Silicon Valley socialism invites skepticism

At the Saudi-US Investment Forum in November, Elon Musk sketched a future in which artificial intelligence and humanoid robots will do almost all the work. Money, he suggested, will become almost irrelevant. Jobs will be “optional,” more like hobbies such as gardening. Machines will have ended poverty because everyone will receive a “universal high income” from the state. Musk is hardly the only tech titan with this vision of the future.

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