The argument was not convincing at all.
He focuses on how UBI will let poor people to consume more. But will it help them produce more? I believe it will, but that needs explaining.
> If we can give companies overwhelming demand so they have to scale up production instead of spending all their money on advertising, we can have both happy companies making profit hand over fist, and happy consumers who get everything they desire.
lol... Consumers won't be able to buy "everything they desire" with UBI. And the UBI will be funded with the taxes payed by the companies, so not all of them will actually make more profit.
> The second solution is some sort of socialism, ...
> If we can give companies overwhelming demand so they have to scale up production instead of spending all their money on advertising, we can have both happy companies making profit hand over fist, and happy consumers who get everything they desire.
lol... Consumers won't be able to buy "everything they desire" with UBI. And the UBI will be funded with the taxes payed by the companies, so not all of them will actually make more profit.
> The second solution is some sort of socialism, ...
And UBI is not "some sort of socialism"? O_o