Musk says AI may make money irrelevant, Bitcoin billionaire Michael Saylor disagrees
Oct 3, 2026 4:14 PM
Money will be irrelevant by 2036. We are entering an age of "universal high income" where AI and robots produce such extreme abundance that even building a castle will be trivial. The traditional economy is dying because when everything is plentiful, money loses its purpose. But are we too status-oriented to ever accept a world without scarcity? Can a society function when everyone is "rich," or will we always find new ways to signal status? Is Musk’s vision realistic or pure fantasy?
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