News for hackers. Stuff that matters.
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by chrisseaton on Thursday May 21, 2020 @09:43AM (#23258228)
Seems like nonsense to me to say 'this is universal income just except it's not universal.' If you take away the 'universal' then you're missing the entire point.
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by toomuchtodo on Thursday May 21, 2020 @09:48AM (#23258288)
This is policy and PR hacking in lieu of having incredibly deep pockets. Sorry to tell you that real life is messy. Think of it as growth hacking. This is a sales endeavor. You must sell that the current form of capitalism is fundamentally broken.

This is no different than contributing to the "right" Congressional candidates with few dollars so they control hundreds of billions of dollars of policy (or in this case, trillions of dollars). This isn't anything new or weird. NGOs face this issue all the time, having to prove out models before they'll get gov or foundation funding.

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by chrisseaton on Thursday May 21, 2020 @09:58AM (#23258394)
But you can’t prove anything about universal income without the universal part. As without it it’s not the same thing and we don’t know if it’ll have the same effects.
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by toomuchtodo on Thursday May 21, 2020 @10:01AM (#23258428)
You can approximate. Close enough. It's going to be impossible to implement without testing the concept.

I'm not here to convince you, and if you're not a policymaker or the Fed, I don't have to.

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by chrisseaton on Thursday May 21, 2020 @10:10AM (#23258532)
But the 'universal' part is the main thing people including policy makers have an issue with, and that's the bit not being tested.
Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by toomuchtodo on Thursday May 21, 2020 @11:43AM (#23259799)
Ehh, India is dipping their toes in without going full monty. It can be done progressively.

https://news.ycombinator.com/item?id=23258277 (HN: Indian farmers to get direct cash benefits)

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by toomuchtodo on Friday May 29, 2020 @02:56PM (#23354061)
And now in Spain.

https://news.ycombinator.com/item?id=23351708 (HN: Spain approves national minimum income scheme)

Re:Jack Dorsey is giving Andrew Yang $5M to build the case f... by renewiltord on Thursday May 21, 2020 @02:36PM (#23262858)
So your posterior probabilities on most things will shift zero post intervention? Interesting.

I'm a UBI opponent, a short term HM proponent, but I think my posterior probabilities would shift depending on the size of the effect and the duration over which the experiment was performed.