{"id":10332,"date":"2026-07-19T06:59:52","date_gmt":"2026-07-19T01:59:52","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=10332"},"modified":"2026-07-19T06:59:52","modified_gmt":"2026-07-19T01:59:52","slug":"dr-doom-nouriel-roubini-says-were-headed-for-universal-basic-income-or-some-form-of-socialism-as-ai-revolutionizes-work-he-calls-that-optimistic","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=10332","title":{"rendered":"\u2018Dr. Doom\u2019 Nouriel Roubini says we\u2019re headed for universal basic income or \u2018some form of socialism\u2019 as AI revolutionizes work\u2014He calls that optimistic"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Top economist Nouriel Roubini, who was among the first to predict the 2008 financial crash, earned the nickname &#8220;Dr. Doom&#8221; for his stark warnings, though he has been more upbeat lately.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->And when it comes to artificial intelligence, which has stirred all kinds of apocalyptic predictions, he insists he&#8217;s looking at the brighter side.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->In an <a href=\"https:\/\/www.youtube.com\/watch?v=X_vtXmDesfg\" data-ylk=\"slk:interview%20on%20Bloomberg%20TV;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;interview on Bloomberg TV&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">interview on Bloomberg TV<\/a> on Friday, Roubini was asked about ways to fix Social Security, as the trust fund that helps fund benefits is due to run out of money by 2032.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->He replied that a large chunk of the population will be replaced by AI and robots in the next 20-25 years, so raising the retirement age will not be sufficient.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;Eventually, we need some form of universal basic income for everybody while they work and once they retire,&#8221; Roubini added. &#8220;We&#8217;re already on the way.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->With AI poised to disrupt the labor market, top tech leaders like OpenAI CEO Sam Altman have suggested governments might provide a guaranteed amount of money to people, though he has since <a href=\"https:\/\/www.businessinsider.com\/sam-altman-ubi-universal-basic-income-view-changes-2026-4\" data-ylk=\"slk:backed%20away%20from%20the%20idea;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;backed away from the idea&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">backed away from the idea<\/a>.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Still, the idea persists, and the U.K.&#8217;s minister for investment said early this year that the government is <a href=\"https:\/\/fortune.com\/2026\/02\/01\/elon-musk-optional-work-fantasy-universal-basic-income-uk-minister-jason-stockwood\/\" data-ylk=\"slk:weighing%20the%20introduction%20of%20a%20universal%20basic%20income;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;weighing the introduction of a universal basic income&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">weighing the introduction of a universal basic income<\/a> as a means to support workers in industries where AI threatens to displace them.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->In Roubini&#8217;s view, the AI revolution is the most important in human history in terms of tech innovation, and it will develop into artificial general intelligence, meaning AI will match or exceed human cognitive capabilities.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->That will unlock massive economic growth, he said, with GDP accelerating from 2%-4% by the end of the decade to 6% by 2040 and 10% by 2050. At that point, the government can tax the &#8220;winners&#8221; and redistribute the money to everyone else.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;We&#8217;ll have either ex-post distribution\u2014that is universal basic income\u2014or we&#8217;ll have it ex-ante. Ex-ante means some form of socialism,&#8221; Roubini explained. &#8220;Essentially, the government is going to take over some fraction of the big tech firms.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->He said AI companies are already willing to hand over stakes to the government, alluding to a <a href=\"https:\/\/www.ft.com\/content\/7c803eab-8e80-4431-9a87-e943bf00e00b?syn-25a6b1a6=1\" data-ylk=\"slk:Financial%20Times;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Financial Times&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><em>Financial Times<\/em><\/a><a href=\"https:\/\/www.ft.com\/content\/7c803eab-8e80-4431-9a87-e943bf00e00b?syn-25a6b1a6=1\" data-ylk=\"slk:report;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;report&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"> report<\/a> that said OpenAI has discussed giving 5% as a way for the public to share in the upside of AI.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Altman&#8217;s proposal would entail other AI companies providing similar stakes, although it&#8217;s not clear if his U.S. rivals would be willing to do so.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->As a result, Roubini believes universal basic income or socialism is inevitable, saying &#8220;We&#8217;re going already in that direction, effectively.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->When pressed on his forecast, he denied that it&#8217;s gloomy. On the contrary, he called it optimistic, given that it assumes 10% growth and &#8220;machines doing all the work.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<\/p><\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>Top economist Nouriel Roubini, who was among the first to predict the 2008 financial crash, earned the nickname &#8220;Dr. Doom&#8221; for his stark warnings, though he has been more upbeat lately. And when it comes to artificial intelligence, which has stirred all kinds of apocalyptic predictions, he insists he&#8217;s looking at the brighter side. In&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/lo\/mysterio\/api\/65D2A595E0AF03A9617EA557CD74746E05488524738B3420944782CC6A4B650C\/subgraphmysterio\/resizefill_w1200_h800;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Ffortune_175%2Ff21ac894071ec194e2823a469fa734c0","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-10332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-trending-viral-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/10332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10332"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/10332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/10333"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}