Technology giant Elon Musk has once again made a major and surprising statement about the growing role of artificial intelligence (AI) and robotics in the future, garnering global attention. Speaking at the US-Saudi Investment Forum, Musk dismissed the common fear that experts believe AI poses a threat to millions of jobs. Instead, Musk believes that this technology can make everyone wealthy and eradicate poverty forever.
Technology is the only way to eradicate poverty
Musk clearly stated at the forum that countless efforts have been made to free the world from poverty, but the real and only solution is technology. According to him, AI and humanoid robots have the potential to completely eliminate poverty in the future. He also clarified that this statement is not merely a promotion of his company Tesla’s Optimus robot, as he firmly believes that “Tesla will not be the only company that will make the world wealthy.”
Currency will become irrelevant in the future
Musk took his idea a step further, saying that in the future, people will no longer need money (Currency will become irrelevant). He acknowledged that there will be some limitations on things like electricity and physical resources, but he argued that as AI and robots take over most manual tasks, humans will no longer need to go to work to meet their daily needs. People will be able to devote their energy and time to the real needs and pursuits of life, such as farming, gardening, and building.
The Claim Is Strong, But the Roadmap Is Still Missing
This isn’t the first time Musk has envisioned such a grand and revolutionary future. He has often stated that AI will completely transform human life. However, the biggest challenge to these claims is that there is no clear roadmap, nor has Musk elaborated on how everyone will become rich or how poverty will be eradicated in this AI-driven world. Nevertheless, Musk’s vision demonstrates the potential power of technology to change economic and social dynamics forever.
