It might, but I don't see why. As some people are more able to opt out of the workforce, you're reducing the supply of labor. Meanwhile, you're making some individuals more capable of realizing their needs as demand. It would hugely surprise me if lower supply and increased demand meant a lower price. Which is not to say I couldn't be surprised.
"Basic income is a decent idea at first glance, but holy crap it could become a complex mess pretty quick if it's not done right. It could create some pretty perverse incentives for either individual or companies to maximize their gain."
Note that we already have a welfare system with a bunch of layers of complexity to try and coddle various behaviour out of people. A system with one simple formula and no discontinuities is likely to be substantially less weird.
It might, but I don't see why. As some people are more able to opt out of the workforce, you're reducing the supply of labor. Meanwhile, you're making some individuals more capable of realizing their needs as demand. It would hugely surprise me if lower supply and increased demand meant a lower price. Which is not to say I couldn't be surprised.
"Basic income is a decent idea at first glance, but holy crap it could become a complex mess pretty quick if it's not done right. It could create some pretty perverse incentives for either individual or companies to maximize their gain."
Note that we already have a welfare system with a bunch of layers of complexity to try and coddle various behaviour out of people. A system with one simple formula and no discontinuities is likely to be substantially less weird.