Elon Musk says that within the next ten years, money will completely disappear and you will own no money because there will be no need for it, as robots ( $TSLA ) and AI will provide everything you need.
Musk compares AI ( $NVDA ) and robots to "a personal God" that will provide humans with everything they need, including food, housing, transportation, and entertainment.
"If robots and AI are providing more goods and services than any human could possibly consume, what do you need money for in that case?"
🚨Shocking: Since becoming the world's first trillionaire after the SpaceX IPO, Elon Musk has lost roughly $650 billion in net worth.
His fortune has fallen from a peak of around $1.45 trillion to about $800 billion, as SpaceX ( $SPCXB ) and Tesla ( $TSLAB ) shares erased a massive chunk of their market value.