By that point money ceases to have value, because the value of money comes from the motivation it gives people to work. If AI does everything, then money is useless (unless AI like money for some reason).
replyThere will still be a need to distribute and exchange ressources, goods and services.
replyReal estate, food, energy, mobility.
That will be done with money. Or violence. Either way, a scary future to people when labor doesn't provide any value. Elon promises abundance, but what can he do against greed?
I am genuinely worried about violence, especially if people start losing their jobs due to automation.
replyPeople are still going to be motivated to eat and have shelter.
replyOf course, but who (what?) is going to make the food and the shelter?
replyEither way, it's not going to be free, so if money ceases to have value, we are going to have a problem. That's my point.
replythere are always be next frontier of problems which require creativity, unless AI become supersmart completely make humans redundant in all cognitive functions.
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