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1 week ago

Elon Musk backs ‘universal high income’ to combat AI job losses

Elon Musk turned heads Friday when he suggested that the federal government paying citizens a "universal high income" is the best way to combat AI-related job losses."Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI," Musk said in a post on his own X platform shortly after midnight Friday morning.The proposal, which is still pinned to the top of his X account, rebuffed the idea that such payments would be inflationary."AI/robotics will produce goods & services far in excess of the increase in the money supply, so there...

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1 week ago
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