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Elon Musk says saving for retirement is irrelevant because AI is going to create a world of abundance: ‘It won’t matter’

Musk said a “supersonic tsunami” of AI and robotics will bring about a world of zero scarcity.

By Marco Quiroz-GutierrezJanuary 12, 2026
5 daily tasks that can double as exercise
By Molly Liebergall and Morning BrewJanuary 12, 2026
Best online banks of January 2026
By Glen Luke FlanaganJanuary 12, 2026
google
‘Apple Intelligence,’ powered by Gemini, marks a ‘major validation moment for Google,’ top tech analyst says
By Michael Liedtke and The Associated PressJanuary 12, 2026
Best IRA CDs of 2026
By Joseph HostetlerJanuary 12, 2026
‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’
By Jason MaJanuary 12, 2026
Latest Stories
trump, powell
CommentaryIs Powell’s Fed head independence dead? It’s just one more diversionary Trump trick
By Jeffrey Sonnenfeld and Stephen HenriquesJanuary 12, 2026
EconomyForget the K-shaped economy, market veteran Ed Yardeni says—instead, it’s boomers hoarding wealth while Gen Z struggles to build it
By Tristan BoveJanuary 12, 2026
Exxon Mobil CEO Darren Woods, seated to the right, listens as U.S. President Donald Trump, left, speaks during a meeting with oil company executives in the East Room of the White House in Washington, DC on Jan. 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. U.S. forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on Jan. 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyTrump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘univestable’ industry
By Jordan BlumJanuary 12, 2026
Personal FinanceBest checking accounts for January 2026
By Glen Luke FlanaganJanuary 12, 2026
CryptoFormer New York Mayor Eric Adams has a new act as a crypto entrepreneur—though details of his ‘NYC Token’ remain vague
By Leo Schwartz and Ben WeissJanuary 12, 2026
ali
PoliticsMuhammad Ali once joked he should be on a stamp because ‘that’s the only way I’ll ever get licked.’ Wish granted
By Susan Haigh and The Associated PressJanuary 12, 2026
mackenzie
PoliticsBillionaire philanthropist MacKenzie Scott donates $45 million to LGBTQ+ youth hotline organization, The Trevor Project
By Thalia Beaty and The Associated PressJanuary 12, 2026
powell
EconomyThe 4.9% mystery: U.S. economy sees productivity surge, but drivers remain an ‘open question,’ top economist says
By Nick LichtenbergJanuary 12, 2026
More GlobalPage 100 of 100
Yishan Wong
SuccessYishan Wong’s résumé: From mopping floors at Burger King and a ‘hell boss’ at PayPal to running Reddit—here’s how he became the CEO he is today
By Orianna Rosa RoyleApril 17, 2023
Portrait of Mike Fata
Leadership‘I was born an entrepreneur, but I had to learn how to be a CEO.’ These are the 2 things that a 9-figure founder did to step up
By Orianna Rosa RoyleMarch 28, 2023
Job interview with female hiring manager
SuccessThis is the interview question Deloitte’s head of talent asks candidates to find out what’s most important to them
By Orianna Rosa RoyleMarch 22, 2023
Woman at a job interview
SuccessThis job interview question is dividing the internet: How to know when personal questions cross the line
By Orianna Rosa RoyleMarch 16, 2023
Businessman Working Late In Hotel Room
SuccessMeet the CEOs rejecting the 5 a.m. club and making their sleep pattern work with a high-flying career
By Orianna Rosa RoyleFebruary 11, 2023
FinanceWhat JPMorgan actually earned in 2013
By Stephen GandelDecember 5, 1
MagazineIt’s Ralph’s world…
By John BrodieSeptember 17, 2007
MagazineWill ‘Made in USA’ fade away?
By Nelson D. SchwartzNovember 24, 2003
Photo of smoke and ash coming from Lower Manhattan on Sept. 11, 2001.
MagazineBattered but unbroken
By Bill PowellOctober 8, 2001
Big TechSomething’s Rotten in Cupertino
By Brent SchlenderMarch 3, 1997
MagazineWhy Andy Grove can’t stop
By Brent SchlenderJuly 10, 1995
MagazineA new Coins2Day 500 for the new economy
By Thomas A. StewartMay 15, 1995
MagazineHow McKinsey does it
By John HueyNovember 1, 1993
A time exposure photograph of a parking lot at night outside of a Walmart store.
MagazineWill Wal-Mart take over the world?
By John HueyJanuary 30, 1989
MagazineThose daring young con men of equity funding
By Wyndham RobertsonAugust 1, 1973
MagazineMcCarthy and the Businessman
By Charles J. V. MurphyApril 1, 1954
MagazineMr. Fred of the Lazari
By Coins2DayMarch 1, 1948
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Economy
‘Sell America’: Investors dump U.S. assets in fear of the end of Fed independenceAn image of a popular article
By Jim EdwardsJanuary 12, 2026
AI
This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he'd do it againAn image of a popular article
By Nick LichtenbergJanuary 11, 2026
Economy
A Supreme Court ruling that strikes down Trump's tariffs would be the fastest way to revive the stalling job market, top economist saysAn image of a popular article
By Jason MaJanuary 11, 2026
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