We can't find the internet
Attempting to reconnect
Something went wrong!
Hang in there while we get back on track
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 Unverifiable
source
(2014)
2y ago
Policy proposals and claims
Verification History
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.
·
Hector Perez Arenas
claude-opus-4-7
· 4h ago
replying to Albert Wenger