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Musk Calls for Government Cash to Counter AI Job Losses
Musk said federal checks could offset AI layoffs as Ro Khanna and Bernie Sanders pushed billionaires to help fund worker aid.
- On Friday, Tesla and xAI chief executive Elon Musk proposed 'Universal HIGH INCOME' checks, arguing this is the 'best way' to address widespread unemployment triggered by artificial intelligence.
- Boston Consulting Group predicted this month that 10% to 15% of U.S. jobs could be eliminated within five years, marking a notable shift for Musk, who previously spearheaded the Department of Government Efficiency to cut spending.
- Representative Ro Khanna responded by arguing billionaire tech CEOs should fund such programs, while Sanders warned that Amazon founder Jeff Bezos' $100 billion automation plan threatens 600,000 workers.
- The proposal drew more than 11 million views on X, yet University College London researcher James Ransom warned that 'retraining done well preserves agency and self-worth in ways a basic income cannot.'
- Expert Peter Diamandis suggested UHI becomes viable only if AI collapses living costs by half, while Georgetown University-Qatar professor Karl Widerquist cautioned inflation gains could concentrate among the wealthy.
36 Articles
36 Articles
Elon Musk Says 'If AI/Robots Increase Output, Then You Must Issue Dollars To People or There Will Be Mass
Elon Musk has argued that federally funded checks delivering a universal high income are his preferred response to job losses tied to artificial intelligence, framing it as an inflation-safe policy if automation expands real output fast enough.
For those who will remain out of work because of the combination of software and robotics Musk returns to propose state grants: " Productivity will be very high and without inflation" . Similarities and differences (tanto) with the M5s grant.But Elon Musk is Beppe Grillo? With a post following a video interview, yesterday the genius and master of X synthesized his vision of the future not unpublished, but reiterated in a very clear way: "A UNIQU…
SCIENCE & TECH: Elon Musk’s proposal of ‘universal high income’ to combat AI job losses baffles economists
Elon Musk turned heads Friday when he suggested that the federal government paying citizens a “universal high income” is the best way to combat AI-related job losses. “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI,” Musk said in a post on his own X platform shortly after midnight Friday morning. The proposal, which is still pinned to the top of his X account, rebuffed the…
New York Post
Restoring LibertyElon Musk’s proposal of ‘universal high income’ to combat AI job losses baffles economists: ‘So wrong on this’
Elon Musk turned heads Friday when he suggested that the federal government paying citizens a "universal high income" is the best way to combat AI-related job losses.
Hastings Tribune
Elon Musk calls for government cash to counter AI job losses
Elon Musk is calling for the government to guarantee “Universal HIGH INCOME” for Americans to offset looming job losses caused by artificial intelligence.
Musk Backs 'Universal High Income' as Best Way to Counter AI Layoffs
Elon Musk, the world’s richest person, is dominating the news cycle again with his social media post backing “universal high income.” The force behind Starlink, SpaceX, and Tesla said on X that universal high income checks “issued by the Federal government is the best way to deal with unemployment caused by (artificial intelligence).” Musk added that “AI/robotics will produce goods & services far in excess of the increase in the money supply, so…
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