Elon Musk has never been one for modest projections, but his latest forecast makes a typical bull market look like a rounding error.<\/p>\n
Speaking remotely to the Abundance Summit<\/a> last week, Musk told XPRIZE founder Peter Diamandis that the global economy is on the verge of an explosion so massive it defies historical precedent.<\/p>\n \u201cI’d say the economy is 10 times its current size in 10 years<\/a>,\u201d Musk said, before quickly clarifying that the growth could be even more explosive. \u201cGreater than,\u201d he added, framing the projected shift\u00a0 in economic output as a \u201cfairly comfortable prediction.\u201d<\/p>\n Don’t Miss:<\/p>\n While a tenfold increase represents a 900% increase from today\u2019s output, Musk offered one massive, looming asterisk to his vision of a hyper-abundant future.<\/p>\n \u201cObviously if there’s like World War III or something, that could put a kink in those plans or those expectations,\u201d Musk warned. \u201cBut in the absence of World War III, if current trends continue, I would say the economy 10xes in 10 years.\u201d<\/p>\n The catalyst for this vertical climb isn\u2019t traditional manufacturing or trade, but the \u201chard takeoff\u201d of artificial intelligence. Musk explained that civilization is currently moving through a period of recursive self-improvement, where AI models are increasingly being used to design and build their successors.<\/p>\n For investors looking to tap into the AI revolution Musk describes, Rad AI<\/a> offers exposure to the AI ecosystem, with opportunities to invest in companies at the forefront of this transformative technology.<\/p>\n