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International Business Times UK

Technology

Niloy Chakrabarti

Elon Musk Backs Chamath's Bold AI Thesis: Universal High Income and Optional Work

Elon Musk Chamath Palihapitiya Economy Robots

Musk and Chamath agree that cheaper AI and information will expand, not reduce, work opportunities, paving the way for universal high income. (Credit: REUTERS/Lucy Nicholson)

Elon Musk once again reiterated his view that AI will eliminate scarcity and make traditional work optional. In response to Chamath Palihapitiya's detailed vision of an AI future on X, highlighting the falling cost of AI and work becoming optional through renting expertise, Musk said AI combined with robots will be able to carry out all kinds of tasks.

'AI+Robots will be able to do everything, resulting in universal high income. Work will be optional.'

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