It's 2026, and as new AI tools seem to emerge every week while unemployment ticks up, some may ask: are we headed toward a Universal Basic Income scheme?

As more and more tasks become automated, from data analytics to summarizing reports and beyond, almost every person I've spoken to lives with a lingering fear that AI could replace their job. Without a job, a person must find an alternative way to pay their living expenses.

Enter the idea of Universal Basic Income (UBI). Under a UBI arrangement, each individual receives a minimum fixed payment, supposedly allowing them to live without earning an income from a job.