&gt;disincentivizes work<p>Why is this a problem? The market allocates work, the market has decided that a large and growing number of people&#x27;s work is worth $0, the market is still producing enough to keep everyone happy and fed.<p>Why should someone be incentivized to work when their work has no value?<p>Put another way, we have made an <i>amazing</i> collective achievement: 100% effort from 100% of people is no longer necessary or even desirable to maintain&#x2F;improve standards of living. Life has collectively gotten much easier, and coerced labor (yes, starvation and homelessness due to unemployment are coercion) is no longer necessary.