Technology executives are known for bold predictions, but Elon Musk’s latest forecast is unusually sweeping: He believes money could become obsolete within the next decade.

Musk has a history of setting aggressive timelines for technologies ranging from autonomous driving to Mars colonization, many of which have taken longer than predicted.

His argument rests on advances in artificial general intelligence (AGI) and robotics eventually making much human labor unnecessary while dramatically reducing the cost of producing goods and services.

However, eliminating money would require far more than technological abundance. It would also fundamentally…

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