Tesla boss Elon Musk says cash handouts 'will be necessary' as AI takes over human jobs

Billionaire Elon Musk has said cash handouts'will be necessary' if robots take human jobs, in his latest flurry of tweets. Musk made the comment in response to a question from a Twitter user about whether he supported universal basic income (UBI) - a cash handout that could be given to people irrespective of their employment. Musk believes UBI could be a possible solution for unemployment caused by machines taking over the workforce. Billionaire Elon Musk has said cash handouts'will be necessary' if robots take human jobs, in his latest flurry of tweets A universal basic income would give a standard amount of money to every citizen to cover basic expenses like food and living costs each month. Musk first joined the growing list of tech executives supporting the payment system in 2016 when he spoke about the concept in an interview.