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News · 18 December 2025

Musk: AI ends poverty within 20 years

Musk: AI ends poverty within 20 years

Wcamp9 via Wikimedia Commons (CC BY 4.0)

Tesla CEO Elon Musk predicts artificial intelligence and humanoid robots will make work optional within 10-20 years, creating universal high income and eliminating poverty. Speaking at the US-Saudi Investment Forum, Musk described poverty as an engineering problem that AI can solve, envisioning a post-money society where goods become abundant. Critics argue his utopian vision ignores structural causes of inequality and requires massive social reforms beyond technological advancement.

Reported by IBTimes UK · How we write briefs

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