I think this touches upon one of the biggest weaknesses of the current economic system. We systematically waste the human capability of millions of people because the system essentially randomly gives much better opportunity to some over others. Meritocracy somewhat exists but mostly to the extent that people can maximize the opportunity they've drawn as their lot in life.
I like the idea of Basic Income, but it's a somewhat limited solution to capping how far down someone can fall in society - what would really supercharge a future economy is opening up avenues to truly distributing equal opportunity. Wealth inequality suppresses this strongly, when people receive better margin of income over the absolute minimum economic allocation of their wages, they can then allocate their own wealth from their personal outlook in multiple ways - including starting businesses which may change the world.
I like the idea of Basic Income, but it's a somewhat limited solution to capping how far down someone can fall in society - what would really supercharge a future economy is opening up avenues to truly distributing equal opportunity. Wealth inequality suppresses this strongly, when people receive better margin of income over the absolute minimum economic allocation of their wages, they can then allocate their own wealth from their personal outlook in multiple ways - including starting businesses which may change the world.