Elon Musk predicts that advancements in AI and robotics could make goods so abundant by 2036, rendering money less significant and shifting economic challenges toward deflation.
Elon Musk predicts money becomes irrelevant by 2036 if AI and robotics generate goods and services at exponential scale. Challenges economic assumptions: abundance-driven deflation reshapes pricing power and margin dynamics, pressuring enterprises to rethink monetization while governments debate redistribution.
Musk says value of money is directly tied to availability of goods and services
Jul 26, 2026
10:50 am
What's the storyElon Musk, the CEO of Tesla and SpaceX, has predicted that artificial intelligence (AI) will transform the global economy in the next decade.
Speaking to The Economist's editor-in-chief Zanny Minton Beddoes, Musk said "money won't matter in 2036."
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