The biggest workplace debate of the next decade might not be about asking for a raise. It could be figuring out what to do when the robots have already finished the job.
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When the Robots Finish Before Lunch
Musk said the explosion in AI and robotics won’t simply automate repetitive work. He believes it could eventually produce more goods and services than people could reasonably consume.
“Yeah, it’s basically AI and robots are going to make so much stuff and provide so many services that they will actually run out of things to do for the humans,” Musk told Diamandis.
“They’ll just run out of things to do for the humans,” he continued. “There’s only so much that humans can even express that they want.”
Musk said that if the economy became hundreds or even thousands of times larger than it is today, human demand would eventually hit a ceiling while machines continued producing at extraordinary levels.
Paychecks Without Punching In
That abundance, Musk said, changes the economic equation entirely.
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“I do think we’ll have universal high income,” he said. “We’re basically just issuing money to people.”
Musk explained that the massive increase in goods and services would create deflationary pressure instead of inflation.
“So if the rate of growth of goods and services far exceeds the rate of growth of the money supply,” he continued, “then you will have deflation.”
The comments build on ideas Musk has discussed for years as advances in artificial intelligence accelerate and companies pour billions into automation.
The Gap Between Now and Universal High Income
Musk’s timeline for universal high income is still just that — a timeline. No government is issuing checks because AI hit deflationary abundance. The robots haven’t taken over yet, and until they do, people still need ways to close the gap between what they earn and what they need.
Whether Musk’s vision unfolds exactly as he predicts remains to be seen, but in the meantime, the demand for practical ways to earn extra money isn’t going anywhere — and that’s a need companies like Mode Mobile are built to meet.
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