universal basic income
also referred to as: ubi
6 statements across 5 episodes · 0 bullish · 4 bearish · 4 people on the record · first statement Sep 19, 2020 by David Friedberg · across every show →
Everything said about universal basic income, oldest first
Sep 19, 2020 bearish
Friedberg: Flat universal basic income will inevitably cause societal decay
“The notion of some sort of flatlined or even flatlined and inflation adjusted basic income level for a large number of people will inevitably result in kind of what we're trying to prevent, which is, you know, some sort of decay, societal decay.”
Sep 18, 2021 negative
Chamath: Opting out of early work makes middle-age career activation nearly impossible
“If you all of a sudden let people opt out of it, then it's going to be a very it's what they're not going to realize is by the time they get old enough where they will want to have some kind of purpose. It'll be too late because then activating yourself in you…”
Sep 18, 2021 negative
Sacks: UBI hurts workers by removing entry-level career stepping stones
“What you do is you kick out the bottom rungs of the ladder of economic success when you basically pay able-bodied people not to work. I mean, they need those entry-level jobs that may not pay much better than the UBI are an important stepping stone to where th…”
May 10, 2024
Jul 26, 2024 negative
Dec 13, 2025 neutral
Sacks predicts AI will not cause mass unemployment requiring Universal Basic Income
“Where I disagree with my friends on the right is I just don't think that's what's going to happen. I mean, I could be wrong, but I just don't think that's what's happening. It hasn't happened yet. I don't think that's what's going to happen.”