You bring up a good point... middle class people will be forced down or up... the ones that go down will be competing with the lower classes for jobs.... the less than capable will be displaced and given this universal basic income ... then the market will be capped and prices will fall for goods and services ... so the profit motive of building and maintaining a robot / ai fleet will be negated... tax revenue to the government will be destroyed.... revolution .... global currency reset ... world government ... rise of the neoluddites!!!
Could you please explain how market capitalization and deflation are related to universal income? Or am I trying to connect the wrong elements in your illustration? Is it something to do with reduced purchasing power being related to reduction in the value of pps x number of outstanding shares? Having some trouble grokking it here.