Elon Musk’s Stark 2036 Prediction Could Be About To Change Everything
Musk said AI and robotics could make goods so abundant that money loses value, a view he linked to bitcoin’s long-term outlook.
- SpaceX and Tesla CEO Elon Musk predicted "Money won't matter in 2036" during an interview with The Economist editor-in-chief Zanny Minton Beddoes, arguing that artificial intelligence and robotics will create such abundance that traditional economic systems become obsolete.
- Musk argued the value of money depends on scarcity of goods and services; if AI provides overwhelming abundance, "you can create money in the database," he explained. He previously declared energy "the true currency."
- SpaceX and Tesla hold Bitcoin reserves of 18,712 and 11,509 respectively, worth almost $2 billion at current prices. Musk's personal fortune fell to around $700 billion as Bitcoin remains stuck under $65,000.
- The Economist's Beddoes questioned how societies would navigate AI-driven job losses, warning of demands for "massive redistribution." Responding, Musk suggested the Treasury could directly provide financial support to displaced workers.
- Predicting AI could surpass human intelligence within five years, Musk emphasized safety-focused development. Yet he admitted deep conflict: "Honestly, if you ask me on any given day, even intraday, I've gone from exhilaration to terror regarding AI.
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16 Articles
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The eccentric and billionaire Elon Musk assures that in 2036 money will not matter
Money maybe useless by 2036
Elon Musk says Artificial Intelligence could radically transform the global economy within the next decade, predicting that by 2036, money may become far less important as AI and robotics make goods and services overwhelmingly abundant. Speaking during an interview with The Economist editor-in-chief, Zanny Minton Beddoes, Musk argued that the value of money is tied to the scarcity of goods and services. “You want money for goods and services. If…
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