Part 16/20:
Discussing employment in an AI-dominant economy, Vissa cites Elon Musk’s view that "work will be optional." He elaborates that AI will eliminate the necessity of traditional jobs but will not necessarily eliminate income—thanks to UBI-like social transfer systems that are already in place, albeit unevenly distributed.
He notes that disparities exist, with transfer payments growing at 9% annually, supporting the wealthiest and poorest segments. He suggests that UBI or similar systems will continue evolving, funded by asset appreciation, taxing wealth, and tokenization of real assets.