He says the robot is happy to do the boring, dangerous, repetitive tasks that no humans want to do.
"the robot's totally happy to do the boring, dangerous, repetitive task that no, no humans want to do."
Once you have humanoid robots and deep intelligence you can produce essentially unlimited products and services.
"once you once you have uh humanoid robots um and deep intelligence you can basically"
Tens of billions of robots will make anything or provide any service for basically next to nothing, so goods and services become as close to free as possible.
"Goods goods and services will become as close to free"
He treats this as a central question. If humans merge with AI, irrelevance can be addressed the way cars did not make running irrelevant: people still race even though machines are faster.
"we may be able to address the relevance question"
Asked how unemployed people will live when robots replace work, he said there will be universal high income, not merely basic income, and everyone will have the best medical care, food, home, transport and everything else: sustainable abundance.
"There will be universal high income (not merely basic income).
Everyone will have the best medical care, food, home, transport and everything else.
Sustainable abundance."
Digital desk jobs go first "like lightning"; physical work lasts longer. Ultimately working becomes optional, and in a benign scenario there is universal high income, not just UBI, with a lot of disruption along the way.
"working will be optional uh because you'll have robots plus AI"
He said working will be optional in the future and there will be universal high income.
"Working will be optional in the future.
There will be universal high income."
Within less than 20 years working will be optional, like growing your own vegetables.
"working will be optional"
The hard question is how to derive meaning if robots can do everything. Chess shows machines can already beat Magnus Carlsen on a phone, yet chess popularity is at all-time highs — people can still enjoy doing it.
"But yet chess is at all-time highs in popularity"
In 10-20 years work will be optional, like growing vegetables in the backyard; money stops being relevant, with remaining constraints on electricity and mass.
"work will be optional"
He said Optimus will eliminate poverty and provide universal high income for all.
"Optimus will eliminate poverty and provide universal high income for all"
If AI and robotics keep going, they will supply any goods and services people want; work becomes optional. He stresses that is a prediction, not a wish — he would slow AI if he could.
"People people will be able to do whatever they want with their free time. Um work will be optional."
Responding to a list of social programs he could fund, he said Optimus, FSD and AI will provide all the things demanded.
"Ironically, Optimus, FSD and AI will provide all the things this moocher demands"
On a Dell-backed savings account, he said there will be no poverty in the future so no need to save money, and that there will be universal high income.
"It is certainly a nice gesture of the Dells, but there will be no poverty in the future and so no need to save money.
There will be universal high income."