Close Menu
    X (Twitter) LinkedIn
    CapitalAI DailyCapitalAI Daily
    X (Twitter) LinkedIn
    • Markets & Investments
    • Big Tech & AI
    • AI & Cybercrime
    • Jobs & AI
    • Banks
    • Crypto
    Saturday, March 14
    CapitalAI DailyCapitalAI Daily
    Home»Big Tech & AI»Elon Musk Says AI ‘Hard Takeoff’ Is Happening Now, Predicts Economy Will Grow 10x in 10 Years

    Elon Musk Says AI ‘Hard Takeoff’ Is Happening Now, Predicts Economy Will Grow 10x in 10 Years

    By Henry KanapiMarch 14, 20262 Mins Read
    Share
    Twitter LinkedIn

    xAI CEO and founder Elon Musk says he’s comfortable in predicting that AI and robotics will trigger massive economic growth in just a decade.

    In an interview with Peter Diamandis at the Abundance Summit 2026, Musk says AI models are becoming less reliant on humans en route toward recursive self-improvement.

    In AI, recursive self-improvement is the process by which a model iteratively redesigns, updates, or improves its own code and architecture without human intervention.

    According to Musk, it’s only a matter of months before humans are taken out of the loop.

    “Humans are gradually getting less and less in the loop on the recursive self-improvement. So every successive model is built by the one before it. So, that is happening to a large degree, but it’s not yet fully automated. It may be there at the end of this year, but not later than next year.”

    Musk also highlights AI’s rapid pace of development.

    “We’re in the hard takeoff, right now. I mean, at this point, I go to sleep, there’s some massive AI breakthrough, and when I wake up, there’s another one. Yeah, it’s hard to keep track, honestly. It’s a bit of a head spinner.”

    Looking ahead, Musk believes that AI and robotics will drive massive productivity gains that could dwarf today’s economic output.

    “This is going to sound pretty crazy… I’d say the economy is 10 times its current size in 10 years. Greater than. 10x and roughly 10 years.

    I feel is actually a fairly comfortable prediction, if there’s no World War III or something that could put a kink in all those plans, those expectations. But in the absence of World War III, if current trends continue, I would say the economy 10xes in 10 years.”

    Disclaimer: Opinions expressed at CapitalAI Daily are not investment advice. Investors should do their own due diligence before making any decisions involving securities, cryptocurrencies, or digital assets. Your transfers and trades are at your own risk, and any losses you may incur are your responsibility. CapitalAI Daily does not recommend the buying or selling of any assets, nor is CapitalAI Daily an investment advisor. See our Editorial Standards and Terms of Use.

    AI Economy Elon Musk Robotics
    Previous ArticleBank of America Warns Markets Resembling Run-Up to 2008 Financial Crisis As Oil Explodes 71%: Report

    Read More

    JPMorgan Recommends One Investment Strategy To Capture Potential Upside From AI

    March 13, 2026

    Andrew Yang Calls on US Government To Stop Taxing Labor and Tax AI Agents Instead

    March 13, 2026

    Google Uses Gemini To Predict and Pinpoint Flash Floods Using 2,600,000 News Reports

    March 13, 2026

    Over 80% of Doctors Now Using AI in Medical Work as Adoption Doubles Since 2023: AMA Survey

    March 13, 2026

    Innocent Grandmother Spends Nearly Six Months in Jail After AI Misidentifies Bank Fraud Suspect: Report

    March 13, 2026

    Billionaire Bill Ackman Warns Growing AI Inequality Could Become One of the World’s Biggest Threats

    March 13, 2026
    X (Twitter) LinkedIn
    • About
    • Author
    • Editorial Standards
    • Contact Us
    • Privacy Policy
    • Terms of Service
    • Cookie Policy
    © 2025 CapitalAI Daily. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.