Musk2026-09-02 09:21:51Musk Says 1 Billion Humanoid Robots Within a Decade Could Expand Global Economy 10xElon Musk told the G20 summit on Tuesday that AI could add $20 trillion to $30 trillion to annual global output, with productivity gains already visible and robotics set to push them further. The Tesla and SpaceX chief, appearing by video link from Asheville, North Carolina, predicted one billion humanoid robots will exist within ten years, each capable of producing at least five times as much as a human, which could expand the world economy more than tenfold. He also said AI would handle nearly all digital tasks that leave the physical world untouched by the end of next year, reach Stockfish-level ability in software, and excel at every form of engineering and digital work within 12 to 18 months. His comments come as SpaceX raises its AI spending: second-quarter AI revenue climbed 247% year over year to $2.6 billion, infrastructure outlays hit $15.8 billion — about 86% of total capex — and the company acquired coding platform Cursor for $60 billion while releasing Grok 4.6.1090
G20 Summit2026-09-01 00:58:10Circle president and Ramp CEO expected at G20 summit with Wall Street executivesPolitico reported that a group of senior executives from banking, crypto, technology, manufacturing, and healthcare are expected to attend the G20 summit, including several names tied to digital assets. Among those expected at the meeting are JPMorgan Chase CEO Jamie Dimon and Goldman Sachs CEO David Solomon, alongside business leaders from multiple industries. The reported attendee list also includes Citi global head of digital assets Ryan Rugg, Ramp CEO Eric Glyman, and Circle President Heath Tarbert. The report places crypto-linked executives in the same gathering as some of the most prominent figures in traditional finance, though no additional details on agenda or speaking roles were disclosed in the source material.980
