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As Kiwi voters mull universal basic income, IMF warns against its use in Pacific nation
['Jonathan Milne', 'More Jonathan Milne', 'Managing Editor']
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They strongly warned against removing all conditionality or targeting of income support, by implementing a universal basic income.
“In short: an affordable basic income would be inadequate, and a basic income that is adequate for all would be unlikely to be affordable,” they agreed.
For what it’s worth, academics at Northumbria University have offered some reassurance to supporters of a universal basic income.
As Altman bemoaned this year, AI combined with a universal basic income risked creating a new idle class.
He told The Atlantic in April: “I no longer believe in universal basic income as much as I once did.”