Indeed, as far as being a basic income source without having to put in effort - this would not function as such. However, the amount of effort required to benefit from it is rather minimal for the vast majority of people. I consider all of the people who write content on unpaid forms of social media, and think that this does end up functioning as a basic income source for activities they would be doing regardless.
Indeed, it is not yet sufficient to provide a livable income for people who live in 1st world countries, but it can indeed be a great source for those in 3rd world countries, plus the program is going to continue to grow. Who knows just how large it's going to be, say, 10 years from now?