The Abundance Paradigm: Why AI Forces a Rethinking of Money Itself (opens in new tab)

A Universal Basic Income (UBI) has long been proposed as a way to cushion the blow of jobs lost to automation. Under that model, everyone receives a modest monthly payment – enough to cover basic needs and prevent extreme poverty. But Elon Musk has gone further. On April 16, he posted on X: “Universal HIGH INCOME More The post The Abundance Paradigm: Why AI Forces a Rethinking of Money Itself appeared first on CounterPunch.org.