Elon Musk predicted an era of abundance thanks to the development of artificial intelligence
Quick Look
Elon Musk said that the development of AI will lead to an era of abundance with high income for everyone, will make medical care accessible and of high quality worldwide, and will also cause the evolution of roles in the labor market.
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Why It Matters
Elon Musk, an American entrepreneur and billionaire, is known for his predictions about the future of technology, including artificial intelligence and automation.
Brief retelling from RIA II
Elon Musk said that the development of artificial intelligence will lead to an era of abundance with high income for everyone.
According to him, thanks to robots and superintelligence, medical care will become accessible and of high quality for all people in the world.
Musk predicted changes in the labor market due to the development of AI and the evolution of roles.
WASHINGTON, September 29 - RIA Novosti. American entrepreneur Elon Musk said that the development of artificial intelligence will lead to an era of abundance, when everyone will have high income.
"I think the most likely outcome is an era of abundance. When we have not just a basic income, but a basic income," Musk told reporters at the White House.
According to the entrepreneur, the benefits will not be limited to improvements in the healthcare system. "When you have robots and super intelligence, that means everyone in the world has better health care than anyone here, including me," Musk said.
The billionaire predicted that the development of AI will lead to changes in the labor market, as always happens with the development of technology. There will be an evolution of roles, Musk said.
“If you could look into this future, it would turn out the way you would like it,” the billionaire promised the benefits of AI.
What to Watch
AI outlook — possibilities, not facts
AI development will lead to an era of abundance with high income for all
Speculative · Within years
medical care will become accessible and of high quality for all people in the world thanks to robots and superintelligence
Speculative · Within years
the development of AI will cause the evolution of roles in the labor market
Possible · Within years
Open Questions
- How exactly will an unconditional high income be ensured for everyone?
- What specific mechanisms for the distribution of benefits have been proposed in connection with the development of AI?
- What time horizon is expected for the era of abundance?





