I missed this last time. This is a fundamentally profound way of looking at UBI; the fact that nobody can afford it in any meaningful way demonstrates the problem you outline. I read a summary of this; I haven't read the whole Davos take yet but it ostensibly argues that kids born in the past ten years in the developed world have a median life expectancy of 103 and shortfalls in paying for retirement for them are on the order of $400 trillion dollars. I need to dig deeper but I wouldn't have thought ten years ago that we could be looking at end-stage capitalism. Now? Now I think you could make a compelling argument (not sure I'm convinced yet).What does UBI boil down to? It's a prop to keep capitalism from running off the rails once society no longer carries the structures that made it a stable social arrangement.