It’s true that Intel probably shouldn’t be handing out UBI, but if companies want to promote how much they don’t need people’s labor anymore, then that should be taken into consideration in policy making.

Somewhere along the line we lost one of the basic things underpinning our current economic structure – that corporations are supposedly better at allocating, distributing, and utilizing resources than a centrally planned economy with a governmental overlord. It sure sounds to me like Intel and other companies that are handing out pink slips for every bit of thing they automate cannot find anything to do with the human resources they’ve got.

To put it more simply, corporations aren’t allowed to exist purely because they “make money”. One of their primary functions is to employ people.