Elon Musk Predicts AI-Driven Economic Growth by 2035

On June 28, Elon Musk made a bold prediction about artificial intelligence and robotics, stating that these technologies would lead to economic surplus and massive growth by 2035, according to PANews via Jinshi.

Elon Musk’s vision of a future driven by AI and robotics constitutes a significant prediction, potentially transforming global economies and industries with profound societal implications.

AI-Driven Economies: Musk’s 2035 Universal Income Prediction

Elon Musk, CEO of Tesla and founder of several other tech companies, articulated a strong belief that AI and robotics will lead to unprecedented economic growth. This prediction focuses on machines creating a “universal high-income situation,” enabling limitless production of goods and services. Musk’s remarks were consistent with his previous statements, reiterating his long-held faith in AI’s transformative power.

The shift towards AI and robotics sees attempts to scale Tesla’s Optimus humanoid robot. Musk anticipates this will foster unprecedented economic expansion. While a multi-trillion-dollar opportunity looms, verified outcomes remain years away.

Market reactions are cautious. As of now, there have been no evident changes in cryptocurrency or traditional markets linked to Musk’s announcement. Musk’s futuristic claims, while encouraging, haven’t impacted specific crypto assets. No regulatory comments or immediate market shifts were observed in response to these predictions.

Cryptocurrency Market Remains Unaffected by AI Growth Forecast

Did you know? Musk’s consistent AI advocacy dates back over a decade, with numerous speeches forecasting AI’s role in reshaping global economies.

According to CoinMarketCap data, Ethereum (ETH) is currently valued at $2,426.92, holding a market cap of formatNumber(292972766077, 2) with an 8.91% dominance. Over the past 60 days, it has seen a notable 33.42% increase. Its 24-hour trading volume stands at formatNumber(10402177073, 2), experiencing a 30.80% decline. CoinMarketCap tracked this data as of June 28, 2025, at 14:51 UTC.

Experts from Coincu emphasize a cautious approach, suggesting that while Musk’s AI predictions are ambitious, actualizing them without current specific regulatory frameworks presents challenges. Additionally, the realization of economic gains will largely depend on technological advancements and market adaptability over time.