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Elon Musk says the US debt problem has only one escape hatch, AI. He said that the only way out of America's deepening fiscal hole is productivity driven by AI and robotics. The national debt reached $38.34 trillion, more than double its value a decade ago, according to data from the US Treasury. AI has not yet boosted productivity enough to push economic output above the pace of inflation, but that's about to change. Musk said the advancements in AI and robotics would bring humans to the point where working is optional, likely in the next two decades. Musk described this outcome as universal high income, a world where productivity is so high, and goods and services so abundant, that people don't have to work to meet their basic needs. Economists have long touted shorter workweeks from tech-enabled productivity boosts.*
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