@bosswealthcode: Elon Musk predicts that as AI and robotics take over all labor, the world will shift from "Universal Basic Income" (UBI) to a state of "Universal High Income" (UHI). He envisions a future where goods and services are so abundant and cheap that working becomes entirely optional, akin to a hobby rather than a necessity for survival. Musk's Vision "Universal High Income": Musk argues that UBI (which usually covers only basics) will be replaced by UHI, where everyone has access to a high standard of living including any goods or services they desire. Work as a Hobby: He compares future employment to "growing your own vegetables"—something you do for personal satisfaction even though you could easily "buy" them from the store. End of Scarcity: According to Musk, billions of robots (like Tesla's Optimus) will drive the cost of production near zero, making traditional money and saving for retirement irrelevant. The "Meaning" Crisis: Musk has repeatedly warned that the biggest challenge in this "benign scenario" is not financial, but psychological: how humans will find purpose and meaning if AI can do everything better than they can. #usaentrepreneurs #usafinance #usabusiness #financetips #moneymindset

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Thursday 09 July 2026 19:13:38 GMT