Robbins is the founder of several companies that earn approximately $6 billion in annual sales and in 2015 and 2016 he was listed on the Worth Magazine Power 100 list.
“The next 10 years, we’re going to see more change than we’ve seen in the last 150 years: in our bodies, in healing, in the way we do business, in robotics and algorithms,” he tells CNBC Make It.
That’s why universal basic income (UBI) — essentially, free cash handouts to residents from their government — “is something we’ll probably look at” as a solution.
“You take those two sectors alone, with the technology coming in, at some point, it’ll disrupt more jobs than we had during the world economic crisis.”
Facebook’s CEO Mark Zuckerberg and Tesla’s CEO Elon Musk have also mentioned Universal Basic Income, saying that it will be necessary in the near future.