{"id":18257,"date":"2025-11-23T08:03:02","date_gmt":"2025-11-23T08:03:02","guid":{"rendered":"https:\/\/umuakatimes.com\/topnews\/?p=18257"},"modified":"2025-11-23T08:03:02","modified_gmt":"2025-11-23T08:03:02","slug":"money-jobs-likely-to-phase-out-in-the-next-decade-elon-musk","status":"publish","type":"post","link":"https:\/\/umuakatimes.com\/topnews\/money-jobs-likely-to-phase-out-in-the-next-decade-elon-musk\/","title":{"rendered":"Money, jobs likely to phase out in the next decade. Elon Musk."},"content":{"rendered":"<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 425<\/span><span class='epvc-label'> Views<\/span><\/div><p>Elon Musk says that in 10 to 20 years, work will be optional and money will be irrelevant thanks to AI and robotics<\/p>\n<p>In the future, Elon Musk sees humans as metaphorical vegetable farmers.<\/p>\n<p>The Tesla (TSLA) CEO said at the U.S.-Saudi Investment Forum in Washington, D.C., on Wednesday that in the next 10 to 20 years, work will be optional, likening the decision to have a job to the more laborious upkeep of a vegetable garden.<\/p>\n<p>\u201cMy prediction is that work will be optional. It\u2019ll be like playing sports or a video game or something like that,\u201d Musk said. \u201cIf you want to work, [it\u2019s] the same way you can go to the store and just buy some vegetables, or you can grow vegetables in your backyard. It\u2019s much harder to grow vegetables in your backyard, and some people still do it because they like growing vegetables.\u201d<\/p>\n<p>The future of optional work will be the result of millions of robots in the workforce able to usher in a wave of enhanced productivity, according to Musk. The tech mogul, worth about $470 billion, has made the recent push to expand Tesla beyond just electric vehicles, working on consolidating his sprawling business interests into his broader vision of an AI-fueled, robotic-powered future. That includes his goal of having 80% of Tesla\u2019s value come from his Optimus robots, despite continuous production delays for the humanoid bots.<\/p>\n<p>To many others, the notion of an automated future is less bright, particularly amid concerns about and early evidence of AI displacing entry-level jobs, which may be contributing to Gen Z\u2019s job market woes and flat lining income growth\u2014more of a nightmare than a utopian dream.<\/p>\n<p>But in Musk\u2019s automated, job-voluntary future, money won\u2019t be an issue, he said. Musk takes a page from Iain M. Banks\u2019 Culture series of science fiction novels, in which the self-proclaimed socialist author conjures a post-scarcity world filled with super intelligent AI beings and no traditional jobs.<\/p>\n<p>\u201cIn those books, money doesn\u2019t exist. It\u2019s kind of interesting,\u201d Musk said. \u201cAnd my guess is, if you go out long enough\u2014assuming there\u2019s a continued improvement in AI and robotics, which seems likely\u2014money will stop being relevant.\u201d<\/p>\n<p>At Viva Technology 2024, Musk suggested \u201cuniversal high income\u201d would sustain a world without necessary work, though he did not offer details on how this system would function. His reasoning rhymes with that of OpenAI CEO Sam Altman, who has advocated for universal basic income, or regular payments given unconditionally to individuals, usually by the government.<\/p>\n<p>\u201cThere would be no shortage of goods or services,\u201d Musk said at last year\u2019s conference.<\/p>\n<p>Culled from Yahoo News.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>425 ViewsElon Musk says that in 10 to 20 years, work will be optional and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":18258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[899,898],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Money, jobs likely to phase out in the next decade. 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