Perplexity AIhttps://www.perplexity.ai/?s=u&uuid=afc0d4b3-0a1c-4c58-970b-9ed6265aaa87Unconditional basic income (UBI) has both advantages and disadvantages. Some of the advantages include reducing poverty rates[1]
, providing a safety net for all citizens regardless of their employment status[2]
, and potentially stimulating the economy by increasing consumer spending[3]
. However, some disadvantages include the possibility of increased laziness or decreased incentive to work[4]
, as well as the potential burden on government finances[4]
. Additionally, some argue that UBI takes money from the poor and gives it to everyone, which could increase poverty levels among those who need assistance the most[5]