Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Technology
Giuliano de Leon

Elon Musk Predicts an 'Automated Future': Work Optional, Money Irrelevant — Experts Weigh the Possibility

Elon Musk's latest AI prediction claims that money will soon be irrelevant and work will no longer be required. (Credit: Gage Skidmore/Flickr)

In a series of bold proclamations, Elon Musk has predicted the end of the traditional economic era, claiming that advances in artificial intelligence and robotics will soon make work a 'choice' and render money obsolete.

The Tesla CEO envisioned a world of 'universal high income' where humanoid robots like Optimus perform nearly all manual and cognitive labour. However, Musk's vision has met significant resistance from economists and financial experts, particularly his controversial advice to stop 'squirrelling away money' for retirement.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.