WHAT WOULD HENRY GEORGE SAY?
Discover how the ideas of Henry George are applicable in today's economic discourse!
Elon Musk Says 'If AI/Robots Increase Output, Then You Must Issue Dollars To People or There Will Be Massive Disinflation'
By Bibhu Pattnaik
What Would Henry George Say?
By Dr. Ibrahima Dramé
As AI and robotics continue to reshape markets, a number of CEOs, mostly from the tech world, have spoken in favor of UBI as a policy tool to address potential labor market disruption from predicted changes. Some, like Sam Altman of OpenAI, even funded a UBI experiment that provided cash payments to low-income people to examine their spending habits and employment patterns. This week, Tesla’s activist CEO, Elon Musk, issued another provocative call for a universal high income (UHI) to mitigate the labor market impacts of the growing adoption of AI and robots.
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