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Elon Musk Suggests AI Will Make Work 'Optional' and Money Irrelevant

Elon Musk said AI and robotics advances could make work optional and money irrelevant, with physical constraints like power remaining, at a forum on global investment.

  • On Wednesday, Tesla CEO Elon Musk and Nvidia CEO Jensen Huang will speak at the U.S.-Saudi Investment Forum at The Kennedy Center, with CNBC Television slated to stream the event at 11:00 a.m. ET.
  • During the Tuesday visit the White House said Saudi Arabia increased its trade and investment commitment from $600 billion to $1 trillion, following President Donald Trump's meeting with Saudi Crown Prince Mohammed bin Salman.
  • The dinner marked Elon Musk's first White House appearance since his June feud with President Donald Trump, and Musk and Jensen Huang attended a dinner Trump held for Saudi Crown Prince Mohammed bin Salman later that night.
  • Industry-Government talks at the forum overlapped with a major U.S.-Saudi investment announcement as Elon Musk and Jensen Huang discussed AI and digital infrastructure with Abdullah A. Alswaha, Saudi communications and technology minister.
  • Musk's return to a White House dinner after a June feud framed the week's engagements, following the White House meeting a day earlier that tied tech leaders to diplomatic events.
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CNBC broke the news in United States on Wednesday, November 19, 2025.
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