Video | Musk Predicts: AI Will Boost Global Economy by 20-30%, With Robots Possibly Multiplying That by Over 10 Times

Elon Musk stated in a video call at the G20 Innovation Ministerial that he expects AI to potentially boost global economic growth by 20% to 30%, which is equivalent to an annual addition of around $20 trillion to $30 trillion in economic value. He predicted that in the next 12 to 18 months, AI will surpass humans in tasks such as coding. With the addition of humanoid robots, Musk believes that the global economy could possibly grow to ten times or more its current size.