Elon Musk, CEO of Tesla and SpaceX, advocates for Universal Basic Income (UBI) as AI and robots replace jobs.
Elon Musk, CEO of Tesla and SpaceX, is a strong advocate for Universal Basic Income (UBI), predicting it will become necessary as robots and AI take over many jobs. UBI typically involves recurring cash payments to all adults, regardless of wealth or employment status. Musk believes UBI will provide greater freedom in how individuals spend their time and money, while a highly productive AI-driven economy could lead to high universal incomes.
June 22, 2024
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