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Musk predicts AI will create 'universal high income' and make saving money unnecessary

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1 day ago

Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch next year are a nice gesture, he doesn't think saving money will be necessary with "universal high income" set to prevail in the future.Musk replied to a post by investor Ray Dalio, who announced he was following Michael and Susan Dell in donating funds to help seed so-called Trump accounts, which are new savings and investment accounts created by the One Big Beautiful Bill Act for newborns and young Americans."It is certainly a nice gesture of the Dells, but there will be no poverty in the future and...

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1 day ago
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