Why UBI is making a comeback

Ever wonder why universal basic income is suddenly back in the spotlight? Casey Newton points out that tech giants like Elon Musk and even OpenAI are exploring ways to fund public wealth, hoping a simple cash check can quell growing fears over AI taking over jobs. Now, here’s where it gets interesting — these initiatives aren’t just about giving people money; they’re about reshaping how we think about wealth and automation. According to Newton, Musk’s interest in AI and public funds hints at a future where AI profits could be shared widely, not just hoarded by a few. The idea is to create a safety net that adjusts as tech advances, but critics worry it might just delay real solutions or distract from regulation. And get this — Newton notes that these experiments could set the stage for a broader shift in how society handles automation and wealth distribution. So the question isn’t just if UBI makes a comeback, but who’s ready to lead the change before it’s too late.