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What if AI made your paycheck optional? Vinod Khosla, one of the world's greatest venture capitalists and an early backer of AI, believes the technology will take over 80% of labor, freeing humans to live on passion instead. His track record backs up the boldness, as early bets on OpenAI, DoorDash, Instacart, and Square have made him one of the most consequential investors of our time. In this episode of Titans, Khosla sits down with Fortune Editor-in-Chief Alyson Shontell to unpack his abundant vision for the AI future, what government policy should tackle for a more equitable 2040, and what the U.S. needs to do to win the global AI race. 00:00 – Intro: Vinod Khosla on AI & 2040 01:13 — Deloitte sponsorship 02:40 — What Life Could Look Like in 2040 05:43 — From Survival to Passion 08:32 — Contrarian thinking and agency 11:24 — Khosla’s history of AI prediction 11:47 — AI taking 80% of Jobs, Deflation 13:40 — Free education, healthcare, cheap energy 15:35 —Will AI create more billionaires? 17:18 —No-tax proposal under $100k 19:46 — California billionaire’s tax 21:40 — US vs China: The AI Race 22:24 — The “techno-economic war” over AI 23:25 —Why winning AI means global power 24:06 — Politics & The freedom to speak out 26:33 — Elon Musk’s exit from Open AI 29:14 Khosla’s OpenAI bet 30:30 — Competition from Google, Anthropic, and xAI 32:00 — Investing in entrepreneurs with values 34:08 — Utopia or Dystopia? Policy Will Decide Subscribe to Fortune's YouTube: http://www.youtube.com/subscription_c... Subscribe to Fortune: https://fortune.com/subscribe/?utm_so... Fortune Magazine is a global leader in business journalism with 55 million monthly page views and a readership of nearly 32 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. The new Fortune video channel dives into personal stories from business owners and entrepreneurs becoming successful in business and sharing their tips to help you reach your goals. Website: http://fortune.com/ Facebook: / fortunemagazine Twitter: / fortunemagazine TikTok: / fortune