Elon Musk: Automation will lead to universal basic income

Feb. 15, 2017
For Musk, the new challenge is finding meaning in life when you remove labor.

Elon Musk is predicting that automation will soon make a universal basic income a necessity according to a report from Fast Company's Jared Lindzon.

"With automation there will come abundance," said Musk at the World Government Summit in Dubai. "Almost everything will get very cheap. I think we'll end up doing universal basic income. It's going to be necessary."

For Musk, the new challenge is finding meaning in life when you remove labor.

(Source: World Government Summit)

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