Elon Musk, the richest man in the world, doesn’t think you should bother saving for the future. Not because he’s finally decided to go mask-off Bond villain and threaten to destroy the world, but because there’s going to be infinite money available thanks to the development of superintelligence.
Weird. Why was he recently so worried about the national debt and federal “waste” then?
Earlier this week, a Twitter user going by the handle @battleangelviv posted, “Justifying each of my questionable financial decisions with the fact that we’re headed towards a future of abundance. Don’t be like, totally reckless, but also most of it won’t matter in a few years anyway.” Musk later replied, “Saving money for the distant future is pointless with the advent of super intelligent abundance.”
This is actually a bit of a refrain for the trillionaire. Earlier this year, during an appearance on the podcast Moonshots with Peter Diamandis, Musk told listeners, “One side recommendation I have is: Don’t worry about squirreling money away for retirement in 10 or 20 years. It won’t matter,” later reiterating, “Saving for retirement will be irrelevant.”
And hey, it’s hard to argue that wouldn’t be extremely cool. A little strange that the guy who is so fundamentally opposed to communism is also basically advocating for a communist future, but whatever, we can just let that one go unexamined.
One question that does at least feel worth asking, though: Does Elon Musk act like someone who believes abundance is coming?
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