Musk said that within about 5 years, the overall intelligence of AI may exceed the sum of human intelligence, and within about 10 years, humans are likely to no longer dominate. The development of AI is most likely to bring about an era of astonishing abundance, where robots and AI can produce goods and services far beyond human consumption capacity. By around 2036, money may no longer be important. The government can directly issue checks to the public, as a surge in output is more likely to lead to deflation. Musk accepts that there is a 10-20% risk of human extinction with AI, but believes that the momentum of development is unstoppable.
