Businesses also borrow less, making them less likely to create jobs. Some may cut staff and reduce investment.
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That scrutiny is in stark contrast to the predictions of Khosla or SpaceX and Tesla CEO Elon Musk, who similarly envisions a world a decade or two from now where work is optional and money is less relevant. Musk imagined specialized robots outnumbering human physicians and surgeons, with a universal high income supporting a population that no longer needs to have jobs.