Elon Musk: money won't matter in 10 years

Elon Musk predicts money will be irrelevant in 10 years. Optimists see abundance; skeptics, a dystopia of resource control.

English · Original discussion in Spanish · Published

Elon Musk: money won't matter in 10 years

The founder of Tesla and SpaceX claims that within a decade money will have lost its relevance. A vision of abundance that clashes head-on with the most skeptical voices, who see in his words a dystopia of resource control.


The promise of abundance or engineered scarcity
Musk envisions a future where technology will have eliminated scarcity. However, plenty of people interpret the opposite: that money will be useless because resources will be rationed by other means. References to Huxley's soma or a misunderstood Marxism pepper the debate.

What if money loses its function?
Some argue that free energy and communications would end the need for currency; others antiestéticar that, in that case, we'd have to pay to breathe. The irony of donating money to Cáritas or the warning that the future currency will be ammunition reflect widespread skepticism.

In short, Musk's prophecy divides those hoping for a technological paradise from those who see the prelude to a new feudalism. The only certainty is that, in the meantime, money still rules.

Also available in: Deutsch

Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (30 replies).

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