Basic Income
topic on 3 shows · 4 statements across 3 episodes
the Y Combinator Startup Podcast
More or Less
Top Founders
4 statements about Basic Income, every show
Compensating displaced workers via UBI will just make them sadder
“As I've shot my mouth off a lot online, the problem is not basic income. The problem is meaning, right? You can't just, like, pay people and make them happy. They'll just be sadder.”
Santens: A $1,000 UBI from 1971 indexed to GDP per capita would be $2,300 today
“If we had introduced a thousand dollar a month basic income, no under Nixon in the 71, then right now that would be close to, you know, I think it would be like 2300 dollars a month, somewhere around there right now. That was index GDP per capita.”