Tesla CEO Elon Musk predicts a future without poverty, says ‘no need to save money’

Elon Musk foresees a future without poverty, envisioning universal high incomes where saving money becomes obsolete. Responding to Ray Dalio's praise for a financial literacy initiative, Musk suggested technology and AI will render money irrelevant. He previously stated work will be optional within two decades, akin to a hobby, as automation advances.

Tesla CEO Elon Musk predicts a future without poverty, says ‘no need to save money’
Elon Musk foresees a future without poverty, envisioning universal high incomes where saving money becomes obsolete. Responding to Ray Dalio's praise for a financial literacy initiative, Musk suggested technology and AI will render money irrelevant. He previously stated work will be optional within two decades, akin to a hobby, as automation advances.