Tesla CEO Elon Musk has presented a striking vision for the future, predicting that within the next 10 to 20 years, work may become largely optional for most people due to rapid advancements in artificial intelligence and robotics. Speaking at the US-Saudi Investment Forum, Musk suggested that traditional employment could be rendered obsolete as machines and humanoid robots become capable of performing most human tasks. He likened future work to recreational activities such as sports or video games, wherein individuals might choose to engage in work driven by interest or enjoyment rather than necessity. While people will still be able to acquire goods from stores or grow their own food, Musk acknowledged that self-sufficiency could be more challenging in such a world.

Central to Musk’s vision is the notion that AI and humanoid robots, including Tesla’s own Optimus robot, have the potential to transform society and economies fundamentally. Musk predicted that the widespread automation enabled by these technologies could drive costs of production towards near zero, leading to unprecedented abundance. This, he claims, could ultimately eliminate global poverty by increasing productivity and making wealth universally accessible. Musk anticipates a future where conventional currency becomes irrelevant, as the economic focus shifts from traditional money-based systems to resource and energy availability, which would remain critical constraints.

Other industry figures have expressed support for Musk’s optimistic outlook. For example, Paytm CEO Vijay Shekhar Sharma endorsed the idea that AI could be instrumental in eradicating poverty through automation. Musk also highlighted that Tesla’s position at the forefront of humanoid robot development could spark a large, transformative industry, potentially surpassing even the smartphone sector in scale and societal impact. He expects many companies to enter the robotics and AI space, accelerating innovation and adoption.

Despite the boldness of Musk’s predictions, he underlined the importance of responsible AI integration, warning that significant progress and careful management would be necessary to realise such a future. He envisages that in a world reshaped by AI and robotics, humans will enjoy greater freedom, security, and prosperity , with work becoming a choice motivated by passion rather than economic survival.

While Musk’s vision paints an optimistic picture of a future liberated from economic constraints and poverty, these predictions also raise important questions about how societies will handle the transition to such a radically altered economic paradigm, including the role of education, governance, and social support systems.

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Source: Noah Wire Services