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Why Universal Basic Income Is Still a Bad Idea

Elon Musk recently posted a pronouncement on X: “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.” Andrew Yang cheered. Sam Altman concurred. Their message: AI is coming for your job, and only the government can save you.This is not a new script. It is the latest performance of a very old play, recycled with each tech wave since the Luddites smashed textile looms in 1811. W…

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The Heritage Foundation broke the news on Tuesday, May 5, 2026.
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