Mark Moss breaks down Elon Musk's claim that money becomes irrelevant by 2036. As AI costs plummet, robots embed that cheap intelligence into manufacturing, making goods progressively cheaper. Moss says the trend accelerates in the next three to five years, fundamentally changing how we acquire things.
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money won't matter. And he said by 2036, so about 10 years out. I think over the next probably 3, 4, 5 years, this really matters. But he's saying that money stops mattering. And, and this is not like a, a throwaway comment from Elon Musk. This is something that he's thought about deeply. He's talked about already many times. And he's basically asked how his companies make money, right? And the answer he chose to give is that money won't even matter. Okay, now in order to understand this and understand what the future of money is, and of course, how we get the things that we want, we have to understand the mechanism that's underneath it. And the mechanism underneath this, it's sound. All right? Now, I say that first before I want to take it apart and dismantle it, because intelligence, it gets cheap first. Yes, of course. Then robots are able to take that intelligence and put it into physical form, right? And then they can start to push it into physical things, you know, steel, glass, wiring, and then they can start doing labor. And so when the machine that builds the thing gets cheaper every year, the thing gets cheaper every year, right? And so the That's not a theory. That's just what happens to the cost of making something when the maker gets cheaper.