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Sam Altman Rejects Elon Musk's AI Utopia: 'Money Will Still Matter' in 10 Years

Altman said AI will still leave ownership and corporate control intact, warning that 2025 gains will flow to machine owners unless benefits are deliberately shared.

Summary by IBTimes UK
Sam Altman has pushed back on Elon Musk's prediction that artificial intelligence will soon make money irrelevant, warning that the technology is more likely to concentrate wealth than to spread it. 'I think money will still matter in ten years,' the OpenAI chief executive said when asked about Musk's forecast. 'One of the greatest concerns I have with AI is the concentration of power and concentration of wealth.' SME Futures published his comme…

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·Paris, France
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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Le Figaro broke the news in Paris, France on Monday, August 3, 2026.
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