@compliantvc Yeh I believe them AI is cooked due to business model, now remember there is no industry yet for so regulation it'd moving too fast once you have regulation whole nee dustry
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The Dark Elf
4.6K posts
Just spoke with dozens of European VCs
They all agreed: AI is over
No one is putting money into AI startups anymore
OpenAI is likely going bankrupt
I asked what the next big thing is
They all answered in unison:
Regulation.
And the hot spot for the best regulations?
Europe.
Meanwhile, America is getting left behind
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@GmorganJr Oh well understand it all right but it's laughable due to the probability of historic trend , hoarding of rich at 0.1% will take place
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I see a lot of comments from people who obviously don’t understand his argument.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@elonmusk @Not_the_Bee Just give me the Option of not to work so I can stay home and enjoyed t countrywide walks with my family and dog
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Actually, AI/Robotics will mean everyone can have a penthouse if they want. The output of goods & services will be several orders of magnitude higher than today’s economy.
Read the Iain Banks Culture books for the best imagining of how it will be.
That said, what is the future you want? Amazing abundance seems the best to me.
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@robertoblake That used to be true. But the curve has changed, we're at the knee of the singularity.
Dunno when, don't even know IF it every pans out that way. But whatever change is coming, its coming super fast now.
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Good morning.
I think many economists are struggling with this. Because yes, yes "if everyone is a millionaire, nobody is." and "increased productivity does not mean increased wages historically" etc.
This is a common fallacy. I dunno if it has a name, but it's where everyone assumes current conditions remain the same, then base their argument against the future based on everything remaining the same.
The one thing we do know, nothing remains the same. Elon is not looking at world where we still have regular jobs, regular companies even, or even ...dare I say it...money as we know it.
It's a very difficult future to see, and it could go many ways. Many bad ways too. In fact, I sometimes feel like Dr. Strange, peering into the the future of endless bad outcomes, only seeing a few good ones. I'm sure Elon feels it even worse.
I don't think money is going to matter in the future, and that UBI is just a stepping stone to ease the transition to a very strange post-scarcity world. A world where everything is provided to you, and the only input that matters is energy.
Every argument against the future, or prediction of the future, must be weighed against this new tapestry of future conditions, which will be radically different.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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Her people eat boiled fetus and deep fried donkey balls for fucks sake. 🤣🤣
Tiffany Fong@TiffanyFong
British people disgust me.
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@Zigmanfreud Same he's gone from intelligent to dumb or just playing god mode and lying
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This “Universal High Income” idea is SO catastrophically bad that it makes me question EVERYTHING about Elon Musk…
This is unworkable, & would cause massive inflation, fundamentally destroying the incentive structure of our society (COVID Panic on steroids).
I’d like to believe Elon has fallen for this idiocy because he simply doesn’t understand normal humans and he craves free time.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@JoelWBerry All of which will be low paid
The one corporate or law job on £120k a year now becomes 5 lame AI slop jobs on 18k a year
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This won’t be necessary.
For every job lost to AI, 5 new jobs will be created—many of them will be jobs we’ve never even heard of that could’ve never existed without AI.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
English
who is actually winning the AI race
OpenAI — $25B revenue but still not profitable
Anthropic — best model, just scared every government on earth
Google — most resources, losing to everyone on vibes
Meta — spending $130B and still playing catchup
xAI — Elon promised to match everyone by 2026
be honest
who wins
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@davidicke Im.sorry David for ever doubting you ...you have been right about Elon all this time ...we are screwed
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The Cult gofer fraud is sales-pitching AI dystopia and AI-human fusion and wants us to believe that he and his fellow billionaires want to share their AI wealth with the population when they and their Cult predecessors have been screwing and enslaving humanity since ancient times. A change of 'heart' (what's that?) now? You must be joking.
Decensored News@decensorednews
FLASHBACK: Transhumanist billionaire and Pentagon contractor Elon Musk is delivering his usual talking points about how AI and humanoid robots -- two technologies he’s heavily involved with -- will usher in an era of “amazing abundance” and “saturate all human needs” when Larry Fink interrupts to ask: “But how do you then have human purpose in that scenario?” "Yeah, the-- I mean, you know, there’s-- nothing, nothing’s perfect, you know?” Musk stammers before returning to his sales pitch. This was just a few months ago at Davos 2026:
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@lorahmoe Poor women she must have had a bad experience most of us just wanna work hard protect and provide
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@unlimited_ls The thing is with power it corrupts and they get lazy money can't win this one they will underestimate the underclass and thing robotics will keep them safe ... All things electric have a failure rate ..humans will be underestimated
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Universal HIGH INCOME ends the era of wage slavery. No more trading health and hours for mere survival… people gain real personal time, reduced stress, improved mental and physical well-being, and the freedom to pursue truly productive passions that AI alone cannot replicate🔥
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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@cb_doge Only solution is to employ people mandatory freeze at a certain unemployment level cap.
Example want to sell to UK population, need to register a business in UK and a % of your revenue goes to employees that need to be hired
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“We'll have universal high income. We're basically just issuing money to people, and just because the output of Business Services will so far exceed the money supply, that effectively you have deflation, because deflation is just the ratio of the outputs of goods and services to the money supply.
If the rate of growth of goods and services exceeds the rate of growth of the money supply, which I predict will happen, then you will have deflation.”
- Elon Musk
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@farzyness You think this will happen ? History mate look it repeats
This is the death spiral why do you think data centers in space ? So we can't attack them .. AI and robotics become our overlord and we live in slums dying and fighting
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I couldn't agree more - and something that is so abundantly obvious the more you think about it.
AI - both physical and digital - plummets the cost of labor. It starts with the digital realm - basically white collar work.
This will look like AI agents that can do the job of a human at a fraction of the cost, in a fraction of the time, multiple times faster. Over time, it will transition to humanoid robots that will do the same, but in the physical world.
Yes - there will be people that will take these tools and build incredible businesses with them - but the number of people that will do this will be VASTLY SMALLER than the number of people who don't - or simply can't - in the short to medium term.
That means that many people will become economically unfeasible in the current landscape of work as we transition from a pre-AI world to a post-AI world. This is because humans CANNOT COMPETE AGAINST ROBOTS WHEN IT COMES TO LABOR.
Robots - digital and physical - never get tired, execute at an extremely high level, work multiple times faster, and because of AI, learn faster than any human ever could.
The ONLY WAY to transition to a post-AI world without civilizational collapse - aka mass unrest and riots due to a ridiculously widening wealth gap - is by giving people TIME to adjust to the new world.
The most sensible & efficient way to do this is with UBI (or UHI as Elon calls it) - either in the form of a negative income tax (you get paid if you make below a certain income) or through UBI that is not means tested (you get a check in the mail regardless of how much money you make).
And it can't be some crappy amount either - we're talking tens of thousands of dollars a year. Basically unemployment benefits++ for an extended period of time.
There's literally no other way to transition cleanly. Otherwise you're going to have mass unemployment on one side for people who do not have the ability to deploy AI to do their bidding, and a gigantic accrual of wealth on the other side for people who can.
The rich will literally get richer, and the poor will literally get poorer - unless the government steps in and evens out the playing field - or at the very least prevents the floor from falling out from underneath us all - until we make it out on the other side.
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
English
@justalexoki Elon needs to promise the grand future
So that once there and everyone slaves and fighting they can rid the world and live as gods
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so there's about 3.5 million truckers in the US. I assume ~all of them will be unemployed as soon as autonomous trucks are deployed
3m*50k=150 billion dollars. a year. where is that money gonna come from?
Elon Musk@elonmusk
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
English
@skumWgmi As with everything it's a balance , you need to save for retirement because of you make it to like 75+ you won't be able to work
But also need to live life without debt
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My uncle saved $800,000 for retirement.
Lived on nothing for 30 years to do it.
Brown bag lunches.
No Vacations.
Same car for 14 years.
Clipped coupons until the very end.
Died with $800,000 in the bank.
His kids split it.
Spent it in 18 months.
He saved 30 years of living for people who spent it in a year and a half without thinking about him while they did.
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@TheCriticalDri2 That's lake bled, beautiful I have actually swam with my mate to the middle church
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Slovenia. Not a bad place to spend a couple of days.
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