Tesla and SpaceX CEO Elon Musk delivered a video address at a G20-related conference in North Carolina on September 1, 2026, outlining his vision for how AI and robotics will transform the global economy. Musk predicted that AI could expand the global economy by 20% to 30% -- equivalent to an annual increase of approximately USD 20-30 trillion -- and that the global humanoid robot population could reach 1 billion units within the next ten years. Musk also forecast that by the end of 2027, AI will be capable of completing nearly all digital work that does not require direct physical manipulation of objects. While these projections represent aggressive long-term forecasts, industry analysts noted they reflect the broader expectation that the next phase of AI development is shifting from pure model capability improvements toward productivity realization and large-scale robotics deployment. Musk's remarks were delivered amid the ongoing global rollout of Tesla's Optimus humanoid robot program and Tesla's autonomous driving initiatives.
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