Musk and Altman predict basic income as AI layoffs surge and jobs vanish

Chosun Biz

In the future, no one will work. The probability that a world will come where humans enjoy everything without labor due to the advancement of artificial intelligence (AI) reaches 80%, and everyone will be guaranteed universal high income.”

Elon Musk, the CEO of Tesla, mentioned ‘universal basic income’ during the Viva Technology Conference held in Paris, France, in May, saying this. He explained that with the disappearance of jobs due to the spread of AI, it is highly likely that humanity will live by receiving basic income provided by the government instead of having jobs. Musk previously stated in 2016 that ‘the likelihood of introducing a basic income system due to production automation is high.’ At that time, Musk’s remarks were considered somewhat exaggerated speculation, but with corporations increasingly downsizing their workforce in the era of AI, there are concerns that this could soon become a reality.

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