Musk pitches federal universal income as answer to AI-driven layoffs

Elon Musk argued on X that universal high income funded by the federal government is the best way to address AI-driven job losses, contending that AI and robotics will produce abundance without triggering inflation. The idea expands on universal basic income, though experts caution that retraining and fair distribution are crucial, and current studies still flag significant potential job displacement in the near future.