According to CoinMeta, Elon Musk stated during an event attended alongside President Trump that artificial intelligence (AI) could usher in an "era of abundance" where everyone would have access to quality healthcare. He noted that work will change, but this has always been the case throughout history. During his speech at the White House, Musk mentioned that AI will create a world where everyone possesses substantial amounts of cash and top-tier medical care, although the form of work will be different from today. He believes the most likely outcome is an "era of abundance" with not only a universal basic income but also universally high incomes. Musk also pointed out that AI has not yet led to an increase in unemployment rates; instead, there is still a strong demand for labor. He signed a "Joint Commitment to Frontiers Responsibility" with other tech leaders, pledging to develop AI in a safe and responsible manner.