
“Doomsday Doctor” Nouriel Roubini: AI robots will create wealth; universal basic income is inevitable
Economist Nouriel Roubini, known as the “Doctore of Doom,” said in a Bloomberg Television interview on July 18 that within the next 20 to 25 years, as AI and robotics technology advances, large portions of the population could be replaced by machines. A trust fund that the U.S. uses to pay retirement benefits is expected to run out around 2032. Roubini said that a universal basic income (UBI) will ultimately be unavoidable. Roubini: Raising the retirement age cannot address the AI employment sho








