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first_img Musk predicts that AI could drive global economic growth by 20% to 30%

Elon Musk, CEO of Tesla and SpaceX, stated via video link at the G20 summit held in Asheville, North Carolina, on Tuesday that the productivity improvements brought by AI are already evident, and robotics technology will further push productivity to new heights. He predicts that AI could increase the global economy's scale by 20% to 30%, adding approximately $20 trillion to $30 trillion to annual economic output.Musk forecasts that the number of humanoid robots worldwide will reach 1 billion within the next decade, with these robots producing at least five times more than humans. The widespread application of humanoid robots could expand the global economy's scale by more than tenfold. He also predicts that by the end of next year, AI will be able to handle almost all digital tasks that do not involve changing the real physical world, with AI software reaching Stockfish levels, making it impossible for humans to compete in software development. He expects that within 12 to 18 months, AI will excel in all forms of engineering and digital work.As Musk made these remarks, SpaceX is ramping up its investment in AI. SpaceX's AI business generated $2.6 billion in revenue in the second quarter, a year-on-year increase of 247%. The company invested $15.8 billion in AI infrastructure in the second quarter, primarily for the expansion of the Colossus II data center, accounting for about 86% of total capital expenditures. Recently, SpaceX acquired the AI programming platform Cursor for $60 billion and released its latest AI model, Grok 4.6.

first_img OpenAI terminates the Cursor model contract, Musk criticizes Altman

OpenAI has notified SpaceX that it will terminate the contract to provide models for the AI coding tool Cursor it acquired, with a suggested termination date of November 12, stating that this is the longest notice period stipulated in the contract. OpenAI expressed that the decision was difficult, as it values the widespread use of its models by developers, but due to Musk's past breaches of contract, it does not trust SpaceX to use the technology as agreed, and mentioned issues related to the use of OpenAI models during xAI training and contract problems when acquiring X.Musk stated on X that he does not care at all and referred to Sam Altman and Greg Brockman as frauds, accusing them of stealing from an open nonprofit organization. Musk was a co-founder of OpenAI but later filed a $150 billion lawsuit against OpenAI and lost due to exceeding the deadline. OpenAI had attempted to acquire Cursor's developer Anysphere but was unsuccessful, while SpaceX acquired Cursor for $60 billion, with the merger completed on August 15.Michael Truel, co-founder of Cursor and now an executive at SpaceX, stated that Cursor views the OpenAI platform as neutral infrastructure and is negotiating with OpenAI, noting that OpenAI models account for 5% of Cursor's user traffic. Tom Brown, co-founder of Anthropic, stated that they will continue to expand computing power to provide the Claude model on Cursor.
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