Universal fundamental earnings acquired its first endorsement this week from a 2020 presidential candidate (until you consider the hypothesis that Mark Zuckerberg goes to run for president). In this week’s Beyond VB section, I included a hyperlink to a New York Times profile of Andrew Yang, the founding father of Venture for America who’s betting a long-shot presidential bid on advocating for common fundamental earnings.

Yang tells the Times that he would model common fundamental earnings as a $1,000 “freedom dividend” that will be given to each American from age 18 to 64.

According to Yang, the liberty dividend is critical to arrange for the continual automation of jobs. He advised The Times, “I consider that common fundamental earnings is critical for capitalism to proceed.”

I’m skeptical that Yang can get the required traction for common fundamental earnings by a presidential bid that isn’t more likely to be intently watched past these within the tech world. I favor introducing most people to common fundamental earnings by smaller pilot research, like those being run by Y Combinator and the town of Stockton, California. It seems, although, that Yang would possibly really feel automation is simply too pressing of a menace to delay the broader introduction of common fundamental earnings.

How do you suppose common fundamental earnings can or will get extra traction because the 2020 presidential election approaches? Send me your ideas through e mail, and remember to bookmark our Heartland Tech Channel.

Thanks for studying,

Anna Hensel
Heartland Tech Reporter

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This article sources info from VentureBeat