Musk: AI Will Lead to Universal Higher Income (Or Our Destruction)

Artificial intelligence will result in adults earning a basic income, billionaire Elon Musk said.

AI could lead to a world of self-driving vehicles and other computers and machines that replace humans in work settings and perform virtually all physical and mental labor, Business Insider reported.

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When that happens, Musk said adults, regardless of their wealth or employment status, will receive a universal basic income.

"I think the most likely outcome is one of abundance, where goods and services are available to anyone; there's no shortage of goods and services for anyone on earth," Musk told WPP CEO Mark Read this week at the Cannes Lions International Festival of Creativity. "I think that is the mostly likely outcome.

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