“That dividend could be much higher if AI accelerates growth, but even if it’s not, $13,500 will have much greater purchasing power than it does now because technology will have greatly reduced the cost of goods and services,” Altman wrote. “And that effective purchasing power will go up dramatically every year.”
Elon Musk has hinted at a similar future. “There is a pretty good chance we end up with a universal basic income, or something like that, due to automation,” Musk told CNBC in 2016.