The 20-year-old pro businessman revealed his “money line.”
Dig out your tips and use the “money line”. A simple line tells you when to buy and sell without any guesswork. This is a line on a chart that has helped Nic Chahine win 83% of his options purchases. Here's how he does it.
Billionaire businessman Elon Musk says that artificial intelligence will eventually eliminate the need for human labor.
what happened: During a remote appearance at a conference in Paris on Thursday, Musk was asked about AI's ability to take over jobs, according to a Fox Business report. He replied, “In a normal scenario, none of us would probably have a job. There would be universal high income — not universal basic income, but universal high income. There would be no shortage of goods or services.”
Musk further explained that there is an 80 percent chance that AI development will lead to a future where humans will not need to work and all needs will be met.
He also emphasized that the real question will be about the meaning of life when AI and robots can perform tasks better than humans.
Musk has previously said that AI could become so advanced that it will eliminate the need for human labor.
Also Read: Elon Musk explains why Americans are more active than Europeans in an interesting post.
During the conversation with the British Prime Minister Rishi Sink At the AI Safety Summit in London last fall, Musk remarked, “It's hard to say what the moment is, but there will come a point where jobs won't be needed.”
Why this is important: Musk's comments come amid an ongoing legal battle with him. Sam Altman More than OpenAI. The case has attracted considerable attention, highlighting the intense competition in the AI sector.
Musk's vision of a future dominated by AI is in line with his recent tech projects, including the launch of his new AI chatbot, Grok, which aims to rival the AI models of industry giants. have to do Alphabet Inc (NASDAQ: GOOGL ) and Meta Platforms Inc. (NASDAQ: META).
Grok's introduction underscores Musk's commitment to advancing AI technology. Chatbots have already shown promise, challenging existing AI models and setting a new standard in the industry.
Now read: Days after facing drug trial, Musk says he'd take cocaine if it boosted 'long-term productivity'
This content was developed in part with the help of Benzinga Neuro and reviewed and published by Benzinga editors.
Photo: Shutterstock
The 20-year-old pro businessman revealed his “money line.”
Dig out your tips and use the “money line”. A simple line tells you when to buy and sell without any guesswork. This is a line on a chart that has helped Nic Chahine win 83% of his options purchases. Here's how he does it.
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