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Author Topic: TO ELON MUSK, AI WILL END SCARCITY & HIGH COST. WILL BITCOIN BE AFFECTED?  (Read 161 times)
Hispo
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January 19, 2026, 12:52:49 PM
 #21

AI will end scarcity and high cost maybe within 30 years and that happen only in specific hemisphere, but elon is known to be overly optimistic sometime that he delivered something years behind schedule.

I don't expect AI to solve these things within my lifetime so I will save my money and will keep holding bitcoin. Enforced scarcity with total supply cap will save bitcoin but I doubt we will face this problem in our lifetime for it to be worth thinking about.

Right, for some reason there are so many people who are too optimistic on the capabilities of artificial intelligence to get rid of much of the problems of modern life and civilization, when many of those problems are implicit of mankind in general.
I am not so optimistic about AI and how it could help to reduce hunger, make food more accessible or reduce bad working conditions, actually, I believe AI will only be used to replace as many people as possible from supply chains, increasing unemployed.

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fikrett
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January 19, 2026, 02:13:46 PM
 #22

AI is a bubble like any other.

Believing it will end world's problems is living in a bliss, not in a real world of facts.

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January 19, 2026, 02:29:36 PM
 #23

Elon Musk's Prophecy
Hi everyone. I came across Elon Musk's thought about the future and how AI will create abundance, reduce price and crash scarcity https://fortune.com/2026/01/12/elon-musk-retirement-savings-irrelevant-ai-robots-abundance/. He believes it'd be pointless for people to save for retirement as AI will make life better to a point that retirement plan wouldn't be needed.

He's said so much shit before, so there's no need to pay attention to anything he says.

Besides, he has assets worth US$727 billion, so even if he continued spending millions of dollars every day until he died, he wouldn't run out of money. So, his perspective is far from the reality of most people, and you shouldn't take his opinions seriously. Unless you want to live a miserable old age with no savings.

nemesis_incarnate
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January 19, 2026, 02:31:46 PM
 #24



I have never bought into Elon Musks BS. He ist another billionaire egomaniac just like Steve Jobs or any other "businessman" before him. He and his engineering degree have stumpled upon riches that were generated by the sweat of another mans brow.

Also, AI is not going to create any abundance. Abundance is the enemy of the capitalistic greedy society of today. That is why devices nowadays break after a predetermined time. You cannot sell something to someone who lives in abundance.

So I do not see that happening.



AI will rather help the capital to spend less on its people, more than anything. Cutting the costs where it can be done.
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