23 Hrs
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البلاد
Mask envisions a world of abundance without money or work
The article highlights Elon Musk’s expectations for the future of the economy amidst technological advancement. He predicts that in the future, the world will experience high and near-universal income, with the importance of money and work gradually diminishing. It suggests that this outlook depends on tremendous developments in production capabilities and artificial intelligence, so much so that resources will surpass the need for human labor. This would usher humanity into a "fridge of abundance," where goods and services are abundant and inexpensive. Musk believes that achieving this scenario requires significant advancements, despite humanity’s historical association with scarcity and limitations. The technological revolution could lead to radical changes in the job market and living standards, sparking increased debate about the need to adopt strategies such as Universal Basic Income to face future transformations.
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