Elon Musk: The Economy Isn’t a Fixed Pie—Everyone Can Prosper Together

Elon Musk: It's a dangerous trap to think that the economy is a fixed pie.

“I think generally, people should always be wary that they may have, either consciously, or perhaps mostly subconsciously, internalized the notion of a zero-sum game, or a fixed pie.

And if you internalize that, everything is zero-sum, meaning in order for me to get ahead, someone else has to not get ahead or for me to have stuff, someone else must not have stuff, if you have that axiomatic flow, then what it needs to be done is to fix that axiomatic flow, because it is false.

It's not a zero-sum game. We can absolutely grow, and have grown, and the evidence is overwhelming, that we have grown the output of goods and services.

We have many things today that we did not have in the past. We are far more prosperous. All of humanity is far more prosperous today than it was at times in the past.”

Source: European Jewish Association, January 2024