Mark Zuckerberg Calls for Universal Basic Income in His Harvard Commencement Speech (fortune.com)

Facebook CEO Mark Zuckerberg has become the latest major tech figure to call for universal basic income as a solution for inequality, joining a growing chorus from Silicon Valley. From a report: "Every generation expands its definition of equality. Now it's time for our generation to define a new social contract," Zuckerberg said during his commencement speech at Harvard University. "We should have a society that measures progress not by economic metrics like GDP but by how many of us have a role we find meaningful. We should explore ideas like universal basic income to give everyone a cushion to try new things," he said. Zuckerberg told the class of 2017 that he was able to pursue his passion in Facebook because he knew he had a safety net to fall back on.

Comments

He's worth $63 billion

[LynnwoodRooster]

Perhaps he can take $60 billion of that and fund 10 million people with a $6,000 UBI all by himself? He'd still have that massive $3 billion to live on and feel guilty about...