Elon Musk said saving for retirement becomes pointless in 10 to 20 years. Not speculation. Math.
Musk: “Don’t worry about squirreling money away for retirement in like ten or 20 years. It won’t matter.”
We passed the event horizon. Retirement savings assumes scarcity persists. It won’t. AI and robotics collapse labor costs to zero. Living costs follow. You’re not saving for security. You’re saving for a world that stops existing.
Musk: “If any of the things that we’ve said are true, saving for retirement will be irrelevant.”
Actually, AI/Robotics will mean everyone can have a penthouse if they want. The output of goods & services will be several orders of magnitude higher than today’s economy.
Read the Iain Banks Culture books for the best imagining of how it will be.
That said, what is the future you want? Amazing abundance seems the best to me.
99% of people really do not understand abundance as Elon describes it.
The fundamental reason is that they don’t understand compound growth.
Same people who would probably pick 1 million dollars today over a penny that doubles in value every day for 30 days.
It’s a bad choice by the way. You lose out on millions.
Imagine if that doubling object was a labor producing robot instead of a penny.
Compounding labor. It’s actually crazy if you try and wrap your mind around it.
So Elon mentions Universl High Income and the midwits flip a lid.
“The elites won’t share”
You don’t get it. They won’t need to share. They will make everything so cheap, it is effectively free.
Charities will have immense resources to distribute.
Unfathomable intelligence will exist to help optimize production and distribution.
An unfathomably large labor pool will exist that operates on solar power exclusively.
The public work projects that are erected will be unseen before levels of breathtaking.
I think we are incredibly blessed to steward this new age of abundance.
Can you see it now?
Can you see the future?
Money is everything.
Don’t let people psyop you into believing it’s only for the greedy to buy junk and flash.
Money is extra years with your pet.
Money is time with your kids instead of work.
Money is a smile on your mother’s face.
Money is literally life or death.
You must focus and earn as much as possible.
10M is the new 1M.
100M bare minimum for a nice life.
🚨BREAKING: Andrew Tate reveals biggest update ever to his online University The Real World 💰
“We’re about to secure our biggest contract ever where students will be paid $150 a day for a few minutes of work on their phone” 😳