Is Money Losing Its Importance as Elon Musk Suggested?

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#1Mar 8, 2019, 12:44 PM
Elon Musk claimed in a podcast that money will lose its relevance, saying that working could become optional like a hobby. Is he serious or just looking for attention?
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mr_apeNewbie
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#2Mar 8, 2019, 03:59 PM
Pretty sure it’s just to grab headlines. People will always need jobs to earn money. The way we work might change, but we still need to work.
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#3Mar 8, 2019, 09:38 PM
Yeah, history shows us that tech advancements kill some jobs but create new ones. Like with the steam engine back in the day. AI might do the same in the future.
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0x4lphaFull Member
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#4Mar 8, 2019, 10:13 PM
This sounds more like a sci-fi fantasy than a real prediction. We’re seeing rising inequality and living costs; it’s not exactly a rosy picture. AI might take over some jobs, but money won’t just disappear.
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cryptodiamondSenior Member
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#5Mar 9, 2019, 01:13 AM
Honestly, I wanted to talk about this weeks ago but it seemed pointless. Musk likes to throw out wild statements for the headlines. He’s said crazier stuff before, like how we’ll live on Mars. I just laugh at that.
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#6Mar 9, 2019, 04:21 AM
No way that will happen. The barter system is too ingrained. People will always earn money for their work. But yeah, we might see a shift to digital currencies, that’s possible.
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#7Mar 9, 2019, 10:37 AM
Right? When has Elon been wrong? Unless aliens come and enslave us, money isn’t going anywhere. But it will change form, like Bitcoin showing us the future of currency.
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yield21Member
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#8Mar 9, 2019, 04:53 PM
Funny how he said Bitcoin was the new energy-based money but then sold off a chunk of Tesla stock. Don’t take everything he says too seriously.
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#9Mar 10, 2019, 09:33 PM
Is he saying work will be optional or just that people will choose to work less? I get that AI will replace a lot of jobs, but we’ll still need humans to oversee that stuff.
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C0ldT0kenHero Member
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#10Mar 11, 2019, 10:49 PM
If Musk’s talking about cash, he’s got a point. Paper money might not hold value in the future, but saying work will be a hobby? That’s just unrealistic.
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#11Mar 14, 2019, 01:20 AM
True, but what if work disappears entirely? If machines do everything, why would anyone get paid? There’s talk about rewarding people just for being human.
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0xGuruNewbie
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#12Mar 14, 2019, 06:48 AM
Losing relevance? I doubt it. Unless people suddenly decide to work for free. Money has evolved but it’s still the universal way to exchange value.
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it5_lynxMember
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#13Mar 14, 2019, 11:36 AM
Yeah, Elon aims to dominate repetitive tasks with tech. Heard he just got a stock option bonus from Tesla; that's his plan in motion.
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nick2015Member
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#14Mar 16, 2019, 09:55 PM
Not surprised if some of his fans hang on every word. Money will only lose relevance if humans vanish and robots take over. As long as people are here, money will matter.
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ben_54tNewbie
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#15Mar 16, 2019, 11:07 PM
The value of money has shifted to things that aren’t tangible, like algorithms and NFTs. So, I can see why some think money could lose its importance.
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its_matrixSenior Member
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#16Mar 17, 2019, 04:06 AM
Elon’s ideas often go beyond what most think. He’s made the impossible possible. With tech evolving, who knows what’s next? We might end up working for fun.
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hypernovaFull Member
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#17Mar 19, 2019, 09:32 AM
Musk says a lot of things, probably between his high times. He doesn’t have the same struggles as regular folks. Working is just a hobby for him.
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chri551Full Member
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#18Mar 19, 2019, 01:04 PM
I actually think he’s onto something. He’s aware of the changes happening in tech and society. His vision might seem extreme, but capitalism is shifting.
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nonce21Full Member
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#19Mar 20, 2019, 06:24 AM
Sure, it might apply to him and others like him. For the average worker, that’s a dream. Most still rely on work to survive.
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its_laserSenior Member
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#20Mar 20, 2019, 09:20 AM
Gotta consider the context of Musk's statement. The world is changing rapidly. Look at banking no more lines, everything’s online now.
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