Economists push back on Elon Musk's universal high income proposal, warning it could bankrupt governments and fail to prevent AI-driven inflation.

Elon Musk endorsed a "universal high income" in response to AI-driven job losses, and says there won't be inflation due to surging productivity.

Musk has a broader reach than PayPal, analysts say, and his X Money is offering a high 6% interest rate to attract users.

The billionaire's proposal sparks a fiery debate about work, meaning, and moneY.

Follow Elon Musk for news on Tesla, SpaceX, X, AI, and global business. Get updates on his ventures, leadership, and impact across tech and industry.

Taking what is usually considered a progressive stance, the world’s richest man said Uncle Sam should write big checks to Americans to keep us living large even if platforms like Chat GPT, Claude and his own Grok spawn a torrent

Errol Musk says crypto is the future.

Businessman Elon Musk has gone one step further by calling for a "universal HIGH INCOME" to pay for the AI-induced unemployment, which he suggested would be inflation-free thanks to the downward pressure AI will put on prices. Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI.

As conversations around artificial intelligence continue to intensify, concerns about job loss and economic disruption are becoming harder to ignore. This is a harsh truth that people are now facing

After Liv Perrotto’s passing, Elon Musk answered her handwritten questions, turning her idea into a lasting tribute.

Tesla Inc. CEO Elon Musk hit back at critics on Monday as the EV giant outsold all of its rivals in the U.S. domestic market during the first quarter of 2026. Tesla’s Q1 U.S. Sales In a post on the social media platform X on Monday,