Elon Musk says: money will be irrelevant soon thanks to AI and robotics
2 days ago
- #AI and Robotics
- #Universal Basic Income
- #Future of Work
- Elon Musk predicts work will be optional in 10-20 years, comparing it to choosing to grow vegetables.
- Musk envisions a future with millions of robots enhancing productivity, making jobs voluntary.
- He suggests 'universal high income' could sustain a world without necessary work, similar to universal basic income.
- Economists question the feasibility of Musk's vision, citing high costs and slow adoption of robotics and AI.
- AI and robotics may not scale quickly enough to replace jobs as anticipated, despite rapid AI advancements.
- Political and social challenges, like wealth inequality and the need for inclusive growth, complicate the transition.
- Musk and others ponder the existential question of human purpose in a world where AI and robots outperform humans.