US EditionElon Musk Predicts AI Will Make Money Obsolete, Dismisses Need for Savings Accounts
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🔔 The Liberty Daily
America First ReportElon Musk Predicts AI Will Make Money Obsolete, Dismisses Need for Savings Accounts
Musk dismisses traditional savings accounts (including “Trump Accounts”) as unnecessary, predicting AI and robotics will create a post-scarcity economy where financial planning becomes irrelevant. Musk envisions a future where AI-driven productivity ensures widespread wealth, eliminating the need for labor and replacing universal basic income (UBI) with “universal high income.” Musk argues automation is the only way to resolve America’s $34 tril…
The famous entrepreneur and tycoon Elon Musk is causing a stir again after claiming this week that in the near future there will be no need to save money - because artificial intelligence and robots will lead to an era of "high universal income" and the complete elimination of poverty. In response to a post by investor Ray Dalio, who welcomed the new savings program for US children launched at the initiative of the Trump administration, Musk wro…
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