Universal Basic Income (UBI) is a policy concept where the government provides all adult citizens with regular, unconditional welfare payments. The goal is to reduce poverty and simplify welfare systems by replacing complex social programs with a straightforward income for everyone.
Supporters believe UBI could help people manage the economic disruptions caused by automation and provide a safety net for all citizens. However, UBI faces criticism for its high cost and potential to reduce work incentives. While some argue it simplifies welfare and reduces bureaucracy, opponents worry about how to sustainably fund such a large-scale program.