FILTERED RESULTS
FILTERS
Ads Top
•
·
·
FILTERED RESULTS
FTSE 100 today: Stocks slip on rising Middle East tensions, oil rebound
German industry faces stagnation in 2026, BDI says
Asteroid Shiba (ASTEROID) Explodes 920% After Musk Confirms SpaceX Mascot Status
Saxo Sees 'Confusion' Reigning in Oil Markets (Video)
ORIENT SECURITIES BUYOUT TO CREATE US$85B BROKERAGE AMID CONSOLIDATION PUSH-ft...
Economist Mark Zandi Puts A Price On The Iran War: $21 Billion In Higher Gas Costs For Americans
China’s Silver Imports Jump to Record on Retail and Solar Demand
Middle East crisis: Oil rebounds as Iran threatens to retaliate for US attack on cargo ship
Chevron (CVX) Stock: Falls on Crude Selloff as Gulf Shipping Tensions Return
According to Vedomosti, Iran’s envoy in Moscow has denied claims that Russia is providing...
William Hill Owner Evoke in Takeover Talks With Bally’s Intralot
Japanese 20-Year Government Bond Yield Declines
Bitcoin Shows Resilience as U.S.-Iran Tensions Drive Oil Prices Higher and Stocks Lower
'Head-In-The-Sand Delusional:' Investor Gary Black Warns Tesla May Not Capture Robotaxi Demand Despite Scaling Push
European shares set to open lower as hopes for US-Iran peace fade
Japan stocks higher at close of trade; Nikkei 225 up 0.69%
German producer prices fall 0.2% in March, beat forecasts
Saudi Energy and Acwa to spend $3bn on Mecca power plant
Iranian envoy in Moscow states that national unity has strengthened and resolve remains firm,...
Tesla (TSLA) Stock: Expands Robotaxi Service to Dallas and Houston Amid Safety Scrutiny
Iranian envoy in Moscow claims that recent U.S. and Israeli strikes on Iran did not achieve their...
Ethereum (ETH) Price Falls 8% Amid Geopolitical Tensions — Key Support Zones to Monitor
XRP Sees $1.08B in ETF Assets While Solana wXRP Launch Triggers Security Concerns
Palantir (PLTR) Stock: Slides After Controversial 22-Point Ideology Post Sparks Debate on AI and Defense Role
Horizons Middle East & Africa 4/20/2026 (Video)
Hedge Funds Turn Bullish on Cotton for First Time in Two Years
Oman-UAE rail network is 40% complete
Taiwan Semiconductor (TSM) Stock: Advances with 1.4nm Breakthrough and Strong AI Demand
Nxera Pharma Secures $10 Million Milestone Payment from AbbVie
TD Cowen Lowers BP Price Target by $2
Raytheon Scheduled to Report Earnings This Tuesday
Israel's Military Issues Warning to Civilians Near Litani River and Wadi Saluki
German producer prices fall 0.2% y/y in March
Oman plans $1bn in food self-sufficiency projects this year
Aldar to build 9,000 ‘affordable’ units for leasing in Abu Dhabi
State Street Corp sees its price target lifted to $175 by KBW, up from $157....
UniCredit Urges Commerzbank Overhaul as It Steps Up Pursuit
Israel’s military cautions civilians against nearing the Litani River, Wadi Saluki, and surrounding...
Google (GOOGL) Stock: Advances Custom AI Chips in Talks with Marvell Technology
Fermi Inc. Announces "Fermi 2.0" Strategic Evolution, New Board Chairman, Leadership Transitions, and New Office Locations
German Producer Prices Experience Significant Increase in March
Tencent Partners with Kaspi.kz in Major Investment Deal
Intuitive Surgical Set to Report Q1 Earnings
Regeneron Expands Dupixent Indications and Partners with Telix Pharmaceuticals
Danaher Set to Release Q1 Earnings Report
XPeng Experiences Recent Share Price Decline Amid Mixed Growth Signals
Major Oil Companies Invest Billions in New Exploration Ventures
Israeli Forces Advise Residents in Southern Lebanon to Stay North of Marked Line
Israel Issues Advisory Against Returning to Southern Lebanon Border Villages
Economist Slams Musk's Universal High Income Plan To Combat AI Job Losses As Fiscally Reckless— 'He Is So Wrong..'
Sanjeev Sanyal, an economist and senior policy adviser to the Indian government, has pushed back sharply against Elon Musk’s proposal to address AI-driven unemployment through universal high income, calling it economically flawed and fiscally dangerous.
A Plan Built On Faulty Assumptions
Musk, the CEO of Tesla Inc. (NASDAQ:TSLA) and SpaceX, posted on X that universal high income funded through federal government checks is “the best way to deal with unemployment caused by AI.” He argued that AI and robotics would produce goods and services far in excess of money supply growth, keeping inflation in check.
The idea aligns with Musk's broader view that AI and robotics could eventually eliminate scarcity. In earlier posts, he suggested these technologies could make everyone wealthy and described a future where traditional work becomes optional.
Sanyal flatly rejected both claims.
Source: Benzinga