Elon Musk, the CEO of Tesla and SpaceX, has articulated a vision for the future economy where money, as conventionally understood, becomes largely irrelevant due to the transformative power of artificial intelligence (AI) and robotics. He contends that people often confuse money with the economy itself, emphasizing that 'money is a database for exchange requisite services and for time-shifting the exchange of written services, that's it. Money is a database, it doesn't have power in and of itself.' To illustrate this, Musk used a thought experiment involving being shipwrecked on a remote island, where 'a trillion dollars in a Swiss bank account' or 'all the Bitcoin in the world' would be 'worthless' compared to a can of soup, highlighting that the true economy is fundamentally about goods and services. Musk predicts that within the next 10 to 20 years, AI and robotics will advance to a point where human labor becomes largely optional. This technological abundance would lead to a society where goods and services are nearly free, and consequently, traditional concepts like saving for retirement would become unnecessary as all essential needs, including healthcare, housing, and income, would be met. He envisions a future of 'universal high income' stemming from AI's ability to drive unprecedented productivity and eliminate labor as the primary economic constraint. While the Mint article's headline sensationalizes the 'worthless' aspect of Swiss accounts and Bitcoin, taking Musk's examples out of their illustrative context, the core claims about his economic philosophy and predictions regarding AI's impact on work and money are accurately reported and corroborated by multiple credible sources.