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Oil prices fall sharply as Musk’s AI abundance vision draws skepticism
WTI crude is last quoted at 82.96, down 7.11%, while Brent is 89.12, down 7.91%, and natural gas trades at 2.759, down 3.9%.
Oil futures are lower across major benchmarks, with WTI crude last at 82.96, down 6.35 or 7.11%, and Brent crude at 89.12, down 7.66 or 7.91%, according to OilPrice.
The article also lists other energy contracts including Murban crude at 84.85, down 12.20 or 12.57%, and natural gas at 2.759, down 0.112 or 3.90%.
Beyond pricing, OilPrice discusses skepticism around Elon Musk’s AI driven “abundance” outlook, citing Musk’s comments in an Economist interview about robots and digital intelligence enabling a “quasi-infinite economy.”
The piece adds that Musk said money would not matter in 2036 because people would have high income without working, framing the vision as a Star Trek type future that the author questions.
Latest closeWTI crude $90.47 ▼1.9%|Brent $98.38 ▼2.3%|Nat gas $2.908 ▼0.3%