2026-04-20 12:02:38
Elon Musk thinks “universal high income” could help to mitigate AI-related job losses.
The world’s richest man has taken to social media to address the AI revolution, suggesting one possible way that the US government could help to offset the impact of AI-related unemployment.
The Tesla boss wrote on X: “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.
“AI/robotics will produce goods and services far in excess of the increase in the money supply, so there will not be inflation. (sic)”
Under Musk’s proposal, the US government would regularly send money to citizens to ensure that they have what they need to fund their lifestyles.
However, Peter Diamandis, a leading expert on the topic, has suggested that AI will actually make things cheaper in the long term, meaning that the same amount of money could stretch significantly further in the future.
He recently wrote on Substack: “When AI and robotics collapse the cost of living’s five major categories by more than half, a $3,000/month check that barely covers basics today becomes a genuinely prosperous life.
“The check doesn’t get bigger. The world gets cheaper. That is when UBI becomes UHI. (sic)”
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