Elon Musk makes staggering new prediction about the future of work: “There is only one way to make everyone rich”

During last Wednesday’s visit by the Saudi Arabian delegation to the United States for the U.S. Saudi Investment Forum 2025, Elon Musk offered what he believes is the key to ending global poverty. According to the Tesla chief, artificial intelligence will make traditional work obsolete within the next two decades.

His comments at the forum have been circulating widely on X, drawing thousands of responses. Musk also said that money will lose significance in the future. “AI and humanoid robots will undoubtedly eliminate poverty, and Tesla will not be the only company building them,” he said.

AI and robotics as path to universal wealth

Musk believes Tesla will be a leader in AI and humanoid robotics, “but there will be many other companies that build humanoid robots,” he said. “Basically, there is only one way for everyone to be rich, and that is AI and robotics. And we cannot talk about robotics without mentioning AI.”

Work will become a hobby in the future

Poverty, artificial intelligence and the future of work were the central themes of his remarks. Musk argued that employment could become optional in as little as ten to twenty years. He compared future work to a hobby, something closer to playing video games or taking part in recreational sports. It would be an activity people choose because it entertains them, not because they need it to survive.

Musk’s forecast paints a world where robots and AI take over virtually all labor. That vision is already starting to take shape as companies replace workers with machines in manufacturing, transportation and customer facing services. At the same time, entirely new roles tied to AI are emerging.

Musk’s prediction comes as own wealth skyrockets

His comments arrive at a moment when Musk could become the world’s first trillionaire. With an estimated net worth of 473 billion dollars, the Tesla CEO could see his annual compensation of 56 million dollars multiply significantly if shareholders approve a package that could eventually push his earnings toward the one trillion dollar mark.

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