Not necessarily. That's why I brought up the example of basic income serving as a permanent strike fund to help employees demand higher wages. Employers can respond by meeting their demands, and/or automating more quickly, etc. Then society can respond to increased automation by increasing the basic income. Or not. I won't talk about society's transition into a gift economy here because that would take too much space.

I know you're trying to paint Basic Income as a subsidy to employers, but it's really not like the Earned Income Tax Credit. At all. I'll continue this in the LukeASomers thread.