Elon Musk predicts a future where traditional currency loses its significance due to the widespread adoption of artificial intelligence and robotics. He suggests that as production capabilities expand significantly, the global economy will shift toward measuring value in physical units rather than monetary terms.
According to Musk, the future economy will rely on metrics such as power in watts, mass in tons, and energy consumption. This transition is expected to occur as machines and AI systems take over tasks, enabling the mass production of goods and services on a scale that far exceeds current economic output.
Musk envisions a world where AI and robots outperform humans in all tasks, making it easy to satisfy any human need. He believes that once the economy grows by several orders of magnitude, the concepts of scarcity and cost will fundamentally change, allowing individuals to access any desired goods or services.
