TECHNOLOGYFORTUNE
‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic
Economist Nouriel Roubini predicts AI will displace large portions of the workforce within 20-25 years, necessitating universal basic income or government-led redistribution (e.g., socialism). He forecasts AI-driven GDP growth of 6%-10% by 2040-2050, with governments taxing AI 'winners' to fund societal redistribution. OpenAI and other AI firms may cede public stakes, as suggested in a Financial Times report.
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