I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
Not particularly, no. A lot of tech people have been pushing the idea for years largely because it means that they would know what everyone would get on a monthly basis, and could adjust their subscription fees accordingly. The real solution is just to make society more equal, would effectively accomplish the same thing (at least in the US) if there were no more billionaires and public funds were properly allowed (ie Medicare for all) to improve the basics of society.