Updated
Updated · Fox News · Jun 10
Max Gorden Warns UBI Would Worsen $40 Trillion U.S. Debt as AI Reshapes Jobs
Updated
Updated · Fox News · Jun 10

Max Gorden Warns UBI Would Worsen $40 Trillion U.S. Debt as AI Reshapes Jobs

1 articles · Updated · Fox News · Jun 10

Summary

  • FOX Business correspondent Max Gorden argued universal basic income would damage America’s future, saying AI-driven job disruption does not justify sending government checks to every citizen.
  • Gorden said past technological shifts—from automobiles to the internet—eliminated some work but created new industries, and he contended AI will follow that pattern rather than end work altogether.
  • $40 trillion in national debt makes a universal payment program fiscally dangerous, he wrote, because funding it would require higher taxes, more borrowing or money creation that could fuel inflation.
  • The bigger risk, Gorden argued, is cultural: UBI would weaken the link between effort and reward, while the better response to AI is broader ownership, new skills and participation in innovation.

Insights

As AI reshapes half of US jobs, is 'universal basic opportunity' a realistic promise or an empty one for millions of workers?
Should the tech giants profiting from AI be required to fund the reskilling of the American workforce they are displacing?