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Elon Musk Says AI And Robotics Will Change Everything: 'Everyone Can Have A Penthouse If They Want' [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla (NASDAQ: TSLA ) CEO Elon Musk is making a bold case for a future where artificial intelligence doesn't just improve the economy, but completely reshapes it to the point where even luxury living, like penthouses, could become widely accessible. In a series of posts on X over Friday and Saturday, Musk argued that widespread unemployment caused by AI could be solved with government-issued income, saying that “ universal high income via checks issued by the Federal government is the best way to deal with unemployment caused by AI.” Don't Miss: NVIDIA & Tesla Steal the Spotlight — RAD Intel Emerges as an AI Stock Worth Watching The Smartphone Disruptor Turning App Time Into Income Opens $0.50/Share Pre-IPO Round With Limited Bonus Share Access Why Musk Thinks Inflation Won't Be A Problem At the center of Musk's argument is a key assumption: AI and robotics will dramatically increase the production of goods and services. “AI/robotics will produce goods & services far in
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