In order to combat poverty and increasing automation of labor, experts in technology and policy came together at the Basic Income Createathon. Participants divided into groups to develop proposals for a Basic Income Guarantee (BIG).
One group proposed a Group Income scheme, or a “voluntary automated decentralized income transfer.” This would allow a group of individuals to automatically share their income to ensure everyone received at least a basic amount of money.
One group created a website, bettertaxes.org, to illustrate how much money is spent by the U.S. government and how much would be required to implement a basic income of $1,000 USD per month.
Jon Evans, ‘Money For Nothing For Everyone’, Tech Crunch, November 22, 2015.
