Elon Musk Expects a Completely Different Economy by 2036... Will Money Lose Its Role?!

US billionaire Elon Musk has indicated that the rapid advancements in artificial intelligence and robotics could bring about a radical transformation in the structure of the global economy over the next decade, a forward-looking vision that has sparked widespread debate about the nature of work and money.

In an interview with The Economist, Musk said he expects money to lose its significance by 2036 if intelligent systems and robots succeed in producing goods and services in abundant quantities, which could make access to basic needs easier. He also predicted that artificial intelligence would surpass total human intelligence in the coming years and that the nature of decision-making would change in the future.

When asked how an economy that provides high incomes for everyone could be funded as the need for traditional work declines, Musk’s answers did not include a detailed economic vision, raising questions from the interviewer about funding sources and the possibility of inflation.

Musk also called for enhanced cooperation among AI companies through mutual reviews of advanced models before their release, arguing that this could help improve safety standards and mitigate potential risks as these technologies continue to evolve rapidly.