Universal Basic Income - Do you agree?

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Who agrees (91% of 179 opinions):

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Yanis Varoufakis

Economist, former Greek Minister of Finance

Either we are going to have a basic income that regulates this new society of ours, or we are going to have very substantial social conflicts that get far worse with xenophobia and refugees and migration and so forth. - source
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Tim Berners-Lee

Inventor of the World Wide Web

It is one of the ways of addressing massive global inequality - source
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Andrew Ng

Baidu; Stanford CS faculty; founded Coursera and Google Brain

It would give individuals a safety net and a place from which to acquire new skills... (However) we might not be ready to accept the idea of paying people for "no reason." I advocate instead providing this income in exchange for their studying - source
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Christopher Pissarides

Nobel Prize in Economics

I am very much in favour, as long as we know how to apply it without taking away incentive to work at the lower end of the market - source
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Elon Musk

Founder of SpaceX, cofounder of Tesla, SolarCity & PayPal

I think we'll end up doing universal basic income. It's going to be necessary. - source
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Robert Reich

Former Secretary of Labor

A minimal guarantee with regard to income, it seems to me as almost inevitable in terms the direction that the structural changes of our economy are taking us in.
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Eric Ries

Author of The Lean Startup

Even an extremely modest universal basic income could pay huge dividends
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Enrique Dans

Professor of Innovation at IE Business School and blogger at enriquedans.com

Utopia? Not at all. We need to advance the discussion and make politicians understand that it is the only way forward. And if we don’t move forward, we’re going to end up in a place none of us is going to like. - source
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Sam Altman

President of Y Combinator. Investor at Reddit, Stripe, Change.org, Pinterest and many others

I think it’s good to start studying [basic income] early. I’m fairly confident that at some point in the future, as technology continues to eliminate traditional jobs and massive new wealth gets created, we’re going to see some version of this at a national scale. - source
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Martin Wolf

Chief economics commentator at the Financial Times

We will need to redistribute income and wealth. Such redistribution could take the form of a basic income for every adult, together with funding of education and training at any stage in a person’s life - source
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Charles Murray

Libertarian Political Scientist

It makes it easier for individuals to do the hard work of investing in civil society - source
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Molly Crabapple

Artist

The number one thing that would let more independent artists exists in America is a universal basic income. - source
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Dustin Moskovitz

Co-founder of Facebook

How can we help as many people as possible as much as possible with the resources we have? - source
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Ralph Callebert

History Professor, Virginia Tech

We usually focus on employment and production. Yet, much of the world’s population has no realistic prospects of employment, and we already produce more than what is sustainable. Basic income, however, separates survival from employment or production. - source
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Brian Eno

Artist

The basic income is needed to serve the creative genius of the community (i.e. the ‘scenius’) - source
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Tim O'Reilly

Founder and CEO, O'Reilly Media. Investor. Studied at Harvard University.

- source
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Marc Andreessen

Entrepreneur, investor, and software engineer

- source
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Scott Santens

Writer & Basic Income advocate

The question is not if technology is advanced enough to adopt it. The question is if UBI can advance tech. Basic income is the missing foundation upon which everything else should be built upon.
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Toomas Hendrik Ilves

President of Estonia since 2006

The rapid replacement of jobs by machines/artifical intelligence will lead to the need for a Universal Basic Income. - source
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Archbishop Desmond Tutu

Social Rights Activist Who Fought Apartheid

The basic income movement is designed to enhance the dignity and well-being inclusion of all people and move us closer to our vision of social equity - source
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Martin Ford

Futurist & NY Times bestselling author of #RiseoftheRobots

Basic income can be a solution to inequality and insecurity, not just mass unemployment - source
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Naheed Nenshi

Mayor of Calgary

I am really, really interested if he will bring that to bear in terms of some really significant changes to the taxation system that would really help us manage poverty in a brand new way, - source
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Tim Höttges

CEO of Deutsch Telekom

We have to shield our society. An unconditional simple income can be a basis to lead a decent existence. - source
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Chris Hughes

Facebook co-Founder

I’m supportive of the idea of a basic income over the long term and believe that one day something of this size will likely be necessary to cope with the impact of automation and globalized trade on the United States - source
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Jean-Yves Duclos

Minister of Families, Children and Social Development in Canada

I think it’s the principles behind the idea [of a guaranteed income] that matter. These principles are greater simplicity for the government, greater transparency on the part of families and greater equity for everyone - source
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Anthony Painter

Director of Policy and Strategy at the RSA (Royal Society for the encouragement of Arts)

If you want to incentivise work at every level of income then Basic Income is simply the best system - source
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Darian Shirazi

CEO of Radius

We have a small technological aristocracy and a middle class struggling to catch up with the demands of a more efficient economy. Basic income can bring a baseline and offer freedom to those trapped by our new economy. - source
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Andy Stern

Senior Fellow, Columbia University

Universal basic income is the best idea I have. I appreciate some of its potential shortcomings, but it can work. - source
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Keith Hobbs

Mayor of Thunder Bay, Canada

If you have a basic income, you have a certain degree of self-worth. A set income and a ‘housing first’ strategy would work wonders, - source
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Willem Buiter

Citi's Chief Economist

Use the tax-transfer mechanism (e.g. through a guaranteed minimum income for all, or an ambitious negative income tax, public funding of health care and long-term care etc.) to support those left behind by technological advances. - source
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Who disagrees (9% of 179 opinions):

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Joseph E. Stiglitz

Nobel Prize in Economics

You want your government to think more carefully about targeting programmes that help those in need, rather than universal. That’s a trade-off given the budget constraints on the public sector - source
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Tony Atkinson

Research Fellow at Oxford and Professor at the London School of Economics

I don’t in fact favour a basic income as such, what I favour is what I call a participation income - source
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Bill Gates

Philanthropist. Founder and former CEO of Microsoft.

Even the US isn't rich enough to allow people not to work. Some day we will be but until then things like the Earned Income Tax Credit will help increase the demand for labor. - source
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Vincent Conitzer

Professor of computer science, economics, and philosophy at Duke University

The idea that recent progress in AI will prevent most people from meaningfully contributing to society is nonsense - source
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The Guardian

British national daily newspaper

A regular sum paid to all citizens or residents, whether or not they are in work, will not solve the problems of earnings inequality and stagnant wage growth - source
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Tyler Cowen

Professor of Economics, George Mason University & author of Average is Over

"Let’s send a check to everyone" is an appealing idea, but I've come around to the view that doing so would do more harm than good. [...] It eventually would choke off immigration to the U.S. Voters don't like sending money to immigrants. - source
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Bryan Caplan

GMU econ professor, blogger, author

The Universal Basic Income is indeed worse than the status quo. In fact, all the fundamental criticisms of the welfare state apply with even greater force. - source
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Leonid Bershidsky

Journalist, Bloomberg View Columnist

There probably isn't much danger that Finns will stop working if they get a basic income. The bigger risk is that the government won't be able to pay for it. - source
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Alan Beattie

International Economy Editor, The Financial Times

Shifting [...] to a basic income system is essentially saying that we consider the challenges of disability, old age, parenthood and prohibitive rents less important than administrative simplicity and the inefficiencies associated with means-testing - source
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Luzi Stamm

Member of parliament for the right-wing Swiss People's Party

If you would offer every individual a Swiss amount of money, you would have billions of people who would try to move into Switzerland - source
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Anke Hassel

Academic Director of the Institute of Economic and Social Research (WSI) and Professor of Pub

- source
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Nick Warren

Founder & CEO of MetaSensor

We can’t pay for it - source
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Hugo Berard

PhD student at MILA. Machine Learning, Deep Learning and AI enthusiast

Universal Basic Income looks like a good solution but I think it doesn't address the right problem, being the increasing inequality in our society. AI and robots are sure gonna replace human and made companies save millions of money, of course all those savings are going to turn into profits for the capitalist but why should it be that way ? for me a better solution would be that the money saved will go back to the employees from which the jobs were taken.
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Paul Kirby

Visiting Professor, London School of Economics. Non-Executive Director, Cabinet Office, UK Gov

- source
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Sheshnath Yadav

Computer Science Graduate student at New York University


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