Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Musk's Vision of a Future Without Mandatory Work Ignites Discussions on the Practicality of AI and Social Disparities

Musk's Vision of a Future Without Mandatory Work Ignites Discussions on the Practicality of AI and Social Disparities

Bitget-RWA2025/11/21 00:46
By:Bitget-RWA

- Elon Musk predicts work will become optional in 10-20 years as AI/robotics render traditional labor obsolete, comparing future employment to leisure activities. - Tesla aims for 80% of its value to derive from Optimus robots, while economists question scalability challenges and decreasing returns in robotics adoption. - AI-driven sectors like Energy Management Systems are projected to grow rapidly, but face high costs and integration barriers for small businesses. - Critics warn Musk's vision risks exace

Elon Musk has forecasted that within the next decade or two, employment will become a matter of personal preference and financial concerns will diminish, all due to rapid progress in artificial intelligence (AI) and robotics. During his appearance at the U.S.-Saudi Investment Forum in Washington, D.C., the

CEO compared the future of work to a hobby, much like tending a vegetable garden—something people may choose to do for enjoyment, but no longer out of necessity . "If you decide to work, it’s similar to choosing between buying vegetables at a store or growing them at home," Musk explained, .

Musk’s outlook is based on a world where countless robots take over physically demanding jobs, driving productivity so high that people can work for pleasure rather than for survival. His $470 billion company, Tesla,

, with Musk projecting that 80% of Tesla’s value will eventually come from its Optimus humanoid robots. Still, many economists question how soon this will happen. Ioana Marinescu, an economist at the University of Pennsylvania, points out that while AI is spreading quickly, robotics still struggle with high costs and scaling issues . "As technology matures, diminishing returns often appear," she said, referencing the industrial revolution as an example from history.

The idea of a future where scarcity is eliminated and money becomes obsolete is inspired by science fiction writer Iain M. Banks’ Culture series, which

. Musk has voiced similar concepts, proposing that a “universal high income” could take the place of traditional jobs . His statements are in line with OpenAI CEO Sam Altman’s support for universal basic income, though specific policy proposals have yet to be developed .

Musk's Vision of a Future Without Mandatory Work Ignites Discussions on the Practicality of AI and Social Disparities image 0
At the same time, AI-driven changes are already transforming industries. For example, the worldwide Energy Management Systems (EMS) market is expected to rise from $56 billion in 2025 to $219.3 billion by 2034, . This growth highlights AI’s impact on streamlining operations, though obstacles like steep initial investments and complicated integration remain, especially for smaller firms .

Major corporations are also evolving. C3.ai, a top provider of AI solutions for businesses,

. Nevertheless, C3.ai has faced its own financial setbacks— —illustrating the unpredictable nature of the AI industry. The company, which pulled its annual revenue forecast amid executive changes, .

Critics say Musk’s optimistic outlook ignores significant social and political barriers. Anton Korinek, an economist at the University of Virginia, cautions that a society where work is optional could disrupt social bonds,

. Samuel Solomon, a labor economist from Temple University, adds that achieving inclusive prosperity—and not worsening inequality—will demand strong policy measures . Torsten Slok of Apollo Global Management observes that AI-driven wealth has already increased disparities, with the “Magnificent 7” stocks outpacing the rest .

As discussions about AI’s broader effects continue, Musk’s forecasts remain at the center of attention. Whether his vision of a society beyond work becomes reality will hinge not only on technological breakthroughs but also on tackling inequality and redefining human roles in an automated world

.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates Today: MSCI's Index Decision May Change MicroStrategy's Classification, Potentially Weakening Bitcoin's Integration into Mainstream Finance

- JPMorgan warns MSCI excluding MicroStrategy from indices could trigger $11.6B in outflows, threatening its Bitcoin-linked valuation. - Strategy's stock now trades at 0.90x Bitcoin holdings (vs. 2.7x last year), reflecting index exclusion concerns over its 56% BTC portfolio. - MSCI evaluates if firms with >50% digital assets should stay in benchmarks, with decision due Jan 15 that could reclassify Strategy as an investment fund. - Active managers face reputational risks if Strategy is delisted, while its

Bitget-RWA2025/11/21 01:40
Bitcoin Updates Today: MSCI's Index Decision May Change MicroStrategy's Classification, Potentially Weakening Bitcoin's Integration into Mainstream Finance

Ethereum News Update: Major Ethereum Holder Changes Strategy, Acquires $162 Million in ETH Amid Anticipated Fed Rate Reduction

- Ethereum whale accumulates $162M in ETH, boosting total holdings to 432,718 ETH ($1.36B), signaling potential market sentiment shift. - Strategy shifts from shorting to accumulating, with recent Aave V3 deposits and Binance transfers reflecting DeFi-driven liquidity tactics. - Actions align with Fed rate cut speculation (39.6% probability) and contrast with other whales' profit-taking from short positions. - Whale's 0.2% ETH market share highlights institutional crypto positioning diversity, as DeFi plat

Bitget-RWA2025/11/21 01:40
Ethereum News Update: Major Ethereum Holder Changes Strategy, Acquires $162 Million in ETH Amid Anticipated Fed Rate Reduction