The well-off will never be not well-off unless they literally depend on the people’s exploitation. If they do, well, like they say, its like whoever the technological advances they depend on immediately put out of commission in terms of employment options off the table
I think that’s a misconception. UBI is not free money for all. There will not be appreciably more money sloshing around.
Taxation will be balanced around the average earner giving back the same amount of money in tax as they get in UBI.
People below average will be better off. People above average will be worse off. People way up in the 0.01% will be considerably worse off.
Guess which of those groups keeps inventing new reasons why UBI won’t work.
The well-off will never be not well-off unless they literally depend on the people’s exploitation. If they do, well, like they say, its like whoever the technological advances they depend on immediately put out of commission in terms of employment options off the table