Twitter Billionaire Jack Dorsey Just Announced He Will Be Funding a Universal Basic Income Experiment That Could Affect up to 7 Million People

Source: Business Insider »

Billionaire Jack Dorsey, the cofounder of Twitter, is spending millions to experiment with universal basic income.

Dorsey’s experiment is part of a larger initiative called Mayors for a Guaranteed Income. On Thursday, the group announced the program could impact as many as 7 million Americans across 14 different cities, including Los Angeles; Atlanta; Newark, New Jersey; and Jackson, Mississippi. The involved mayors say they plan to launch…

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