Potential consequences of implementing universal basic income

Universal Basic Income (UBI) is often touted as the panacea for freedom and happiness – more so in modern times since advancements in Artificial Intelligence (AI) demonstrate a credible threat to jobs.
U.K. anti-poverty charity the Joesph Rowntree Foundation stated that regular cash payment, regardless of income, existing wealth, or other conditions, could help reduce poverty, improve income security, and boost well-being.
The concept of a basic income is not new; for example, the Canadian province of Manitoba experimented with a basic guaranteed income pilot between 1974 and 1979. However, the convergence of modern cultural change, particularly from AI advancement, has made UBI seem increasingly necessary.
It’s worth pointing out that a mass basic income pilot effectively took place during the lockdowns, where eligible individuals received “covid payments.” This gave people the experience of “free money,” making UBI seem like a viable possibility.
However, significant worr

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