Elon Musk predicts: by 2036, money will no longer be important.
Elon says: really, what is it that you’re looking for in money? Not the paper itself, but what that paper can buy—food, housing, transportation, entertainment.
Elon also says: now imagine this—AI and robots are developing as fast as we believe. Until the point where they can produce goods and services in numbers far, far greater than what all the people on Earth could possibly consume.
So if all your needs are already abundant, available, and automatically taken care of by AI, why do we need prices anymore? Why would you need to pay?
That’s the point, according to Elon, where the concepts of “price” and “money” become irrelevant. Not because money is broken or due to an economic crisis. But because scarcity—the thing that has always been the reason everything has a price—is no longer there.
But Elon isn’t really talking about fiat money, inflation, or crypto anymore. He’s imagining a post-scarcity world. A world where AI works for humans, not humans working for money.
That’s Elon’s vision of the future—from a money-based economy to an abundance-based economy.
What do you think—does Elon’s prediction apply to fiat money specifically, or to money in general? Share your thoughts.
Elon says: really, what is it that you’re looking for in money? Not the paper itself, but what that paper can buy—food, housing, transportation, entertainment.
Elon also says: now imagine this—AI and robots are developing as fast as we believe. Until the point where they can produce goods and services in numbers far, far greater than what all the people on Earth could possibly consume.
So if all your needs are already abundant, available, and automatically taken care of by AI, why do we need prices anymore? Why would you need to pay?
That’s the point, according to Elon, where the concepts of “price” and “money” become irrelevant. Not because money is broken or due to an economic crisis. But because scarcity—the thing that has always been the reason everything has a price—is no longer there.
But Elon isn’t really talking about fiat money, inflation, or crypto anymore. He’s imagining a post-scarcity world. A world where AI works for humans, not humans working for money.
That’s Elon’s vision of the future—from a money-based economy to an abundance-based economy.
What do you think—does Elon’s prediction apply to fiat money specifically, or to money in general? Share your thoughts.
