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Elon & AI Will Destroy The Middle Class | Why Bitcoin Will Save You | Bitcoin Simply artwork

Elon & AI Will Destroy The Middle Class | Why Bitcoin Will Save You | Bitcoin Simply

Simply Bitcoin

October 17, 2026

Elon Musk says AI will bring universal basic income and that money may stop being relevant. What does that mean for your job and for Bitcoin?

Speakers Dante Cook, Elon Musk, Jordi Visser, Alexandria Ocasio-Cortez

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Dante Cook (0:00)

Elon Musk just pulled off something that no one thought would be possible in our lifetimes, flying cars. This isn't a scene from a Hot Wheels movie, this is real life. And the crazy part about this is, he told us he would do this seven years ago, and no one believed him. Everything that he said that would become possible, that everyone thought was impossible, has become true. Premium electric vehicles for the everyday person, reusable rockets, driverless cars. So if Elon says it's gonna happen, you can take it to the bank. And here's what he says about AI, and what it means for the destruction of the middle class.

Elon Musk (0:32)

And I do think we'll have universal high income. We're basically just issuing money to people. The AI robots are gonna make so much stuff and provide so many services that they will actually run out of things to do for the humans.

Dante Cook (0:46)

This AI future with universal basic income is coming faster than you think. And if you're in the middle class, instead of being wowed by this car flipping and flying, you need to start preparing yourself for the reality of what this means for you. Your job and your family's future. Today we're going to hear from two billionaires who have an inside track and are building the technology that's going to replace your job about what's actually going to happen. And we're also going to talk about one of Elon's other predictions. That Bitcoin is going to be the only thing that can possibly protect you against AI. Not my words, his. But you gotta follow me. This is Down to Cook with Bitcoin Simply.

Let's go.

Yesterday, Tesla and Elon Musk just pulled off the greatest feat that we've ever seen. They built a Tesla Roadster that not only drove upside down over a ramp, but managed to flip itself and land itself back on its wheels and do flips over other cars. Evil Knievel meets Hot Wheels. Like, what did we even just witness? The Tesla engineers were like, Elon, do you want back to the future, crazy taxi or Mario Kart? And his response is, yes, I want it all. In a single vehicle.

Jordi Visser (1:55)

What if we don't succeed? We must succeed.

Dante Cook (1:59)

The internet remains undefeated. And what's amazing about all of this is that the internet kept receipts on anybody who said that Elon was not actually a real engineer. Mainly AOC.

Alexandria Ocasio-Cortez (2:10)

This dude is probably one of the most unintelligent billionaires I have ever met or seen or witnessed. Elon Musk is not a scientist. He is not an engineer. He is a billionaire con man with a lot of money.

Elon Musk (2:34)

Trillionaire.

Dante Cook (2:35)

Yo, these clips are wild. And the crazy part about all this is, he literally called his own shot and nailed it. He's been calling this since 2019 and nobody believed him. Here's this conversation that he had with Jay Leno.

Elon Musk (2:46)

It's going to have an option to have rocket thrusters.

SPEAKER_5 (2:49)

Rocket thrusters?

Elon Musk (2:50)

Yes, from SpaceX.

SPEAKER_5 (2:52)

All right.

Dante Cook (2:53)

Yeah.

SPEAKER_5 (2:54)

How does that work? See, I don't know when you're kidding or when you're not.

Elon Musk (2:57)

No, in this case, I'm serious.

SPEAKER_5 (2:58)

You're going to have rocket thrusters?

Elon Musk (3:00)

Yes.

SPEAKER_5 (3:00)

And what will provide the thrusters?

Alexandria Ocasio-Cortez (3:02)

No fuel in the car.

Elon Musk (3:03)

No, we're going to use ultra-high pressure compressed air.

SPEAKER_5 (3:05)

Oh, I see.

Alexandria Ocasio-Cortez (3:06)

OK.

Elon Musk (3:06)

It's a cold gas thruster.

SPEAKER_5 (3:08)

OK.

Alexandria Ocasio-Cortez (3:08)

All right.

Elon Musk (3:09)

The main thruster will be like behind the license plate. So for acceleration, it drops the license plate. And just behind the license plate is a rocket thruster.

That's like full on James Bond.

Dante Cook (3:21)

And here's Joe Rogan.

Elon Musk (3:22)

We're going to put rocket thrusters on it.

Dante Cook (3:25)

For real?

Elon Musk (3:26)

Yes.

Dante Cook (3:26)

What are they going to burn?

Elon Musk (3:27)

I think ultra-high pressure compressed air.

Dante Cook (3:32)

Whoa.

Elon Musk (3:32)

Just air? Call gas thrusters.

Dante Cook (3:34)

They're literally laughing at him.

Kind of dismissive in their tone. You can say what you want about Elon. The dude has a ton of credibility, and real engineers know that this dude is not a frog. And so when he says something, I actually listen. Because everything he's predicted about the future has actually come true. And here's what he says about the future as it relates to AI and money.

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