Chamath Palihapitiya

You work at it.

You look forward to doing a good job and getting rewarded for it.

The harder you work, the more you get paid.

There's all these incentives built in.

And then there's this, again, identity problem.

If all of a sudden...

You have universal high income, which is what Elon always talks about.

Well, what gives people purpose then?

And also, if you have a person who's 43 years old and their entire life they've worked towards this idea that the harder they work, the harder they think, the more innovative they are and the better they are at implementing these ideas, the more they get rewarded.

And then all of a sudden, that's not necessary anymore, Mike.

Time for you to just relax and do what you want to do.

And Mike's like, well, this is what I do.

I don't have any fucking hobbies.

I enjoy doing what I do.

And now what I do is completely useless.

And now I'm on a fixed income.

Even if that fixed income is a million dollars a year, whatever it is.

Right.

If all of a sudden you are in this position where everything is being run by computers, you feel useless.

You feel like, what am I doing?