoft unveils a Surface Pro 4 successor, and it’s not the Pro 5 How a university campus is using facial recognition to keep its dorms safe Apple and Nokia are friends again Coach is bringing '70s space vibes with new NASA Your 'Star Wars' boyfriends are on the cover of 'Vanity Fair' New 'Game of Thrones' photo points to Arya moving north 'Spider Blizzard reveals a semi 'Overwatch' introduces dancing emotes and new maps 'Baywatch' drowns in bad reviews The internet can't stop joking about Denzel Washington's new look People are pretending to have 'missing friends' after the Manchester attack How a YouTube tech reviewer became the face of fidget spinners at 7 Magical soccer field in the middle of nowhere looks straight out of 'Jurassic Park' Diana does the heavy lifting in powerful 'Wonder Woman' poster Blind Nintendo fan receives a thoughtful response to his touching letter Activists staged a 'big gay wedding' outside parliament to protest same Autonomous robot security guard has a built
1.7333s , 10108.6328125 kb
Copyright © 2025 Powered by 【Farabi (2020) Feneo Original Web Series】,Creation Information Network