[vsgzusnex]

The point of UBI is not to reduce the economic output of smart people. In fact, in some sense it could improve since bright minds could reasonably deal with loss of income while pursuing entrepreneurial endeavors. Think of all the smart people wasting their life in a do-nothing job for security that we could liberate to follow through on their best ideas.

At the same time not smart people or disadvantaged won't be ignored or fall through the cracks. Over time as productivity rises through automation we can ramp up the UBI and make sure all human life is valued and give people real opportunity. Even with a UBI that doesn't require you to work to live doesn't preclude a capitalist persuit of resources to make your most grand ideas come true. Let's just make sure we tax externalized cost appropriately.

Will some smart people choose to not work eventually? Sure, but if our automation can support them, who cares?

I think Yang came up with an eloquent phrase for this - UBI is capitalism that doesn't start at 0.