Is Universal Basic Income a sinister lie?

A good friend told me once, the only way to achieve equity is in the ruins.

There is a push for universal basic income due to job losses from AI. It sounds good on the surface, but it is actually a sinister lie.

Think about it this way, if AI is supposed to eliminate so many jobs and work, will there even be an economical market to even spend your money towards? If you eliminate so many specialties and fields of work, there will be less ways to spend your money. With less ways to make or spend your money, it will level the "playing field". It will essentially render your money useless. Your "money" will essentially become ration stamps. There will be no more middle class. You will have the elite you hand your ration stamps to and the poor.

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Is Universal Basic Income a sinister lie?
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