Elon Musk: “My prediction is in less than 20 years, working will be…”

“Well, I think it'll actually be that people don't have to work at all. It may not be that far in the future. Maybe only, I don't know, 10. I'd say less than 20 years. My prediction is in less than 20 years, working will be optional. Working at all will be optional, like a hobby? Pretty much. And that would be because of increased productivity, meaning people do not have to work. They don't have to.” (31:34–31:39)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.