7 years ago
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One of the biggest VC's in Silicon Valley explains how basic income could fail in America
Y Combinator President Sam Altman says Americans' love affair with work could get in the way of basic income making people any happier.
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It will start out at 2k, then you'll need to keep increasing it to keep up with inflation. It is not sustainable unless society as it is organized and operated today changes, fundamentally outdating the concept of money, wealth and the power that comes from those.
What's with the downvote?
I don’t know, but if I had to guess I’d say someone really, really wants their free money and sees this article as a clear and present danger to that free money.