Elon Musk predicts a world without money by 2036, reactions begin

During a discussion on the future of technology, Tesla's leader argued that the value of money relates to the possibility of providing products and services such as food, housing, transportation or entertainment. He said that if humanoid robots and advanced artificial intelligence systems manage to produce goods and services in far greater amounts than demand, the traditional concept of money could lose significance.

Musk has long talked about the potential of automation, predicting that autonomous robots and machines will take over a considerable part of physical work and industrial processes. According to him, this would lead to a significant increase in resource production and availability.

However, this vision does not convince everyone. Economists and technology specialists stress that even in an automated society, significant challenges will remain, such as the distribution of wealth, control of technology and how citizens will access resources.

Musk's statement has turned the spotlight on the impact artificial intelligence can have on the global economy and whether technological progress will radically change the way the financial system functions in the coming decades.