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On October 30, 2026, Musk posted on X that with the arrival of an era of extreme material abundance brought about by superintelligence, saving money for the distant future is meaningless. A Sina Tech report the same day noted that he had previously suggested on a podcast that there was no need to save for retirement 10 or 20 years out, and predicted that advances in AI, energy, and robotics technology would bring abundant resources, allowing everyone to have everything they want; he also proposed that the government issue subsidies to all citizens to cope with job losses caused by AI. At present, this claim appears only in this one report, with no cross-verification from other sources or subsequent developments.
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Oct 30
Sina Tech
Musk predicts again: superintelligence will bring super abundance, making it meaningless to save for the future
Musk posted on X that with superintelligence ushering in an era of extreme material abundance, it is meaningless to save money for the distant future. He previously suggested on a podcast that there is no need to save for retirement 10 or 20 years from now, and predicted that advances in AI, energy, and robotics will bring abundant resources, allowing everyone to have everything they want. He also proposed that the government issue subsidies to all citizens to cope with job losses caused by AI.