Elon Musk Says Saving for Retirement Will Be ‘Irrelevant’ in 20 Years

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Elon Musk Says Saving for Retirement Will Be ‘Irrelevant’ in 20 Years, Predicts AI and Robotics Breakthroughs To Usher In Era of ‘Universal High Income’

Elon Musk Says Saving for Retirement Will Be ‘Irrelevant’ in 20 Years, Predicts AI and Robotics Breakthroughs To Usher In Era of ‘Universal High Income’ | :mobile_phone_with_arrow: LatestLY

Just like in Tintin when Haddock is tempted to grab a bottle of whiskey, I have

  • An angel on one shoulder telling me Musk is right
  • A devil on the other saying: no, greed will win and $$$ will concentrate among the very few

…imagine Musk is right: how to then still gain from investments? And if he is wrong?

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I hear he is really good at predictions.

In 2011 Elno said he would put a man on Mars in 10 years.
Elon Musk: I’ll Put a Man on Mars in 10 Years
“Best case 10 years, worst case 15 to 20 years.”

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“Musk’s overall success rate for these predictions was 16.28%.”

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Elno could easily skew up his average to above 50% by making daily predictions about tomorrow’s weather based on today’s weather (apparently a 60-70% success rate).

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