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Elon Musk Comments on Trump's Universal Child Allowance: Future Will Have No Poverty, No Need to Save

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Elon Musk commented on Trump’s child allowance plan, saying AI will eliminate poverty and make saving obsolete. The U.S. Treasury’s 2025 child savings program gives $1,000 in index funds to kids born 2025–2028. Dalio and Dell pledged millions. Musk praised their support but argued AI and robotics will drive productivity to the point where goods and services near zero cost. On-chain news shows growing interest in AI + crypto news as traditional finance still relies on scarcity models.
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