⚡🇺🇸 NEW - Elon explains Universal High Income and gets called out by Peter Diamandis
ELON MUSK: “We’re going to have Universal High Income. We’ll basically just issue money to people. We’re going to have deflation. AI and robots are going to make so much stuff that they’ll run out of things to do for the humans. Money will stop being relevant at some point in the future.
DIAMANDIS: “So just as you’re becoming a multi trillionaire money starts to have less value?”
ELON: “Yeah pretty much.”
ELON MUSK: “We’re going to have Universal High Income. We’ll basically just issue money to people. We’re going to have deflation. AI and robots are going to make so much stuff that they’ll run out of things to do for the humans. Money will stop being relevant at some point in the future.
DIAMANDIS: “So just as you’re becoming a multi trillionaire money starts to have less value?”
ELON: “Yeah pretty much.”
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