Elon Musk: Basic income will be necessary

Elon Musk: Basic income will be necessary

There are some datapoints that I’ve been picking up on recently that undermine this.

Artificial Intelligence based programs are replacing human traders at hedge funds. Where they’ve been implemented, they’ve been more successful than the human traders. Now this doesn’t affect a lot of people. However these are some of most highly paid individuals on the planet, with very specialized, highly intellectual skills. If computers can replace them, not job is safe.

I also heard something about AI programs now being able to write other AI programs. Think about the effect of that. Waaaaayyyyyyyy on the […]

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