Problem with basic income is its kind of like inflation. If everyone has money and supply is same then the prices go up and we are at square one.

What we need is to dramatically increase supply and make the unit cost much lower.

Phones, cars and most commodities depreciate because next version is usually cheaper and better. Land doesn't grow so their prices go up and up.

Biggest living costs are housing, transport, education, healthcare.

Basic income is a pipe dream. We need a new economy.