universal basic income
noun1
A form of social security, whereby all citizens or qualified residents, receive a sum of money on a regular schedule unconditionally.
- Silicon Valley has, paradoxically, become one of the most vocal proponents of universal basic income (UBI). […] UBI becomes a consolation prize for those whose lives are disrupted.2016 June 22, Jathan Sadowski, “Why Silicon Valley is embracing universal basic income”, in The Guardian:
- We should explore ideas like universal basic income to give everyone a cushion to try new things.2017 May 25, Mark Zuckerberg, “Mark Zuckerberg’s Commencement address at Harvard”, in The Harvard Gazette:
1 more example
- Also known as Universal Basic Income, this sunny concept holds that a robot-driven economy may someday produce an unlimited bounty of cool stuff while simultaneously releasing us from the drudgery of old-fashioned labor, leaving our government-funded children to enjoy bountiful lives of leisure as interpretive dancers or practitioners of bee-sting therapy, as touted by Gwyneth Paltrow.2017 December 11, Alex Williams, “Will Robots Take Our Children’s Jobs?”, in The New York Times, →ISSN:
- Derived terms
- UBI
- Related terms
- basic income, guaranteed basic income, income
- Hypernyms
- basic income, income
- Coordinate terms
- basic income, dole, guaranteed basic income, income, old age security, pension, social insurance, social security, welfare, worker's comp, worker's compensation, workman's comp, workman's compensation