Musk: Robots and Space Infrastructure Will Render the Monetary System Obsolete
In a recent interview, Musk laid out a 51-second deduction: once embodied intelligence and space infrastructure magnify the economy a millionfold, the modern monetary system built on scarcity will be rendered physically and completely obsolete. He believes the only wealth that cannot be diluted in the future is the three physical quantities of power, mass, and energy, and that robots and a lunar electromagnetic catapult will bring about a millionfold economic explosion.
Body · AI translation
Stop worrying about the little bit of money you have on hand—and money is about to become irrelevant.
Elon Musk's thinking on the space economy, lunar infrastructure, and the ultimate evolution of money is truly eye-opening and hugely beneficial. I strongly recommend everyone watch it.
In his latest interview, Musk laid out a cold and obvious conclusion in 51 seconds: When embodied intelligence and space infrastructure magnify the economy a millionfold, the modern monetary system based on scarcity will be rendered physically obsolete.
The only real hard assets left in the future are three physical quantities: power, mass, and energy.
Once we have robots and a lunar electromagnetic launcher, humanity is ushering in a millionfold economic explosion.
The biggest mistake of our generation is treating credit printed on paper as real wealth.
And Musk punctured the ultimate truth in one sentence: When labor and resources are supplied infinitely by robots and space, the only wealth that cannot be diluted is the ability to command physical energy. https://t.co/t7rkmPnvdB