Podcast: Decoder with Nilay Patel (LS 67 · TOP 0.05% what is this?)
Episode: Recode Decode: Why do some in the tech community support universal basic income?
Pub date: 2018-07-11

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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.

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