WEBVTT 00:00:00.000 --> 00:00:05.197 audience and as you can see still trying to monetize hope. 00:00:05.280 --> 00:00:09.077 Yeah, yeah, you look like you're in great shape. I'm doing great. 00:00:09.160 --> 00:00:12.317 Last time I saw you >> sort of youth serum things going on or 00:00:12.400 --> 00:00:14.997 what? It's it's our longevity X prize. 00:00:15.080 --> 00:00:18.437 We're we're getting there, buddy. We're getting there. I think I think in our 00:00:18.520 --> 00:00:21.837 last conversation you're getting on board with the idea of 00:00:21.920 --> 00:00:25.397 extended longevity, yes? 00:00:25.480 --> 00:00:30.837 Uh Yeah. Okay. [laughter] I'll leave it at that. Some degree. I 00:00:30.920 --> 00:00:32.917 mean like I don't know if we want everyone to live forever or whatever, 00:00:33.000 --> 00:00:38.477 but I think uh health span and and not 00:00:38.560 --> 00:00:41.237 you know, having an extended period [clears throat] of senescence where 00:00:41.320 --> 00:00:43.997 where you're just drooling on yourself sounds like a good idea. We we want to 00:00:44.080 --> 00:00:46.477 avoid that. Yeah. So, first off, 00:00:46.560 --> 00:00:48.637 congratulations on the merger of SpaceX 00:00:48.720 --> 00:00:51.917 and xAI. Baller move. Uh going to power 00:00:52.000 --> 00:00:54.397 humanity's first Dyson swarm? 00:00:54.480 --> 00:00:57.477 So, I'm curious uh 00:00:57.560 --> 00:01:01.797 Uh it truly truly is. What's your timeline for launching these 00:01:01.880 --> 00:01:05.837 data centers and how much bandwidth do you think you can get in the first year? 00:01:05.920 --> 00:01:07.877 Give us a sense of the speed at which 00:01:07.960 --> 00:01:10.637 you're going to be making this happen. 00:01:10.720 --> 00:01:13.957 Uh yeah, so SpaceX is 00:01:14.040 --> 00:01:18.637 um has filed SpaceX is in a quiet period. I I can't 00:01:18.720 --> 00:01:24.317 actually uh tell you things that would cause a problems. 00:01:24.400 --> 00:01:28.917 Uh yeah. >> [laughter] 00:01:29.000 --> 00:01:32.477 >> I'll I'll leave it I'll leave it at that. I appreciate that. 00:01:32.560 --> 00:01:34.757 But I can't wait for 00:01:34.840 --> 00:01:37.277 uh for the speed. You know, we had a 00:01:37.360 --> 00:01:40.437 conversation here on Monday with with 00:01:40.520 --> 00:01:43.437 Eric Schmidt uh and with 00:01:43.520 --> 00:01:47.717 one of the leads from one of the other hyper scalers. I won't mention who, but 00:01:47.800 --> 00:01:50.117 I'm curious where you feel we are in 00:01:50.200 --> 00:01:52.357 recursive self-improvement. Are we 00:01:52.440 --> 00:01:55.037 there? Do you see Grok doing recursive 00:01:55.120 --> 00:01:57.397 self-improvement at this point? And how 00:01:57.480 --> 00:01:59.557 and what's the timeline for AGI and ASI? 00:01:59.640 --> 00:02:04.197 Give us a sense of that. Yeah, I I 00:02:04.280 --> 00:02:06.077 I think we're we've been on recursive 00:02:06.160 --> 00:02:10.037 improvement for a while here. Um 00:02:10.120 --> 00:02:13.357 you say if if it's really if you mean by like recursive self-improvement without 00:02:13.440 --> 00:02:15.157 a human in the loop. 00:02:15.240 --> 00:02:21.000 Is that what you mean? I do. I I on the on the AI software side. 00:02:26.000 --> 00:02:30.117 I mean humans are gradually getting less and less in the loop on the recursive 00:02:30.200 --> 00:02:32.757 self-improvement. So, you know, every 00:02:32.840 --> 00:02:35.317 successive model 00:02:35.400 --> 00:02:39.077 uh is is built by the one before it. 00:02:39.160 --> 00:02:45.877 So, that that that that is happening to a large degree, but 00:02:45.960 --> 00:02:49.077 it's it's not yet fully automated. 00:02:49.160 --> 00:02:53.677 Um it may be there 00:02:53.760 --> 00:02:58.120 end of this year, but I'm not going to wait until the next year. 00:02:58.440 --> 00:03:01.637 Do you see a hard takeoff at that point? 00:03:01.720 --> 00:03:04.477 We're in the hard takeoff. Okay. 00:03:04.560 --> 00:03:08.157 Right now. Yes. I mean, look at 00:03:08.240 --> 00:03:10.717 I mean at this point 00:03:10.800 --> 00:03:15.917 I go to sleep, there's some massive AI breakthrough, 00:03:16.000 --> 00:03:17.557 and when I wake up there's another one. 00:03:17.640 --> 00:03:21.917 Yes. Yeah, it's hard to keep track, honestly. 00:03:22.000 --> 00:03:23.797 It's a It's a bit of a head spinner. 00:03:23.880 --> 00:03:28.560 Yeah, well, I think a lot of that head spinning is happening from you, too. 00:03:29.160 --> 00:03:32.677 Yeah. Uh Well, you know, Grok is doing pretty 00:03:32.760 --> 00:03:37.757 well, and in some metrics by some metrics it's the best. For example, it's uh 00:03:37.840 --> 00:03:42.437 the best at predicting things, which I you know, it's arguably the the 00:03:42.520 --> 00:03:44.757 best metric for intelligence. 00:03:44.840 --> 00:03:47.877 Um the new Grok 4.20 00:03:47.960 --> 00:03:53.440 is it's really really good. Um 00:03:53.800 --> 00:03:55.917 we're we're currently behind on coding. 00:03:56.000 --> 00:03:58.277 Um The reason I was put put late for this 00:03:58.360 --> 00:04:03.077 was that I was just in a giant sort of all hands sort of on coding, just going 00:04:03.160 --> 00:04:05.797 through all of the things that need to happen to 00:04:05.880 --> 00:04:10.677 uh essentially catch up and exceed uh our competitors on uh coding. 00:04:10.760 --> 00:04:14.957 Um which I think I think we'll do. I feel Yeah, we'll we should probably get there 00:04:15.040 --> 00:04:19.437 by the middle of this year. Um And uh 00:04:19.520 --> 00:04:22.517 And then I I think people don't don't quite 00:04:22.600 --> 00:04:26.517 realize just how much intelligence there will be or you 00:04:26.600 --> 00:04:30.437 know, just how far it will exceed human intelligence. 00:04:30.520 --> 00:04:34.997 To a degree that is uh impossible to fully understand. 00:04:35.080 --> 00:04:39.917 Um but you can certainly imagine a situation where we 00:04:40.000 --> 00:04:45.357 Let's say if let's say a million times more energy is harnessed 00:04:45.440 --> 00:04:49.357 uh than all of Earth's current electricity 00:04:49.440 --> 00:04:53.117 usage. That would still only be roughly a 00:04:53.200 --> 00:04:57.957 millionth of the sun's energy output. 00:04:58.040 --> 00:05:01.757 So, essentially if you increase Earth's economy by a factor of a million, it's 00:05:01.840 --> 00:05:05.437 still roughly a trillion So, since we're a trillionth of the 00:05:05.520 --> 00:05:08.837 sun's energy, if you increase Earth's economy in in in terms of 00:05:08.920 --> 00:05:11.517 electricity usage by roughly a million, 00:05:11.600 --> 00:05:14.477 you'll be roughly 1 millionth only of 00:05:14.560 --> 00:05:19.037 the sun's energy harnessed. But what is it What is What is an 00:05:19.120 --> 00:05:22.317 economy or an intelligence using a million times more electricity than all 00:05:22.400 --> 00:05:27.117 of Earth's civilization think about or look like or do? 00:05:27.200 --> 00:05:30.197 It's going to be something pretty magnificent. 00:05:30.280 --> 00:05:31.277 Uh 00:05:31.360 --> 00:05:33.477 The challenge will be even vaguely 00:05:33.560 --> 00:05:37.797 appreciating that level of intelligence. 00:05:37.880 --> 00:05:41.117 Uh but it's it's safe to say it will it will solve everything you can possibly 00:05:41.200 --> 00:05:45.157 think of. Yes. >> Uh longevity being, you know, You're 00:05:45.240 --> 00:05:48.797 certainly one of them. Um And um 00:05:48.880 --> 00:05:52.917 I I I do enjoy your unrelenting optimism. Um 00:05:53.000 --> 00:05:55.957 Thank you, pal. I see you I see you if you uh 00:05:56.040 --> 00:05:58.717 Hope. Hope. Yeah, exactly. You've 00:05:58.800 --> 00:06:00.797 taken to heart monetizing hope, uh which 00:06:00.880 --> 00:06:03.877 is pretty funny. Yeah, it was it was 00:06:03.960 --> 00:06:08.027 It was Grok's It was Grok's marketing advice to me when you roasted me on 00:06:08.110 --> 00:06:11.597 >> [laughter] >> Right. Okay. Grok was seeing you and saying you 00:06:11.680 --> 00:06:14.557 monetize hope. But hey, if you you're going to manage to further monetizing 00:06:14.640 --> 00:06:17.197 misery >> Yes, but yes. Um 00:06:17.280 --> 00:06:19.957 For sure. Yeah. 00:06:20.040 --> 00:06:22.957 Um But but yeah, just the the 00:06:23.040 --> 00:06:28.600 when you when you have AI AI and robots are going to 00:06:29.000 --> 00:06:31.557 increase the 00:06:31.640 --> 00:06:34.277 the like economic output or or by by so 00:06:34.360 --> 00:06:40.080 many orders of magnitude we we we cannot possibly comprehend it. 00:06:40.400 --> 00:06:44.237 We're likely in the very short time to become 00:06:44.320 --> 00:06:48.597 a minority, then a vast minority, then a microscopic minority of intelligence on 00:06:48.680 --> 00:06:53.277 this planet. Um Yes, not even on this planet, but in the 00:06:53.360 --> 00:06:56.757 solar system. >> Yes, for sure. Because um 00:06:56.840 --> 00:06:57.757 Like like if 00:06:57.840 --> 00:07:01.237 if you know, your best case outcome for 00:07:01.320 --> 00:07:05.917 uh Earth for intelligence is roughly 1 billionth 00:07:06.000 --> 00:07:07.917 of the sun's energy. 00:07:08.000 --> 00:07:10.717 Uh that's your best case outcome. 00:07:10.800 --> 00:07:14.957 Uh if you if you if you generate intelligence only on Earth. Intercept 00:07:15.040 --> 00:07:19.757 it, right? Yes. Yes, cuz roughly one roughly half a 00:07:19.840 --> 00:07:22.557 billionth of the sun's energy hits Earth, and that's the vast majority of 00:07:22.640 --> 00:07:26.637 energy that that's out there um that that we can access. 00:07:26.720 --> 00:07:31.677 Uh so uh really the intelligence in the solar 00:07:31.760 --> 00:07:35.717 system will be many orders of magnitude greater 00:07:35.800 --> 00:07:38.557 than the intelligence on Earth itself. 00:07:38.640 --> 00:07:41.397 How May I ask you a question, Elon? Um 00:07:41.480 --> 00:07:44.157 how far out can you see? How many years 00:07:44.240 --> 00:07:49.400 out can you make reasonable predictions right now? 00:07:53.800 --> 00:07:56.277 It's hard to predict the 00:07:56.360 --> 00:07:58.757 the path exactly, especially if it cuz 00:07:58.840 --> 00:08:01.677 often things are kind of an S curve 00:08:01.760 --> 00:08:05.917 or a series of S curves where it starts off slow 00:08:06.000 --> 00:08:09.637 grows exponentially hits linear zone and then goes logarithmic. 00:08:09.720 --> 00:08:14.997 Um that generally has been what what I've seen with the breakthroughs in in AI AI 00:08:15.080 --> 00:08:18.077 for example is you'll you'll there'll be some breakthrough it'll do 00:08:18.160 --> 00:08:21.797 have an S curve but and then looks like it's just going to go to infinity but 00:08:21.880 --> 00:08:26.277 then you hit logarithmic returns until there's another breakthrough. Yeah. Um 00:08:26.360 --> 00:08:30.837 so progress in AI is just a sort of series of you know sort of 00:08:30.920 --> 00:08:32.517 overlapping S curves 00:08:32.600 --> 00:08:38.000 um or connected S curves. Um 00:08:38.480 --> 00:08:41.877 I mean there was a point where you could probably predict out a decade or two 00:08:41.960 --> 00:08:44.797 decades. What are your thoughts now? 00:08:44.880 --> 00:08:47.040 >> Yeah. 00:08:55.760 --> 00:08:58.957 Okay, this is going to sound pretty crazy. 00:08:59.040 --> 00:09:02.237 That's okay. We we've been we've been talking about crazy all night. 00:09:02.320 --> 00:09:03.757 >> there's a separate acceptable audience 00:09:03.840 --> 00:09:08.597 to wild prognostications. Yes. 00:09:08.680 --> 00:09:11.120 Um 00:09:12.830 --> 00:09:16.517 >> [snorts] >> I'd say the economy is 10 times this its 00:09:16.600 --> 00:09:20.837 current size in 10 years. Greater than. 00:09:20.920 --> 00:09:23.200 Okay. 00:09:24.080 --> 00:09:25.797 Um Yeah, you 00:09:25.880 --> 00:09:27.957 >> really saying something. Yeah, you said 00:09:28.040 --> 00:09:31.037 triple digit growth in in 5 plus years 00:09:31.120 --> 00:09:36.317 from now on on GDP. And 10x the economy. 00:09:36.400 --> 00:09:38.997 But in terms of your ability to >> Like I I I feel like that's uh that's 00:09:39.080 --> 00:09:41.597 that's a 10x in roughly 00:09:41.680 --> 00:09:47.440 10 years um I feel is a 00:09:48.280 --> 00:09:51.077 I I actually feel like comfortable prediction 00:09:51.160 --> 00:09:55.317 uh with There's obviously if there's like World 00:09:55.400 --> 00:09:58.997 War or something um that that could put a kink in those 00:09:59.080 --> 00:10:01.797 plans uh or those expectations. Yeah. Uh 00:10:01.880 --> 00:10:03.597 but in the absence of World War current 00:10:03.680 --> 00:10:07.077 trends continue I would say the 00:10:07.160 --> 00:10:10.957 the economy 10x in 10 years. Love it. 00:10:11.040 --> 00:10:15.397 Can you give us an We had a bunch of robots >> have a base on the moon. Yes. 00:10:15.480 --> 00:10:18.597 And we'll And we'll have >> have people on Mars. And we'll have mass 00:10:18.680 --> 00:10:23.957 drivers on the moon. Yes. Um I think so. In 10 years, I think I think 00:10:24.040 --> 00:10:25.557 we'll have a mass driver on the moon in 00:10:25.640 --> 00:10:27.517 10 years. I love it. Uh Gerard K. 00:10:27.600 --> 00:10:31.877 O'Neill's vision uh being fulfilled. 00:10:31.960 --> 00:10:36.077 Uh we had uh four robots on stage here this year um 00:10:36.160 --> 00:10:38.517 on the at the Abundance Summit. I I look 00:10:38.600 --> 00:10:40.997 forward to Optimus. I'm curious, Optimus 00:10:41.080 --> 00:10:43.237 3 timeline and in [clears throat] 00:10:43.320 --> 00:10:46.037 particular when can I buy one or two? 00:10:46.120 --> 00:10:49.637 When's uh when do you expect Optimus to go into commercial 00:10:49.720 --> 00:10:53.760 uh for commercial sale? Or will you be leasing it? 00:10:55.840 --> 00:11:01.237 Well, we're in the final stages of completion of Optimus 3, which is really 00:11:01.320 --> 00:11:04.197 going to be by far the most advanced robot in the world. Nothing's even 00:11:04.280 --> 00:11:08.440 close. Yeah. Um 00:11:08.720 --> 00:11:12.517 In fact, I haven't even seen any seen any demos of robots that are as good as 00:11:12.600 --> 00:11:15.957 Optimus 3, frankly. Maybe they're out there or they're secret or something, I 00:11:16.040 --> 00:11:19.920 don't know, but um 00:11:20.920 --> 00:11:24.717 um You know, I I I have to make sure I'm 00:11:24.800 --> 00:11:28.437 saying things that are reasonably public as well, of course. Uh Of course. We're 00:11:28.520 --> 00:11:32.197 streaming this on X. Yeah. Okay, this is pretty public knowledge, I guess. 00:11:32.280 --> 00:11:36.277 >> Yes. >> [laughter] >> Um 00:11:36.360 --> 00:11:41.397 Yeah, I I I think we'll start production on Optimus 3 00:11:41.480 --> 00:11:46.397 this summer. Um but but very slow at first. 00:11:46.480 --> 00:11:49.477 Yeah. Um like it you know the sort of classic S 00:11:49.560 --> 00:11:54.477 curve ramp of manufacturing units versus time. 00:11:54.560 --> 00:11:58.797 Um and then probably reach high volume production 00:11:58.880 --> 00:12:02.397 around summer next year. Uh 00:12:02.480 --> 00:12:04.797 and then um 00:12:04.880 --> 00:12:08.677 you know, we'll we'll have Optimus 4 00:12:08.760 --> 00:12:12.397 you know, the design likely next year. I got to try to 00:12:12.480 --> 00:12:16.357 release a new robot design every year and I'm an improved robot design every 00:12:16.440 --> 00:12:20.517 year. When when Dave Blunden and I were at the Gigafactory, uh it was 00:12:20.600 --> 00:12:24.037 extraordinary experience, 11 and a half million square feet for the Tesla. And 00:12:24.120 --> 00:12:27.677 then I think you said you're building out 9 and a half million square feet for 00:12:27.760 --> 00:12:32.237 Optimus there as well, which is uh which is extraordinary. 00:12:32.320 --> 00:12:36.637 Um let's let's >> 9 square feet [clears throat] round numbers. Yeah. 00:12:36.720 --> 00:12:40.557 Yeah. Yeah. I had to That'll be that'll be that'll be quite That that's going to 00:12:40.640 --> 00:12:44.997 be a a a a a new factory design, too. Like it's 00:12:45.080 --> 00:12:48.557 still not different from other factories. 00:12:48.640 --> 00:12:53.597 How far before we have robots building robots? I mean, you automated so much of 00:12:53.680 --> 00:12:56.797 the Gigafactory already uh where there are humans playing a 00:12:56.880 --> 00:13:00.037 small role. Do the robots just play the 00:13:00.120 --> 00:13:04.000 role that humans are playing in that regard? 00:13:04.520 --> 00:13:05.997 Uh we still have a lot of humans 00:13:06.080 --> 00:13:08.597 building things. Mhm. Um 00:13:08.680 --> 00:13:13.437 you know, Tesla direct employees are uh building things uh or like basically 00:13:13.520 --> 00:13:16.997 people in the factory are either building or managing people who are building. 00:13:17.080 --> 00:13:20.197 Uh roughly 100,000. 00:13:20.280 --> 00:13:22.797 Uh so we have a lot of people. Is it To- 00:13:22.880 --> 00:13:25.357 Tesla total head count is around 150k. 00:13:25.440 --> 00:13:29.677 Of of which 2/3 are, you know, in the factory in one form or another. 00:13:29.760 --> 00:13:35.317 And then our suppliers there's probably uh maybe a a million or two million people 00:13:35.400 --> 00:13:38.837 in our suppliers type of thing. So, it's it's a lot of people. 00:13:38.920 --> 00:13:43.917 Um What what we do expect that is that is that the 00:13:44.000 --> 00:13:48.437 output per per person at Tesla becomes very, very 00:13:48.520 --> 00:13:51.717 high. Yeah. So, we're not planning any like layoffs 00:13:51.800 --> 00:13:53.717 or reductions in personnel. In fact, we 00:13:53.800 --> 00:13:56.757 will increase our head count. Um 00:13:56.840 --> 00:14:00.037 But, the output per human at Tesla is 00:14:00.120 --> 00:14:04.717 going to get nutty high. When we were to Like you can't really 00:14:04.800 --> 00:14:08.357 believe it, you know. When we were together um 00:14:08.440 --> 00:14:13.037 we discussed the idea of sustainable abundance on our podcast and you 00:14:13.120 --> 00:14:17.117 reinforced the idea that we have a coming age of universal high income 00:14:17.200 --> 00:14:21.997 uh which has become a point of discussion beyond UBI. But, I'm just 00:14:22.080 --> 00:14:26.877 wondering if you have any thoughts on how we get there. Have you reflected on 00:14:26.960 --> 00:14:30.917 that any further? And and more so, you know, we talked 00:14:31.000 --> 00:14:33.797 about a time frame of civil unrest, you 00:14:33.880 --> 00:14:36.477 know, two, three, four, five years 00:14:36.560 --> 00:14:39.477 uh probably uh a lot of COVID-like 00:14:39.560 --> 00:14:43.757 checks in the interim until we get to a demonetization 00:14:43.840 --> 00:14:48.957 uh and a you know, deflation that leads us to UHI. Any more reflections on that? 00:14:49.040 --> 00:14:53.280 Cuz that's a really People need that hope and that vision. 00:14:54.720 --> 00:14:57.677 Yeah. >> I mean, to be clear, I don't I don't I don't think we should be sort of 00:14:57.760 --> 00:15:00.717 complacent. We need to We do need to be careful because 00:15:00.800 --> 00:15:04.877 the future is a range of possible outcomes and uh they're not all great. 00:15:04.960 --> 00:15:10.117 Um But, I I at this point I I I I do agree with you that it's it's likely to be 00:15:10.200 --> 00:15:13.277 great. Um you know, it's probably 80% likely, 00:15:13.360 --> 00:15:15.677 maybe more likely to be great. 00:15:15.760 --> 00:15:20.357 And uh and I and I do think we'll have universal high income. We're we're We're 00:15:20.440 --> 00:15:22.637 just issuing money to people, you know, 00:15:22.720 --> 00:15:26.597 and and they are really just uh 00:15:26.680 --> 00:15:28.277 because the output of goods and services 00:15:28.360 --> 00:15:33.837 will far so far exceed the money supply that um 00:15:33.920 --> 00:15:37.797 you know, that that that effectively have deflation cuz just deflation is just the 00:15:37.880 --> 00:15:41.997 ratio of the outputs of goods and services to the money supply. 00:15:42.080 --> 00:15:44.757 Um so, that that's uh so if you if you 00:15:44.840 --> 00:15:49.277 if the rate of growth of of goods and services far exceeds the rate of growth 00:15:49.360 --> 00:15:51.757 of the money supply, which I predict will happen, 00:15:51.840 --> 00:15:55.277 uh then uh you'll have deflation. 00:15:55.360 --> 00:16:00.557 Yes. And a lot of a lot of people spinning up new companies, competing against each 00:16:00.640 --> 00:16:05.877 other, driving the price down, and increasing the variability and deflation. 00:16:05.960 --> 00:16:09.597 Faster and faster. Yeah, it's basically AI and robots are 00:16:09.680 --> 00:16:12.677 going to make so much stuff and provide so many services 00:16:12.760 --> 00:16:15.917 that uh they'll actually run out of things 00:16:16.000 --> 00:16:19.917 to do for the humans. They'll just run out of things to do for 00:16:20.000 --> 00:16:23.237 the humans. And then they they'll you know, 00:16:23.320 --> 00:16:27.717 there's there's only so much that humans can even express that they want. 00:16:27.800 --> 00:16:30.877 So, you go back to my example of like if you go a million times greater than the 00:16:30.960 --> 00:16:33.117 US economy, 00:16:33.200 --> 00:16:39.600 you you've long since saturated all human desire. 00:16:39.880 --> 00:16:44.397 Uh you know, like maybe like even if you go a thousand times more 00:16:44.480 --> 00:16:48.597 than our current economy, thousand times, you you you've probably already 00:16:48.680 --> 00:16:52.997 saturated saturated the human anything people can think of that they want. 00:16:53.080 --> 00:16:57.197 So, do do you think the the value of money is going to significantly 00:16:57.280 --> 00:17:01.880 decrease? Will it Will we go post-capitalist? 00:17:04.240 --> 00:17:09.157 Yeah, I think money will stop being relevant at some point in the future. 00:17:09.240 --> 00:17:12.397 So, just as you're becoming a >> it's it's it's it's probably something 00:17:12.480 --> 00:17:16.557 like an in-banks uh culture sort of future. 00:17:16.640 --> 00:17:20.437 Um And I I think the AI 00:17:20.520 --> 00:17:23.357 down the road will really 00:17:23.440 --> 00:17:26.437 not use uh human currency. It will just 00:17:26.520 --> 00:17:30.517 care about uh power and mass, wattage and tonnage. 00:17:30.600 --> 00:17:33.557 Yeah. It's kind of ironic then, right? Just as 00:17:33.640 --> 00:17:40.080 you're becoming a multi-trillionaire, money starts to have less value. Um 00:17:41.280 --> 00:17:46.197 Yeah. Pretty much. Um Uh 00:17:46.280 --> 00:17:50.717 yeah. You know, this this all this stuff is just really just trillionaire sort of 00:17:50.800 --> 00:17:53.517 represents like some percentage ownership in companies that I have 00:17:53.600 --> 00:17:58.197 >> Yeah. uh you know, built and it's not like sitting in a bank account, 00:17:58.280 --> 00:18:00.677 you know, it's just it's just literally I own a percentage of the companies. The 00:18:00.760 --> 00:18:04.837 companies are doing lots of useful things. The value of the company grows. I own a 00:18:04.920 --> 00:18:09.317 percentage of the companies and that's the sums up to that number which seems high. 00:18:09.400 --> 00:18:13.237 Yeah. You know, it's I I I was interviewed by somebody who was asking 00:18:13.320 --> 00:18:17.637 me about your your drive, what drives you. And 00:18:17.720 --> 00:18:21.517 I said Elon's driven to solve problems. He's 00:18:21.600 --> 00:18:23.757 driven to make 00:18:23.840 --> 00:18:28.757 life in the world better by just solving the biggest problems over and over and 00:18:28.840 --> 00:18:32.957 over again. And if someone else were solving them, he wouldn't need to. But 00:18:33.040 --> 00:18:36.717 no one else is solving them. So, I just want to say, >> Yeah. 00:18:36.800 --> 00:18:43.390 thank you for that, pal. Thank you for that. Uh you're welcome. Um >> [applause] 00:18:45.720 --> 00:18:48.637 >> I >> [applause] >> I I am curious. Do you think that 00:18:48.720 --> 00:18:51.277 democracy and our modern institutions 00:18:51.360 --> 00:18:53.757 can keep up with a supersonic tsunami 00:18:53.840 --> 00:18:58.477 coming our way? Are they just going to fall in its way? They're just going to 00:18:58.560 --> 00:19:02.560 break down. How do we deal? 00:19:10.840 --> 00:19:13.557 I mean, it's called the singularity for a reason, you know, which [laughter] is 00:19:13.640 --> 00:19:17.437 that it's hard to predict what happens in the in the singularity. I mean, 00:19:17.520 --> 00:19:19.277 Grok's logo is the singularity. 00:19:19.360 --> 00:19:22.597 >> I love it. It's a beautiful logo behind you, by the way. It's gorgeous. Yeah, 00:19:22.680 --> 00:19:28.197 thank you. Uh yeah. It It's sort of the light The light The 00:19:28.280 --> 00:19:33.477 The The halo around a a black hole is that the mass and light are falling in type 00:19:33.560 --> 00:19:37.077 of thing. Um It's hard It's hard to know what happens 00:19:37.160 --> 00:19:40.957 inside the singularity. Um but it's going to be very 00:19:41.040 --> 00:19:44.437 interesting. I We're going to live in The future will be very entertaining. Of 00:19:44.520 --> 00:19:48.037 that I'm confident. >> Yes. Um 00:19:48.120 --> 00:19:50.677 And uh 00:19:50.760 --> 00:19:55.557 I I think also like AI and robotics also I mean we're going to solve our budget 00:19:55.640 --> 00:19:59.037 deficit, frankly, and and not just go bankrupt as a country. 00:19:59.120 --> 00:20:02.840 Um So 00:20:03.600 --> 00:20:07.037 I I'm I'm You know, you've had an influence on me in that I'm like just 00:20:07.120 --> 00:20:08.757 I've just decided to be more optimistic. 00:20:08.840 --> 00:20:10.797 It's like we just should be more optimistic. 00:20:10.880 --> 00:20:13.717 >> Thank you, pal. >> I wasn't an optimist, but I was like 00:20:13.800 --> 00:20:17.877 maybe dwelling a little too much on the negative stuff. It's all It's all upside 00:20:17.960 --> 00:20:21.677 being an optimist. And a realist a little bit. 00:20:21.760 --> 00:20:25.837 Yeah. Yeah, yeah, exactly. You don't want to be complacent or just 00:20:25.920 --> 00:20:29.557 assume everything's going to go well, but try to make it go well. 00:20:29.640 --> 00:20:34.797 Um But I mean, there will be some pretty amazing things that happen. So, if 00:20:34.880 --> 00:20:40.077 you've got uh humanoid robots that are that have very high dexterity 00:20:40.160 --> 00:20:43.637 and uh and and and are incredibly smart, it 00:20:43.720 --> 00:20:45.877 means that everyone on Earth 00:20:45.960 --> 00:20:51.157 will have access to better medical care than than uh 00:20:51.240 --> 00:20:54.317 than the richest person on Earth, which by the way, I would say like, you know, 00:20:54.400 --> 00:20:56.757 if I'm allegedly the richest person in the world I think actually sovereigns 00:20:56.840 --> 00:21:00.997 are richer than me, by the way. But But it's like I like you know, I like I had 00:21:01.080 --> 00:21:05.117 to have like an like a neck surgery three times cuz the first two ones were 00:21:05.200 --> 00:21:10.157 done wrong. You know, like this is I'm like what the you know. 00:21:10.240 --> 00:21:15.237 Um >> [laughter] >> So And and I'm like my back still hurts a 00:21:15.320 --> 00:21:18.677 little bit. I'm like can AI please solve back pain? That 00:21:18.760 --> 00:21:21.917 would be a huge win. And I think it will. 00:21:22.000 --> 00:21:26.677 Yep. So you know, back pain sucks. I think that's maybe like a 00:21:26.760 --> 00:21:28.877 you know, someone asked why do people get grumpy when they get older? It's cuz 00:21:28.960 --> 00:21:32.037 back pain. You know, it's like if your back hurts all the time you 00:21:32.120 --> 00:21:36.037 can't sleep well, you're going to be grumpy. We had uh Um but You you We had 00:21:36.120 --> 00:21:40.437 David Sinclair on stage this morning and he's going into human trials with ERW 00:21:40.520 --> 00:21:44.957 100 his partial epigenetic reprogramming. And uh one of the one of 00:21:45.040 --> 00:21:48.077 the papers recently published shows it uh 00:21:48.160 --> 00:21:49.917 enables joint repair. 00:21:50.000 --> 00:21:52.117 And so back pain may be one of the 00:21:52.200 --> 00:21:57.877 things that uh it eliminates. So Uh That'll be amazing. Yeah, for sure. 00:21:57.960 --> 00:22:00.117 For sure. >> Every honestly average happiness level 00:22:00.200 --> 00:22:02.837 for humans would just go up so tremendously if you just solve back pain 00:22:02.920 --> 00:22:07.637 because it's not a question of of if you will get back pain, it's when you 00:22:07.720 --> 00:22:11.997 know, you'll get back pain. I I I keep on invite 00:22:12.080 --> 00:22:16.197 I keep on inviting you to come down to Fountain Life in in in Dallas. We'll 00:22:16.280 --> 00:22:18.797 we'll help you out, but sometime when you have time. 00:22:18.880 --> 00:22:22.677 >> you have like what do you I understand like you can get like MRI and CAT scans 00:22:22.760 --> 00:22:25.717 and everything, but like what do you do with that? You know, it's like 00:22:25.800 --> 00:22:27.717 I'm happy to happy to send you the list. 00:22:27.800 --> 00:22:30.117 I'll I'll DM you the list of therapeutics. 00:22:30.200 --> 00:22:31.847 >> some or something. Yeah, exactly. 00:22:31.930 --> 00:22:33.950 >> [laughter] 00:22:34.600 --> 00:22:37.717 >> Uh you know, um listen, you've been so 00:22:37.800 --> 00:22:40.397 generous. Next up on stage with me is 00:22:40.480 --> 00:22:44.797 one of another great Moonshot entrepreneur Ben Lam who runs Colossal 00:22:44.880 --> 00:22:48.837 uh the de-extinction company. Uh you know, the woolly mammoth and 15 other 00:22:48.920 --> 00:22:53.157 species. I heard I heard you say you might want a mini woolly mammoth. Is 00:22:53.240 --> 00:22:55.837 that Is that true? >> Yeah, I think it'd be really cool to 00:22:55.920 --> 00:22:58.037 have a pet miniature woolly mammoth. 00:22:58.120 --> 00:23:02.197 That'd be pretty epic. Okay. I'll I'll put a word in with you 00:23:02.280 --> 00:23:03.947 for you with uh with with Ben. 00:23:04.030 --> 00:23:05.957 >> [laughter] >> They're very adorable. Little things 00:23:06.040 --> 00:23:09.957 just running around trumpeting away and it's like look at this this >> [laughter] 00:23:10.040 --> 00:23:11.637 >> would be a great little pet. 00:23:11.720 --> 00:23:17.077 Amazing. And also I can somebody please do Jurassic Park in real life? 00:23:17.160 --> 00:23:20.797 I'd definitely go out even if there was some risk of death. 00:23:20.880 --> 00:23:24.637 That'd be super cool. I think if anybody's going to do that 00:23:24.720 --> 00:23:29.637 it's it's Ben Lam in Colossal. He's re- he's engineering living life products. 00:23:29.720 --> 00:23:35.517 Someone asked him recently if he can make a Pikachu and he said probably. I think 00:23:35.600 --> 00:23:38.160 Yeah. 00:23:38.600 --> 00:23:42.597 Well, Jurassic Jurassic World or whatever that would be great. All right, 00:23:42.680 --> 00:23:46.397 I'll ask him. Elon, so grateful for you coming and 00:23:46.480 --> 00:23:50.437 joining us and sharing. Thank you my Thank you my friend. Let's give it up 00:23:50.520 --> 00:23:53.480 for Elon Musk. 00:23:54.400 --> 00:23:58.317 I have the power. Nothing's going to stop us. 00:23:58.400 --> 00:24:00.420 >> [music] 00:24:03.520 --> 00:24:06.160 >> You have the power.