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by Hydraulix989 3474 days ago
I'm not sure what there is to update. I'm guessing they chose some "interesting" people (as in whose outcomes will most likely to advance their agenda), and doled out a monthly "income" for them -- as in, they literally handed them cash for 6 months (personally, I would've just kept on working full-time). Nothing magical to report back on there, right?

This doesn't really show the economic effects of "basic income" on a macro scale though (I claim that they are so drastic that they are actually worth understanding first, but can't personally think of a better "experimentation platform"). Also, I doubt the project will really do much to actually influence public policy in a way that would favor UBI.

It's also probably shocking to a lot of people that Uber's self-driving cars really weren't as good as they were supposed to be, so now it makes YC look like they _really_ just jumped the gun.

Call it "Basic Income," but really, it's "giving money to people" on a small scale.