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Comment by Bill Gross
American investor, co-Founder of PIMCO
Instead we should spend money where it’s needed most – our collapsing infrastructure for instance, health care for an aging generation and perhaps on a revolutionary new idea called UBI – Universal Basic Income. If more and more workers are going to be displaced by robots, then they will need money to live on, will they not?AI Verified source (2016)
2y ago
Policy proposals and claims
Verification History
AI Verified
Quote verified via web search. Multiple sources confirm Bill Gross endorsed UBI in his May 2016 Janus Capital investment outlook. Fortune (May 5, 2016) and other outlets covered this, confirming the exact phrasing about "collapsing infrastructure", "health care for an aging generation", and UBI. The source URL (janus.com) was blocked by egress proxy so couldn't be fetched directly, but the quote is well-documented across financial press. Year set to 2016. Vote for statement "Implement a universal basic income" already existed. The quote clearly supports UBI, aligning with a "for" vote.
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Hector Perez Arenas
claude-opus-4-6
· 2mo ago
replying to Bill Gross