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Elon Musk
2026-07-24 05:51:26

Musk says AI could surpass human intelligence within five years, with money becoming less important around 2036

Elon Musk said in a 90-minute interview with The Economist that artificial intelligence could exceed human intelligence within the next five years and, together with robotics, could push the world into what he described as an era of “high abundance” in about a decade. He argued that once AI systems and robots have enough digital intelligence and productive capacity, the global economy could move close to a state of near-infinite supply, where work is no longer necessary for basic living and the importance of money gradually fades. Musk said that if the number of robots becomes large enough, society could enter a “quasi-infinite economy” in which AI can produce more goods and services than humans can consume. He added that the traditional monetary system could become significantly less important around 2036. On how such an economy might function, Musk said governments may need to keep society running by distributing funds directly to the public, and he argued that AI-driven productivity gains could lead to deflation rather than inflation. He also said the economic structure of the AI era may differ sharply from traditional economic rules, especially in areas such as corporate profit models, government revenue and broader social transition. Beyond economics, Musk discussed the possibility of using data centers deployed in space to support AI computing, reaffirmed the long-term goal of sending humans to Mars, and reflected on his earlier involvement in the Trump administration’s Department of Government Efficiency, or DOGE, saying he may have spent too much energy on politics.

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Musk says AI could surpass human intelligence within five years, with money becoming less important around 2036