Elon Musk says Optimus will 'eliminate poverty' in speech after his $1 trillion pay package was approved

Tech Insider : Economy, Economy, Business
Elon Musk is pictured.
"There will be a lot of trauma and disruption along the way," Musk said of the economic future with AI and robotics.

Hamad I Mohammed/Reuters

Ireland plans to make a $1,500 a month basic income for artists permanent

Tech Insider : Economy, Business, Technology
Euros in an envelope
Ireland first launched a three-year basic income experiment in 2022. Now it plans to make it permanent.

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Ray Dalio says AI comes with a big downside: creating a 'bunch of losers'

Tech Insider : Business, Style
Ray Dalio speaks onstage during the 2025 TIME100 Summit at Jazz at Lincoln Center in New York City on April 23, 2025.
Ray Dalio said on Monday that the US "debt bomb problem" can only be solved with a "mix of tax revenue increases and spending decreases that are determined in a bipartisan way."

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Former OpenAI researcher says a $10,000 monthly UBI will be 'feasible' with AI-enabled growth

Tech Insider : Economy, Business, Politics
Stack of money
AI leaders are among the most outspoken supporters of a universal basic income.

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New findings from Sam Altman's basic-income study challenge one of the main arguments against the idea

Tech Insider : Economy, Economy, Business
Sam Altman
Researchers shared new findings from Sam Altman's basic-income study.

Mike Coppola/Getty Images for TIME

What an extra $500 to $1,000 a month did for 8 families

Tech Insider : Economy, Politics, Economy

This tiny country is giving $2,000 to every household as an Exxon oil boom supercharges its economy

Tech Insider : Economy, Economy
US dollars
Guyana's government is tapping its newfound oil wealth to give $2,000 to every household.

Kham/Reuters

Universal basic income pros and cons —according to experts

Tech Insider : Economy
Grocery bag filled with symbols of money, bills, housing, and healthcare
Universal basic income provides recurring cash payments, no strings attached.

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75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.

Tech Insider : Economy, Economy
Artist Torri Hanna
Torri Hanna said the basic income program helped her navigate a tough period of her life.

Torri Hanna

Universal basic income: What UBI is, how it works, how it would affect the economy, and what supporters and critics say

Tech Insider : Economy
a family with young children stands in front of their home
Universal basic income offers people recurring cash payments, no strings attached.

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