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Read Full Article Here: https://www.fastcompany.com/90529479/is-the-pandemic-finally-ubis-moment

In some countries, that could keep some kind of regularly distributed guaranteed income in place for years, even if governments choose to call it by another name.

Some of the measures under consideration include additional direct cash payments to citizens aimed at supporting workers until the pandemic eases and the economic crisis passes.

Even under more normal circumstances, recessions tend to accelerate adoption of the very technologies that Yang and many others in Silicon Valley believe will someday necessitate some sort of universal guaranteed income.

For some in Stockton, the $500 monthly UBI payments are staving off financial catastrophe, but only for 125 families, and only for now.

“Whether we call it a guaranteed income, an income floor, whatever you want to call it,” says Stockton’s Mayor Tubbs.

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