Elon Musk Predicts Money Becomes Obsolete Within a Decade — Economists Push Back
Elon Musk predicts that money will become largely obsolete within a decade due to advancements in artificial intelligence and robotics leading to widespread abundance. However, economists largely disagree, pointing out that constraints like natural resources, energy, land, and wealth distribution are not solved by increased productivity alone. They view Musk's forecast as a distant possibility rather than an inevitable outcome, noting that his companies' valuations are tied to this narrative.
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