When enough people can’t work bc they have no relevant skills, we will pay them to not work bc we won’t let them starve. There’s no reason this is inevitable, but every indication is that this is America’s preferred public policy. Has been for decades.
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Look at existing workforce participation & trends in social service spending on the unskilled. As they say in trch, the future is already here, it’s just not evenly distributed yet.
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In the future there will be only one occupation: managing one’s wealth. And most of us are gonna be unemployed.
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Without an alternative, UBI is the only branded solution for a wide spread pandemic of under-employment and instability.
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The tech CEOs make the mistake of thinking that free markets are too simple a tool to deliver a more equitable society, and consequently, they waste time coming up with Rube-Goldberg redistribution machines that are ineffective. It's a shame, really.
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