New Delhi, Oct. 30 -- Elon Musk has sparked fresh debate over personal finances after claiming that saving money for the distant future may become unnecessary as artificial intelligence (AI) advances. The Tesla and SpaceX CEO posted this comment on X (formerly Twitter) on Thursday, October 29, saying that the rise of superintelligent AI could lead to an economy where goods and services are everywhere.

Musk was responding to an X user who joked about justifying questionable spending decisions by expecting a future of abundance. The user suggested that people shouldn't be too carefree with their money, but many financial decisions they make about money today may not be that significant in the near future. Musk replied, "Saving money for th...