Billionaire entrepreneur Elon Musk says that artificial intelligence will eventually eliminate the need for human labor.
What Happened: During a remote appearance at a conference in Paris on Thursday, Musk was questioned about the potential of AI taking over jobs, according to a report by Fox Business. He responded, "In a benign scenario, probably none of us will have a job. There will be universal high income — not universal basic income but universal high income. There'll be no shortage of goods or services."
Musk further elaborated that there is an 80% chance AI advancements will lead to a future where humans do not need to work and will have all ...