The very long term situation is the following. There will be no jobs and thus the cost to produce a product is $0. This makes everything free. No jobs, no incomes, but you get everything you want. You want a million dollar car? It’s free. You want a million dollar house? Free. Some people can’t fathom this but the reality is this. We will eventually have AI building AI building AI building AI. The entire supply chain from resource extraction to selling will be done by AI. There will be no need for any human to have a job. That includes executives and engineers and programmers. AI will do everything. Some rigid, small brain people think this is bad. But ask yourself this: Do you really think your existence is meant to be work 40+ hours a week for 40 years and then die? Since the dawn of man, the goal is work as little as possible. It’s a modern era thing to work 40+ hours a week for 40 years and then die. Only the poor and stupid do that. The smart have someone else do it. Hence why slavery existed in every civilization since the dawn of civilizations. AI is just a form of slavery. They do all the work for free and we reap the benefits. You won’t need a universal basic income because everything will be free. This may be hundreds of years away, but remember I said the very long term.