Thought experiment: Everyone who loses a job in a shrinking industry gets Basic Income for the rest of their life. What happens?
Is the grant transferable, like lottery winnings? Do dependents inherit it, like copyrights? For how long?
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All of these are good thought experiments
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Though the real punchline is meant to be that this thought experiment is a bad idea that is almost a good idea
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Agreed, what you're describing is a form of pension. UBI needs to do what pensions do, without the known downsides.
End of conversation
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