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Should There be a Universal Basic Income (UBI)?
A UBI will help the labor market adapt to inevitable
caused by advancements in automation and artificial intelligence.
A UBI makes it possible for some people to work less.
A UBI will not help the market adapt. It will actually make it slower to adapt because there is a buffer/cushion to absorb the shock and lessens the incentive to adapt to new conditions. Pain, not comfort, brings about adaptation and changes in the correction amount and direction.