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International Business Times UK
International Business Times UK
Technology
Chrys Brent Deiparine

Why Trillionaire Elon Musk Believes Only Bitcoin Can Survive the Coming AI Collapse

Elon Musk's latest argument over artificial intelligence is not only about robots replacing workers or companies becoming more productive. It is also about what happens to money when AI begins reshaping the global economy.

The Tesla and SpaceX chief has argued that advanced AI and robotics could create an era of unprecedented abundance, where goods and services become so plentiful that inflation becomes less of a concern. But his position has also raised a familiar question among Bitcoin supporters: whether traditional currencies could face pressure in a world transformed by automation.

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