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Musk Says AI Will Make Work Optional and Money Irrelevant Within Decades

At the U.S.–Saudi Investment Forum in Washington, his forecast drew a cautious counterpoint from Nvidia’s Jensen Huang on how jobs will evolve.

Overview

  • Musk told attendees that advancing AI and humanoid robots could end poverty and make employment a voluntary choice on a roughly 10–20 year horizon.
  • He pointed to Tesla’s Optimus program and predicted many firms will build humanoids, while noting physical limits such as electricity and mass will still apply.
  • Huang argued AI is changing how people learn and work but is more likely to increase productivity and keep people busier than to eliminate jobs.
  • The discussion took place at the Kennedy Center alongside Saudi communications minister Abdullah Alswaha, with President Donald Trump and Crown Prince Mohammed bin Salman also appearing at the forum.
  • Reporting noted Saudi Arabia’s $1 trillion pledge to U.S. companies tied to AI infrastructure, while some outlets questioned how a post-money vision would redistribute wealth.