The Case against Universal Basic Income (UBI)
My case against Universal Basic Income, otherwise known as UBI. Today, I'm going to be discussing some of the pros and cons I see to us moving into a centralised world where our governments are responsible for our very survival.
2022-02-24 19:00:00 - Sorelle Amore Finance
In today's video, I'm going to be touching on a topic that it seems like many people are for. But for me, there are some underlying issues which I think need to be addressed. And really, one major issue: my worry that UBI will be used as a potential tool for more and more control over our lives.
What's possibly most concerning is that certain organisations see the kind of world I describe in this video as being less than a decade away. A world I'm not sure is the right world for all of us.
Sorelle Amore Finance
00:00 - Free money isn't free
00:28 - The case against Universal Basic Income
01:14 - A look into the future
02:09 - The Fourth Industrial Revolution
04:12 - How automation will kill jobs
05:08 - The solution: UBI
07:53 - My concerns around Universal Basic Income
09:40 - The main problem: Control
12:10 - What are we trading for free money?