universal basic income en · NOUN
Meanings
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A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.
Also known as Universal Basic Income, this sunny concept holds that a robot-driven economy may someday produce an unlimited bounty of cool stuff while simultaneously releasing us from the drudgery of old-fashioned labor, leaving our government-funded children to enjoy bountiful lives of leisure as interpretive dancers or practitioners of bee-sting therapy, as touted by Gwyneth Paltrow.
2017 December 11, Alex Williams, “Will Robots Take Our Children’s Jobs?”, in The New York Times, →ISSN:We should explore ideas like universal basic income to give everyone a cushion to try new things.
2017 May 25, Mark Zuckerberg, “Mark Zuckerberg’s Commencement address at Harvard”, in The Harvard Gazette:Silicon Valley has, paradoxically, become one of the most vocal proponents of universal basic income (UBI). […] UBI becomes a consolation prize for those whose lives are disrupted.
2016 June 22, Jathan Sadowski, “Why Silicon Valley is embracing universal basic income”, in The Guardian:
Coordinates
dole · worker's compensation · basic income · workman's comp · worker's comp · workman's compensation · guaranteed basic income · social security · social insurance · welfare · old age security · income · pension
Deriveds
Hypernyms
Relateds
guaranteed basic income · basic income · income