Latest / Elon Musk Podcast / Elon Musk Said AGI Would Arrive by 2025. Now He Says 2026.
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- 1:14Thank you so much. Elon Musk posted on X that there
- 1:18will be no poverty in the future and no need to save money.
- 1:23He said there will be universal high income for everybody on the
- 1:27planet now. He was responding to Ray Dalio,
- 1:30who had just announced a $70 million pledge to help fund
- 1:34savings accounts for newborns under a new Trump administration
- 1:38program. Musk called it a nice gesture,
- 1:41but essentially unnecessary because AI and robotics will
- 1:45eliminate poverty entirely. In the same week, Musk told ex
- 1:49AI staff that artificial general intelligence could arrive as
- 1:53early as 2026. He said by 2026, which means
- 1:59that we have a week before AGI hits.
- 2:02Apparently said the same thing last year, except that time he
- 2:05said AGI would arrive by 2025. So what happens when the richest
- 2:09person on the planet keeps promising a post scarcity future
- 2:12that never quite arrives on schedule now?
- 2:16Musk has been making these predictions for years.
- 2:18The timelines always shift. The framing stays exactly the
- 2:22same, though, and today we're going to cover what he actually
- 2:25said about universal high income, why he thinks work will
- 2:29become optional, what AGI actually means, and why his
- 2:33predictions keep slipping, and any of this, if any of this
- 2:36actually matters. And you know, we're going to
- 2:40talk about that right after this short break.
- 2:43Now, Musk's comment about universal high income came in
- 2:46response to Ray Dalio's announcement on X Daleo, who's
- 2:49the founder of Bridgewater Associates, said he and his wife
- 2:52Barbara will contribute $250 into savings accounts for
- 2:56roughly 300,000 children in Connecticut.
- 3:00It's a lot of money for people that don't have a lot of money
- 3:03now. The accounts are part of a pilot
- 3:04program called Trump Accounts, created by the One Big Beautiful
- 3:08Bill Act, and each account starts with a $1000 government
- 3:13contribution for children born between January 2025 and
- 3:16December 2028. Michael and Susan Dell had
- 3:20already applied $6.25 billion towards the same program.
- 3:24You know. Musk's response dismissed the
- 3:26entire premise he wrote. It is certainly a nice gesture
- 3:28of The Dells, but there will be no poverty in the future and so
- 3:32no need to save money. There will be universal high
- 3:35income. Now, Universal high income is
- 3:37not the same as universal basic income.
- 3:40Musk has been explicit about the difference At the Viva Tech
- 3:43conference in Paris last year. He said the most likely outcome
- 3:47of AI development is that none of us will have jobs.
- 3:50Not because of mass unemployment, but because AI and
- 3:53robotics will handle all productive tasks.
- 3:56Said there will be no shortage of goods and services.
- 3:58Everyone will have a high income and not just enough to survive.
- 4:03Now Musk has added context to this.
- 4:05He said that in a future where anyone can have anything, money
- 4:09itself becomes unnecessary. If AI and robotics can satisfy
- 4:14all human needs, money is no longer required.
- 4:17As a system for allocating labor, its relevance declines
- 4:21dramatically. He suggested that over the long
- 4:23term, work would function like a hobby.
- 4:26If you want to do a job, you can, but the robots will provide
- 4:30whatever you need regardless. Now, the AGI prediction fits
- 4:35into that same framework of Musk.
- 4:36AGI stands for Artificial General intelligence.
- 4:41AGI would mean AI that can match or exceed human cognitive
- 4:45abilities across any task. Not narrow AI that plays chess
- 4:50or writes marketing copy for you, but a system that can
- 4:53reason, learn, and adapt the way that we do as humans do.
- 4:57And some people define it as a form of self-awareness, others
- 5:00define it as AI that can perform any intellectual task a human
- 5:03can. There's no single really agreed
- 5:05upon definition here. What makes these predictions?
- 5:10It's very hard to verify these. And in May of 2024, someone
- 5:14asked Musk on X how long until AGI arrives.
- 5:17He replied next year. So that was 2024.
- 5:20He said it's going to happen in 2025.
- 5:23We're now in 2025, December AGI isn't here and it's not going to
- 5:27happen in the next few days. So next week or this week.
- 5:30Musk actually told XAI staff that AGI could be achieved
- 5:33within the next couple of years, maybe as soon as 2026.
- 5:37So his timeline before slipped by exactly 1 year.
- 5:42He said 2025 and 2024 and now 2026 and 2025, possibly same
- 5:48thing that he's doing with full self driving.
- 5:50You know, it's the Musk marketing machine.
- 5:54The three MSI like to call the Musk marketing machine, which is
- 5:58Elon Musk saying things will be here in about a year.
- 6:02Or sometimes if there is a, a launch for Starship, he'll say
- 6:06you know what, it'll be here in two weeks or two months.
- 6:09He's just puts out a hypothetical timeline that makes
- 6:13him feel good and makes people that are interested in the
- 6:16projects that he's working on feel good.
- 6:19So if you promise something and you never deliver it, you can
- 6:22always say, well, I told you so in the, you know, if you look
- 6:25back on the past, like, you know, I was wrong in 2024-2025,
- 6:2820262027 about AGI. And when it happens in 20-30,
- 6:32you say like, hey, told you so, you know, I might have been
- 6:35wrong about the date, but it's also like, you know, those
- 6:38people and we've all seen these people, right?
- 6:40I'm going to go from a little tangent here.
- 6:41And you know where I'm going with this people on the street
- 6:44corner that the rapture is coming and Jesus is kind of come
- 6:48on the weekend or whatever. And you know, and so be ready
- 6:51for the rapture. And these people, they always
- 6:54get it wrong. The rapture never came.
- 6:56They're not prophets. They're not here because Jesus
- 7:01or God told them to come down and tell us all.
- 7:04That's what Elon Musk is doing. It's the same playbook.
- 7:07I'm not saying anything about Jesus or God or heaven or
- 7:10anything like that with Elon Musk.
- 7:11What I'm saying is he keeps postponing his dates because he
- 7:16keeps getting it wrong. I have the most popular Elon
- 7:20Musk podcast in the world and I'm the person that can tell you
- 7:25how many times Elon Musk has said something about Starship.
- 7:30Because I spent about a year on the ground to Starship on the
- 7:33side, Hwy. 4 and 104° heat covering Starship development.
- 7:38And every time Elon would make an announcement, it would be,
- 7:42we're going to get this thing out by September, right?
- 7:45I moved my whole life because I believed in Elon Musk.
- 7:48And I'm not a hater of Elon. I think he does great work.
- 7:51I think he's a little delusional sometimes and he thinks a little
- 7:54wonky. But I'm here to be critical of
- 7:57the men as well. So if he says 2026, take it with
- 8:02a grain of salt. That's all I'm saying.
- 8:04September of whatever it was whenever I was at star base.
- 8:08He did not launch Starship for another year at least.
- 8:11So just saying that it doesn't have enough timelines are worth
- 8:19digging into that deep. He just says some things.
- 8:21Hey, it'll happen in a couple years or maybe it'll happen in a
- 8:24year. He's optimistic, you know, So,
- 8:28you know, he told Joe Rogan also in October that he would
- 8:31demonstrate a flying car by the end of this year.
- 8:35That full self driving software has been promised as truly
- 8:38autonomous for years. He said in 2019, the Tesla would
- 8:41have 1,000,000 robo taxis on the road by 2020, and that was in
- 8:452019. And we're just getting them a
- 8:49little bit now. We don't have a million robo
- 8:52taxis. We have like 20 robo taxis,
- 8:56maybe 100, you know. So the predictions are
- 8:59generating an attention for him and it's also a good way for him
- 9:03to get investors. So anybody that wants to invest
- 9:05in XAI, if he keeps saying a year from now we're going to get
- 9:09AGI. And if he's the one saying it,
- 9:11XAI seems like the plan that you want to go with, right?
- 9:142026 AG is come in and you know who's going to get it?
- 9:17XAI and Elon. So you want to invest in his
- 9:20companies and you want to invest in Tesla because it's part of
- 9:23XAI. You want to invest in the IPO of
- 9:26SpaceX. When it happens at the end of
- 9:28next year, possibly, we're going to see what happens there.
- 9:31Google's going to make a bunch of money from that, by the way,
- 9:34and it's going to be a game changer for a lot of people.
- 9:38If I were a betting man and don't take my advice for this
- 9:43because I don't want you to take any financial advice for me.
- 9:46This is just hypothetical. If I were you, the a good way to
- 9:52make a little bit of money off this potential SpaceX sell is to
- 9:59buy Google stocks now by Alphabet now, because when
- 10:03SpaceX goes public, any part of it goes public, the Alphabet
- 10:08stock is going to rise. So not that's not advice for you
- 10:12to invest with. That's just what I'm going to be
- 10:14doing. So that's my own personal thing
- 10:16that I'm going to be doing. So this is a, there's a business
- 10:21reason for what Elon Musk says to XAI is raising 20 to $30
- 10:26billion per year in funding. And we've asked them for it,
- 10:31asked them for a comment about that and why they're trying to
- 10:35get that much money. Basically server farms, XAI, we
- 10:41contacted them as well. They didn't say anything.
- 10:45So the perpetual promise of AGI continues to drive investment in
- 10:51X AI, Perpetual AGI just talk about it.
- 10:54Sam Allman does it. All of them do it.
- 10:56Hey, guess what, man? AGI is right around the corner.
- 10:58It is not. It's not.
- 10:59It's not right around the corner.
- 11:00I wish it were. That would be great.
- 11:03But our robot overlords are not going to be part of our system
- 11:07anytime soon. The robots can barely walk.
- 11:10You can push them over. Their hands don't work yet.
- 11:13Elon says Tesla is working on the hands.
- 11:16And I cannot wait to see that, to be honest with you.
- 11:18It's going to be amazing if it actually works.
- 11:20I think that'll be crazy cool. So the investment is propping up
- 11:25a significant portion of the US economy right now too.
- 11:28So anything Elon can say will prop up the US economy, will
- 11:33prop up those multi billion dollar AI companies.
- 11:38So also, what do we know right now about this?
- 11:43Musk's predictions about the end of poverty?
- 11:45Guess what? Henry Ford also said this too,
- 11:48way back in the day when he started building Ford Motor
- 11:50Company. He said once robotics and
- 11:54autonomous building happens, none of us will work.
- 11:58It's happened throughout time. People have said this so many
- 12:02times, like, hey, guess what? If we build this invention, if
- 12:05we do XYZ, no one will have any worries ever again.
- 12:09But guess what? We're people.
- 12:10Everybody wants to do something, right?
- 12:12And if somebody makes a robot that can do a chore, there's
- 12:16somebody out there that thinks they can make a better robot
- 12:18than that first person, Henry Ford.
- 12:21But you know, he, he popularized the automobile.
- 12:24Guess where we are now, right? Wright Brothers flight, sending
- 12:28things to Mars. Now we're sending things in the
- 12:30outer solar system worth sending things far, far away from Earth.
- 12:33Because people were more competitive.
- 12:35They knew that they can make a builder or build a better plane.
- 12:38So now they built a better rocket.
- 12:41And now SpaceX is also building a better rocket.
- 12:43So kudos to everybody is SpaceX, by the way, for all the hard
- 12:47work they put into that. And Starship very close to my
- 12:51heart, Starship and star based down there.
- 12:53So everybody down there, kudos to you.
- 12:58Good job everybody at SpaceX too.
- 13:01So, so you would be vulnerable to automation once this all
- 13:08happens, right? If AGI happens and if Tesla
- 13:13robots take over, you're going to be vulnerable to automation
- 13:20because if you work in any of these factories or if you work
- 13:23in a physical environment where you have to use your body
- 13:27repeatedly, it's a repeated thing.
- 13:30If you do basically the same thing all day long.
- 13:33I know my industry was turned upside down.
- 13:36I was a front end coder for about 6 years and my industry
- 13:39was taken over by AI, automated vibe coding, basically.
- 13:45I do it now, it's fun, I think it's great.
- 13:48But the plan for full automation, full AGI, because
- 13:52once AGI hits, they're just going to be as smart as us.
- 13:55They're going to be able to make the same decisions as us.
- 13:59And then eventually they'll get better than us at certain
- 14:01things, but it's going to take a while.
- 14:02Things don't happen overnight, things don't happen in two or
- 14:04three years. Sure, the pace is crazy right
- 14:08now and we're seeing a lot of chat bots.
- 14:10We're not really seeing a ton of movement in the AGI space
- 14:15because there's no world view to the large language models as of
- 14:20right now, other than in robotics.
- 14:22I think robotics is going to be the next big thing too, by the
- 14:24way, so just take my word for that one.
- 14:28There's skepticism. Worth noting though, when the
- 14:31richest person on the planet is worth over $600 billion.
- 14:35Tells everyone else not to bother about saving money, to
- 14:39think about this. There's a gap between his
- 14:41position and there's, if he has 600, if he's worth $600 billion,
- 14:47and if he leverages some of his stock and goes like, you know
- 14:51what, I'm worth 600 billion. Let me take 10 billion of this
- 14:54money and then I'm just going to give it to everybody.
- 14:57And most people would be really happy with what they got, right?
- 15:01They'd be very happy with the amount of money they got.
- 15:03What if he took out $100 billion out of his, out of his earnings,
- 15:07out of his stock leverage that $100 billion.
- 15:10Give that to everybody. Give that to everybody in the
- 15:13United States. We don't have to work anymore.
- 15:15We're high value people. Maybe in my math's a little bit
- 15:18off there. Maybe we won't have to work as
- 15:19much. But why doesn't he just do that
- 15:23instead of building robots? But also, I've been watching
- 15:26Foundation and I understand where he's coming from.
- 15:29He's not hairy. He thinks he, I think what he
- 15:32thinks. He's building a foundation where
- 15:34he's going to keep the light of consciousness on, on Mars.
- 15:41It's just like Harry Selden did, keep the light of consciousness,
- 15:44stop the, you know, stop the downfall of humanity, etcetera,
- 15:48by doing great things. And instead of just giving
- 15:51people money, which would just save everybody a lot of
- 15:55heartache, right? People that don't actually have
- 15:58the money to pay the rent or pay their car payment, their car
- 16:01gets repossessed by their kids food.
- 16:04Elon, you got more money than everybody else.
- 16:07It would be nice if you took some of that money and gave it
- 16:11to people because if you would just want people to be high
- 16:15earners, then let them be high earners.
- 16:17There you go. I don't know, it makes, it's a
- 16:19moral conundrum for a lot of people.
- 16:21But then you could say, well, that $100 billion that he spends
- 16:24on all those people, he needs that to run his company.
- 16:27So eventually we all never have to work again.
- 16:29That could be 30 years from now, 40 years from now.
- 16:32And if you're 30 years old right now and it's 40 years away,
- 16:36you're 70 years old, you're not going to be working anyway.
- 16:39If you're 4550 years old and it's 20 years old from now,
- 16:42you're going to be 60 or 70 years old anyway.
- 16:45So think about that. I don't know, There's a, there's
- 16:49a fine line between the things that Elon says and the things
- 16:53that make sense. You know, like, I, I understand
- 16:56what he's doing. It's like for the very long
- 16:58term, right? The very, very long term of
- 17:01humanity. He wants to make sure that
- 17:03everybody has whatever they need forever.
- 17:07Or since he's worth $600 billion, he could be worth a
- 17:11trillion dollars in the future. If all the Tesla stuff works, if
- 17:15AGI happens, if his robots work, if he can get enough customers
- 17:19for Starship and etcetera, etcetera, he could be worth a
- 17:22trillion dollars. One person, one person over a
- 17:24trillion dollars. Just give everybody else some
- 17:26money, buddy. That's all I need to pay.
- 17:28Pay a lot of taxes. I know he pays the most taxes
- 17:30anyone's ever paid, but you know, is he doing, is he doing
- 17:34enough? I want you to think about that
- 17:36too. Be a skeptic for a little bit.
- 17:37Don't just, you know, hug the guy and kiss the guy, you know,
- 17:40be like, hey, dude, you have a lot of money and if you're well
- 17:44off, that's great. You don't need it, right?
- 17:46If you're if you're a high earner, just don't listen to me.
- 17:49You don't need it with all those other people that are listening
- 17:52that barely scraped by, the ones that barely have any money right
- 17:55now and the people they have no resources because of a where
- 18:00they grew up. And that's a thing you have to
- 18:03think about that too. If you're skeptic about that.
- 18:06I grew up with nothing. Literally.
- 18:08There's no way out. There's no way.
- 18:10Once you turn and you're a kid, there's zero way out if your
- 18:15parents can't get out, right? So you rely on your parents
- 18:17until you're 18. You can make your way out when
- 18:19you're 18, but when you're a kid, you can't do anything about
- 18:22it, right? So my dad was working his ass
- 18:24off and making just enough money for all of us three kids to get
- 18:28by. We couldn't get out of there.
- 18:30He's making OK money, you know, wasn't making a lot of money,
- 18:34but he's making enough so we could all survive.
- 18:37But there's no way out. He's living paycheck to
- 18:39paycheck. We all were.
- 18:41So there's in there, you know, there's millions of other people
- 18:45that are well, well, worse than what we were, like way worse.
- 18:49They're start literally starving.
- 18:51Give them the money. So something about that, like be
- 18:55really like, really look into yourself.
- 18:58Like, man, is he being selfish with this or is he actually is
- 19:03his mindset? I'm going to help everybody on
- 19:08the planet Earth by building robots and getting AGI to a
- 19:12place that can help everybody. Is that what he's really doing?
- 19:16So you know, Musk's advice might be easier to follow if you
- 19:20already have generational wealth.
- 19:22The theory of universal high income sounds different coming
- 19:25from someone who will be fine. He's going to be fine forever.
- 19:28His kids, kids, kids, kids, kids, kids, kids, kids, kids
- 19:32will be fine. Everyone's going to be fine in
- 19:35his family line forever in. So this is funny to hear too.
- 19:41Elon Musk says the transition will be painful.
- 19:43Not for him, he said there will be much trauma and disruption
- 19:46along the way. Right.
- 19:48Rapid automation can send millions of people into
- 19:50unemployment before the promised abundance arrives.
- 19:54So if robots take over all these jobs, people have nothing else
- 19:57to do. Learn a different skill, of
- 19:58course, do something else. Of course, people have always
- 20:01done that. We've always found other ways to
- 20:03make money and other ways to find resources.
- 20:06Now the question he keeps returning to is an economic It's
- 20:10existential. If computers and robots can do
- 20:13everything better than you, does your life actually have meaning?
- 20:18You know it it is that going to be important?
- 20:21You know what, If I just had money, I would probably find
- 20:26something to do. You know, there's there's got to
- 20:29be something for me to do. I can't just sit on the beach
- 20:31and sip a cocktail all day. That's boring.
- 20:34So Elon's timeline for AGI keeps moving.
- 20:37The timeline for universal high income is undefined.
- 20:40It used to be universal basic income, but he switched over to
- 20:42universal high income instead. And Elon keeps making
- 20:46predictions that generate more and more headlines and more and
- 20:51more money for his companies, And when the deadline passes, he
- 20:54sets another one. Now, whether any of this
- 20:56reflects genuine confidence in the tech or serves a different
- 21:01purpose is something everyone has to decide for yourselves.
- 21:05Hey, thank you so much for listening today.
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