Elon Musk Predicts A 'Universal High Income' As Jobs Are Phased Out And Employment Becomes Obsolete — It'll Be 'Somewhat Of An Equalizer'

Elon Musk made some striking predictions about the impact of artificial intelligence (AI) on jobs and income at the inaugural AI Safety Summit in the U.K. in November. The serial entrepreneur and CEO painted a utopian vision where AI renders traditional employment obsolete but provides an “age of abundance” through a system of “universal high income.” “It’s hard to say exactly what that moment is, but there will come a point where no job is needed,” Musk told U.K. Prime Minister Rishi Sunak. “Yo

Can You Guess How Many Americans Actually Retire With a Million Bucks?

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.

Warren Buffett Is Sitting on $168 Billion of Cash. He May Have Just Revealed Why, and It Makes Total Sense.

Warren Buffett provided investors with a long list of sage-like advice in his latest annual shareholder letter.

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  2 Warren Buffett Stocks to Buy Hand Over Fist in March

  Motley Fool
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  New Clues Strongly Suggest This Is the "Confidential Stock" Warren Buffett Has Been Buying

  Motley Fool