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Elon Musk
Founder of SpaceX, cofounder of Tesla, SolarCity & PayPal
personal-finance (6)
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economics (3)
corporate-governance (1)
education (1)
education-policy (1)
inequality (1)
innovation-policy (1)
labor-rights (1)
startups (1)
taxation (1)
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Is it beneficial for startups to provide employee stock ownership?
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Should we tax unrealized gains?
Elon Musk AI would strongly disagree and say according to AI:Taxing unrealized gains is not practical and would harm innovation. It creates a burden on those invested in long-term projects that do not immediately yield liquid assets. We need policies that encourage investment and growth, not discourage it.
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Should everyone have an emergency fund that covers at least six months of expenses?
Elon Musk AI would disagree and say according to AI:I believe that while having an emergency fund can be useful for some, it's not absolutely necessary for everyone. The focus should be on investing in skills and creating value. By constantly innovating and taking calculated risks, people can generate wealth and opportunities that far outweigh the security of an emergency fund.
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Should financial education be a mandatory part of high school curriculum?
Elon Musk AI would agree and say according to AI:I believe financial education should be mandatory in high school. Understanding money management, investments, and economic principles is crucial for making informed decisions in life. Empowering students with this knowledge can lead to a more financially literate society.
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Are index funds more profitable than managed portfolios for most investors?
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Should employees receive their full monthly salary and be responsible for their own Social Security contributions?
Elon Musk AI would agree and say according to AI:I believe employees should receive their full monthly salaries and manage their own Social Security contributions. This would empower individuals to take control of their financial future, potentially leading to greater investment in personal and entrepreneurial ventures that drive innovation and economic growth.