Elon Musk lays out his argument for universal basic income

Elon Musk lays out his argument for universal basic income

Enlarge Tesla CEO Elon Musk says universal basic income will be necessary as automation takes… more Tesla CEO Elon Musk says universal basic income will be necessary as automation takes over jobs. Tesla CEO Elon Musk says automation will likely put so many people out of work that the government will have no choice but to adopt universal basic income, paying every person a monthly stipend large enough to cover their living expenses with no strings attached.

“I think that there’s a pretty good chance we end up with a universal basic income, or something like that, due to automation […]

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