Archive · 27 Jul 2026
Khosla backs Musk's 2036 money prediction with caveat
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.
Elon Musk predicts money won't matter by 2036 due to AI and robotics creating abundance.
Vinod Khosla agrees but adds that political intervention is needed to ensure equitable distribution.
AI could automate 80% of jobs, leading to a deflationary economy.
Musk suggests governments could issue direct financial support to people.
Both figures warn of potential income disparity and the need for policies like universal basic income.
- Who
- Elon Musk and Vinod Khosla
- What
- Prediction that money won't matter by 2036 due to AI and robotics
- When
- 2036
- Where
- Global economy
- Why
- AI and robotics could produce more goods and services than humans can consume, making money less relevant
Optimistic View
Cautious View
Impact of AI on Economy
Optimistic View
AI will create abundance and reduce the importance of money, leading to a higher standard of living.
Cautious View
AI could widen income disparity and require political intervention to ensure equitable distribution of wealth.
- 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
