Andrew Yang Proposes a Local Currency, Sees Growing Support for Universal Basic Income

In March Andrew Yang’s nonprofit gave $1,000 one-time grants to a thousand residents in the Bronx. This week a new article in the New Yorker asks one of those grant recipients how they feel about Yang’s newest proposal as he runs to be New York’s mayor: to give the city’s public-housing residents billions of dollars in a “Borough Bucks” currency that…

Andrew Yang Takes Lead Role In California Data Privacy Campaign

Former presidential candidate Andrew Yang is throwing his weight behind California’s November data privacy ballot measure — not just endorsing the initiative but chairing its advisory board, the Proposition 24 campaign announced Monday. Politico reports: Yang’s involvement could bring more visibility and cachet to the effort, given the tech entrepreneur’s national profile and popularity among younger voters. It could also help…

After 48 Years, Democrats Endorse Nuclear Energy In Platform

It took five decades, but the Democratic Party has finally changed its stance on nuclear energy. In its recently released party platform, the Democrats say they favor a “technology-neutral” approach that includes “all zero-carbon technologies, including hydroelectric power, geothermal, existing and advanced nuclear, and carbon capture and storage.” Robert Bryce writes via Forbes: That statement marks the first time since 1972…

Andrew Yang is Pushing Big Tech To Pay Users For Data

Andrew Yang wants people to get paid for the data they create on big tech platforms like Facebook and Google, and with a new project launching on Monday, he believes he can make it happen. From a report: Yang’s Data Dividend Project is a new program tasked with establishing data-as-property rights under privacy laws like the California Consumer Privacy Act (CCPA)…

Jack Dorsey’s Radical Experiment for Billionaires to Give Away Their Money

With a net worth of $5 billion, Jack Dorsey is the world’s 410th-wealthiest person, reports Recode, and “has now kick-started one of the most radical experiments in this era of historic income inequality — whether it is possible to quickly give away more than $1 billion of his money, and to do it effectively.”
Dorsey said this April that he would give…

Jack Dorsey Tells Andrew Yang: ‘AI is Coming For Programming Jobs’

An anonymous reader quotes CNBC:
The rise of artificial intelligence will make even software engineers less sought after. That’s because artificial intelligence will soon write its own software, according to Jack Dorsey, the tech billionaire boss of Twitter and Square. And that’s going to put some beginning-level software engineers in a tough spot. “We talk a lot about the self-driving trucks in…

Jack Dorsey Is Giving Andrew Yang $5 Million To Build the Case for Universal Basic Income

Jack Dorsey, the chief executive of Twitter and mobile-payments firm Square, said today he is giving $5 million to Humanity Forward, a group launched by former Democratic presidential candidate Andrew Yang to build the case for a universal basic income. A report adds: The donation is part of Dorsey’s Start Small LLC, a $1 billion foundation he launched last month to…

Andrew Yang’s Nonprofit Helps Fund Five-Year, $500-a-Month Basic Income Experiment

Working with the city of Hudson, New York and a local career center, Andrew Yang’s nonprofit, Humanity Forward will be giving 20 people a basic income of $500 a month for five years, in a collaboration called HudsonUP. Business Insider reports:
A spokesperson for HudsonUP said the 20 residents will be selected later in 2020, likely in the fall, and will begin…

House Speaker Nancy Pelosi Says ‘Guaranteed Income’ Is Worth Considering For Coronavirus Recovery

DevNull127 shares a report from CBS News: House Speaker Nancy Pelosi said Monday that Congress might want to consider a guaranteed minimum income for Americans as part of the economic recovery from the coronavirus crisis. Her comments are the latest sign that Democratic lawmakers are seriously considering an idea that gained traction during the party’s primary, thanks to the candidacy of…

The Pope Suggests Considering a Universal Basic Wage

U.S. News and World Report notes a big surprise in the Easter Sunday letter from the pope:
Pope Francis on Sunday advocated for a form of universal basic income that would “dignify the noble, essential tasks” carried out by street vendors, small farmers, construction workers and caregivers around the world… In a letter written from Vatican City on Sunday, the head of…