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Larry Ellison says AI will bring universal income
Original: larry ellison
Oracle co-founder Larry Ellison says artificial intelligence will usher in an era of universal income, arguing that AI-driven productivity will make everyone wealthier rather than eliminating jobs. His remarks add to an ongoing debate among tech leaders about whether AI will broadly share its economic gains or concentrate them, drawing attention given Oracle's central role in the AI infrastructure boom.
Why now: Tech executives' bold predictions about AI's economic impact are fueling debate about jobs and wealth distribution
Evidence
- AI will bring in universal income and everyone will get wealthier, Oracle's Larry Ellison says · The National
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