Artificial Intelligence Why Elon Musk says saving for retirement will be 'irrelevant' in the next 20 years

[TheGreatestState]

Why Elon Musk says saving for retirement will be 'irrelevant' in the next 20 years
By Theron Mohamed
Jan 9, 2026, 2:29 AM PT

Excerpt:

Saving for retirement has been a cornerstone of personal finance for well over a century. It could become pointless soon, Elon Musk says.

"One side recommendation I have is: Don't worry about squirreling money away for retirement in 10 or 20 years," the Tesla and SpaceX CEO said during the latest episode of the "Moonshots with Peter Diamandis" podcast. "It won't matter."

"If any of the things that we've said are true, saving for retirement will be irrelevant," Musk added.

The world's richest man, whose net worth exceeds $600 billion, described a future where advances in AI, energy, and robotics supercharge productivity, creating an "abundance" of resources that would allow everyone to be granted a "universal high income."

The "good future is anyone can have whatever stuff they want," Musk said. That would mean "better medical care than anyone has today, available for everyone within five years," he continued. "No scarcity of goods and services. You can learn anything you want about anything for free."

However, the serial entrepreneur warned of a "bumpy" transition to this utopian world, marked by jarring change and social unrest. He also flagged a potential loss of purpose.

"Now, if you actually get all the stuff you want, is that actually the future you want?" he asked. '"Because it means that your job won't matter."

Link to entire article:
https://www.businessinsider.com/elon-musk-retirement-saving-abundance-ai-tech-tesla-spacex-billionaires-2026-1

...

Could Sapioplex be onto something? He discussed this exact topic the other day. Paul knows stuff. They don't call him Smart Paul for nothing. He's deliberately holding back what he knows.

The AI discussion is in the first half of the RamboAndFrens video:

https://freecanada.win/threads/35003/post-468113

 

[Hirudinea]

Why Elon Musk says saving for retirement will be 'irrelevant' in the next 20 years
By Theron Mohamed
Jan 9, 2026, 2:29 AM PT

Excerpt:

Saving for retirement has been a cornerstone of personal finance for well over a century. It could become pointless soon, Elon Musk says.

"One side recommendation I have is: Don't worry about squirreling money away for retirement in 10 or 20 years," the Tesla and SpaceX CEO said during the latest episode of the "Moonshots with Peter Diamandis" podcast. "It won't matter."

"If any of the things that we've said are true, saving for retirement will be irrelevant," Musk added.

The world's richest man, whose net worth exceeds $600 billion, described a future where advances in AI, energy, and robotics supercharge productivity, creating an "abundance" of resources that would allow everyone to be granted a "universal high income."

The "good future is anyone can have whatever stuff they want," Musk said. That would mean "better medical care than anyone has today, available for everyone within five years," he continued. "No scarcity of goods and services. You can learn anything you want about anything for free."

However, the serial entrepreneur warned of a "bumpy" transition to this utopian world, marked by jarring change and social unrest. He also flagged a potential loss of purpose.

"Now, if you actually get all the stuff you want, is that actually the future you want?" he asked. '"Because it means that your job won't matter."

Link to entire article:
https://www.businessinsider.com/elon-musk-retirement-saving-abundance-ai-tech-tesla-spacex-billionaires-2026-1

...

Could Sapioplex be onto something? He discussed this exact topic the other day. Paul knows stuff. They don't call him Smart Paul for nothing. He's deliberately holding back what he knows.

The AI discussion is in the first half of the RamboAndFrens video:

https://freecanada.win/threads/35003/post-468113

TheGreatestState
Well Elon sure doesn't have to worry about retirement but I don't see the powers that be wanting the prols to live a decent life, call me a cynic. I'll believe a post scarcity AI utopia when I see it.


View attachment money1 (online-video-cutter.com).mp4

 

[TheGreatestState]

You're a cynic.

Who do you think is running things? They've been busy laying the groundwork this whole time.


View: https://rumble.com/v4tvrg5-president-trump-we-have-it-all-capitulation-tour-good-lion-films-2023.html?e9s=src_v1_s%2Csrc_v1_s_o&sci=2165efe1-6234-489c-ba74-4c9c8915fd5a

 

[Hirudinea]

Damn right I'm a cynic, and do you know what's great about being a cynic? You're usually right. Of course that's the only thing great about being a cynic but you take what you can get.

 

[ChevChelios]

@Hirudinea: Also the word "cynic" in ancient Greek meant "dog-like", and as we all know doggos are gud bois

 

[TheGreatestState]

@Hirudinea You did say to call you a cynic. So I called you a cynic.

call me a cynic

I happen to be quite cynical myself. However, I've found that it is very easy to get black-pilled about everything... especially, if you're not seeing things from a bird's-eye view. I've learned to observe things differently and, funny enough, that requires a lot of digging. Things aren't always as they appear on the surface.

 

[Hirudinea]

@ChevChelios

If only I was cynical enough to lick my balls. Ah well, that's always the dream.

 

[Hirudinea]

@TheGreatestState

Well you don't seem to have enough cynicism about this. I do think that AI may be as transformative as the industrial revolution and that did increase general quality of life, but I don't see post scarcity in my lifetime and I see many people who would not want to see that at all. I think we're going to have to go through the "Dark, satanic mills" stage before we get to the middle class factory worker stage of the AI revolution and that will take time.

 

[ChevChelios]

@Hirudinea: Think carefully before choosing the dogpill

 

[Hirudinea]

@ChevChelios

 

[Mr Happy]

@Hirudinea Fock you beat me to it LOL

 

[RightOfSask]

Seems like you should save up for that "bumpy transition with years of turmoil" instead.

 

[TheGreatestState]

Everyone should have something saved up, duh.

Who said a "bumpy transition with years of turmoil"? You saying that? That wasn't in the article. There is mention of a "bumpy" transition, yes -- I'd say that's been the last few decades. And, more recently, "...marked by jarring change and social unrest." Sounds about right. Look around. Meantime, globally, positive progress is exploding everywhere. The old, Marxist-globalist (British imperialist) system of control is collapsing. I'd say we are well on our way and over the hump.

 

[Hirudinea]

British Imperialist?

 

[TheGreatestState]

@Hirudinea British imperialist system. It's the same system that's run Canada into the ground.

Do take a moment to watch this:

Trump vs. Davos: Delivering the Terms of Surrender​

View: https://www.youtube.com/watch?v=rx8zBUv8a0Y

 

[Nink]

@Hirudinea

Larouchites be risin...

 

[TheGreatestState]

@Nink You don't make any sense.

 

[RightOfSask]

Mass unemployment due to AI robots will be a far "bumpier transition" than the last few decades.

 

[Hirudinea]

@Nink

La Right.

 

[Nink]

@TheGreatestState

La woosh.

 

[border_humper]

Real estate is unique. Where you can afford to live is still going to be determined by your net worth.

 

[Jack Layton]

and ethnic tolerance

 

[TheGreatestState]

Maybe... for a little while... What do they have in store for us? They keep giving us clues. In the future, what will 'net worth' even mean?

 

[Hirudinea]

UBI ain't going to get you a house in the Hamptons.

 

[brutana_dilewski]

“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”​

-Thomas Sowell

• Fiat currency will be debased to zero
• Very few people own physical assets (many own liabilities like real estate, but not real assets, like a bar of gold)
• Social cohesion is breaking down in developed nations thanks to mass immigration and government overreach
• Mass immigration has also destroyed the employment and housing market
• We have not solved the problem of scarcity because we live on a planet with finite resources. We are far away from 'Star Trek' and likely will never get there

I don't know what Elon's talking about, but people are getting poorer, not wealthier. Government will be unable to provide basic services likely within 10-15 years at the current rate of decline. There will be no CPP/OAS for people under the age of 55, because it will be gone before they are eligible to claim it.

This is still a Darwinian world, nothing will be given away without paying the market price. Government intervention in the markets will end once they become insolvent, which is definitely happening in the next decade or two at the absolute latest.

 

[ChevChelios]

"liabilities like real estate"

Land is only a liability if you don't own it outright. It's certainly possible that governments could increase property taxes to punitive levels in order to help prop up their failing system, but then they'd be risking a mass revolt

 

[Matrage]

Why Elon Musk says saving for retirement will be 'irrelevant' in the next 20 years
By Theron Mohamed
Jan 9, 2026, 2:29 AM PT

Excerpt:

Saving for retirement has been a cornerstone of personal finance for well over a century. It could become pointless soon, Elon Musk says.

"One side recommendation I have is: Don't worry about squirreling money away for retirement in 10 or 20 years," the Tesla and SpaceX CEO said during the latest episode of the "Moonshots with Peter Diamandis" podcast. "It won't matter."

"If any of the things that we've said are true, saving for retirement will be irrelevant," Musk added.

The world's richest man, whose net worth exceeds $600 billion, described a future where advances in AI, energy, and robotics supercharge productivity, creating an "abundance" of resources that would allow everyone to be granted a "universal high income."

The "good future is anyone can have whatever stuff they want," Musk said. That would mean "better medical care than anyone has today, available for everyone within five years," he continued. "No scarcity of goods and services. You can learn anything you want about anything for free."

However, the serial entrepreneur warned of a "bumpy" transition to this utopian world, marked by jarring change and social unrest. He also flagged a potential loss of purpose.

"Now, if you actually get all the stuff you want, is that actually the future you want?" he asked. '"Because it means that your job won't matter."

Link to entire article:
https://www.businessinsider.com/elon-musk-retirement-saving-abundance-ai-tech-tesla-spacex-billionaires-2026-1

...

Could Sapioplex be onto something? He discussed this exact topic the other day. Paul knows stuff. They don't call him Smart Paul for nothing. He's deliberately holding back what he knows.

The AI discussion is in the first half of the RamboAndFrens video:

https://freecanada.win/threads/35003/post-468113

TheGreatestStateDidnt this drug addict say we would be in Mars by now? I would listen to anything that comes out of his mouth

 

[TheGreatestState]

Didnt this drug addict say we would be in Mars by now? I would listen to anything that comes out of his mouth

If I remember correctly, that 'drug addict' plans to send his Starship to Mars and have a colony started up with robots in five years or so and humans living there within a decade.

Yes, take your own advice: "I would listen to anything that comes out of his mouth."

 

[ChevChelios]

Wait, so... you actually believe his bullshit?

 

[TheGreatestState]

@ChevChelios Explain 'his bullshit'. I'll wait.

 

[WHlTE_W4LKER]

It's simply fake and gay.

 

[TheGreatestState]

@WHlTE_W4LKER I did not ask you.

 

[WHlTE_W4LKER]

Sorry for inserting some truth into your private conversation!

 

[TheGreatestState]

@WHlTE_W4LKER You inserted truth? What truth? If you want to interject something useful into this thread, have a conversation. There's plenty to discuss.

What The F - U.S. Department of Labor on X

Oh, look. The U.S. Department of Labor is jumping onto the Q Train. But, it's just a conspiracy theory, right? https://x.com/USDOL/status/2007933111729021305 https://x.com/USDOL/status/2009391453181759637

freecanada.win

View: https://rumble.com/v743c7w-sapioplex-jfanon-patrick-ramboaf-296-2pm-est.html?e9s=src_v1_upp_a

 

[ChevChelios]

@TheGreatestState: "Explain 'his bullshit'. I'll wait."

You don't have to wait long for someone to explain to you that just because someone says "I'm going to Mars" doesn't mean he's actually going to fucking do it

 

[TheGreatestState]

@ChevChelios Perhaps you haven't noticed, but Elon isn't your average idiot. When was the last time somebody built a Mechagodzilla? Or even a Starship?

 

[Hirudinea]

Hey getting to Mars is easy, getting to there and back alive is a fucking miracle!

 

[TheGreatestState]

Give the guy a chance. He's sending robots first.

He's already got fucking Mechagodzilla grabbing rockets out of the air with its claws and cradling them in its arms FFS.

 

[Hirudinea]

@TheGreatestState

Considering what the Delta Clipper did years ago it's not that impressive. Hey SpaceX, and others, are doing some great stuff, but Elon isn't that far ahead of the pack.


View: https://www.youtube.com/shorts/rFNyFcaqfDs

 

[ChevChelios]

@Hirudinea: This footage is clearly reversed: at the end of it you can hear someone saying "Paul is dead"

 

[Hirudinea]

@ChevChelios

And a recipe for a real ripping lentil soup.

 

[ChevChelios]

@Hirudinea:
View: https://youtu.be/168P4z5CMWI?t=6

 

[WHlTE_W4LKER]

Muskrat posts shit like this on his X today.

View: https://files.catbox.moe/1nmfwv.mp4
Grown men (man children) coom their pantaloons and say wow muh based billionaire (no such thing) is going to mars!

It's ALL fake and gay.

Time to retire the space jammies and rocket ship bed!

 

[WHlTE_W4LKER]

Space men love this real genuine video of outer space

Crickets

 

[ChevChelios]

@WHlTE_W4LKER: We're in the age of fake everything else -- fake food, fake women, fake genocides -- so this is no surprise

 

[ayn_rands_ghost]

@ChevChelios Fake women? You do not day... lol

View: https://x.com/PPC4Liberty/status/2011917492009021495?s=20

 

[ChevChelios]

@ayn_rands_ghost:
old hotness: being catfished
new hotness: being Jagdish'd

 

[Hirudinea]

@ChevChelios

Or if they're from Africa being tilapiad.

 

[BilboBenis]

No digital ID no UBI, poor social credit, out of date boosters exc. UBI for good goyim only

 

[dagthegnome]

Butlerian Jihad now.

 

[Hirudinea]

But what about my Netfilx!?

 

[dagthegnome]

Black Butlerian Jihad?

 

[hugh_madd]

@dagthegnome

The made the one mentat in the movie black, which is pretty funny.

 

[Picard]

If everyone has a universal high income, are they going to work? How can the system provide wealth without productivity? Imagine if everyone in Canada got $100,000/yr cash money in your pocket. How many working people would go to work? Not trying to be contrarian but people generally only work because they need to to get money. If they don’t NEED to, many won’t. Even if AI and robots etc can do all of the work, where is the money coming from?

 

[Jack Layton]

All your rent, power, gas, Robellus goes up x percent from the old national average income.

 

[ovarieasy]

Oh Picard, you of all people should know! It'll be just like Star Trek!

 

[ChevChelios]

If the future includes a holodeck simulation of Deanna Troi I can put up with all manner of financial deprivation

 

[border_humper]

minor details, pussycat! stop saving!

 

[Hirudinea]

Would people work? Yes, probably. People like to have something to do so they would probably still do something, very few would just sit around on their asses doing absolutely nothing. But would they do productive work? Probably not.

 

[Picard]

I dunno man if you asked 100 people if they wanted to quit their job tomorrow and still get paid I bet at least 90 would say yes. Might be a bubble thing, most people are super lazy imho

 

[Hirudinea]

@Picard

Oh sure, quit the job they have, but if you didn't have to work to make money what would you do with yourself? Would you sit around on your ass all day? Do you have a hobby, something you would love to do but just can't because you have to make money? That's what I think most people would do, do what they "love". But a functioning economy needs people to do jobs that nobody loves and that's where the whole Techbro AI utopia falls down for now.

 

[hugh_madd]

@Hirudinea yes they just sit on their asses doom scrolling Insta and TikTok all day, every day. A shockingly high number of people would do this without hesitation or thought.

 

[Hirudinea]

@hugh_madd

A lot would unfortunately, still I can see a lot of home bakers, classic car mechanics, etc. But doom scrolling can be some people's "hobby".

 

[TheGreatestState]

@Hirudinea You said: "But a functioning economy needs people to do jobs that nobody loves and that's where the whole Techbro AI utopia falls down for now."

Have you seen Elon's robots lately? They're progressing very quickly. The transition is being done gradually over time.

 

[Hirudinea]

@TheGreatestState

I agree there is progress but firstly I don't see it coming in the next 20-30 years, and secondly I don't ever see the powers that be allowing us to enjoy the tech utopia, we'll own nothing and be happy, remember?

 

[TheGreatestState]

@Hirudinea You: "...I don't see it coming in the next 20-30 years..."

That's nice. Then, you'll get a nice big surprise when it comes even sooner than that.

You: "...I don't ever see the powers that be allowing us to enjoy the tech utopia, we'll own nothing and be happy, remember?"

That's nice. Then, you'll get a nice big surprise when when you finally realize that the whole Marxist-globalist/British imperialist system of governance has, seemingly, been entirely brought down by one man: Trump.

 

[Hirudinea]

@TheGreatestState

Honestly I would really, really like to get a nice surprise.

 

[TheGreatestState]

@Hirudinea I don't think you know what honesty is.

 

[Hirudinea]

@TheGreatestState

I'm an open book.

 

[ovarieasy]

View: https://www.youtube.com/watch?v=u3_qf44FDgs

 

[ChevChelios]

Okey-dokey

 

[hugh_madd]

That dude dreseses way better than Musk.

 

[censorthisss]

He may be right in the end, but his timeline is way off.

the "good future is anyone can have whatever stuff they want," Musk said. That would mean "better medical care than anyone has today, available for everyone within five years," he continued. "No scarcity of goods and services"

So who's going to wipe grandma's ass? A robot?

 

[border_humper]

Fingers crossed the robots are ready to wipe my ass in 40 years.

 

[Hirudinea]

That's the idea, the problem now is that while a robot can wipe Grandma's ass there is a very non trivial chance that is will also tear her asshole right out. Self driving cars are good 99% of the time, but that other 1% is a fucking killer.

 

[ovarieasy]

non trivial chance that is will also tear her asshole right out

So no different from an imported Nigerian aide worker.

 

[Hirudinea]

@ovarieasy

Well the robots probably won't hurt you intentionally.

 

[ChevChelios]

@Hirudinea: How dare you speak ill of the A55-YPR robot, you Luddite

 

[Nink]

 

[ButteryBastard]

There’s no future where AI has made things so plentiful that the oceans are traffic jams with a billion super yachts floating around and the skies are so jammed with private jets you can’t land anywhere. There’s no chance that a billion Africans are ripping around in lambos or that India has working plumbing.

Anyone who says anything about an abundance future driven by AI is an idiot. If he means you’ll maybe have food and a pod to live in, sure. But there is no world where I can wake up and drive my free Aston Martin and get a free oceanfront mansion with a dock for my free offshore fishing boat or go get a free 500 acre piece of land to hunt on. Its ridiculous to think that.

 

[ChevChelios]

But you might be given a free pair of VR goggles with which to simulate such things

 

[BeerAndOil]

Star Trek had replicators that made as much food as you wanted, but all the crew still stayed in small rooms or communal bunks.

Honestly doesn’t sound that much different from a modern seniors home.

 

[TheGreatestState]

You: "...but all the crew still stayed in small rooms or communal bunks."

Of course they did. They were the CREW on a SPACESHIP, in SPACE.

But, they sure had a cool holodeck...

People in Star Trek live luxuriously when they aren't choosing to work on a spaceship with limited space. In space.

 

[ChevChelios]

You do know that show was fictional, right?

 

[TheGreatestState]

@ChevChelios No offense, but what kind of a fag are you?

 

[ChevChelios]

@TheGreatestState: I'm not the one constantly sucking Elon's and Donald's cocks

 

[TheGreatestState]

@ChevChelios Projecting your own sick fantasies onto others is no way to go through life, son.