‘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

Economist Nouriel Roubini has predicted that artificial intelligence and robotics will replace a large portion of the workforce within the next 20 to 25 years.

Roubini, known for his pessimistic forecasts and the nickname 'Dr. Doom,' described this scenario as 'optimistic.' He did not specify the exact percentage of jobs at risk but described the share as 'large.' The economist did not propose a specific policy framework or timeline for the transition to UBI or socialism.

The remarks contribute to ongoing debates about the long-term impact of automation on employment. Roubini's projection aligns with other forecasts that suggest significant labor displacement, though economists disagree on both the timeline and the likely policy outcomes. Roubini has previously warned about economic crises and structural shifts caused by technological change.