David Sacks, the US government's AI Czar, says Universal Basic Income is 'a fantasy that will never happen'.

Interesting that UBI is now such a mainstream topic, and this trend will only grow from now on.

Despite what Mr. Sacks might say, the day is still coming when robots & AI will be able to do most work, and be so cheap as employees, humans won't be able to compete against them in a free market economy.

What won't change either is that our existing financial order - stocks, 410ks, property prices, taxes that pay for a military - is predicated on humans being the ones that earn the money.

Mr Sacks is part of a political force driven by blue-collar discontent with globalization. He might be against UBI, but the day is coming when his base may be clamoring for it.

Trump's AI czar says UBI-style cash payments are 'not going to happen'