I would wager there will be people who will take advantage of the system and use it as a opportunity to not work and laze around all day however those people will be the one who are not particularly productive in their work anyway.
They might find something else to do they might not but that's OK it is an acceptable loss.
On the other end companies which used to take advantage of the job market and the fact that everybody needs a job to survive will have a hard time to find employees since now people can afford to be selective.
When survival is off the table nothing is more important than enjoying your job since you spend a great deal of the day doing it.
Another possibility is part-time work being more sought after since some people may want to work but wouldn't like to spend 8 hours every day doing it.
Overall i believe it will have a positive effect on society if you don't get hung up on the fact that some people will take advantage of it which most politicians tend to do even with the benefit system in the UK.
They might find something else to do they might not but that's OK it is an acceptable loss.
On the other end companies which used to take advantage of the job market and the fact that everybody needs a job to survive will have a hard time to find employees since now people can afford to be selective.
When survival is off the table nothing is more important than enjoying your job since you spend a great deal of the day doing it.
Another possibility is part-time work being more sought after since some people may want to work but wouldn't like to spend 8 hours every day doing it.
Overall i believe it will have a positive effect on society if you don't get hung up on the fact that some people will take advantage of it which most politicians tend to do even with the benefit system in the UK.