Last I checked, UBI does not come with built in business education or introductions to movers and shakers.
I was homeless for nearly six years and actively trying to make business connections on HN, largely to no avail. No one wanted to take me seriously. Unsurprisingly, my income grew extremely slowly.
If I had a choice between UBI or connections, I would take connections in a heart beat. They are potentially worth millions.
The parallels with basic income are clear. How many people are out there with the potential to be one of the best in the world at something important, yet aren't able to develop themselves because they started with nothing and are 100% focused on making ends meet? We won't find out until we give all those people a chance.
If you promise everyone money for life, many people won't bother to create wealth. Wealth creation tends to involve rocking the boat. Have you heard of Duke Nukem Forever? They had scads of money and spent years trying to make the next perfect thing and failing to release because it wasn't yet perfect. Then they would start over because they were taking so long that technology had changed and all their work was out of date. I think they finally released when they ran out of money.
A lot of people will do absolutely nothing if they have money for life. People are neurotic, perfectionistic and on and on. We do an awful lot of stuff we don't really want to do because we need the money. We don't want to starve. If we guaranteed a minimum level of comfort, a great many people will do absolutely not a thing because doing stuff is scary and hard and what if we look like fools? and on an on.
>A lot of people will do absolutely nothing if they have money for life.
Really? Citation needed.
These seem no more than unsupported assumptions based on your experience, i.e., anecdata.
My anecdata indicate the opposite. A supermajority of those I know would, but for fear of lacking minimal financial security, try to create value through entrepreneurship.
Further, my casual knowledge of basic income experimental results contradicts your assertions. For but one example, the Canadian experiment [1] [2] indicated strongly favorable effects.
Your view may depend on whether you regard people as assets or liabilities until proven otherwise. I favor the former.
[1] https://en.wikipedia.org/wiki/Mincome#Results [2] https://www.thestar.com/opinion/editorialopinion/2011/01/11/...
If you promise people they won't starve if they fail, they'll be more inclined to take wealth creating risks over safe career bets.
And? So what? Seriously, so what?
Most people agree today that not everyone is meant to go to college. So why should everyone be creating wealth? Why can't some people just be consumers?
How many important things are there? Lets go with 10,000, which I think is _extremely_ generous. Perhaps there is a better way of enabling people such that we find those 10,000 people. UBI doesn't need to be the solution.
