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Sorry Elon, Universal Basic Income Won’t Solve the AI Jobs Apocalypse

Summary by City AM
Traditionally touted by social philosophers and left-wing economists, universal basic income has now found unlikely support in Silicon Valley as AI threatens to wipe out jobs. Eve Nicholson says it won’t work A decade ago, the largest poster ever created was placed on the Plainpalais plaza in Geneva. Printed on its surface was the provocation “What would you do if your income were taken care of?” This was the question put to ordinary Swiss citiz…

2 Articles

This 2026, the idea of universal basic income turns 500 years old. From the pioneer Juan Luis Vives, passing through Tom Paine and Thomas Spence in the xviii century, until reaching Sam Altman and Elon Musk in the xxi century. However, despite the age of its genesis, it had never been as relevant as it is now, since the accelerated advance of Artificial Intelligence and automation brought about precisely by companies such as OpenAI and Tesla thr…

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DPL News broke the news on Monday, August 24, 2026.
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