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‘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
  • 0 Views
  • 1 min read
In brief

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.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

‘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
‘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

"Essentially, the government is going to take over some fraction of the big tech firms."
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Author
Fortune

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