Elon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’

Saving for retirement is pointless thanks to the impending “supersonic tsunami” of AI and robotics, which will bring about a world of zero scarcity, according to Elon Musk.

While the Tesla and SpaceX CEO admitted he’s “more optimistic” than most, he insisted people shouldn’t stress over building a nest egg for the distant future, contrary to the staid advice of nearly all other financial professionals.

“Don’t worry about squirreling money away for retirement in 10 or 20 years,”...