Musk foresees a five-year AI leap into abundance

TL;DR Summary
Elon Musk predicts AI will surpass human intelligence within about five years, potentially triggering an “age of amazing abundance” with massive automation and up to a billion humanoid robots, possibly making cash obsolete, though some warn of risks like conflict. Other experts offer mixed views: IMF/WEF project significant job displacement alongside new opportunities, and debates about ownership of robots and data—key questions that could shape a shift toward a “participation age” where machines take part in decisions and governance rather than only answering questions.
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