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May 2, 2018

Elon Musk: Automation Will Force Governments to Introduce Universal Basic Income

Posted by in categories: economics, Elon Musk, government, robotics/AI

Recently, Elon Musk had the chance to share his thoughts on universal basic income (UBI) at the World Government Summit in Dubai. At the Summit, Musk had the opportunity to talk about the future, and the challenges the world will face in the next hundred years – including artificial intelligence (AI), automation, and the job displacement expected to come with it.

When asked about the challenges civilization is set to face in the near future, Musk began by noting the threat of artificial intelligences that surpass humanity.

He stated, “deep artificial intelligence, or artificial general intelligence, where you can have artificial intelligence that is much smarter than the smartest human on Earth, this is a dangerous situation.”

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