&gt; We should do away with it and replace it with basic income<p>So instead of encouraging (or mandating?) young folks get trained or educated (or both!), we simply give them money for existing? I don&#x27;t see how that solves the bigger issue.<p>We, as a society, are very good at band-aid solutions (like minimum wage from the get-go). We&#x27;re not good at solving the real hard problems. The real hard problem here is folks are getting neither a good education, nor are being trained for highly skilled jobs. Folks want to have a cake, and eat it too.<p>This dwells into the highly debated economics of a BI economy, however we do know (and mostly agree) that a shrinking workforce will not be able to sustain a BI. Rather, we need that workforce to evolve into higher level jobs, but this requires even more education and&#x2F;or highly skilled job training.