> In a world with targeted advertising and unprecedented advertising I'm confident basic income would be counter productive for those who actually need it.
Forgive me if this wasn't your intention, but it seems like you're asserting that poorer people are uniquely unable to determine their needs?
> If giving everyone X works, why not 2X? 3X?
The amount you give people relative to their income in aggregate affects the economy, right? If you gave everyone $12,000 a year, the consequences would be vastly different than if you gave everyone $12,000,000,000,000 a year.