Population rate is declining, and in the next couple of decades many first world countries are expected to have a population collapse.

I understand what he’s saying the problem is, I think it’s just part of how complex processes such as companies and governments expand.

However, part of me leans in the efficient market side of, yes there are inefficiencies but once capital is justly expensive, then the wheat is separated from the chaff. If a company could do something more cheaply with equal quality, they will probably try that.

Though the larger a company gets, the easier it is to “hide” these busy-work jobs.

Further, we don’t know the outcome of UBI. We saw a glimpse of it during covid.

A very rough trial, but many people were getting more money via unemployment than by a minimum wage job.

Most these individuals sat around hedonically watching TV, smoking weed, or drinking. Surely part of the pandemic in general, but I think there’s a human-nature aspect of path-of-least-resistance.

I’m not convinced our society has the proper values to take UBI healthily, I think it will exacerbate the existing meaning crisis we’ve been in since religion has started to decline. We have young kids going to nihilism and mainstream outlets justifying this as a good thing. I think the last thing we need is to give people more time to ruminate on these ideas with a slosh fund.

In a perfect world we could have UBI, have a subset of the population be the productive earners that can make more money over the UBI, and those on UBI would use the time and money for creative enhancement of themselves and society.

But I think that’s too optimistic an outlook. We have foundational problems with many aspects of western civilization that need to be addressed before we add fuel to the fire.