Published Aug 26, 2026, 7:59 PM ET · Updated 3 months ago · 1 source

AI will lead to 90% unemployment and a UBI-funded economy by 2036

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Original Report

Elon Musk predicts that by 2036, AI will automate most jobs, leading to 90% unemployment. This hyper-efficient, AI-driven economy will generate immense wealth, which will be taxed to fund a Universal Basic Income (UBI), allowing individuals to pursue passion-driven activities rather than working for money.