As counter intuitive as it may seem, the universal basic income is not there to 'eradicate poverty', but a final Neo-liberal hail-Mary to save their socioeconomic market ideology snake that has been eating its own tail.
The universal basic income isn't "there" at all. If our liberal masters are in fact pushing for a universal basic income, they are doing so in such a subtle fashion you'd almost think they opposed it with every fiber of their being.