Elon Musk shoots down 'wrong-headed economic thinking,' says there's 'infinite potential' for job creation

Billionaire business tycoon Elon Musk shot down a scarcity mindset and suggested that there is basically unlimited potential for creating jobs and businesses.

"The ‘fixed pie’ fallacy is at the heart of much wrong-headed economic thinking. There is essentially infinite potential for job and company creation. Think of all the things that didn’t exist 20 or 30 years ago!" Musk declared in a post on X.

Musk's comment was in response to a post from entrepreneur Joe Lonsdale who had mentioned Sriram Krishnan ...