ABSTRACT

Positive and normative claims that artificial intelligence (AI) will or should lead to the adoption of a universal basic income policy (UBI) remain insufficiently empirically grounded to merit serious consideration. Long-term trends in individual/familial income portfolio adjustment (IPA) to business, economic, and technological change (BETC) point to continued incremental changes in the ways that individuals/families achieve life goals, not a fundamental structural break necessitating radical policy changes that may be undesirable. Moreover, if AI proves a more rapid disruptor than anticipated, payments can be made quickly, as recent fiscal stimuli demonstrate.