An old idea – giving every resident of a country a set amount of money every month with no strings attached – became a hot item in Silicon Valley and on the 2020 campaign trail. Could it alleviate the impending job loss coming from automation?
Josh and Chuck dive into universal basic income, exploring what it is, why tech billionaires and economists across the political spectrum are championing it, and what the real-world research shows about whether people would actually stop working if they received guaranteed monthly payments. They tackle everything from Andrew Yang's "Freedom Dividend" to the various ways it could be funded, from value-added taxes to robot taxes, while weighing both the idealistic potential and the legitimate concerns that come with such a radical economic shift.
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