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Elon Musk's Forecast: AI and Robotics as Drivers of Economic Growth by 2035

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by Giorgi Kostiuk

5 hours ago


Elon Musk has articulated his vision of a future where AI and robotics lead to significant economic growth and universal high income by 2035.

AI-Driven Economies: Musk's 2035 Universal Income Prediction

On June 28, Elon Musk made a bold prediction that AI and robotics would create economic surplus and massive growth by 2035. Musk emphasized that machines could form a 'universal high-income situation,' enabling limitless production of goods and services. This aligns with his past statements that underscore his belief in the transformative power of AI.

Cryptocurrency Market Remains Unaffected

Currently, the market's reaction to Musk's predictions has been cautious. There have been no evident changes in cryptocurrency or traditional markets relating to his announcement. His assertions have not notably impacted specific crypto assets, and no regulatory comments or immediate market shifts have been observed following the predictions.

Experts' Perspectives on Musk's Predictions

As per CoinMarketCap, Ethereum (ETH) is currently valued at $2,426.92, with a market cap of $292,973,000,000 and an 8.91% dominance. Although ETH has seen a notable 33.42% increase over the past 60 days, its 24-hour trading volume has experienced a 30.80% decline. Coincu experts emphasize taking a cautious approach, noting that realizing Musk's ambitious predictions will face challenges without current specific regulatory frameworks.

In summary, Elon Musk's forecasts regarding a future economy driven by AI and robotics spark interest and discussions. However, despite their optimism, the actual realization of these ideas will require time and additional conditions for implementation.

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