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Elon Musk turned heads Friday when he instructed 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 take care of unemployment brought on by AI,” Musk mentioned 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 is not going to 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 through the World Financial Discussion board (WEF) annual assembly in Davos on Jan. 22, 2026. (Fabrice COFFRINI / AFP by way of Getty Pictures)
Many economists, nonetheless, disagreed.
“He’s so incorrect on this,” wrote Sanjeev Sanyal, the previous prime financial advisor to India’s Minister of Finance.
“AI will definitely trigger dislocation, however like all know-how it’ll additionally create new jobs and alternatives within the medium time period. AI and robots will even not produce items and providers in extra of cash or demand that there might 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 Pictures)
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 Revenue) would not add up. If everybody will get a excessive revenue test, everybody’s competing for a similar homes, land, faculties, 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 the same thought of Common Fundamental Revenue (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 Companies: The Pressing Want for AAPI Management” panel through the TAAF Heritage Month Summit at The Glasshouse on Could 5, 2023, in New York Metropolis. (JP Yim/Getty Pictures 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 fundamental wants whereas persevering with to work, many who promote UHI preach a departure from the necessity to work solely.
