I’ll answer you: people buy their stuff.
What happens if nobody has jobs? Oh, that’s right! Nobody’s buying stuff.
Then what happens? Oh yeah! Billionaires get poorer.
There’s a very rational, self-interested reason sama has been running UBI pilots and Elon is also talking about UBI - the only way they keep more money flowing into their pockets is if the largest number of people have disposable income.
> Then what happens? Oh yeah! Billionaires get poorer.
Or they pivot to businesses that don't depend on consumers buying stuff.
Or pivot away from business entirely, into a realm of pure power independent of the market and conventional economics.
> There’s a very rational, self-interested reason sama has been running UBI pilots and Elon is also talking about UBI - the only way they keep more money flowing into their pockets is if the largest number of people have disposable income.
There's another very rational, self-interested reason for those people to pursue UBI: as a temporary sop to the masses, to keep them passive until they lack the power to resist.
Hence the egregious exaggeration of the title. Even large fractions of the population dying != "Bye Bye Humanity."