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.