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Musk announced that "high-income people" would donate $10.5 billion to "children".

Musk announced plans to give one share of SpaceX to every child in the United States by 2027. According to 72 million U.S. minors, that's about 0.546% of SpaceX's shares, worth about $10.5 billion. It's a new world contract. What's more, Musk himself corr

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  It's the first time in the history of the world.

Musk announced plans to donate a share of SpaceX to every child in the United States by 2027.

According to 72 million U.S. minors, that's about 0.546% of SpaceX's shares, worth about $10.5 billion.

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It is a new world covenant.

What's more, Musk personally corrected a long-held misconception.

According to netizens, this is the beginning of the "UBI Basic Income for All".

Musk coldly replied: "No, it is Universal High Income, UHI".

In a word, the sky's the limit.

AI is starting to send you money.

On October 19, please remember this day.

The narrative logic of Silicon Valley is that a fundamental reversal took place on this day.

It's not about arithmetic, it's not about parameters, it's not about model runs.How do you share the wealth created by AI?"

The end of the AI era has finally revealed the bottom line.

Anthropic's public benefit fund

The cause of everything came from another AI giant, Anthropic.

The AI super unicorn, which sells for "security", has issued an announcement:

They announced a one-time investment of 5% in the Anthropic Public Interest Fund.

The goal is clear: AI will make too much money in the future. This money cannot be taken away entirely by a small number of investors.

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It sounds great, it's utopian, it's Silicon Valley.

But it's a charity from above.

Set up a fund, find an elite group to manage, and then decide how to spend the money where it's "good for the public".

Musk saw it. But he didn't look at it. He nodded.

His logic is simple and rough: don't make any funds, don't let the middleman price the difference.

The company's shares are sold directly to the public.

Then he decided to do it himself first.

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Musk's nuclear bomb, 72 million shares of SpaceX

It's Musk's style when it comes to doing it.

He then announced his plan to give SpaceX shares to children all over the United States next year (2027).

According to statistics, there are approximately 72 million minors in the United States. According to current estimates, Musk's stake is worth about $10.5 billion.

Musk is reportedly not the first company executive to pledge to donate SpaceX shares.

In July, SpaceX Chief Operating Officer Gwynne Shotwell said she had donated nearly $300 million worth of SpaceX shares.

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Why SpaceX?

Because SpaceX is not just a company; it's a ticket to humanity's multi-planet species.

What happens when 72 million kids, everyone owns a SpaceX?

They became shareholders. They were tied to the Star-Spangled Banner. They were tied to Musk's business empire.

More importantly, it breaks down the traditional barriers to wealth distribution.

Previously, the highest-quality unicorn shares belonged only to Wall Street. Only to venture capital firms.

The average person can only wait for it to be put on the market and go to the secondary market.

Now, Musk is rolling over the table.

He put the most core, the most potent assets, directly into the pockets of ordinary children.

This is a slowdown in the traditional financial system.

This proves one thing: in the face of AI and supertechnology, the old distribution rules should be swept away in the historical garbage heap.

From UBI to UHI, tearing apart the hypocrisy of "basic income"

In this news, netizens vittorio excitedly commented: "This is the beginning of the universal basic income (UBI)".

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UBI, Silicon Valley is a hot topic.

Ottman, the founder of OpenAI, is a fan of UBI's iron bars.

Through the nonprofit organization OpenResearch, he funded one of the largest unconditional cash transfer experiments in the U.S. to date: from November 2020 to October 2023, about 1,000 low-income adults in Illinois and Texas (ages 21 to 40, household income around $30,000) received $1,000 per month (unconditionally, with no additional requirements) and about 2,000 control groups received only $50 per month.

The total budget was about $60 million, of which about $14 million was contributed by Ottoman individuals and OpenAI, among others.

What is the subtitle of UBI? "Basic" and "Survival".

AI takes your job, you don't eat. AI giant is merciful and gives you a little money every month.

So that you will never die of hunger. So that you can afford to buy bread. So that you will stay quietly at home and do not go out into the streets.

This is a story that Musk is extremely opposed to.

He directly corrected the netizens: "universal high income".

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At the bottom of Musk's eyes, there is no "hard-living", only "abundant material".

What is the national high income?

It's not the government's crazy stamp that sends you $100,000 a month.

If that were the case, it would only lead to inflation. A cup of coffee would sell for 10,000.

In the words of Musk, "high income" is at the heart of this.The absolute explosion of purchasing power。

This involves a very basic economic logic:Costs collapsed。

Musk has been promoting: Optimus: Robot + Grock Super AI, where robots can work 24 hours a day without interruption, and production costs plummet when labor costs are infinitely close to zero.

In the past, it cost $1 million to build a house. In the future, it could be as little as $10,000.

In the past, a visit to a top expert cost $1,000. In the future, AI doctors only get 1 cent, or even free.

It's called the "Golden Age".

The supply of goods and services will be unlimited.

In an economy like this, even if you have a few thousand dollars in your account, your quality of life will surpass today's billionaires.

You enjoy the best AI private doctors, the safest self-driving journeys, the cheapest and highest quality housing.

This may be the truth of the "high national income" in Musk's eyes.

It's about taking the cost of living of the whole world to the floor and letting you jump automatically into the high-income class.

The story shifts, the final game of the second half

If you understand all this, you will understand what the 19th of October really means.

The battlefield of AI giants has shifted.

In the first half, they turned the technology around.

GPT-6, Claude 5, Grock 3...who has greater parameters, fewer illusions, and stronger logic.

In the second half, they signed a social contract.

The arrival of AGI is no longer a question of "will it be" but a question of "which day".

The giants are well aware that when the AGI comes, the existing human economic system will collapse instantly.

Capital and computing have the potential to monopolise 99% of output.

If the wealth is not distributed, the society will be torn apart. The giants will become the arrows of the people.

So, sharing money is inevitable. How to divide? This is the focus of the new battlefield.

Anthropic chose "institutionalized distribution" to create a public benefit fund.

But it's still the elite making decisions for everyone.

Ottman chose "Cryptocurrency+ Identity Certificate" ("Worldcoin") to distribute tokens through global identity.

This is an extreme point, but it is also subject to privacy disputes.

Musk chose the most barbaric, direct way: "the distribution of nuclear ownership".

He directly issued shares in the world's most valuable corporate entities, directly turning the public into shareholders.

It's a matter of mutual interest and respect.

The cold thoughts behind the festivities

But slowly. High incomes, will it really come tomorrow?

The issue of shares is a promise. It's a few months until 2027.

But how exactly is it implemented, how do we verify the identity of 72 million children, and is the share of that amount covered by the lockdown?

The details of these execution levels are currently blank.

More importantly, what Musk describes as a "cost-crash" world is a long-term prediction.

Rome wasn't built in a day.

It takes time to mass-produce and popularize robots. It takes time to establish laws and regulations. The resistance of established stakeholders is unprecedented.

We have no evidence that the world will immediately enter a golden age in a few months' time.

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There must be a long, painful transition before dawn.

The new wealth distribution mechanism is still difficult to establish. Musk has drawn a beautiful ending. But the road is destined to be muddy.

 
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