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Elon Musk comments on "Trump's account": In the future, there will be no poverty, so there's no need to save money.
BlockBeats News, December 18 — Billionaire and Bridgewater Associates founder Ray Dalio announced yesterday plans to match $250 donations for children in Connecticut. Previously, Michael and Dell had donated $250 per child under the age of 10 through the “Trump Accounts” initiative. In response, Elon Musk said that of course this is a kind gesture by the Dell family, but there will be no poverty in the future, so there is no need to save money. Musk has previously advocated for universal high income and firmly believes that artificial intelligence and robotics can make human labor unnecessary in the future. Trump Accounts is a new type of children’s investment account launched under the “Working Families Tax Cuts” signed by U.S. President Donald Trump in 2025, aimed at providing long-term savings and investment opportunities for American children to help them accumulate wealth.