Elon Musk Predicts the End of the Dollar and the Euro, and Bets on Watts, Mass and Energy
4 Articles
4 Articles
Elon Musk, an entrepreneur from Tesla and SpaceX and the richest man in the world, believes that there will come a time when money will no longer have the weight it has today. He does not talk about an immediate change or that tomorrow the dollar or the euro will disappear, but about a much more ... Continue reading "Elon Musk predicts the end of the dollar and the euro, and bets on watts, mass and energy"
His calculation is based on the assumption that robots and advanced algorithms will drastically increase the production of goods and services with significantly less human labor.
The dollar and other traditional currencies will become completely unnecessary with the development of artificial intelligence and robotics, and wealth will be measured in energy and physical resources instead of money, Elon Musk said.
Elon Musk believes that energy and resources will replace dollars and that artificial intelligence can solve the US public debt. Learn the details of his new vision
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