Tech billionaire Elon Musk believes that artificial intelligence (AI) will eventually eliminate the need for wage labor. It’s hard to say when that moment will come, “but there will be a point where a job will no longer be necessary,” Musk said in a conversation with British Prime Minister Rishi Sunak after the conclusion of the first international AI security conference in Milton Keynes, England.

In addition to Sunak, Federal Economics Minister Robert Habeck (Greens) and US Vice President Kamala Harris also took part in the summit on Thursday.

Sunak invited the Tesla boss to a panel discussion lasting almost an hour, which was published on his platform X (formerly Twitter). Questions from journalists were not permitted in the format.

Musk was not concerned about social upheavals resulting from job losses due to advances in artificial intelligence. “We’re not going to have universal basic income, we’re going to have universal major income,” he said. The challenge will be to find meaning in life.

Musk’s optimism is not shared by everyone: the high-ranking participants at the AI ​​summit had previously highlighted job losses due to rapidly developing technology as one of four danger areas.