AI will have a huge impact on Humanity there is no doubt about that. In theory producing a being/conciousness that is above humans in intelligence and life span could either greatly help or hurt our species. I personally don't think basic income will happen (just opinion on the powers that be) One thing I think of is that if AI is to the point where it can sustain the needs of humans will it do it? Will it be efficient in its eyes? Another thing that I question on Basic income is what is the incentive to accumulate wealth and equity if the basic needs are fulfilled?
Most people start businesses so that they don't have to work for someone else, to make more money, or to have more free time/ live the life they want. If basic income fulfills these needs what will be the driver for the masses to produce and innovate? Not saying you wont have people with the "Elon Musk" mindset but that is def not the average person.
RE: Universal Basic Income: What it Means, How it Works, & Why it Will Transform Our World