Part 4/15:
Drawing parallels with existing resource-based wealth redistribution mechanisms such as Alaska’s oil dividend or Norway’s sovereign wealth fund, Trouy suggests that governments could develop similar structures to counterbalance the economic shifts induced by AI. Elon Musk’s vision of an “age of abundance,” where AI-generated wealth could fund universal basic income (UBI), is pivotal here. Musk’s optimistic stance envisions a future where AI-generated productivity benefits all, providing a form of minimal income or welfare to everyone, thereby mitigating the risk of mass unemployment.