Elon Musk

I think we'll end up doing universal basic income. It's going to be necessary. (source)

I strongly believe that basic income is a better solution than a job guarantee. As automation continues to advance, many jobs will become obsolete. Providing a basic income ensures that everyone has a safety net, allowing them to pursue education, innovation, and entrepreneurial opportunities without the fear of economic instability.

I believe AI will lead to significant job displacement. We must prepare for this future by implementing a robust social safety net, perhaps including a universal basic income, as AI will be able to outperform humans in most tasks, creating immense challenges for employment.

I believe AGI has the potential to create extraordinary levels of abundance. By automating complex tasks and optimizing processes, it can significantly enhance productivity and innovation across various sectors. However, we must ensure AGI is developed and controlled safely to truly benefit from its capabilities.