Why Musk Thinks Currency Is Temporary Due To Ai

Elon Musk at the U.S.-Saudi Investment Forum on Wednesday said if AI and robotics trends continue, money may become irrelevant.

Billionaire Elon Musk on Wednesday speculated money may become irrelevant in the future if current artificial intelligence (AI) and robotics innovations continue.

The comments came as Musk was speaking at the U.S.-Saudi Investment Forum hosted at the Kennedy Center in Washington, D.C.

"If you go out long enough, assuming there's a continued improvement in AI and robotics, which seems likely, the money will stop being relevant at some point in the future," Musk said.

He added there will still be constraints on power, such as electricity and mass.

"The fundamental physics elements will still be constraints, but I think at some point currency becomes irrelevant," Musk said.

Elon Musk by Gage Skidmore is licensed under Creative Commons
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