Elon Musk says government checks are the 'best way' to deal with AI job losses — experts aren't so sure

Elon Musk endorsed government checks as the best response to AI-fueled job losses. Fabrice COFFRINI / AFP via Getty Images Elon Musk says government checks are the "best way" to deal with AI-driven job losses. In an X post, the Tesla and SpaceX CEO called for universal high income enabled by AI and robotics. Past economic growth hasn't eliminated poverty, and people need retraining, not a check, experts said. Elon Musk thinks he has a solution to AI-driven job losses: the government pays fo...

Elon Musk Touts Universal Income As Remedy To AI-Driven Unemployment - Forbes

Elon Musk Touts Universal Income As Remedy To AI-Driven Unemployment  Forbes

Tesla CEO Elon Musk: This is 'best way’ to deal with job losses caused by AI

Elon Musk has again proposed universal high income, suggesting government checks could offset AI-driven job losses. He believes this won't cause inflation, as AI-produced goods will outpace money supply increases. Musk envisions a future free from poverty, where saving money becomes unnecessary due to ample income. However, his ideas have drawn skepticism regarding dependency and fairness.

By TOI TECH DESK