New Delhi, Jan. 13 -- Billionaire technocrat Elon Musk believes that 10 to 20 years in the future, if the advances he envisions through artificial intelligence and robotics fructify, you don't need to save for retirement as all healthcare, housing and income needs will be met by an abundant society.

"One like side recommendation I have is, don't worry about squirreling money away for retirement. In 10 or 20 years, you won't need to save for retirement. If any of the things that we've said are true, saving for a retirement will be irrelevant," he added.

Speaking on the Moonshots with Peter Diamandis podcast, Elon Musk was optimistic that the future is going to be amazing with AI and robots enabling sustainable abundance.

When asked abou...