Elon Musk: The best solution to AI-induced unemployment is "Universal Basic Income," as a leap in productivity will offset inflation risks

ME News Report, April 17 (UTC+8), according to Beating Monitoring, Elon Musk posted on X stating that the “Universal High Income” (UHI) funded by government checks is the best way to address unemployment caused by AI. He believes that products and services produced by AI and robots will far exceed the growth of the money supply, thus not triggering inflation. He has previously mentioned the concept of “Universal Basic Income” (UBI) multiple times, but this time explicitly used the term “High Income,” implying that the explosive productivity driven by AI will fundamentally change the logic of wealth distribution. In his view, the future economic bottleneck will no longer be capacity, but how to ensure that workers who lose traditional jobs still have purchasing power. This perspective continues his idea of a “post-scarcity era,” where robot labor (such as Tesla’s Optimus) will reduce the cost of goods to extremely low levels, supporting social welfare far beyond the survival baseline. (Source: BlockBeats)