Transcription
What do you think money will be in the future, Elon?
>> I think long term I think money disappears [music] as a concept. Honestly, it's it's kind of strange, but um in in a future where anyone can have anything. [music] Uh I think you no longer need money as a database for labor allocation.
Um if if there's if AI if AI and robotics are big enough to satisfy all human needs, then then money is no longer it its relevance declines dramatically. It's I'm not sure we will have it.
So you the best sort of uh imagining of this future that I've read is uh from Ian Banks, the culture books. So I recommend people read the culture books in in the sort of far future of the culture books. There's they don't have money either. Um, and everyone can pretty much have whatever they