Twitter billionaire Jack Dorsey: Automation will even put tech jobs in jeopardy

Currently, software engineers tend to have high-paying jobs and be highly sought after. In fact, software engineer is the seventh best jobs in the country for 2020, according to a ranking by job site Glassdoor, with a median base salary of $105,563. Dorsey told Yang, who is an advocate for universal basic income, or UBI, that such free cash payments could be a "floor" for people to stand on if they lose their income due to automation. A monthly stipend could provide ousted workers "peace of mind" that they will be able to "eat and feed their children while they are learning how to transition into this new world" by learning new skills, Dorsey said. UBI is not an excuse to not work, but rather a lifeline, according to Dorsey.