The title doesn&#x27;t fit the content. The article does not list any famous failure of Basic Income. It does mention one famous success of Basic Income and questions the validity of that success.<p>Also this quote: <i>&quot;Wealth is something humans create. It can be as easily destroyed if we disincentivize working at all.&quot;</i>
But here&#x27;s the thing: Basic Income doesn&#x27;t disincentivize working at all. It incentivizes it, because you keep the BI when you work, unlike the welfare, unemployment and disability payments we currently have. <i>Those</i> really disincentivize working.<p>Finally, there&#x27;s the fact that there&#x27;s simply not going to be enough work for everybody in the future. More things will be automated, and less human labour will be needed to take care of our needs. The only way to prevent extreme poverty, is to ensure that people who don&#x27;t work, can still eat.