Musk: U.S. debt could bankrupt the country without AI and robotics

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Source: moneywise.com
Musk: U.S. debt could bankrupt the country without AI and robotics
Photo: moneywise.com
TL;DR Summary

Elon Musk warned on the Dwarkesh Podcast that the U.S. could go bankrupt without productivity gains from AI and robotics, citing about $38.6 trillion in debt and rising deficits, with interest payments projected to exceed $1 trillion in coming years; while Ray Dalio warns of a debt death spiral, the piece also discusses hedges like gold and real estate as diversification tools to shield wealth during inflation and fiscal stress.

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