universal basic income

also referred to as: ubi

12 statements across 9 episodes · 7 bullish · 2 bearish · 8 people on the record · first statement May 25, 2016 by Sam Lessin · across every show →

Everything said about universal basic income, oldest first

May 25, 2016 positive
Prediction Not checkable as stated
Lessin: Universal Basic Income is inevitable
“I don't actually know what Tim Draper's view is on it, but I think there's no possible way that it won't happen.”
Sam Lessin May 25, 2016 ▶ 23:16 20VC: Sam Lessin on Why Bots Will Change Business & The Internet Has Mostly Failed
Jul 11, 2016 positive
Insight
Wenger: Universal Basic Income is essential to unlock future economic innovation
“The basic income, which is the idea of everybody getting enough money to be able to cover basic needs such as food, clothing, shelter I believe is what's necessary to make people free economic actors in the labor market, and I think that's essential for innova…”
Albert Wenger Jul 11, 2016 ▶ 15:32 20VC: USV's Albert Wenger on Automation Replacing Humans, The Universal Basic Income and The Instalment & The Deployment Phase
Jul 11, 2016 positive
Insight
Wenger: UBI raises manual labor costs and forces automation of dirty jobs
“And one of the criticisms that people raise is, well, who will do these sort of dirty jobs? And I think the answer to that is it means that the price that has to get paid for somebody to say clean bathrooms will go up. And that's a good thing because when the …”
Albert Wenger Jul 11, 2016 ▶ 17:27 20VC: USV's Albert Wenger on Automation Replacing Humans, The Universal Basic Income and The Instalment & The Deployment Phase
Jul 11, 2016 neutral
Insight
Wenger: Cultural and intellectual inertia is the biggest barrier to UBI
“I think the biggest challenge to getting to basic income is purely a intellectual and cultural challenge that has to do with Having constructed a system for over a hundred years or so, or several generations that, you know, has a specific perception of how the…”
Albert Wenger Jul 11, 2016 ▶ 17:55 20VC: USV's Albert Wenger on Automation Replacing Humans, The Universal Basic Income and The Instalment & The Deployment Phase
Mar 24, 2017 positive
Insight
Universal basic income enables Nordic startup founders to aim bigger
“If you have universal basic income, the things you tend to strive for tend to be bigger. That's actually a reason that a lot of the startups coming out of the Nordics are aiming big, which is we don't need to aim small.”
Christian Lanng Mar 24, 2017 ▶ 8:37 20VC: How To Raise $200m In Any Economic Climate, Scale From Garage To Global In Record Time & The Biggest Startup You Have Not Heard About with Christian Lanng, Founder & CEO @ Tradeshift
Nov 19, 2020 positive
Prediction Not checkable as stated
Ohanian: Universal basic income is necessary to prevent existential democratic threats
“I do think things like universal basic income and whatnot are going to have to come up more and more in this conversation because well, okay, it's an existential threat to our democracy.”
Alexis Ohanian Nov 19, 2020 ▶ 17:26 20VC: Alexis Ohanian on Why Now Was The Right Time To Start Seven Seven Six, The 2 Very Distinct Types of Deals In Venture & The Unbundling of Social in 2021
Jan 23, 2023 positive
Disclosure
Albert Wenger funds universal basic income trial in Hudson, New York
“And Susan, my wife and I have been long-term advocates for universal basic income. We are funding a universal basic income trial in the city of Hudson in the state of New York. And we've contributed to other universal basic income campaigns and trials.”
Albert Wenger Jan 23, 2023 ▶ 6:51 Albert Wenger: Elon & Twitter; Impact of SBF; Income Inequality; Will they ban TikTok? | 20VC #969 · 20VC with Harry Stebbings
Apr 14, 2025 negative
Opinion
Stebbings: UBI destroys purpose and drives human addiction and vice
“I don't buy UBI, by the way. I think that is fundamentally lacking. You don't? No, humanity requires purpose. If you remove, if you add UBI, you remove purpose. And people say, oh, we're going to fish and we're going to paint. I promise you that is not how hum…”
Harry Stebbings Apr 14, 2025 ▶ 40:44 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 18, 2025 negative
Prediction Not checkable as stated
Socher: UBI will deprive people of meaning and worsen societal crisis
“I think the problem is that while most people complain about their jobs. It does give them meaning. It does give them meaning to be a valuable part of society and to have earned something that they can then give to their family, to their kids, and so on. And s…”
Richard Socher Apr 18, 2025 ▶ 37:31 20VC: Foundation Models: Who Wins & Who Loses | How Economies and Labour Markets Need to Change in a World of AI | China vs the US in an AI Race: What You Need to Know | Rich Socher, Founder @ You.com
May 19, 2025
Prediction Open · timeframe May 2045
Severin Hacker: AGI and UBI will replace human jobs in 20 years
“I believe that's gonna happen. Again, the big question is, is when is it gonna be? I don't think it's gonna be next five years. It's not going to be, maybe it's going to be next 10 years if you really see a broad adoption of these technologies, more likely may…”
Severin Hacker May 19, 2025 ▶ 18:17 Duolingo Co-Founder, Severin Hacker: How AI Impacts the Future of Work and Education · 20VC with Harry Stebbings
Sep 12, 2026 positive
Prediction Open · timeframe Sep 2031
Franceschetti: Universal basic income will inevitably happen via corporate taxes
“I think it will have to happen, and I think probably as companies will get more efficient and probably they will need less people working for them. Probably they will get taxed more to make sure that we can distribute universal income to everybody.”
Matteo Franceschetti Sep 12, 2026 ▶ 1:09:05 Labour, Engineering, Social Media, GrokBots, Cybercabs: 7 Predictions for How AI Changes the World
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