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When asked about concerns surrounding the future of jobs in the world of AI, Musk said the technology would make work “optional” and money “irrelevant”.
Tech mogul Elon Musk at the US-Saudi Investment Forum. (Reuters Image)
Tech billionaire Elon Musk made a bold prediction about artificial intelligence at the US-Saudi Investment Forum, saying AI will make work “optional” and money “irrelevant”.
When asked about concerns surrounding the future of jobs in the world of AI, Musk said, “It’ll be like playing sports or a video game or something like that. In the same way, you can go to the store and just buy some vegetables, or you can grow vegetables in your backyard.”
“It’s much harder to grow vegetables in your backyard, but some people still do it because they like growing vegetables. That will be what work is like, optional. Now, between now and then, there’s actually a lot of work to get to that point,” he was quoted as saying by The Hill.
The Tesla CEO also suggested that money will become irrelevant in the age of AI. “My guess is, if you go out long enough, assuming there’s a continued improvement in AI and robotics, which seems likely, money will stop being relevant at some point in the future,” he said.
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Fears Over AI Impact On Jobs
Meanwhile, Nvidia CEO Jensen Huang provided his take on the near-term impacts of AI. “Everybody’s jobs will be different, I think that’s for sure. How students learn will be different. How people do their work will be different, obviously, because a lot of the things that we do mundanely or arduously or very difficultly, are going to be done very simply,” he said.
Huang, whose company supplies the chips powering the AI boom, has repeatedly argued that it will change jobs but won’t result in the mass loss of jobs as many fear. However, Anthropic CEO Dario Amodei has repeatedly warned that AI could wipe out half of entry-level white-collar jobs in the next few years.
Earlier, Google CEO Sundar Pichai cautioned against the “irrationality” surrounding the ongoing AI boom, warning that no company, including Google, would be immune if the AI bubble were to burst.
Speaking to the BBC at Google’s California headquarters, Pichai said, “We can look back at the internet right now. There was clearly a lot of excess investment, but none of us would question whether the internet was profound… I expect AI to be the same. So, I think it’s both rational and there are elements of irrationality through a moment like this.”
Several other tech leaders have also voiced concerns about an AI bubble. At OpenAI’s DevDay last month, CEO Sam Altman acknowledged that parts of the AI ecosystem are already showing signs of excess. “I know it’s tempting to write the bubble story. In fact, there are many parts of AI that I think are kind of bubbly right now,” he said.
Aveek Banerjee is a Senior Sub Editor at News18. Based in Noida with a Master’s in Global Studies, Aveek has more than three years of experience in digital media and news curation, specialising in international…Read More
Aveek Banerjee is a Senior Sub Editor at News18. Based in Noida with a Master’s in Global Studies, Aveek has more than three years of experience in digital media and news curation, specialising in international… Read More
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November 19, 2025, 23:29 IST
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