November 09, 2016

Elon Musk and Obama voice support for basic income

Elon Musk again stated his position that robots taking human jobs would continue as technology develops.

"There is a pretty good chance we'll end up with a universal basic income (UBI), or something like that, due to automation," Musk said.

In an interview with WIRED.com, out-going president Barack Obama said in the next 20 years, jobs of all levels will be replaced by AI and there is a discussion to be had about UBI. "Now, whether a universal income is the right model, is it gonna be accepted by a broad base of people?" he said. "That’s a debate that we’ll be having over the next 10 or 20 years."

Nextbigfuture notes that Obama did nothing towards universal basic income for 7.5 years as a policy while President but only mentioned it just before leaving.









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