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Elon Musk Predicts Universal High Income

Summary by Coinfomania
Elon Musk has mentioned that he might soon be able to save money because it will not be necessary. He foresaw that universal high income will be used instead of traditional wages. As such, he maintained that poverty will not exist anymore. He attributed this to the fast advancement in AI. Most of the labor will be automated. The productivity will explode in sectors. Consequently, there will be increased income distribution. Elon Musk says there …
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Coinfomania broke the news in on Tuesday, February 3, 2026.
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