Elon Musk: Retirement Savings 'Irrelevant' in 20 Years Due to AI & Robotics

• Elon Musk predicts retirement savings will be unnecessary within 20 years due to rapid advancements in AI, robotics, and energy.
• He believes technological trends will lead to a future where traditional retirement planning loses its importance.
• Musk envisions a world where AI and robotics dramatically increase productivity, making goods and services abundant and low-cost.
• This could result in a "universal high income" and access to improved healthcare and free education for everyone.
• Musk acknowledges a "bumpy" path to this future and raises concerns about people finding meaning in a world without necessary work.

Why It Matters: Elon Musk foresees a future where AI and robotics make retirement savings obsolete, but questions human purpose.