Name: YCombinator is doing Universal Basic Income Experiment in U.S
Uploaded: 2017-12-19T08:44:24.000Z
Duration: 1 min 22 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

The Silicon Valley technology startup-incubator YCombinator has announced its plan to roll

out its initial cash handout trial for studying about Universal Basic Income.

Several tech billionaires including Mark Zuckerberg and Elon Musk are supporting the universal

basic income to tackle poverty as they believe automation by Artificial Intelligence will

create mass unemployment problem in near future.

YCombinator and their partners tentatively plan to randomly select 3,000 individuals

across two US states to participate in the study: 1,000 people will receive $1,000 per

month for up to 5 years, and 2,000 people will receive $50 per month and serve as a

They are working with government agencies to access administrative data for consenting

They will also conduct extensive surveys with participants at the start and end of the project.

They just wrapped up a one-year feasibility study in Oakland.

They conducted the feasibility study to learn what challenges they would face when seeking

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YCombinator is doing Universal Basic Income Experiment in U.S

access

tackle

poverty

artificial