Comment by Andrew Ng

I do not believe in unconditional basic income because this just encourages people to be trapped in low-skilled jobs without a meaningful path to climb up to do better work. So rather than to pay people to do nothing, I would rather see a new "New Deal" where we pay you to study, because I think that today we know how to educate people at scale and society is pretty good at finding meaningful work and rewarding people with the relevant skills. Incentivizing people to study increases the odds that the displaced worker can gain the skills they need to reenter the workforce and contribute back to the economy.