Universal basic income is a dangerous delusion

As artificial intelligence drives fresh excitement in the tech world, major figures such as Elon Musk are reviving an old political fantasy: universal basic income. The idea has drawn support from a strange coalition, from progressive politicians like Andrew Yang to libertarian thinkers like Charles Murray.To its advocates, UBI is the obvious answer to a future in which machines displace human labor. But beneath the sleek language of innovation lies the same old welfare-state promise: material c...