Mark Zuckerberg Calls For Universal Basic Income

Facebook founder Mark Zuckerberg, during his Harvard graduation commencement address on Thursday, called for universal basic income for citizens who can have the "cushion" to take risks like starting a business or learning a skill, without being pressured to keep a steady job that may not advance them outside their economic class.

Thirteen years after dropping out of Harvard University to work on Facebook, Mark Zuckerberg on Thursday finally got his degree - well, sort of. Moreover, all other graduates present were moved by his mesmerizing words, as he showed a career path to them. "When our parents graduated, a sense of objective reliably came from your job, your church, your community".

The Harvard commencement speech, which can be read in its entirety on Mark Zuckerberg's Facebook page, started with a joke. After jokingly pointing out, "If I get through this speech, it'll be the first time I actually finish something at Harvard", Zuckerberg discussed ways that young people should aspire to make the world a better place.

"I am reminded of a prayer, Mi Shebeirach, that I say whenever I face a challenge, that I sing to my daughter thinking about her future when I tuck her into bed". Instead, I'm here to tell you that finding your objective isn't enough. Stress felt by many American communities will increase as tens of millions of jobs are replaced by automation, such as self-driving cars and trucks, Zuckerberg said.

But as he was turning Facebook into the behemoth that would eventually make him one of the richest people on Earth, Zuckerberg decided he didn't have time to complete his degree.

"Now it's time for our generation to define a new social contract", Zuckerberg said. I was playing Civilization and I ran downstairs, got my dad, and for some reason, his reaction was to video me opening the email. When our parents graduated, this goal was mainly related to service, church, and the community in which they lived.

Zuckerberg dropped out of Harvard his sophomore year in 2004 to scale up Facebook as it rapidly grew.

The idea of a universal basic income - where the U.S. government unconditionally pays all citizens a small amount of money to cover basic needs - is being tested in a number of regions around the world. Bill Gates, founder of Microsoft, also dropped out of Harvard and gave the 2007 commencement speech.

Zuckerberg described how one of the most important ideas for students is just to get things started. "And I promise you, if you just take an hour or two a week - that's all it takes to give someone a hand and help them reach their potential". "I believed in what we were doing, but I felt alone", he said.

  • Salvatore Jensen