i heard him talking about this as well... suggesting that AI was going to take over many roles prividing a multitude of good and services... so we won't need to buy as much as prices would go down, and we would have DEFLATION... and a few other things... then universal standard income..... and i was rather confused by his whole plan..
It relies on the world that in part has mostly be taught to "accquire" things... to stop. that is not going to happen. certainly not in 5 years...
for there to be plentiful goods and services, we need to start with essentials. Food. water. shelter. at the moment we have a surge in AI factories producing more plastic to meet consumer demand. this would all need to reverse.
don't get me wrong, AI will change things (if it doesn make a robot army to take over the world) but the new normal won't switch to that overnight.
AI will NOT take all the jobs. it WILL take all the jobs that are basic, repetitive and easy for an AI to do. and in its place we will have a HUGE amount of NEW jobs. ones we have never heard of. Just like in 1997, when i was looking for a part time job. the idea of a "youtuber" and "influencer" a "app designer" or the wide range of IT specialists were not there.
anyway im not sure where we are going... but money is not going to dissapear like tath overnight and not take the world down in flames at the same time. (I guess its an option)
lets hope the world makes better choices than elon's friends.
And the "acquisition" gap is just going to get wider and wider as more people fall out of work.
What people don't realise is, *nearly all jobs are basic, repetitive and easy to do. Everything is process based, and the AI will keep getting better and better, designing robots with physical processes better than we can ever manage.
oh 100% going to get much wider... this wont affect the rich for a long time for sure. Its why elon doesn't appear to be worried and is more optimistic i think..
And yes i DO agree that many of the jobs are basic and repetitive and AI can do them. I don't disagree... however hopefully people realise this is a bad plan. Other wise humans as a species will be wiped out and robots take over the world. Like Dr Who.. or the Borg.
Im not sure where we are going, however Elon seems very calm about it... not sure i am very calm about it...