Musk claim that AI will end need for retirement savings echoed by US Treasury Secretary

US Treasury Secretary Scott Bessent echoed Elon Musk's claim that artificial intelligence will eliminate the need for retirement savings within 10 to 20 years, agreeing with Musk's vision of AI-driven abundance but suggesting Musk's timeline is 'ahead of the curve.'

Musk claim that AI will end need for retirement savings echoed by US Treasury Secretary Scott Bessent /topic/scott-bessent has echoed Elon Musk /topic/elon-musk 's claims that artificial intelligence will eliminate the need for retirement savings.- Musk previously asserted that within 10 to 20 years, saving for retirement will become irrelevant due to the 'abundance of AI'. - The SpaceX CEO believes AI will surpass human intelligence in a few years, rendering cash meaningless. - A figure identified as 'the Treasury Secretary' agreed with Musk's perspective during a Fox News interview on Monday 27 July . - This individual, however, suggested that Musk's timeline for these developments is 'ahead of the curve'.