Uni
Universal Basic Income (UBI)
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 2
Pending: 23
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Government transfer payments are growing at 9% annually, effectively functioning as a form of Universal Basic Income.
"Transfer payments are government-issued money that goes for social security, Medicare, Medicaid. Tha..."
Dec 12, 2025
Incorrect
Government transfer payments are growing at 9% annually, effectively acting as a form of Universal Basic Income.
"Transfer payments are government-issued money that goes for social security, Medicare, Medicaid. Tha..."
Dec 12, 2025
Incorrect
The Alaska Permanent Fund is an existing example of a UBI-like program distributing revenue to residents.
"Programs similar to UBI already exist, such as Alaska's Permanent Fund, which distributes oil revenu..."
Aug 5, 2025
Pending
Andrew Yang proposed to implement Universal Basic Income if he won the 2020 US presidential election.
"Andrew Yang promised to introduce Ubi if elected in 2020"
Sep 1, 2024
Pending
Andrew Yang's 'Freedom Dividend' proposal aimed to provide $11,000 per month to every adult American.
"this so-called Freedom dividend would give $11,000 to every American adult every month"
Sep 1, 2024
Pending
The cost of Andrew Yang's proposed Freedom Dividend was estimated at over $260 billion per month, totaling over $3.1 trillion annually.
"this would cost over $260 billion per month totaling over $3.1 trillion per year"
Sep 1, 2024
Pending
Andrew Yang's UBI proposal drew inspiration from the Alaska Permanent Fund, established in the 1970s.
"Andrew's Ubi proposal was partially based based on an existing Ubi program that's been available in ..."
Sep 1, 2024
Pending
The speaker posits that big tech companies are analogous to oil companies of the past, with data being the new equivalent of oil, suggesting a funding model for UBI.
"big tech companies are the new Big oil companies and that data is the new oil"
Sep 1, 2024
Pending
The $1 trillion cash held by tech companies would only be sufficient to fund Andrew Yang's Freedom Dividend for a limited period.
"this trillion dollar cash pile would only be enough to sustain Andrew's Freedom dividend program for..."
Sep 1, 2024
Pending
A select, small group of individuals are profiting disproportionately from technological advancements.
"a very small group of people are reaping most of the profits of Technology"
Sep 1, 2024
Pending
Sam Altman has consistently expressed support for UBI as a potential solution to wealth concentration driven by technology.
"Sam ultman has been saying for years and it's why he's been supportive of Ubi as one possible soluti..."
Sep 1, 2024
Pending
The implementation of UBI could potentially exacerbate current wealth disparities.
"Ubi could actually make the existing wealth Trends much worse"
Sep 1, 2024
Pending
UBI might lead to wealth becoming even more concentrated among a smaller number of individuals.
"Ubi could result in an even greater concentration of wealth in even fewer hands"
Sep 1, 2024
Pending
If UBI funds are primarily spent on consumer electronics and gadgets, it would further enrich big tech companies.
"if most of it is being spent on things like mobile phones and other gadgets then it would just make ..."
Sep 1, 2024
Pending
A significant portion of UBI funds being used to pay down debt could paradoxically lead to deflation.
"if most of the Ubi money was used to pay down debts then it could paradoxically result in deflation"
Sep 1, 2024
Pending
Funding UBI through money printing and subsequent spending on corporate goods and services would effectively transfer wealth from lower and middle classes to the rich.
"if Ubi is paid for by money printing instead and spent on products and services provided by Mega cor..."
Sep 1, 2024
Pending
The speaker suggests that billionaires' support for UBI stems from the understanding that they would benefit from it financially, likely through indirect wealth transfer.
"this is presumably why so many billionaires are fans of Ubi"
Sep 1, 2024
Pending
Sam Altman's concept for funding UBI involves an AI generating profits through activities like trading, with those profits then distributed to the public.
"he believes it could be paid for by creating an AI which can generate profits be it by trading or ot..."
Sep 1, 2024
Pending
Studies indicate that individuals in lower income brackets tend to reduce their working hours when provided with unconditional extra income.
"when poorer people are given extra unconditional income they use that added cash to work less"
Sep 1, 2024
Pending
Recipients of UBI utilize the additional funds to purchase leisure time, meaning they work less.
"they use that extra money to buy time"
Sep 1, 2024
Pending
While beneficial for UBI recipients, the reduction in work hours could negatively impact overall economic productivity.
"this is good news for the recipients of Ubi but bad news for overall economic productivity"
Sep 1, 2024
Pending
A decrease in economic productivity due to UBI could make it more challenging for governments to collect sufficient taxes to fund the program.
"if economic productivity declines due to people receiving Ubi then the government will have a harder..."
Sep 1, 2024
Pending
For UBI to be successful, it should be targeted towards individuals in need and implemented in a manner that avoids negatively impacting economic productivity.
"if Ubi was ever to be introduced it would need to be targeted at those who need it and done in a way..."
Sep 1, 2024
Pending
UBI may have an impact on overall economic productivity.
"UBI could have on productivity"
Sep 1, 2024
Pending
The idea of community or state-owned AI generating profits for distribution is compared to existing sovereign wealth funds, such as Norway's.
"this actually isn't far off from The Sovereign wealth funds found in countries like Norway"
Sep 1, 2024
Pending
Predicted that Universal Basic Income will become a much-needed or discussed policy due to automation.
"the ones to fall first the words Universal basic income will be a much"
Mar 15, 2024
Correct