Elon Musk, the world's richest person, has reiterated his belief that artificial intelligence (AI) will eventually take over all human jobs, leading to a need for a "universal high income". Speaking at the VivaTech 2024 event in Paris, Musk suggested that humans might find purpose in giving AI meaning. He also revealed that his AI company, xAI, has secured $6 billion in funding and is valued at $18 billion. Despite currently lagging behind industry leaders, Musk believes xAI could be competitive by the end of 2024, and that AI will surpass human abilities by 2025.