BlockBeats News, July 26th, Musk reiterated and detailed the timeline: Within about 5 years, AI's overall intelligence may surpass the sum of human intelligence; within about 10 years, humans are likely no longer to be the dominant species (analogous to a vast intelligence gap between chimpanzees and humans). He stated that, except for being "human" itself, AI can outperform humans in almost every way.
Musk believes that the most likely outcome of AI development is "an astonishingly good future," where robots + AI can produce goods and services far beyond human consumption capacity, and everyone can have what they want. By around 2036, "money may no longer be important." He believes that the government could directly distribute checks to the public (similar to universal high income) due to the surge in output, leading to a more likely scenario of deflation instead of inflation; traditional tax/redistribution logic may become ineffective in the new paradigm. He acknowledges a 10–20% risk of AI causing human extinction but believes that the development momentum is unstoppable, having reached a "philosophical conclusion": If we can't stop it, we should join in and "enjoy the ride."
