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Elon Musk Predicts Double-Digit Economic Growth Driven by AI

Elon Musk Predicts Double-Digit Economic Growth Driven by AI

Elon Musk forecasts double-digit US GDP growth within 12-18 months, AI could boost it further.

The world’s wealthiest individual, Elon Musk, has forecasted double-digit growth in the United States GDP “within 12-18 months.” He further suggested that the implementation of AI could potentially push these figures to triple digits.

“If applied intelligence is considered a proxy for economic growth, as it should be, then triple-digit growth is possible in about five years,” the entrepreneur wrote.

Bitcoin entrepreneur Anthony Pompliano highlighted Musk’s post.

“The richest person in the world predicts double-digit GDP growth within 18 months. He says an increase of more than 100% is possible if artificial intelligence realizes its potential,” he wrote.

Representatives from the infrastructure provider for RWA, Oryon Finance, noted that “the forecasts of someone who sees everything are usually not just random noise.”

Not all commentators agreed with Musk’s view. Artem Rusakovskii remarked that “the billionaire’s predictions are not his ‘strong suit.'”

In November, Musk hinted at the release of a flying Tesla car by the end of 2025. He mentioned that the company plans to launch a new Roadster equipped with “crazy technology” that supposedly can “fly.”

Previously, the entrepreneur repeatedly promised fully autonomous Tesla driving (Full Self-Driving), yet the “level 5” milestone remains distant.

Impact on Bitcoin

Cryptocurrency users are paying attention to macroeconomic signals that could stimulate the growth of digital assets. One of the main events monitored by the community was the Fed rate cut.

Despite Musk’s optimistic GDP forecast, some experts do not share the same positivity regarding Bitcoin’s growth.

“Yes. But, of course, we are headed for a bear market in 2026,” commented market observer Bariksis.

In December, renowned trader and technical analyst Peter Brandt emphasized that “digital gold” is a unique asset, having experienced “five parabolic advances on a logarithmic scale,” followed by declines of at least 80%.

The current cycle in the leading cryptocurrency is not yet complete, he added. This suggests a potential price drop to around $25,000.

Brandt expects the peak of the next bull market no earlier than September 2029.

Previously, Saad Ahmed from Gemini explained the reason why altseason has not yet arrived.

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