"Is this heaven? No, this is the AI future - well, at least the one where we're not all dead. Wall Street spent most of 2025 worrying about the AI bubble, but increasingly, those in and around Big Tech and AI are discussing a scenario where their wildest dreams have become reality. In this future, work itself is a luxury. A universal basic income, the concept popularized by then-Democratic presidential hopeful Andrew Yang in 2020, would be flipped on its head."
"What if AI doesn't just change the future of work but eliminates it entirely? Elon Musk has referred to this possible future as "universal high income." Musk isn't the only name in tech to ponder just how different work could be in a post-AI world. Is this heaven? No, this is the AI future - well, at least the one where we're not all dead."
Rapid advances in artificial intelligence may eliminate large portions of human labor, transforming employment into an optional luxury. Wall Street focused on an AI bubble throughout 2025 even as Big Tech and AI leaders increasingly imagine a reality of abundant automation and unprecedented wealth. Universal high income is proposed as a consequence of pervasive automation. Universal basic income would be inverted: widespread prosperity would render governmental unemployment support unnecessary. Tech figures like Elon Musk, Bill Gates, and Jensen Huang envision a future where work is largely unnecessary and economic abundance replaces the traditional relationship between labor and livelihood.
Read at Business Insider
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