Elon Musk has repeatedly said there will be no poverty in the Future. Recently, I started researching how that will happen, and the things I discovered that will happen 100 years from now are both scary and very inspiring.

People won't really need money in the Future.

Yes, I know it's hard to agree now because 99% of people's problems are money-related, but that's the truth. In the future, you won't need money for anything, and there will be almost zero poverty. You will need some deep research on how money truly works to agree with this.

2025/12/18 Edited to

... Read moreElon Musk's declaration that "there will be no poverty in the future" and his idea that people won’t need money anymore may sound radical, but it reflects evolving discussions about the future of economics and society. According to his vision shared via X.com, there will be universal high income ensuring everyone’s basic needs are met, eliminating poverty as we know it. This concept aligns with ideas such as Universal Basic Income (UBI), where governments provide citizens with regular, unconditional payments to cover living essentials. As technology advances, automation and artificial intelligence are likely to transform labor markets dramatically, increasing productivity and potentially reducing the cost of goods and services. This could make traditional money less necessary because scarcity—the fundamental reason money exists—could be alleviated through abundant production and resource sharing. Moreover, insights into how money works today reveal it as a social construct based largely on trust and agreed value. If society collectively moves toward a system where wealth is distributed based on need or contribution rather than money ownership, economic relationships will fundamentally change. However, reaching this type of society will require profound shifts in governance, economic policies, and social attitudes. Discussions about technologies such as blockchain and digital currencies also play a role in shaping future monetary systems that are more transparent and possibly less tied to physical cash. In this future, where money might no longer govern human interactions or access to resources, poverty could be eradicated by ensuring everyone has what they need to live with dignity. Although this vision seems far off and challenges many current beliefs about economics, it inspires us to rethink possibilities for a fairer and more abundant world.

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