It’s hard to avoid the constant prophecies of doom about how AI is going to take our jobs – with some of these already being borne out. However, AI leaders such as Elon Musk have declared that the population will be supported by Universal Basic Income (UBI) instead, in which the government will financially support everyone through the huge revenues produced by AI. “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI,” Musk posted on X earlier this year.

Musk imagines that we wouldn’t be unemployed but rather liberated – UBI would allow us to live without the mundane tasks of everyday life, like making PowerPoint presentations, writing emails or finding synergies in our deliverables. We’d be pensioned off to enjoy endless leisure time, to pursue our own interests rather than pesky career development.

I wouldn’t be so sure. While many of us look forward to vacations and retirement, history shows us that humans like to be busy, and we’re unhappy when we can’t be or when this busywork is meaningless. 

To demonstrate this we need only look back to the 1950s and........

© The Spectator