Part 8/12:
He further points out that conventional projections about AI development times are obsolete. Thanks to breakthroughs supported by AI itself—streamlining design, supply chain logistics, legal processes, and more—progress has been accelerated by factors of ten or even thousands. This means the transition to a new economy driven by AGI will be far faster and more profound than many anticipate.
The Societal and Economic Impact
Musk envisions a near future where in 2026-2027, the world will witness a complete transformation of labor markets, with AGI and humanoid robots fundamentally altering how value is created. This revolution will lead to mass job displacement but also unimaginable growth and new opportunities for those positioned to leverage these technologies.