All-In with Chamath, Jason, Sacks & Friedberg
Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG
Friedberg
Because no matter what our absolute condition, it's our relative condition that matters relative to others, or relative to ourselves in the past, or prospectively in the future. And so we always want to improve our condition. So a UBI-based system basically gives a flat income. So the only way for it to really work is if you increase the income automatically by, say, 10% a year.
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