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Elon Musk shoots down 'wrong-headed economic thinking,' says there's 'infinite potential' for job creation

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Elon Musk rejects economic scarcity ideology, suggesting that there is basically "infinite potential" for creating jobs and businesses.
Elon Musk has criticized what he describes as "wrong-headed economic thinking" regarding job automation and its impact on employment. In a recent statement, Musk emphasized that there is "infinite potential for job creation" as technology advances. He argues that while automation might displace certain jobs, it also creates new opportunities in fields like AI development, renewable energy, and space exploration. Musk's perspective challenges the notion that automation will lead to widespread unemployment, suggesting instead that human ingenuity will continue to generate new industries and roles, thereby fostering economic growth and job opportunities.

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