Around The IT World

Professional Tech News from 23+ Languages

🇹🇼 Chinese, 30 October 2026, AI future

Musk Predicts Superabundance from AI, Makes Saving for the Future Meaningless

Billionaire Elon Musk says long-term savings are not worth it as accumulated wealth will eventually become worthless.

Musk has previously suggested that people do not need to save for future decades, as advancements in AI, energy, and robotics will greatly increase productivity and bring about abundant resources.

He predicts that AI will bring about a time of superabundance, where everyone can have access to everything they want, and there will be no shortages of goods and services.

Other tech leaders, including Microsoft co-founder Bill Gates, have also predicted that AI and other technologies will bring about significant changes to our lives.

Back to the latest news