Elon Musk Predicts Jobs Will Become Obsolete — But He Foresees A ‘High Universal Income’ That Acts As An Equalizer

Elon Musk Predicts Jobs Will Become Obsolete — But He Foresees A 'High Universal Income' That Acts As An Equalizer

Imagine a world where traditional jobs become obsolete, yet everyone enjoys a high standard of living. This isn’t a plot from a science fiction novel; it’s the future envisioned by tech mogul Elon Musk .

Speaking at the inaugural AI Safety Summit in the U.K. in November, the entrepreneur and CEO envisioned a future where AI makes traditional employment obsolete but ushers in an "age of abundance" through a system of "universal high income." While AI will replace jobs, Musk doesn’t think people will be left scrambling to find ways to survive financially.

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