Article
Universal Basic Income 💵
Automation and AI threaten to erase millions of jobs. The solution? UBI: A regular cash payment to every citizen, regardless of income, with no strings attached.
- Pros: Eliminates extreme poverty, gives security, encourages creativity (people can take risks), simpler than welfare bureaucracy.
- Cons: Extremely expensive (Trillions), might discourage work (Laziness?), causes Inflation?
Pilots in Finland and the US showed people generally used money for food and debt, not drugs. But scaling it to a whole nation remains untested.