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‘Saving for Retirement Will be Irrelevant’: Elon Musk Says Unless You’re Retiring In the Next Decade, ‘Squirreling Money’ is Pointless
Yahoo Finance· 2026-02-04 18:26
Elon Musk is now openly questioning whether saving for retirement will even make sense in the future, and he’s tying that view directly to how fast he believes AI and robotics will dismantle today’s labor market. In a wide-ranging discussion about artificial intelligence (AI) and automation, Tesla (TSLA) and SpaceX/xAI CEO Musk laid out a timeline that would upend decades of economic assumptions. In his view, the first wave is already underway: white-collar work. Lawyers, accountants, analysts, marketers, ...