Source link : https://las-vegas-news.com/elon-musk-advocates-universal-high-income-to-offset-ai-job-displacement/
Over 27,000 AI Layoffs Signal Urgent Shifts (Image Credits: Pixabay)
Tesla and SpaceX CEO Elon Musk proposed a sweeping federal solution to impending job losses from artificial intelligence on Friday. He posted on X that universal high income payments from the government offered the optimal response to AI-driven unemployment.[1] The tech leader argued that AI and robotics would generate enough abundance to fund the plan without sparking inflation. His comments arrived as companies announced thousands of AI-linked layoffs this year, fueling national discussions on economic adaptation.
Over 27,000 AI Layoffs Signal Urgent Shifts
Employers revealed more than 27,000 job cuts tied to AI in the first quarter of 2026, marking a 40 percent increase from the prior year.[2] This surge underscored Musk’s warning about technology reshaping the workforce. Consultants at Boston Consulting Group forecasted that 10 to 15 percent of U.S. jobs – potentially 17 million to 25 million positions – could vanish within five years.[3]
Musk tied his proposal directly to these trends. “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI,” he wrote.[4] He followed up that AI and robotics output would outpace any money supply growth, averting price spikes.[3] Such displacement extended beyond factories to offices, where tools automated administrative and analytical roles.
Evolution from UBI to High-Income…
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Author : Matthias Binder
Publish date : 2026-04-18 16:16:00
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