The death of the retirement fund?

Based on this article by AJ Dellinger posted on Gizmodo.

Elon Musk is making waves with a bold new claim: stop "squirreling away" money for retirement because the AI revolution will soon make traditional savings irrelevant. Musk argues that as we hit the "singularity," AI will drive the cost of labor and goods to near zero, ushering in an era of "universal high income" where every need is provided for.

While he predicts human-level intelligence will be reached as early as 2026, critics point out his long history of shifting timelines and his personal interest in fueling tech hype. Ultimately, betting your future on an "infinite money glitch" is a massive gamble, especially since keeping your savings is the only safety net if the roller coaster doesn't land where Musk promises.

Check out this article.

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