Elon Musk suggests AI will make work ‘optional' and money irrelevant

Tech mogul Elon Musk suggested Wednesday that work will become "optional" in the future as AI continues to develop, Report informs via The Hill.

The billionaire offered the bold prediction when asked at the US-Saudi Investment Forum about fears surrounding the future of jobs.

"It'll be like playing sports or a video game or something like that," he said. "In the same way you can go to the store and just buy some vegetables, or you can grow vegetables in your backyard."

"It's much harder to grow vegetables in your backyard, but some people still do it because they like growing vegetables," Musk added. "That will be what work is like, optional. Now, between now and then, there's actually a lot of work to get to that point."

The Tesla CEO shared a second audacious prediction Wednesday for this AI future, suggesting money will become irrelevant.

"My guess is, if you go out long enough, assuming there's a continued improvement in AI and robotics, which seems likely, money will stop being relevant at some point in the future," he said.