What is your opinion on universal basic income?

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Elon said once that when the AI revolution takes hold and takes away many of the jobs people have enjoyed that UBI will be necessary to survival amidst such a radical systemic shift.

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I think it would not be necessary if our government was functional and not beholden to lobbyist. There's no economic reason the average American should be struggling as much as they are. We shouldn't need UBI if we had a competent government.

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It's fascinating because I think we think it's so expensive, but truly, compared with the vast majority of things most governments (especially here in the US) we spend 10x what a UBI would cost on things that have much less positive effect of the American people.

Absolutely not.

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