Riyadh — November 2025: Technology magnate Elon Musk, one of the world’s wealthiest and most influential figures, made bold predictions about the future of work and society during a special session at the Saudi Investment Forum. He was joined on stage by NVIDIA CEO Jensen Huang and Saudi Minister of Communications and Information Technology Engineer Abdullah Al‑Swaha.
Humanoid Robots as “Greatest Invention”
Musk revealed that humanoid robots will soon emerge as the “greatest invention” of modern times. He explained that these advanced machines will be equipped with wide‑ranging capabilities, enabling them to perform tasks across industries and services with efficiency and precision.
Impact on Global Labor Markets
According to Musk, the introduction of intelligent robots will reshape global labor markets. He argued that productivity will be redefined, economies will strengthen, and poverty could potentially be eradicated. Industrial production and service delivery, he said, will experience unprecedented transformation.
Future of Work and Money
Musk further predicted that within the next 10 to 20 years, the concepts of work and money will undergo fundamental change. Employment, he suggested, will no longer be a necessity for survival but rather a choice — similar to exercise or pursuing hobbies.
Driving Force Behind Transformation
The driving force behind this shift, Musk explained, will be intelligent robots capable of performing most productive and service‑oriented tasks at lower cost and greater efficiency than humans.
Global Debate
His remarks have sparked international debate. Analysts note that Musk’s vision underscores both the promise and challenges of artificial intelligence and robotics in shaping the future economy. While some see opportunity in automation, others warn of social and ethical questions that must be addressed.