26/05/2024
Elon Musk's comments about jobs becoming optional in the future due to AI are often linked with the concept of universal basic income (UBI). Universal basic income is a proposed system in which governments provide all citizens with a regular, unconditional sum of money, regardless of their employment status or other sources of income. The idea behind UBI is to ensure that people have a financial safety net, especially in a world where automation and AI may eliminate traditional jobs.
Musk and other proponents of UBI believe that as advancements in technology lead to increased automation and job displacement, a universal income could help ensure that people are still able to meet their basic needs even if traditional forms of employment become scarce. By providing a basic income to all citizens, UBI could also help stimulate economic activity and support individuals in pursuing education, entrepreneurship, and creative endeavors.
Critics of UBI argue that it could lead to disincentivizing work and creating dependency on government support. There are also concerns about the feasibility and sustainability of implementing such a system on a large scale. As discussions around the future of work and the impact of AI continue, the idea of universal basic income remains a topic of debate and exploration in many countries around the world.
