Universal Basic Income Accelerates Innovation by Reducing Our Fear of Failure – Evonomics

I can’t help but feel, that the "reduces our fear of failure" argument, while it will be a desirable outcome of UBI, shouldn’t be put forward as a central argument justifying it – it’s muddying the water & that’s dangerous.

The central argument for UBI should be A) that humans will not be able to compete economically with robots & AI in a free market economic system & B) the wealth generating capacity of that economy, and its existing wealth in stocks, pension funds, property, etc – will steadily collapse if less and less people can earn money to consume […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.