Elon Musk has expressed optimism about the future impact of artificial intelligence, suggesting it will eliminate poverty and render saving unnecessary. His comments came in response to Trump's universal child allowance initiative, which includes a U.S. Treasury program offering $1,000 in index funds to children born between 2025 and 2028. Prominent figures like Ray Dalio and Michael Dell have pledged millions to support the program.
Musk praised these contributions but emphasized that AI and robotics will significantly boost productivity, potentially reducing the cost of goods and services to near zero. This perspective aligns with growing interest in the intersection of AI and cryptocurrency, as traditional financial systems continue to operate on scarcity-based models.
Elon Musk Predicts AI Will Eradicate Poverty Amid Trump's Child Allowance Plan
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