You have a big fascination of something
all of us have admired, first order
thinking, which Genesis sometimes calls
first order scaling. Which is an
opportunity for you how you have dropped
the cost of batteries from a thousand
per kilowatt hour to sub hundred bucks.
And right now you're doing the same
thing with robotics for actuators with
servo rotors and motors. So I want to
hear from you
how do you manage to always disrupt
every single industry with that
thinking?
Well, it's mostly not disruption, it's
creation.
So with say SpaceX with uh
reusable rockets,
uh there really weren't any reusable
rockets.
Um
but the essence of getting
of revolutionizing space travel is
reusability. If you throw the rocket
away every time, the cost of access to
space is extremely high.
Um
with respect to
electric cars, there there weren't any
electric cars when we started making
them really. They you couldn't buy any
to the best of my knowledge. Um so with
Tesla we wanted to make electric cars
compelling um and affordable. That was
the goal.
Um
the you know with respect to humanoid
robotics, there are no useful humanoid
robotic robots at this point. Um there
are sort of gimmicks, but there are not
there are no actually useful humanoid
robots. Um and I think Tesla's going to
make the first actually useful humanoid
robots.
Um and this will be quite a revolution.
And I think something that will that
everyone will want
uh because I was thinking like who who
wouldn't want their own personal C3PO
R2D2? Oh, yeah.
Of course. Everyone would want one.
Right?
And and then there would be many in
industry
uh providing products and services. This
is why I say that humanoid robots will
be the biggest industry or the biggest
product ever.
Um
bigger than cell phones or anything else
because everyone's going to want one.
And uh or maybe more than more than one
and there'll be many in industry.
Um
I just want R2D2 in C3PO's body.
Yeah. There you go.
>> Um
>> [laughter]
>> well, to I mean a humanoid robot will be
better than R2D2 and C3PO combined times
10. Yeah. So
the
it and and you know people often talk
about
uh sort of eliminating poverty and that
kind of thing, but really the
this how long have they been talking
about that? Um there's lots of talk uh
you know, there's lots of NGOs sort of
trying to do these things, but but
really not succeeding. Um and and and
you know, the evidence speaks for
itself. Uh but
but but AI and humanoid robots will
actually eliminate poverty.
And Tesla won't be the only one that
makes them. I think Tesla will pioneer
this, but there will be many other
companies that make humanoid robots. But
there there's only basically one way to
uh make everyone wealthy and that is AI
and robotics.