Elon Musk Claims Money Will Become Irrelevant. Is He Right?

Source: Ludwig von Mises Institute
by Thorsten Polleit

“At the US-Saudi Investment Forum on November 19, 2025, entrepreneurial titan Elon Musk shared with his audience his vision of the future shaped by advances in artificial intelligence (AI) and robotics. Among other things, Musk said: ‘And my guess is, if you go out long enough — assuming there’s a continued improvement in AI and robotics, which seems likely — money will stop being relevant.’ A future in which money no longer plays a role? Is that really possible, or at least probable? To answer these questions, let us first recall why people have demanded money for thousands of years.” (12/09/25)

https://mises.org/mises-wire/elon-musk-claims-money-will-become-irrelevant-he-right