Obama's top economic adviser doesn't like the idea of giving people money not to work

President Obama's top economic adviser does not sound too excited about universal basic income. In a speech at New York University on Thursday, Jason Furman -- the chair of the president's Council of Economic Advisers -- talked about artificial intelligence and the effect it is having, and will have, on the US economy. And when one mentions AI, the subject of universal basic income (UBI) is often not far behind. UBI is more or less exactly what it sounds like: You give every citizen a set amount of money, whether they work or not. But Furman, despite declaring at the top of his speech that he worries we're not utilizing robots and AI enough in the US, said a solution for any future economic tension created by the proliferation of robotics is unlikely to come in giving every citizen money.