There is a really easy solution to this that I have never seen suggested. Instead of giving money to everyone for free, why not raise the budgets of research and art institutions? You can get as many people as you want doing physics and making art as you want, all you have to do is give money to CERN.
Now, a pessimist might say that some people can't advance science or art because they lack the capability. I counter with the fact that anyone can do it at some speed, some are just faster than others. If you greatly increased the amount of money the Institute for Advanced Study had, they would be able to bring people on to their staff that were less efficient on a dollars per fundamental insight scale, I.E. you or me.