Hacker News new | ask | show | jobs
by chii 12 days ago
UBI only works if the technology advances to a level where there is zero scarcity. I dont believe AI will produce that level of abundance.
1 comments

There is no reason to have UBI if there is zero scarcity. There is no reason to have money at all without scarcity.

UBI is a system for dividing up scarce resources.