Silicon Valley CEO's Come out in favor of Universal Basic Income
February 23, 2017
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12:40Now PlayingSilicon Valley CEO's Come out in favor of Universal Basic Income
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"Over the past few months, major technology executives have come out in support of a UBI.
In an interview with CNBC in November, Tesla Chief Executive Elon Musk backed the idea.
"There is a pretty good chance we end up with a universal basic income, or something like that, due to automation," Musk said. He reiterated his thoughts last week at the World Government Summit in Dubai, in which he said a UBI would be "necessary".
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