Elon Musk Pulls DESPERATE Stunt To Spin Job Losses From AI Takeover
April 26, 2026
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6:38Now PlayingElon Musk Pulls DESPERATE Stunt To Spin Job Losses From AI Takeover
YouTube Description
as posted by the channelElon Musk desperately continues to try to spin job losses for Americans to be a good thing as AI takes over more areas with claims that the government will issue monthly checks to people who lost their jobs, despite creating a task force to cut programs that provide benefits and financial aid. John Iadarola and Jayar Jackson break it down on The Damage Report. Leave a comment with your thoughts below!
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Read more here:
Elon Musk Says 'If AI/Robots Increase Output, Then You Must Issue Dollars To People or There Will Be Massive Disinflation'
"Elon Musk has argued that federally funded checks delivering a universal high income are his preferred response to job losses tied to artificial intelligence, framing it as an inflation-safe policy if automation expands real output fast enough. The idea is drawing pushback from economist Sanjeev Sanyal, who in economist slams Musk's universal high income plan called the approach economically unsound and risky for government finances.
In a conversation on X, Musk wrote that handing out more dollars only becomes a problem when the economy's supply of goods and services fails to surge alongside the money supply. Musk's core claim is that AI and robots could lift production so sharply that the bigger risk would be falling prices, not rising ones."
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