Mark Zuckerberg: Universal Basic Income
on Monday, June 12, 2017Mark Zuckerberg Money Quote saying we should experiment with universal basic income (UBI), at his 2017 Harvard commencement address. Mark Zuckerberg said:
“We should explore ideas like universal basic income to make sure that everyone has a cushion to try new ideas” — Mark Zuckerberg
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Mark Zuckerberg is suggesting that ideas like a universal basic income deserve consideration and exploration. He argues that a basic income could help ensure everyone has some financial security or “cushion” that allows them to take risks by trying new ideas or starting new projects, businesses or creative pursuits.
Zuckerberg seems to view a basic income as a way to give more people the flexibility and means to be innovative and entrepreneurial. So in this quote, he is advocating for studying universal basic income as a policy that may foster greater innovation and idea generation within society.