Elon Musk: Robots will multiply the global economy by 10 times thanks to Saudi Arabia.
May 14, 2025111 ViewsRead Time: 2 minutes
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During his participation in the Saudi-American Investment Forum, Elon Musk, the founder of Tesla and SpaceX, expressed his gratitude to Saudi Arabia for allowing the use of the "Starlink" network for navigation and aviation purposes, confirming that this cooperation contributes to improving the infrastructure for modern technologies in the region. Speaking about the future of the economy and technology, Musk pointed out that robots are capable of radically changing the global economy, potentially increasing global productivity tenfold by performing daily tasks faster and more efficiently than humans. Musk continued by saying: "We are living in a unique period where personal robots can be part of our daily lives, allowing everyone to access services and goods that were previously unavailable to them. This development can lead to a huge transformation in the economy, where economic output becomes unlimited, with increased productivity for each individual in society." Musk emphasized that these robots will improve the global basic income level and significantly enhance quality of life. Additionally, Musk added that in the near future, Saudi Arabia will be able to benefit from advanced technologies such as self-driving vehicles, indicating that his company will work on providing these technologies in Saudi Arabia in the near future. Musk explained that the ultimate goal of artificial intelligence and SpaceX is to enhance human ability to understand the universe more deeply and explore answers to complex scientific questions about the world around us.