It's like being in a union job but without the union benefits to the worker. But you do with the minimum you can get away with because although the prospects for a bad job market are high, there are currently few takers for open positions, so your employer will stick with you because your preplacement will likely be as unmotivated.

I think this bodes ill for Basic Income --it looks like it totally demotivates people and people are more than willing to "just get by" and then not pursue "their true intellectual pursuits".