There's a fatal flaw in Elon Musk's abundance utopia - AFR

Markets Equity Markets AI Print article Updated Aug 7, 2026 – 10.16am , first published at 10.00am Elon Musk is selling the world a seductive story. In the tycoon’s telling, humanity is on the cusp of “sustainable abundance” – billions of humanoid robots, powered by artificial intelligence, will manufacture almost anything, unleashing a supply shock so vast that the output of goods and services massively outpaces growth in the money supply. Loading... Save Log in or Subscribe to save article Share Copy link Copied Email LinkedIn Twitter Facebook Copy link Copied Share via... Gift this article Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? Login License article Read More AI Opinion Elon Musk Robots Global economy Work/life balance Fetching latest articles