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⚡🇺🇸 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.”

💬 9 replies

Replies (9)

Diacone Frost5d ago

In other words: you will be completely dependent on whims of the state and big tech companies. If you do anything we don't like, you won't get credit and we take away your robots. sounds good

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Brunswick5d ago

He is blinded by power and wealth and has lost all connection to reality. Sorry Elon, that's what that amount of money does to people.

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Little Johnny5d ago

Once again, Elon shows his best skill -- creating and controlling narratives. I have a better solution: Every household starts to mine Bitcoin, and that's the Universal High Income.

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Owen Gregory5d ago

I’m stunned at Elon’s naivety and lack historical knowledge. Futurists predicted same shit 65 yrs ago: shorter workweeks higher standard of living. Let me tell you how it’s going to go using cheap imports as an example: $10 for American made PRICE $1 Chinese import PRICE $1 Trans and distrib COST $8 (reduction) $7 TO “Usual Suspects” $9 PRICE to Amerisumer What a deal! But now no living wage jobs available, standard of living declines. Why? The “Usual Suspects.” Prove me wrong.

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Owen Gregory5d ago

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Owen Gregory5d ago

Variation on topic: https://www.youtube.com/watch?v=UXPtdQYOgw8

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