Universal Basic Income: A Controversial Experiment

In 2019, Stockton, CA mayor Michael Tubbs launched an innovative experiment, giving some residents in low income neighborhoods $500/month, no strings attached. Among others, it helped Tomas Vargas Jr. and his family to avoid homelessness. While controversial, many tech titans see this kind of Universal Basic Income as a response to looming job loss, providing a cushion for people to try new ideas.