it will come but in decades not a couple of years. Musk is economically logical in his core premise: if human labor becomes obsolete, UBI or a similar wealth-distribution model is the only way to prevent total macroeconomic collapse.
However, his 5-to-10-year timeline is likely too optimistic. While the technology might exist by then, the structural transition—rewriting global tax laws, restructuring central bank mandates, and overcoming the political resistance to "giving away money for free"—historically takes decades, not years.
2026-09-05 00:01:26
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Giordano Bruno :
Elon Musk’s prediction that widespread AI and automation will necessitate a
Universal Basic Income (UBI) is a central debate among modern economists. From the perspectives of macroeconomics, monetary policy, productivity, and fiscal policy, his argument has strong theoretical backing, but it also faces massive execution hurdles.
2026-09-04 23:56:43
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