Elon Musk makes bold prediction about future of AI

Elon Musk claims work will be 'optional' with the rise of AI and robotsReuters

Transcript

00:00Say, like, in the long term, where will things end up?

00:03Long term, I don't know what long term is.

00:04Maybe it's 10, 20 years, something like that.

00:08For me, that's long term.

00:10My prediction is that work will be optional.

00:13Optional.

00:14Optional.

00:18We'll take that.

00:20Yeah.

00:20I mean, it'll be like playing sports or a video game or something like that.

00:25If you want to work, you know, in the same way, like,

00:28you can go to the store and just buy some vegetables,

00:33or you could grow vegetables in your backyard.

00:36It's much harder to grow vegetables in your backyard,

00:38but some people still do it because they like growing vegetables.

00:42That will be what work is like, optional.

00:46It's kind of interesting.

00:46And my guess is if you go out long enough,

00:50assuming there's a continued improvement in AI and robotics,

00:54which this seems likely,

00:56the money will stop being relevant at some point in the future.

01:03Currency becomes irrelevant.

01:06But AI and humanoid robots will actually eliminate poverty.

01:10And Tesla won't be the only one that makes them.

01:12I think Tesla will pioneer this,

01:13but there will be many other companies that make humanoid robots.

01:16But there is only basically one way to make everyone wealthy,

01:21and that is AI and robotics.

01:22Thanks.