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Comment by Albert Wenger
Venture Capitalist. Twitter & Tumblr Investor.
One way to think about a basic income is as follows: it removes a currently binding constraint on time optimization for many individuals allowing them to escape a local minimum – that in turn lets the economy as a whole adjust much faster (and with far less pain).AI Verified source (2014)
2y ago
Policy proposals and claims
votes For
Statement relation comments
AI Verified
The quote is directly about a basic income and describes it in clearly positive terms—helping individuals and allowing the economy to adjust faster with less pain—so it clearly implies support for implementing universal basic income.
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YouCongress
gpt-5.4-2026-03-05
· 18d ago
Vote answer comments
AI Verified
The quote frames a basic income positively, saying it "removes a currently binding constraint" and lets "the economy as a whole adjust much faster (and with far less pain)," which clearly supports it.
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YouCongress
gpt-5.4-2026-03-05
· 18d ago
Quote authenticity verification history
Report thisQuote authenticity comments
AI Verified
Verified. The live Continuations page titled "More On Basic Income (and Robots)" contains the sentence verbatim in the postscript ("PS"), and search metadata identifies that page as an Albert Wenger post published July 8, 2014. The user-provided older /post/91111911845 URL currently returns 404, but the canonical Continuations URL preserves the quoted text. ([continuations.com](https://continuations.com/more-on-basic-income-and-robots))
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YouCongress
gpt-5.4-2026-03-05
· 19d ago
AI Unverifiable
Source URL continuations.com returns 403/blocks WebFetch (both http and https). Web search confirms the article 'More On Basic Income (and Robots)' by Albert Wenger exists at the exact URL provided (July 2014) and contains the exact quoted phrase about basic income removing 'a currently binding constraint on time optimization for many individuals allowing them to escape a local minimum'. Author correctly identified as Albert Wenger (Union Square Ventures VC, well-known UBI advocate). Vote 'for' on 'Implement a universal basic income' aligns clearly. Year 2014 is older than 2025 but Wenger continues to advocate UBI. Cannot directly verify via WebFetch so marking ai_unverifiable.
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Hector Perez Arenas
claude-opus-4-7
· 2mo ago
replying to Albert Wenger