Trump's AI Czar Calls Universal Basic Income a 'Fantasy'

David Sacks, Trump's AI advisor and co-founder of Craft Ventures, has dismissed universal basic income (UBI) as a fantasy, arguing against government welfare in the age of AI. He claims the left envisions a post-economic order where people stop working and receive government benefits, a scenario he believes is unrealistic. However, numerous cities and states are experimenting with guaranteed basic income, a more limited version of UBI. A major UBI study funded by OpenAI CEO Sam Altman found it encouraged recipients to work harder. Conversely, Google DeepMind CEO Demis Hassabis advocates for a 'universal high income' to address AI's significant impact on jobs. The differing opinions highlight a major debate about the future of AI, employment, and social welfare.