Elon Musk, owner of X and CEO of Tesla, has called for financial incentives to encourage people to have children, arguing that it is crucial for the survival of the human race.
In a recent post on X, Musk stated, "Having children should be incentivized, not be a financial penalty like it is in most countries. We must create the next generation of humans or spiral into oblivion."
Musk's comments were in response to a poll posted by Hungarian President Katalin Novk, who asked whether people with children should be at a financial disadvantage compared to those without. Novk expressed her support for providing financial advantages to families with children in Hungary.
At the time of Musk's post, the poll showed that 59.9 percent of respondents disagreed with the idea of financial disadvantages for people with children, while 40.1 percent were in favor.
Musk's concerns about the future of the human population are not new. In 2022, he stated that the "biggest threat" humanity is currently facing is "population collapse." He highlighted the declining birth rates in Western countries as a cause for concern. A study published in January revealed that only half of women in the US under the age of 45 have had at least one child.
It is worth noting that some countries, like the US, already have systems in place to provide financial support to families with children. For example, the US has the Child Tax Credit system, which offers tax breaks to families with children under the age of 17 and making less than $400,000 on joint filings.
Musk's call for financial incentives to have children reflects his belief that encouraging the birth of the next generation is essential to prevent the human race from facing dire consequences.
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