Never been a big fan of UBI as it always sounded like something that couldn’t possibly be grounded in disciplined, sound monetary policy. But looking at where we’re heading now, with wealth concentrating faster than productivity can catch up, and AI evolving much faster than expected, it’s hard to deny we may have no choice.
UBI will be necessary, not optional. If technology keeps replacing labor at this pace, the idea that everyone can “just reskill” starts to sound detached from reality.
The most logical way to fund it wouldn’t be through blanket taxation or traditional welfare structures, but by introducing a UBI tax specifically on the biggest corporations, namely the ones benefiting most from automation and data monopolies. That money could be redistributed through transparent, decentralized mechanisms.
This might sound like punishing success, “taxing the rich,” or creating another bloated socialist program. But we have to acknowledge that the economic engine is being rewired, and without some kind of systemic adjustment, the gears are going to strip.
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