Trump's AI czar says UBI-style cash payments are 'not going to happen'

Trump's AI czar says UBI-style cash payments are 'not going to happen'

David Sacks, Trump's AI czar, called government payments like a universal basic income a "fantasy."The Washington Post/The Washington Post via Getty ImagesAI leaders like Elon Musk and Sam Altman have long called for a universal basic income.Rapid advances in AI are already causing job losses in various industries.David Sacks, Trump's AI and cryptocurrency czar, however, called UBI-style payments a "fantasy."Americans probably won't be getting a…

Trump's "AI czar" on UBI and the discussion...

Yet, if in the near future, AI eventually ends up replacing all jobs, then people will have no choice on whether to "stop working" or not.

Sacks says AI’s future is a ‘Rorschach test’ and people see what they want

Trump’s AI czar David Sacks said on June 4th that government UBI welfare was a post-economic order fantasy that was not happening. He pointed out that distributing free money to the public was ultimately unsustainable. Americans probably will not get a universal basic income as long as President Donald Trump’s AI czar has a say. However, UBI has edged its way into the national dialogue in recent months.  Tech executives Elon Musk and Mark Zucker…

Trump AI Czar Sacks on Universal Basic Income: 'It's Not Going To Happen'

David Sacks, President Trump's AI policy advisor, has dismissed the prospect of implementing a universal basic income program, declaring "it's not going to happen" during his tenure. He said: The future of AI has become a Rorschach test where everyone sees what they want. The Left envisions a post-e...