Liberal Forum

Vegas » 19 Dec 2025, 10:15 am » wrote: ↑

19 Dec 2025, 10:15 am

How does the wealthiest guy in the world not know econ 101? Universal income can eliminate poverty only if abundance grows faster than prices. That is an engineering, political, and structural problem, not just a monetary one.

Given the erratic behavior our beloved politicians and overall government structure, this is highly unlikely. We have to depend on the moral compasses of our leaders. Not going to happen. 

How does he not know that?

easy according to musk 

https://www.businessinsider.com/elon-mu ... me-2025-11

• Elon Musk predicted a future where money will "stop being relevant," thanks to AI and robotics.
• Speaking at the U.S.-Saudi Investment Forum, Musk also said that work would become "optional."
• Musk has previously said that AI robotics, like Tesla's Optimus, would eliminate poverty.

In Elon Musk's future, we won't need jobs or money, and there will be no poverty.At the U.S.-Saudi Investment Forum on Monday, where Musk sat on a panel with Nvidia CEO Jensen Huang, Musk said that money would "stop being relevant" thanks to AI."There will still be constraints on power like electricity and mass," Musk said. "But I think at some point currency becomes irrelevant."He linked it to the books of science fiction author Iain Banks, who wrote the Culture series between 1987 and 2012. Those books help "get a sense for what a probable positive AI future is like," he said.Musk also mentioned the end of work itself, saying that it will be "optional," like "playing sports or a video game."