Elon Musk says there’s a ‘pretty good chance’ universal basic income will become reality

Elon Musk says there's a 'pretty good chance' universal basic income will become reality

Thomson Reuters If the trend of robot automation keeps up, millions of humans could lose their jobs by the middle of this century.

According to Elon Musk, the economic solution to that reality could simply be paying people regardless of whether or not they find work — a system of wealth distribution known as universal basic income.

"There’s a pretty good chance we end up with a universal basic income, or something like that, due to automation," the Tesla CEO said i n an interview with CNBC on November 4 . "I’m not sure what else one would do. That’s what […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.