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

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.”

Fortune Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Fortune Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
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

Latest in Tech

LawInternet
A Supreme Court decision could put your internet access at risk. Here’s who could be affected
By Dave Lozo and Morning BrewDecember 2, 2025
6 hours ago
AITikTok
China’s ByteDance could be forced to sell TikTok U.S., but its quiet lead in AI will help it survive—and maybe even thrive
By Nicholas GordonDecember 2, 2025
7 hours ago
United Nations
AIUnited Nations
UN warns about AI becoming another ‘Great Divergence’ between rich and poor countries like the Industrial Revolution
By Elaine Kurtenbach and The Associated PressDecember 2, 2025
8 hours ago
Anthropic cofounder and CEO Dario Amodei
AIEye on AI
How Anthropic’s safety first approach won over big business—and how its own engineers are using its Claude AI
By Jeremy KahnDecember 2, 2025
9 hours ago
Nvidia founder and CEO Jensen Huang reacts during a press conference at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on October 31, 2025.
AINvidia
Nvidia CFO admits the $100 billion OpenAI megadeal ‘still’ isn’t signed—two months after it helped fuel an AI rally
By Eva RoytburgDecember 2, 2025
11 hours ago
Big TechInstagram
Instagram CEO calls staff back to the office 5 days a week to build a ‘winning culture’—while canceling every recurring meeting
By Marco Quiroz-GutierrezDecember 2, 2025
11 hours ago

Most Popular

placeholder alt text
Economy
Ford workers told their CEO 'none of the young people want to work here.' So Jim Farley took a page out of the founder's playbook
By Sasha RogelbergNovember 28, 2025
4 days ago
placeholder alt text
Success
Warren Buffett used to give his family $10,000 each at Christmas—but when he saw how fast they were spending it, he started buying them shares instead
By Eleanor PringleDecember 2, 2025
17 hours ago
placeholder alt text
Economy
Elon Musk says he warned Trump against tariffs, which U.S. manufacturers blame for a turn to more offshoring and diminishing American factory jobs
By Sasha RogelbergDecember 2, 2025
11 hours ago
placeholder alt text
C-Suite
MacKenzie Scott's $19 billion donations have turned philanthropy on its head—why her style of giving actually works
By Sydney LakeDecember 2, 2025
18 hours ago
placeholder alt text
Success
Forget the four-day workweek, Elon Musk predicts you won't have to work at all in ‘less than 20 years'
By Jessica CoacciDecember 1, 2025
1 day ago
placeholder alt text
AI
More than 1,000 Amazon employees sign open letter warning the company's AI 'will do staggering damage to democracy, our jobs, and the earth’
By Nino PaoliDecember 2, 2025
19 hours ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • 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
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 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.