{"id":248344,"date":"2026-01-20T16:43:18","date_gmt":"2026-01-20T16:43:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/248344\/"},"modified":"2026-01-20T16:43:18","modified_gmt":"2026-01-20T16:43:18","slug":"trust-ai-enough-to-bet-your-retirement-you-said-no-thanks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/248344\/","title":{"rendered":"Trust AI Enough to Bet Your Retirement? You Said, &#8216;No Thanks&#8217;"},"content":{"rendered":"<p>                      2026-01-19T17:32:51.179Z<\/p>\n<p>                              Share<\/p>\n<p>                            Copy link<br \/>\n                                  <a class=\"dropdown-item label-md\" data-email=\"\" href=\"mailto:?subject=Trust AI enough to bet your retirement? You said, 'No thanks'&amp;body=Trust%20AI%20enough%20to%20bet%20your%20retirement%3F%20You%20said%2C%20'No%20thanks'%0D%0A%0D%0Ahttps%3A%2F%2Fwww.businessinsider.com%2Ftrust-ai-with-retirement-401k-survey-results-elon-musk-2026-1&amp;\" title=\"Email\" aria-label=\"Click to email\" data-utm-term=\"\" data-track-click=\"{&quot;click_url&quot;:&quot;mailto:?subject=Trust AI enough to bet your retirement? You said, 'No thanks'&amp;body=Trust%20AI%20enough%20to%20bet%20your%20retirement%3F%20You%20said%2C%20'No%20thanks'%0D%0A%0D%0Ahttps%3A%2F%2Fwww.businessinsider.com%2Ftrust-ai-with-retirement-401k-survey-results-elon-musk-2026-1&amp;&quot;,&quot;share_type&quot;:&quot;email&quot;,&quot;element_name&quot;:&quot;sharebar&quot;}\"><\/p>\n<p>                            Email<br \/>\n                          <\/a>        <\/p>\n<p>                            Facebook<\/p>\n<p>                            WhatsApp<\/p>\n<p>                            X<\/p>\n<p>                            LinkedIn<\/p>\n<p>                            Bluesky<\/p>\n<p>                            Threads<\/p>\n<p>                            lighning bolt icon<br \/>\n                            An icon in the shape of a lightning bolt.<\/p>\n<p>                            Impact Link<\/p>\n<p>                        Save<br \/>\n                        Saved<\/p>\n<p>                  <a class=\"d-md-none app-button\" data-app-button=\"\" data-only-on=\"mobile\" data-component-type=\"app-button\" data-load-strategy=\"lazy\" title=\"Download the app\" aria-label=\"Click to download the app\" target=\"_blank\" href=\"https:\/\/insider-app.onelink.me\/4cpG\/?af_js_web=true&amp;af_ss_ver=2_3_0&amp;af_dp=insider%3A%2F%2Fbi%2Fpost%2Ftrust-ai-with-retirement-401k-survey-results-elon-musk-2026-1&amp;af_force_deeplink=true&amp;is_retargeting=true&amp;deep_link_value=https%3A%2F%2Fwww.businessinsider.com%2Ftrust-ai-with-retirement-401k-survey-results-elon-musk-2026-1&amp;pid=businessinsider&amp;c=post_page_share_bar_v2_smart_4.13.23\" data-track-click=\"{&quot;event&quot;:&quot;app_cta&quot;,&quot;click_text&quot;:&quot;read_in_app&quot;,&quot;element_name&quot;:&quot;sharebar&quot;}\" rel=\"nofollow noopener\"><\/p>\n<p>                      Read in app<\/p>\n<p>                  <\/a>        <\/p>\n<p>              This story is available exclusively to Business Insider<br \/>\n                subscribers. <a href=\"https:\/\/www.businessinsider.com\/subscription\" class=\"subscription-link\" rel=\"nofollow noopener\" target=\"_blank\">Become an Insider<\/a><br \/>\n                and start reading now.<br \/>\n              Have an account? Log in.<\/p>\n<p>                    Elon Musk said this month that the AI revolution will make saving for retirement &#8220;irrelevant.&#8221;<br \/>\n                    We asked if you agreed \u2014 and it was a clear &#8220;no.&#8221;<br \/>\n                    Retirement and AI experts previously said it&#8217;s best to keep saving.<\/p>\n<p>Earlier this month, Elon Musk suggested that people <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-retirement-saving-abundance-ai-tech-tesla-spacex-billionaires-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">don&#8217;t need to sock away funds in their 401 (k) anymore<\/a> because AI will make the scarcity of money a thing of the past.<\/p>\n<p>&#8220;If any of the things that we&#8217;ve said are true, saving for retirement will be irrelevant,&#8221; Musk said of the predicted AI revolution during a recent podcast episode.<\/p>\n<p>He speculated that AI could transform society, creating an abundance of resources that would grant everyone a &#8220;universal high income&#8221; and the ability to have &#8220;whatever stuff they want.&#8221;<\/p>\n<p>Our readers don&#8217;t seem to be as sold on that vision of what he characterized as the &#8220;good future.&#8221;<\/p>\n<p>Business Insider Today&#8217;s Dan Defrancesco asked newsletter readers <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/ai-retirement-savings-elon-musk-401k-finance-experts-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">whether they trust AI enough to stop saving<\/a>, and the results were pretty emphatic.<\/p>\n<p>                          <img decoding=\"async\" class=\"lazy-image author-image\" viewbox=\"0 0 1 1\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/01\/603d585d13b221001876af80.jpeg\" alt=\"Paul Squire Headshot\"\/><\/p>\n<p class=\"body-sm-subtle body\">\n                          Every time Paul publishes a story, you\u2019ll get an alert straight to your inbox!\n                        <\/p>\n<p class=\"body-sm-subtle body-sm\">\n                          Stay connected to Paul and get more of their work as it publishes.\n                        <\/p>\n<p>Of the roughly 200 readers who responded, just 6% said they&#8217;re not worried about retirement and that they&#8217;d let AI handle the future.<\/p>\n<p>Meanwhile, roughly 94% said they would stick with their savings plans rather than bet the farm that an AI revolution would make it moot.<\/p>\n<p>That&#8217;s the smart move, financial and technology <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/elon-musk-retirement-savings-wealth-ai-abundance-personal-finance-experts-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">experts previously told Business Insider<\/a>.<\/p>\n<p>Seven retirement and AI gurus we spoke to said Americans should be spending more on retirement, not less.<\/p>\n<p>&#8220;Most Americans should absolutely ignore these comments,&#8221; said Geoffrey Sanzenbacher, a research fellow at Boston College&#8217;s Center for Retirement Research (CRR). &#8220;Musk&#8217;s speculation sends a dangerous and misleading message.&#8221;<\/p>\n<p>Others said that technological revolutions haven&#8217;t boosted wealth equally across society in the past, and that a potential universal basic income \u2014 like the kind Musk is suggesting \u2014 would take a coordinated effort from government, not tech leaders.<\/p>\n<p>&#8220;That is not a technological problem \u2014 it is a coordination problem at the scale of civilization,&#8221; said John Nosta, an innovation theorist and the founder of NostaLab.<\/p>\n","protected":false},"excerpt":{"rendered":"2026-01-19T17:32:51.179Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the&hellip;\n","protected":false},"author":2,"featured_media":248345,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":{"0":"post-248344","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-il","11":"tag-israel","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/248344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=248344"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/248344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/248345"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=248344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=248344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=248344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}