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Elon Musk turned heads Friday when he advised that the federal authorities paying residents a “common excessive revenue” is one of the best ways to fight AI-related job losses.
“Common HIGH INCOME by way of checks issued by the Federal authorities is one of the best ways to cope with unemployment attributable to AI,” Musk stated in a publish on his personal X platform shortly after midnight Friday morning.
The proposal, which continues to be pinned to the highest of his X account, rebuffed the concept that such funds could be inflationary.
“AI/robotics will produce items & providers far in extra of the rise within the cash provide, so there won’t be inflation,” he wrote.
ANDREW YANG WILL GIVE AWAY $1K PER MONTH TO 20 AMERICANS TO PROMOTE UBI
CEO of SpaceX and Tesla, South African-Canadian-US businessman Elon Musk speaks in the course of the World Financial Discussion board (WEF) annual assembly in Davos on Jan. 22, 2026. (Fabrice COFFRINI / AFP by way of Getty Photos)
Many economists, nonetheless, disagreed.
“He’s so improper on this,” wrote Sanjeev Sanyal, the previous high financial advisor to India’s Minister of Finance.
“AI will definitely trigger dislocation, however like all know-how it is going to additionally create new jobs and alternatives within the medium time period. AI and robots may even not produce items and providers in extra of cash or demand that there shall be no inflation,” he wrote on X.
“Elon Musk’s common excessive revenue will bankrupt any authorities that makes an attempt it,” he concluded.
Tesla CEO Elon Musk attends the memorial service for political activist Charlie Kirk at State Farm Stadium on Sept. 21, 2025, in Glendale, Arizona. (Win McNamee/Getty Photos)
HE INVISIBLE LAYOFF: AI IS QUIETLY LOCKING AMERICANS OUT OF THE JOB MARKET, CEO WARNS
One other skeptic, Pratyush Rai, the co-founder and CEO of Merlin AI, concurred.
“The fundamental math on UHI (Common Excessive Earnings) does not add up. If everybody will get a excessive revenue examine, everybody’s competing for a similar homes, land, colleges, way of life,” he posted on X.
Some, nonetheless, are extra hopeful that the plan might have benefit.
Former Democratic presidential hopeful Andrew Yang chimed in with tepid help. Yang, who popularized an identical thought of Common Fundamental Earnings (UBI) throughout his 2020 marketing campaign, tweeted: “It’s clear that AI will wind up funding common revenue. Let’s make that occur ASAP.”
Andrew Yang participates within the “From Authorities to Firms: The Pressing Want for AAPI Management” panel in the course of the TAAF Heritage Month Summit at The Glasshouse on Could 5, 2023, in New York Metropolis. (JP Yim/Getty Photos for The Asian American Basis)
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Common excessive revenue (UHI) is a major leap from Yang’s UBI. Whereas UBI serves to help an individual’s primary wants whereas persevering with to work, many who promote UHI preach a departure from the necessity to work fully.
