Yahoo Finance
It’s a straightforward thought, and, at first glance, it seems reasonable: replace Social Security with a universal basic income (UBI). It not only could help lower-income retirees live more comfortably in their later years and erase retirement fears, but also could lift lower-income Americans out of poverty for life.
But would it work? GOBankingRates asked ChatGPT if universal basic income could replace Social Security, and here’s what it said.
When asked the straightforward question, with no background in the prompt, “Could universal basic income ever replace Social Security?” ChatGPT offered a simple, well-organized answer.
“That’s a big, fascinating question — and the short answer is: not easily, and not anytime soon,” it said.
However, it added, “UBI isn’t a miracle cure or a looming catastrophe — it’s a tool with real potential, if designed carefully and funded wisely.”
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