+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

It's not just Zuckerberg - Slack CEO Stewart Butterfield is a big fan of universal basic income

Aug 5, 2017, 01:39 IST

Advertisement
Slack CEO Stewart ButterfieldSlack

Booming tech salaries and the resulting wage gap have put the greater San Francisco area at the center of conversations about income inequality in the United States. It's even become a central issue for a certain not-running-for-president billionaire, Facebook CEO Mark Zuckerberg.

In particular, Zuckerberg is an outspoken advocate for a universal basic income, which would guarantee all citizens a monthly stipend to cover basic expenses like food and rent. 

Advocates say the system is one of the surest ways to lift people from existing poverty, and it also happens to be a societal safeguard for when automation and AI take over more and more jobs. 

Turns out, Zuckerberg isn't the only CEO who thinks it's a good idea.

Slack CEO Stewart Butterfield took to Twitter on Friday to further a discussion on the role that family money has played in some of the most successful businesses. 

Advertisement

"Doesn't have to be much, but giving people even a very small safety net would unlock a huge amount of entrepreneurialism," Butterfield Tweeted.

Butterfield, who is from Canada, went on to say that he thinks free healthcare is more vital than a free college education.

"Plenty of people are happy and successful without any college, whereas all dead people are just dead," he wrote.

NOW WATCH: 'Yelp drives me crazy' - Andrew Zimmern goes on an epic rant against the restaurant review site

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article