[haccount]

UBI assumes the entire financial sector doesn't exist. That companies grow like plants without agency. That everyone just accepts UBI as an equal portion and that the future is rosy and fair.

The predatory institutions will still be there in the UBI future and price things accordingly, do a little hostile takeover here and there, bribe some politician and get a totally not monopoly started in as many sectors as they can.

For UBI to actually work it needs to spring out of the goodwill from a monstrous institution that brutalizes all other financial entities or from a financial apocalypse that leaves virtually no one standing.

A much more likely entry point to "free living conditions" is free as in advertisment driven data mining and resale. Think of Google being your landlord, offering free Google fiber with some extra packet inspection clauses. McMeta down the street offering free fastfood adhering to the latest "dietary meta" catchphrase. And Palantir hands out free phones with preloaded internet and bomb homing beacons to streamline military interventions against you when the gov decides you're a terrorist.

That's a more likely "UBI scenario", simplified by a few steps as whatever UBI money you'd get in a cash scenario would end up pocketed by the usual suspects anyway

[ConspiracyFact]

Advertising and data? Really? So people can’t pay for anything, but companies somehow see value in trying to sell things to them?

[haccount]

Money will still exist. Maybe you don't have any but other people might run around with pocket change. You'll be able to get a free meal from the poverty bot serving A/B testing burgers and cataloguing your emotional responses to receiving and eating them and giving up the rights to your footage for use in advertising material. Good business.

[ConspiracyFact]

Again, if you--and, in general, your demographic--don't have any money, your data is useless for advertising and marketing purposes.