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The Universal Income research will receive USD $ 10 million. This is a two-year project which will investigate the new economy where jobs will disappear due automation.

The $10 million fund will be managed by the Economic Security Project (made up of activists and technologists).

Under universal basic income every citizen will be given a certain amount of money every month. This will not depend on one’s status of employment.

Currently, there is limited research on this topic hence the need to carry out a detailed study. The fund is financed by Chris Hughes (Facebook co-founder) and Sam Altman among others.

The following is a list of recipients of the fund:

  • Niskanen Center; 
  • Center for Popular Democracy; 
  • American Center; 
  • Roosevelt Institute and; 
  • Chesapeake Climate Action Network
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