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With Tesla, we wanted to make
electric cars compelling

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and affordable. That was the goal.

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Um The uh you know, with respect to

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humanoid robotics, there are no useful
humanoid robotic robots at this point.

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Um there are sort of gimmicks, but there
are not there are no actually useful

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humanoid robots. Um and I think Tesla's
going to make the first actually useful

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humanoid robots.
Um and this will be quite a revolution

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and I think something that will that
everyone will want. Uh because I was

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thinking like who who wouldn't want
their own personal C-3PO R2-D2? Oh,

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yeah. Of course. Everyone would want one.

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Right? And and then there
would be many in industry

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uh providing products and services. This
is why I say that humanoid robots will

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be the biggest industry
or the biggest product ever.

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Um bigger than cell
phones or anything else

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because everyone's going to want one.

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And uh or maybe more than more than
one and there'll be many in industry.

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Um I just want R2-D2 in C-3PO's body.

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Yeah. Very good. >> Um well,
to I mean a humanoid robot would

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be better than R2-D2 and C-3PO combined.

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Yeah. Times 10. Yeah. So, the

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it And and you know, people often talk

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about uh sort of eliminating poverty
and that kind of thing, but really the

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the how long have they been talking
about that? Um there's lots of talk uh

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you know, there's lots of NGOs sort of

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trying to do these things,
but but really not succeeding. Um and and

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you know, the evidence
speaks for itself. Uh but

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but but AI and humanoid robots
will actually eliminate poverty.

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And Tesla won't be the only one that
makes them. I think Tesla will pioneer

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this, but there will be be many other
companies that make humanoid robots. But

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there there is only basically one way
to uh make everyone wealthy and that is AI

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and robotics. If you say
like in the long term, where

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will things end up? Long term,
I don't know what long term is. Maybe it's

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10, 20 years, something like that.
For me, that's long term. Um

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my prediction is that
work will be optional.

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Optional? Optional. Um

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so We'll take that. Yeah.

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I mean, it it'll be like uh playing sports
or video game or something like that. Um

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if you want to work, uh you know, in the
same way like you can you can go to the

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store and just buy some
vegetables or you could grow

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vegetables in your backyard. It's
much harder to grow vegetables in your

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backyard, but some people still do
it because they like growing growing

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vegetables. Um that will be
what work is like, optional.

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Um and between now and then there's
actually a lot of work to get to that

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point. >> Mhm. Um

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I always recommend people read read Iain
Banks uh Culture books to get a sense

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for what a a probable
positive AI future is like.

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Um And interestingly,
in those books, money is no longer

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doesn't exist. It's kind of interesting.
And I I my guess is

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and and if you go out long enough,
assuming there's a continued improvement

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in AI and robotics,
which this seems likely,

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the money will will will stop being

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relevant at some point in the future.

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Um now there will still be constraints
on power like in it like electricity and

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mass. Uh the fundamental
physics elements will

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still be like still be constraints. Um

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but um I think at some point

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uh currency becomes irrelevant.