1 month ago

Khosla backs Musk's 2036 money prediction with caveat

Khosla backs Musk's 2036 money prediction with caveat
Money Won't Matter In 2036: Elon Musk · NDTV

Elon Musk and Vinod Khosla both think that by 2036, money might not be as important because robots and AI will make so many things that everyone can have what they need.

Musk says this could mean people get money from the government even if they don't work.

Khosla agrees but says it will only work if politicians make sure everyone gets a fair share.

They both worry that AI could make some people much richer while others struggle, so they think governments might need to help by giving people money directly.

Key facts

Prediction Year
2036
Key Figures
Elon Musk, Vinod Khosla
AI Impact
Potential automation of 80% of jobs
Economic Concern
Deflation due to AI-driven production
Proposed Solution
Universal basic income or direct financial support

Quotes

Vinod Khosla

Billionaire investor and founder of Sun Microsystems

“"There really won't be anything that AI can't do better than humans, apart from being human perhaps."”
NDTV
“only if the politics permits this great abundance.”
financialexpress.com

Sources

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