As AI becomes an increasingly integral part of daily life, Elon Musk believes it will become so powerful that people won’t need to save for retirement. On an episode of “Moonshots with Peter Diamandis,” Musk said, “Don’t worry about, like, squirreling money away for retirement in like 10 or 20 years” because it “won’t matter.”
The world’s richest man believes setting aside money for retirement is irrelevant because the workforce will completely change in a few short years, thanks to artificial intelligence (AI). He’s “confident by 2030, AI will exceed the intelligence of all humans combined,” but some experts disagree and encourage Americans to continue saving for retirement.
