Overview
- In a newly released podcast with investor Nikhil Kamath, Elon Musk argued that large‑scale AI and robotics are the only viable path to resolving the U.S. debt problem.
- Musk predicted that within about three years output growth would exceed money‑supply growth, triggering deflation that would make the debt more manageable.
- He characterized the national debt as “insanely high” and said interest payments already surpass the U.S. military budget, presenting rapidly rising servicing costs as a core risk.
- Official Treasury data show the national debt at roughly $38.34 trillion, with recent figures underscoring the growing weight of interest expenses.
- Analysts counter that productivity gains from AI are likely to be modest in the near term, with PWBM modeling stronger effects in the early 2030s and several strategists describing AI’s influence as more disinflationary than deflationary.