Economics

Silicon Valley's Basic-Income Experiment Is Worth Watching

Silicon Valley is taking a stab at disrupting poverty.

There's nothing wrong with a little support.

Photographer: Thomas Trutschel/Getty Images

Silicon Valley is famous for disrupting industries, but disrupting social problems is a different matter. Closely held companies that exist in highly competitive markets can easily hurt the bottom line by spending resources on helping the needy -- which is why government, not business, usually provides aid to the poor. But against the odds, a Silicon Valley innovator is disrupting poverty.

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