‘Dr. Doom’ Nouriel Roubini says we’re headed for universal basic income or ‘some form of socialism’ as AI revolutionizes work—He calls that optimistic
- Posted on July 18, 2026
- By Fortune
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- 1 min read
Economist Nouriel Roubini warns that artificial intelligence will fundamentally reshape labor markets, necessitating radical policy interventions. He predicts governments may implement universal basic income or adopt socialist-oriented policies to address technological unemployment. Roubini suggests potential state control over major technology corporations as economies adapt to automation-driven disruption, framing such measures as pragmatic responses rather than ideological choices.
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