Comment on Vinod Khosla says universal basic income may be needed as AI takes over jobs and drives wealth disparity

Vinod Khosla says universal basic income may be needed as AI takes over jobs and drives wealth disparity

Investor Vinod Khosla said universal basic income might be necessary as artificial intelligence takes on more of the work humans do.Patrick T. Fallon/AFP via Getty ImagesSilicon Valley investor Vinod Khosla says AI will handle 80% of work in 80% of jobs.Khosla argues AI will reduce labor value, making expertise nearly free and driving down costs.He said the resulting disruptions to the labor market help make the case for universal basic income.Famed Silicon Valley investor Vinod Khosla thinks artificial intelligence will be able to do 80% of the work of 80% of jobs.That will mean humans have a lot more free time because the value of our labor will fall.

 

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