It’s not something I really pay a lot of attention to, but UBI schemes seem to involve relatively small amounts of money. Like, $1000 a month or something like that. Hey, if anyone wants to hand me an extra $1000 a month, I would take it. But it won’t pay my mortgage. It won’t pay my bills. It won’t pay for anybody’s education.
I think the big fear is that AI and automation may make a large number of people pretty much unemployment. If you no longer have any way to contribute your labor to the national economy, then you are out of luck and should just sit at home and try to stay out of trouble. No wages for you. But don’t worry — here is a whopping $1000 a month so you will survive.
I just don’t see this as any sort of solution to anything.
And my little discourse says “$1000 a month” — I have no idea what UBI scheme people are really thinking of, but it’s not $10,000 a month, and if it were we would be at Zimbabwe levels of inflation.
As I understand it...you will “earn” tokens to use to buy groceries, goods, etc. HOW will you earn them? You will have to devise ways to monetize yourself by doing good in your community, or some such thing. A lot of things will be free (so they say), like energy. THAT is what I have heard from my hub who is following major players/promoters online.