• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

1

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
TechAI

Elon Musk predicts jobs will become ‘kinda like a hobby’: ‘The AI and robots will provide any goods and services you want’

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
May 24, 2024, 6:38 AM ET
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp.
Elon Musk believes jobs could become “hobbies” in the future.Apu Gomes—Getty Images
Add Fortune on Google for similar content.

Elon Musk is a notoriously hard worker. At present he’s the CEO of EV maker Tesla and rocket company SpaceX, founder of satellite venture Starlink and neurotechnology company Neuralink, and the owner of X—the social media platform formerly known as Twitter.

But even Musk, who is well-known for sleeping on the floors of his factories in order to get the job done, believes careers will become something of an option in the future thanks to AI.

Musk, who is developing his own AI systems both at Tesla and through his 2023 startup xAI, has been vocal about the problems which advanced artificial intelligence could present.

But during an appearance at the VivaTech conference in Paris this week, Musk explained that his overall outlook on the technology is generally positive and could shift the future of work.

“In a benign scenario probably none of us will have a job,” he said. “But in that benign scenario there will be universal high income—not universal base income—[and] there will be no shortage of goods or services.”

Musk, currently worth $187 billion, according to the Bloomberg Billionaires Index, added that he generally believes a “benign” scenario will arise out of the huge investment into artificial intelligence.

“I think the benign scenario is probably the most likely—probably 80% likely if you ask my opinion. The question will not be one of lacking goods or services,” he said. “Everyone will have access to as much in the way of goods and services as they would like.

“The question will really be one of meaning. If a computer and the robots can do everything better than you, does your life have meaning?”

Career impact

Whether or not employees are questioning the meaning of their lives remains to be seen—but they’re certainly considering how AI will impact their careers.

A PwC survey of more than 54,000 people last year found 13% of people believe they’ll be replaced by AI, while a further 18% said they thought the technology would mean they had to learn new skills they were not confident they were capable of mastering.

Overall, however, employees are upbeat about the supposedly revolutionary tech. A third of people said AI will help improve their efficiency at work, while 21% believed the tech will open up new career opportunities.

Musk’s take is that work will become more casual. Appearing via video link at the Paris conference, he added: “Long term … any job that somebody does will be optional. If you want to do a job as kinda like a hobby you can do a job, but otherwise the AI and robots will provide any goods and services you want.”

The 52-year-old entrepreneur did not specify when in the future he believes this outcome may become reality—so unfortunately for workers hoping to kick up their feet, it’s not time yet.

Flip side

Musk was one of the first names to appear on a letter penned by the Future of Life Institute last year calling for a pause in giant AI experiments, and has repeatedly warned about the governance and regulation needed to oversee the technology.

This week he again reiterated how if the scenario with AI turned bad, humanity would be in “deep trouble.”

Yet the South African–born entrepreneur had some reassurance for those worried they may be pushed out by their large language model counterparts: “There’s perhaps still a role for humans in that we give AI meaning.

“If you think of the way that our brain works, we’ve got the limbic system, which is our instincts and our feelings—and the cortex, which is thinking and planning. The cortex is constantly trying to make the limbic happy, so maybe that’s how it’ll be with AI. AI is trying to make the cortex happy to make the limbic system happy. Maybe we are what gives the AI meaning or purpose.”

About the Author
Eleanor Pringle
By Eleanor PringleSenior Reporter, Economics and Markets
LinkedIn icon

Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Amazon Prime Day total online spending surpasses Adobe estimate
Retailecommerce
Amazon Prime Day total online spending surpasses Adobe estimate
By Spencer Soper and BloombergJune 27, 2026
5 hours ago
Australia to strengthen enforcement of under-16 social media ban
PoliticsSocial Media
Australia to strengthen enforcement of under-16 social media ban
By Ainslie Chandler and BloombergJune 27, 2026
10 hours ago
Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
Big TechChips
Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT
By Angela Cullen and BloombergJune 27, 2026
10 hours ago
SpaceX, Charter discussed mobile phone partnership in U.S.
North Americaspace
SpaceX, Charter discussed mobile phone partnership in U.S.
By Kelcee Griffis and BloombergJune 27, 2026
10 hours ago
Anthropic’s Mythos 5 AI model cleared by U.S. for wider use
AIAnthropic
Anthropic’s Mythos 5 AI model cleared by U.S. for wider use
By Josh Wingrove, Rachel Metz and BloombergJune 27, 2026
10 hours ago
erik
AIJobs
‘It’s not going away’: The Stanford economist who called the AI entry-level jobs crisis early has the receipts
By Nick LichtenbergJune 27, 2026
11 hours ago

Most Popular

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
14 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
3 days ago
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
4 days ago
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
AI
The 33-year-old executive Satya Nadella is trusting to fix Microsoft’s Copilot AI assistant
By Sebastian HerreraJune 27, 2026
15 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
3 days ago
Current price of silver as of Friday, June 26, 2026
Personal Finance
Current price of silver as of Friday, June 26, 2026
By Joseph HostetlerJune 26, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.