This sounds great on the surface, but it is a right wing idea from neoliberal Milton Friedman, who advocated this to dismantle the welfare state, so healthcare will have to be paid for in a non collective form. It will also not take into account differences in needs.
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This guys premise is that more jobs are automated with less work, rather than more unemployment- there is more part time work. Retail will disappear due to automation, this trend will continue and affect more middle class jobs as it becomes more complex.
Rather than educate for jobs on high levels which are always scarce. We have to accomodate for the inevitability of less jobs in capitalism (less working hours per capita) and so he advocates creating a society that gets rid of the work ethic, or auto-communism, meaning that all people benefit from automation and receive a universal credit and have more free time.