Elon Musk presented a vision of the future at the U.S.-Saudi Investment Forum where AI and robotics will handle all tasks, eliminating the need for humans to work. According to him, money will lose its importance, and governments will have to implement a Universal High Income for citizens. This statement is sparking a new debate in the tech world.
AI Future Impact: At the U.S.-Saudi Investment Forum, Elon Musk stated that in the coming future, AI and robotics will become so advanced that the world's economic and social structure will be transformed. He explained that when machines handle almost every task, humans will no longer need jobs, and money will lose its fundamental role. Musk also clarified that in such a future, governments will have to provide a Universal High Income so that every citizen can live comfortably. His prediction has become a major topic of discussion in the tech sector.
AI Will Change the Nature of Work and Earning
Elon Musk claimed at the U.S.-Saudi Investment Forum that in the future, AI and robotics will fully take over many tasks. According to him, jobs for humans will no longer be a necessity but an option. Musk stated that in such a time, money will lose its traditional role, and people will receive a Universal High Income from the government. This idea has become a major point of debate in the tech industry.
Musk believes that as AI systems advance, they will be capable of fulfilling almost every human need. He stated that this change should not be seen as science fiction but as a potential future reality. He argues that AI will have such a widespread impact that the economic structure of society itself will be transformed.
Work Will Be Purely for Preference
According to Musk, working in the future will not be the essential part it is today. He gave an example, stating that just as some people grow vegetables as a hobby, in the future, people will work purely out of interest. One's income will no longer depend on a job.
He also stated that daily tasks, whether cooking or house cleaning, will all be handled by automated systems and robots. The role of work will be limited to entertainment, learning, and personal satisfaction, which will completely change people's life priorities.
Why Money Might Become Irrelevant
Elon Musk asserted that due to AI and robotics, resources will become so readily available that the traditional concept of money will weaken. Humans will still need electricity and basic resources, but the conventional system of transactions will lose its significance.
Musk mentioned science fiction author Iain Banks's ‘Culture Series’, stating that it envisions a future world where technology has become the solution to every need. He indicated that an AI-based world is moving in this direction.
Discussion on Tesla Optimus and Universal High Income
During the forum, Musk explained that humanoid robots like Tesla Optimus will accelerate this transformation. He stated that when robots handle all tasks, the government will have to provide a Universal High Income so that citizens can live comfortably. This income will be significantly higher than basic income.
Musk had previously said that AI would create various social challenges and questions. However, according to him, this change would be a significant step towards eradicating poverty and improving lives. He described it as a crucial turning point for human civilization.
Musk and Jensen Huang's Conversation at the Forum
During the discussion, Musk had a lighthearted conversation with Nvidia CEO Jensen Huang. He jokingly remarked that when money itself becomes irrelevant, what's the point of worrying about the stock market or earnings. Both laughed and agreed on this point. This conversation demonstrates that major figures in the tech sector consider AI to be an upcoming decisive turning point.
