Musk Explains Again: Why No One Will Worry About Money in the Future

marsbitPublished on 2025-12-12Last updated on 2025-12-12

Abstract

In a recent podcast interview, Elon Musk reiterated his view that in the future, people will no longer need to worry about money or feel compelled to work for survival. He predicts that AI and robots will eventually take over most production and service tasks, enabling the provision of essential goods and services with minimal human involvement. As a result, humans will have significantly more free time, and work will become optional—driven by personal interest rather than economic necessity. Musk also clarified the distinction between his predictions and his personal aspirations, stating, "What I predict is not necessarily what I want." He emphasized that his forecasts are based on technological and economic trends rather than his own ideal vision of the future.

In a recent podcast interview, Musk once again explained his previously mentioned view that "in the future, no one will worry about money or need to stress about work."

He predicts that AI and robots will completely take over production and services in the foreseeable future, and almost all material needs of humans will be automatically provided by AI. As a result, humans will have plenty of free time, and work will become an "option"—driven by interest rather than necessity for survival.

At the same time, Musk also emphasized that people should not confuse "what he predicts" with "what he wants to achieve." He stated: "What I predict does not necessarily mean what I want."

Upbit hack puts Binance’s emergency freeze policy under scrutiny

According to a KBS report, Binance froze only a small portion of funds linked to the November 27 hack of South Korean exchange Upbit. Police requested a freeze of approximately $370,000 in SOL tokens, but Binance blocked only about $55,000 after a 15-hour delay, citing the need for additional verification. The hack resulted in $36 million in unauthorized withdrawals. An expert emphasized the importance of rapid freezes to limit damage and suggested a global hotline between exchanges could improve responses. Both Upbit and Binance stated they are cooperating with authorities, who are actively investigating the incident.

cointelegraphJust now

Upbit hack puts Binance’s emergency freeze policy under scrutiny

cointelegraphJust now

SEI Under Pressure: Will Bears Let the Price Slip Below $0.10?

SEI's price faces bearish pressure, declining over 3% to trade around $0.1335. Technical indicators like MACD and Chaikin Money Flow suggest mild selling momentum and weak demand, with the RSI at 47.42 indicating a neutral market. Key support lies near $0.1328, and a break below could push prices toward $0.1320. Resistance is at $0.1342, with a potential rally above $0.1350 if bullish momentum returns.

TheNewsCrypto3m ago

SEI Under Pressure: Will Bears Let the Price Slip Below $0.10?

TheNewsCrypto3m ago

AI + Crypto: The 2025 Guide to the Rise of the Super Individual

"AI + Crypto: The Rise of the Super-Individual in 2025" explores the convergence of artificial intelligence and cryptocurrency, which is empowering individuals to become the central creators of value, surpassing traditional institutions. A "Super-Individual" is defined as a self-sufficient creator, investor, and narrative builder who leverages AI as a cognitive extension and uses crypto for financial sovereignty. The article outlines three primary paths to becoming a Super-Individual: 1. **Content Creator (KOL):** Using AI to enhance research, content creation, and distribution, while leveraging influence for early access to projects ("KOL rounds"). 2. **Web3 Builder:** Utilizing AI to drastically reduce the cost and complexity of development, enabling solo founders to build MVPs and launch projects efficiently. 3. **Trader:** Employing "Vibe Coding" (using natural language to instruct AI) to automate trading strategies and analysis, freeing up time for higher-level decision-making. Four core competencies are identified as essential: content production, on-chain analytics proficiency, AI collaboration skills, and independent judgment. The piece highlights "Vibe Coding" as a key example, demonstrating how individuals with no coding experience can use AI to build and deploy applications from scratch. The conclusion argues that overcoming market anxiety comes from becoming a "value creator" rather than just a "value holder." By mastering AI tools and crypto sovereignty, individuals can build security through their created value, not just speculative gains. This shift towards AI-powered productivity and Web3-based ownership is presented as an irreversible trend to be embraced.

marsbit3m ago

AI + Crypto: The 2025 Guide to the Rise of the Super Individual

marsbit3m ago

When Faith Becomes a Cage: The Sunk Cost Trap in the Crypto Era

In the crypto era, the "sunk cost trap" describes how past investments—whether in skills, relationships, or digital assets—can become psychological prisons that prevent people from moving on, even when they know their current path is no longer beneficial. The author reflects on personal experiences in poker and crypto, noting how early beliefs in Bitcoin and smart contracts have now materialized (e.g., Bitcoin ETFs, institutional adoption), yet many remain stuck due to emotional or financial commitments. The article categorizes crypto believers into four camps: Bitcoin-only (Green), crypto-but-not-Bitcoin (Red), both (Brown), and neither (White), each split into (a) those who still see upside and (b) those who don’t. Only true believers (e.g., Red (a)) should fully commit time and resources; others should diversify or plan exits. As crypto becomes mainstream (e.g., Robinhood using Arbitrum), opportunities may lie elsewhere (e.g., equities, AI). The key is to avoid mistaking sunk costs for future potential and to cultivate skills beyond crypto for a softer landing. Freedom requires courage to walk away from the "cave" of past investments.

深潮12m ago

When Faith Becomes a Cage: The Sunk Cost Trap in the Crypto Era

深潮12m ago

Bitcoin Rebounds After Third Fed Rate Cut — Is a $100K Rally Before 2026 in Play?

Following the U.S. Federal Reserve’s third consecutive interest rate cut, Bitcoin rebounded after an initial decline, rising over 2% in 24 hours to trade around $92,291. The cuts, totaling 75 basis points since September, are seen as long-term supportive for risk assets like Bitcoin, though short-term reaction has followed a “buy the rumor, sell the news” pattern. Despite strong inflows into U.S. spot Bitcoin ETFs, BTC briefly fell below $90,000 post-announcement before recovering. Analysts warn the rebound may be temporary, with technical indicators suggesting a potential deeper market correction of 17–29% if key support levels are broken.

ccn.com26m ago

Bitcoin Rebounds After Third Fed Rate Cut — Is a $100K Rally Before 2026 in Play?

ccn.com26m ago

Trading

Spot

Futures