{{ Saving for retirement has been a cornerstone of personal finance for well over a century. It could become pointless soon, Elon Musk says.
The Tesla and SpaceX CEO predicted AI would help create an “abundance” of resources for all.
People would have “whatever stuff they want” and access to superb healthcare and education, he said. }}
Basically, everyone can have a superyacht if they like. The only constraint will be if the ocean is large enough to moor them all. {{ LOL }}
intercst
No, the only restraint on unlimited abundance and “enough for everybody” will be making people pay for it. Poof! Instant shortage. No money? No infinite stuff for YOU. get a job ya parasite. Or better yet, get a wealthy family.
So, the Star Trek future will be real and it will be fabulous!
Can’t Wait!
JimA
Well duh, when you have a trillion in compensation coming. There is no need to save for retirement.
In the long line of predictions that haven’t come true, and won’t come true:
“There will be a million people on Mars by 2050”
“We will have full self driving by:
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
We will have Cybercabs in half the country by the end of 2025..
We will fly people around the moon by 2018
The Optimus robot will be in mass production by 2025
The hyperloop will become a major mass transit system
Neuralink will be implanted in human skull by 2020
We will have one million Robotaxis by 2020
A Tesla will be able to drive coast to coast without human intervention by 2017
You will be able to sleep while driving by 2019
Hyperloop will provide New York to Boston transportation soon.
We will have zero new Covid cases in the US by the end of 2020
I can save trillions of dollars from the US budget
And now! For your listening an d dancing pleasure!
You won’t need to save for retirement because people will have everything they want.
I feel like the little boy who says “But the emperor has no clothes on!” And everybody else says “Ah, such regal finery. May I buy some more of your stock, please?”
Valerie Solanas basically said the same thing in her S.C.U.M manifesto in 1967.
