Elon Musk proposed government-paid universal high income as a way to address unemployment caused by artificial intelligence, Business Insider reported. He described it as more generous than basic income, providing enough for a prosperous life beyond basic expenses. Musk also said AI and robotics would create far more goods and services than growth in the money supply, so there would be no inflation. Analysts and academics offered differing views on job losses, wages and retraining.

Foreign investors withdrew large sums from both South Korea\'s stock and bond markets in March, the Financial Supervisory Service said. They net sold 43.5 trillion won of listed stocks and made a net withdrawal of 10.9 trillion won from listed bonds, bringing the total to 54.4 trillion won. Foreign holdings at end-March totalled 1,900 trillion won in listed securities, including 1,576.2 trillion won in stocks and 323.8 trillion won in bonds.