Musk made his prediction at the U.S.-Saudi Investment Forum in Washington, D.C., on Wednesday, Nov. 19. While speaking to Abdullah Alswaha, Saudi Arabia’s minister of communications and information technology, and Nvidia founder Jensen Huang, Musk suggested, "In about 10 or 20 years, my prediction is that work will be optional."
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The Tesla and SpaceX CEO went on to say that "assuming there’s a continued improvement in AI and robotics," he believes "there will still be physical constraints, such as energy and matter, but currency will become irrelevant."
Elon Musk predicted that AI and robots would eventually allow work to become optional for human beings, that money would become “irrelevant” and poverty would cease to exist. pic.twitter.com/yz9QsBlqMr
— The Associated Press (@AP) November 19, 2025Another asked, "So why does he care about increasing the birth rate then?"
One unbeliever used a Dr. Evil GIF from the Austin Powers movies to question these claims, writing, "The guy that just took a TRILLION DOLLAR SALARY says money will be irrelevant …"
The guy that just took a TRILLION DOLLAR SALARY says money will be irrelevant … pic.twitter.com/Jo4ZzZFXZy
— Bo (@PlaceboWalrus) November 20, 2025Musk's latest claims about our future workforce come after his response to Peter H. Diamandis, MD, who wrote on X last month, "800,000 layoffs in 2025. 10,000 in September alone tied to AI. Jobs are disappearing fast. But here’s the truth no one wants to say: It’s the start of a new gold rush... for those who learn how to build with the machines, not fight them."
Working will be optional in the future. There will be universal high income.
— Elon Musk (@elonmusk) October 21, 2025Musk responded directly to that X, "Working will be optional in the future. There will be universal high income."
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