ReferIndia News Elon Musk floats 'universal high income' to offset AI

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Elon Musk floats 'universal high income' to offset AI

Published on: April 17, 2026, 7:06 p.m. | Source: The Economic Times

Elon Musk suggests universal high income as a solution for job displacement due to artificial intelligence and robotics. He believes AI will boost production significantly, leading to abundance without inflation. Experts and netizens are reacting to this idea, with some seeing it as inevitable and others proposing alternative funding or restrictions on AI development to safeguard human life.

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