Elon Musk recently suggested that retirement savings could become “irrelevant” within the next decade, as advancing technologies may create an era of abundance where nest eggs are no longer necessary. However, Anthropic CEO Dario Amodei cautioned that achieving such a future will be difficult.
Elon Musk Says Retirement Savings Could Be Irrelevant
In an essay, he wrote that while AI could raise living standards for everyone, the transition will involve unprecedented shocks, including mass job losses and rising inequality. Amodei warned of a potential underclass of displaced workers and extreme wealth concentration. He stressed that governments, companies, and philanthropists must cooperate to ensure AI benefits society fairly.
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