Yeah, this affects everyone who isn't rich. Some billionaires are even running UBI trials, fully aware that the tech they're building or funding is going to cause social chaos:
Why are billionaires doing this instead of governments? It doesn't make sense.
Governments are supposed to protect workers, regulate industries, and make sure technology benefits everyone. Looks like billionaires and VCs who love monopolies are building the future on their terms.
They don't want to get eaten. We already had symbolic real assassinations of CEOs. It's only a matter of time. You can call it savagery, but you also can call it economics.
If you need to mitigate the danger quickly it's only prudent to try to do it yourself than to delegate to politicians you bought. Especially if you neglected the problem for so long.
That's why billionaires are talking about basic income before politicians do. They know the window for their survival is closing fast.
https://www.bloomberg.com/news/articles/2024-07-22/ubi-study...