It isn't fake it is the wealth created by AI. Think of it like a national dividend.
Again, we can’t even keep social security solvent, which is basically UBI for old people. It won’t work, the math doesn’t math, and everyone who wants UBI to be a thing just completely ignores this fact.
So frustrating.
Money is a claim on productivity.
In a world where both creation and consumption is by humans, the productivity needs to align with consumption.
Arguably, that is a century since that was the case, so we tax extra productive human beings in order to make sure that everybody can consume.
This trend need to be accelerated as productivity accelerates.
Ubi, negative tax, etc. There are many good ideas on how to fix it.
However,if this discussion annoys you, I would strongly recommend you to learn more about the subject as it is indicative that you have some holes in your knowledge.
Profitable companies. This is incredibly obvious. It is where dividends come from already.
You keep mentioning social security but it isn't comparable as it has a relatively low income cap on payroll taxes and raising this easily makes it solvent.
What is actually frustrating is the wealth of the richest 400 people in the US now equals 20% of GDP. In 1982 it was only 2%. THE MONEY IS THERE!
The money isn’t real, and I think you do understand that.