Elon Musk dismisses Trump savings accounts, claiming AI will create 'universal high income' and eliminate poverty entirely, ...

Musk envisions a future without the need to save money, claiming technological advancement will solve economic woes.

Imagine a world where every household receives a guaranteed monthly income, no strings attached. Now, contrast that with a future dominated by artificial intelligence (AI), where machines transform ...

As Americans grapple with persistent inflation and the looming threat of job displacement from artificial intelligence, an old idea is gaining new momentum: Universal Basic Income (UBI). The concept ...

It’s a straightforward thought, and, at first glance, it seems reasonable: replace Social Security with a universal basic income (UBI). It not only could help lower-income retirees live more ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Lakshmi Varanasi Every time Lakshmi publishes a story, you’ll get an alert straight to your ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Allie Kelly Every time Allie publishes a story, you’ll get an alert straight to your inbox!

The idea of a universal basic income—a taxpayer-funded minimum monthly payment meant to reduce poverty and improve opportunity—is alluring. That’s especially true for low-income mothers of newborns.