Elon Musk, the CEO of Tesla and SpaceX, has made a bold prediction about the transformative potential of AI and robotics, asserting that these technologies will ultimately lead to a future of “universal high income” and eliminate the need for individuals to save money. Musk labeled the newly announced Trump Accounts a “nice gesture” that he believes will ultimately be useless.
Fox Business reports that in a recent post on X, his social media platform, Musk responded to investor Ray Dalio’s announcement about contributing to “Trump accounts”—new savings and investment accounts for young Americans created by the One Big Beautiful Bill Act…
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