WEBVTT 00:00:00.000 --> 00:00:03.597 How long is the trip from Austin to here, by the way? 00:00:03.680 --> 00:00:06.677 I I think it's about eight eight or nine 00:00:06.760 --> 00:00:11.707 hours. Okay. So, you're fresh like having the first morning. Yeah, exactly. 00:00:11.790 --> 00:00:15.757 >> [laughter] >> So, first question is about demography and 00:00:15.840 --> 00:00:19.317 I spoke with you in the past about that and I think it's very important for you 00:00:19.400 --> 00:00:21.917 and you pointed on that a lot of your 00:00:22.000 --> 00:00:24.877 discussion and your purpose. Is it? 00:00:24.960 --> 00:00:27.597 Yeah, I I think you know, I really want to emphasize 00:00:27.680 --> 00:00:30.477 that it's important to have children and 00:00:30.560 --> 00:00:33.357 to create the new generation. 00:00:33.440 --> 00:00:36.637 And as simple as it sounds, if people do 00:00:36.720 --> 00:00:40.917 not have children, there is no new generation. 00:00:41.000 --> 00:00:43.940 So. >> [applause] 00:00:44.520 --> 00:00:48.557 >> Um. So, I I I very very much strongly 00:00:48.640 --> 00:00:52.197 recommend that um you know, I'm very much in favor of 00:00:52.280 --> 00:00:57.677 uh humanity expanding and creating a bright and exciting future for the 00:00:57.760 --> 00:00:59.837 world. And 00:00:59.920 --> 00:01:02.917 um but but but fundamental to the 00:01:03.000 --> 00:01:05.477 furtherance of human civilization is 00:01:05.560 --> 00:01:10.117 having humans. As as simple and basic as that sounds, 00:01:10.200 --> 00:01:14.437 um and you know, every year I look at the 00:01:14.520 --> 00:01:19.877 uh the birth rates and I'm like it's it's kind of a bit depressing because 00:01:19.960 --> 00:01:23.437 uh birth rates seem to decline every year. 00:01:23.520 --> 00:01:26.357 Um and I I think uh 00:01:26.440 --> 00:01:29.477 you know, that past my my biggest advice 00:01:29.560 --> 00:01:31.797 um to leaders, to government leaders and 00:01:31.880 --> 00:01:34.917 and and to to the people in general 00:01:35.000 --> 00:01:37.957 would would be to make sure to have 00:01:38.040 --> 00:01:41.277 children to create the new generation. 00:01:41.360 --> 00:01:43.277 Um and yeah, I think 00:01:43.360 --> 00:01:46.997 any any incentives that can be done to 00:01:47.080 --> 00:01:49.557 incent the new generation to make it 00:01:49.640 --> 00:01:52.437 easier uh for women to have children 00:01:52.520 --> 00:01:54.677 um and to support the children, I think 00:01:54.760 --> 00:01:56.917 would be a very wise. 00:01:57.000 --> 00:02:01.837 Um this is so fundamental uh and uh 00:02:01.920 --> 00:02:05.717 I really can't emphasize that enough. If if you if you don't 00:02:05.800 --> 00:02:07.637 have a new generation, 00:02:07.720 --> 00:02:10.317 there is no new generation. 00:02:10.400 --> 00:02:12.757 Um or with current birth rates, I think 00:02:12.840 --> 00:02:15.877 it may be the generations are are birth 00:02:15.960 --> 00:02:20.277 rates maybe half or half of the replacement rate. And what that means is 00:02:20.360 --> 00:02:25.277 in three generations, the population will be one roughly 00:02:25.360 --> 00:02:29.397 roughly 1/10 of its current size. 00:02:29.480 --> 00:02:32.997 In three generations, maybe four generations, the you'll have the 00:02:33.080 --> 00:02:35.677 population be 1/10 of its current size. 00:02:35.760 --> 00:02:38.877 So, I I I I always um 00:02:38.960 --> 00:02:43.557 want to emphasize this point because it is so basic and fundamental that if if 00:02:43.640 --> 00:02:45.237 if there's not at least a birth rate 00:02:45.320 --> 00:02:48.557 which is keeping population constant, 00:02:48.640 --> 00:02:51.437 then uh the 00:02:51.520 --> 00:02:54.837 a people will will will disappear. 00:02:54.920 --> 00:02:57.717 Um Disappear means to must disappear. 00:02:57.800 --> 00:03:01.477 >> Disappear. We have a lot of immigration. Somebody 00:03:01.560 --> 00:03:05.237 says that immigration is important for that reason. What What's your point on 00:03:05.320 --> 00:03:08.717 that? Immigration is coming in Europe and is coming in 00:03:08.800 --> 00:03:11.557 America from the south of America and then Europe from the south of 00:03:11.640 --> 00:03:14.597 Mediterranean Sea. What do you think about that? 00:03:14.680 --> 00:03:17.477 Well, I I think you one can't depend on 00:03:17.560 --> 00:03:19.717 other countries for immigration. 00:03:19.800 --> 00:03:24.397 And in fact, if you look at say the the population worldwide 00:03:24.480 --> 00:03:28.237 and this is almost everywhere in the world and it seems to be a function of 00:03:28.320 --> 00:03:31.717 how once a country industrializes, once a 00:03:31.800 --> 00:03:34.637 country urbanizes, the population 00:03:34.720 --> 00:03:36.837 immediately starts to decline. 00:03:36.920 --> 00:03:41.397 Um so, one could say for example, 00:03:41.480 --> 00:03:44.797 um like like China could not possibly solve 00:03:44.880 --> 00:03:48.917 uh its population with immigration because if 00:03:49.000 --> 00:03:53.877 you you know, China's currently tracking to be maybe lose 40% of its population 00:03:53.960 --> 00:03:58.637 every generation. You know, that would be 700 million 800 00:03:58.720 --> 00:04:03.317 million people. Um or 700 roughly seven 6 700 million 00:04:03.400 --> 00:04:06.877 people. It's a lot basically. You'd have to have the entire United States 00:04:06.960 --> 00:04:11.877 immigrate there twice every generation to simply maintain numbers just for China. 00:04:11.960 --> 00:04:16.877 So, immigration the simply aren't enough numbers in immigration. 00:04:16.960 --> 00:04:20.917 Um and I I think I think there is value to 00:04:21.000 --> 00:04:24.357 to a culture uh you know, and we don't want cultures. 00:04:24.440 --> 00:04:27.837 We don't want Japan to disappear. We don't want Italy as a culture to 00:04:27.920 --> 00:04:31.157 disappear. We don't want France as a culture to disappear. I think we have to 00:04:31.240 --> 00:04:33.837 have the maintain this sort of 00:04:33.920 --> 00:04:37.077 reasonable cultural identity of the 00:04:37.160 --> 00:04:39.717 various countries. Um or they simply 00:04:39.800 --> 00:04:41.837 will not be those countries. 00:04:41.920 --> 00:04:45.117 Um you know, Italy is 00:04:45.200 --> 00:04:47.397 Italy is the people of Italy. The 00:04:47.480 --> 00:04:50.437 buildings are there, but but really what 00:04:50.520 --> 00:04:54.640 is Italy? Italy is the people of Italy. 00:04:54.750 --> 00:04:56.770 >> [applause] 00:05:01.240 --> 00:05:05.357 >> So, I I mean I I just think it's a 00:05:05.440 --> 00:05:09.517 and and and I I speak as someone who is very much um 00:05:09.600 --> 00:05:12.837 very much an I'm an environ- environmentalist. 00:05:12.920 --> 00:05:14.877 I I believe in having you know, building 00:05:14.960 --> 00:05:20.317 a sustainable future for the world. Um I think that there are very few people who 00:05:20.400 --> 00:05:24.397 who as as an individual who've done more than than I have for to help the 00:05:24.480 --> 00:05:29.637 environment with electric cars and solar and and batteries to create a 00:05:29.720 --> 00:05:32.677 sustainable energy future because we absolutely need a sustainable energy 00:05:32.760 --> 00:05:38.690 future. Um But >> [laughter] 00:05:38.800 --> 00:05:43.557 >> But but but there is an aspect of the environmental movement that I think has 00:05:43.640 --> 00:05:48.877 gone too far. Um Really said from you. Yes. So, said 00:05:48.960 --> 00:05:53.317 for me, you know, I think I am objectively one of the world's 00:05:53.400 --> 00:05:56.557 leading environmentalists in terms of doing things. Not talk. 00:05:56.640 --> 00:05:59.757 >> I I mean an environ- environmentalist who does things. I I've talked of 00:05:59.840 --> 00:06:04.097 action, not talk. I act. Um 00:06:04.180 --> 00:06:09.157 >> [applause] >> So, so I feel I can say as 00:06:09.240 --> 00:06:12.317 uh as an environmentalist that the environmentalist movement has gone too 00:06:12.400 --> 00:06:17.077 far. Um and in that if if you in the natural extension of 00:06:17.160 --> 00:06:20.837 the environmentalist movement, if you go too far, you start to look at humanity 00:06:20.920 --> 00:06:25.117 as a bad thing. You start to look at humanity as though 00:06:25.200 --> 00:06:27.917 we are a plague on the surface of the earth. 00:06:28.000 --> 00:06:30.397 Um as though humanity is a bad thing. 00:06:30.480 --> 00:06:35.917 And in fact, there are some people who think and and say explicitly that in 00:06:36.000 --> 00:06:38.997 fact, there was on the front page of the New York Times, there was a guy who said 00:06:39.080 --> 00:06:40.757 there are 8 billion people on earth, it 00:06:40.840 --> 00:06:43.237 would be better if there were none. 00:06:43.320 --> 00:06:46.917 Which is crazy. Definitely. Um So, 00:06:47.000 --> 00:06:51.637 >> me a joke about the You told me once a joke about the cows and the problem with 00:06:51.720 --> 00:06:55.157 the cows. You remember that? Oh, yeah, don't worry about the cows. The cows are 00:06:55.240 --> 00:06:57.157 fine. Cows are not going to destroy the 00:06:57.240 --> 00:07:00.397 environment. Cows are fine. Yeah. Uh 00:07:00.480 --> 00:07:04.957 yes. You know, we have a lot of a lot of laws, European laws again- 00:07:05.040 --> 00:07:07.517 against all the people who works with them. You 00:07:07.600 --> 00:07:11.397 know, that is a big issue for us because it seems very very 00:07:11.480 --> 00:07:14.797 green issue, but it's a very industrial issue for us. 00:07:14.880 --> 00:07:17.517 Yeah, I think farming and cows are not 00:07:17.600 --> 00:07:19.997 do not have a any meaningful effect on 00:07:20.080 --> 00:07:23.357 the environment. Yes, underline, please. 00:07:23.440 --> 00:07:26.357 I I yes. Objectively, this is true. 00:07:26.440 --> 00:07:30.357 So, so the If you say like there's there's really 00:07:30.440 --> 00:07:34.237 only one thing that matters from an environmental standpoint uh for carbon, 00:07:34.320 --> 00:07:38.997 which is that we are taking uh billions, eventually trillions of tons of carbon 00:07:39.080 --> 00:07:42.997 from very deep within under the earth and putting transferring it to the 00:07:43.080 --> 00:07:47.837 atmosphere and oceans. That's the That's actually really all that matters is is 00:07:47.920 --> 00:07:51.717 taking um vast amounts of carbon from underground 00:07:51.800 --> 00:07:56.117 where it's buried and moving it into the atmosphere by burning it. 00:07:56.200 --> 00:07:58.277 Um and if you do that for long enough, 00:07:58.360 --> 00:08:01.077 eventually you will get climate change. 00:08:01.160 --> 00:08:05.077 Now, I think the climate change alarm is a little somewhat 00:08:05.160 --> 00:08:08.357 uh overblown in the short term. It's still 00:08:08.440 --> 00:08:12.277 a concern in the long term, but I think it's exaggerated in the short term. 00:08:12.360 --> 00:08:16.957 Great. Um Now, now so I have to I'm trying to 00:08:17.040 --> 00:08:21.357 thread the the needle here between what you know, 00:08:21.440 --> 00:08:24.877 like what is pragmatic and what is sensible. What really matters and what 00:08:24.960 --> 00:08:28.357 doesn't matter. What really matters is that over the long term, over the course 00:08:28.440 --> 00:08:32.717 of the next uh several decades, that we gradually 00:08:32.800 --> 00:08:34.957 reduce how how many 00:08:35.040 --> 00:08:37.357 millions and billions of tons of of 00:08:37.440 --> 00:08:42.517 carbon that we move from underground and to the atmosphere because we're running 00:08:42.600 --> 00:08:45.637 sort of a climate experiment that is dangerous. 00:08:45.720 --> 00:08:48.837 Um but but I also don't think that I think of 00:08:48.920 --> 00:08:53.797 it as a a fundamental civilizational risk. It it is it's not going to destroy 00:08:53.880 --> 00:08:55.197 life on earth. It's not going to destroy 00:08:55.280 --> 00:08:57.917 humanity, but it will it will create uh 00:08:58.000 --> 00:09:02.557 hardship if you change the climate um 00:09:02.640 --> 00:09:07.437 over many decades. So, it's it's it's I I I think my my my message is like I 00:09:07.520 --> 00:09:08.957 think much more pragmatic and and I 00:09:09.040 --> 00:09:12.757 think I think correct and sensible. Um 00:09:12.840 --> 00:09:18.077 And I I and I don't think we should uh demonize oil and gas. I think we should 00:09:18.160 --> 00:09:22.717 we should uh say look, that is obviously necessary in the short term um and the 00:09:22.800 --> 00:09:26.197 medium term, too. And it will be take several decades to become sustainable. 00:09:26.280 --> 00:09:28.837 So, I think if we just without getting 00:09:28.920 --> 00:09:31.877 too worried about it, uh seek to have a 00:09:31.960 --> 00:09:35.477 sustainable energy future um gradually, 00:09:35.560 --> 00:09:38.837 then that's what will happen. Um and so, 00:09:38.920 --> 00:09:43.197 but but I think that some of the environmentalist movement has is is part 00:09:43.280 --> 00:09:46.677 of what is causing people to lose hope in the 00:09:46.760 --> 00:09:50.517 future. So, I guess what I'm trying to say is that we should have hope in the 00:09:50.600 --> 00:09:54.317 future. We should be excited about the future and we should build the future we 00:09:54.400 --> 00:09:56.637 want. >> [applause] 00:09:56.720 --> 00:10:01.757 >> What about um Elon? You call it um 00:10:01.840 --> 00:10:05.597 the woke mind. Yes, it's your it's the name you 00:10:05.680 --> 00:10:09.077 gave to that that illness. Woke mind 00:10:09.160 --> 00:10:12.197 uh illness. What's that virus? 00:10:12.280 --> 00:10:16.677 Yeah, so so It's coming to Europe. I have to advise you, huh? 00:10:16.760 --> 00:10:20.357 Yes, well, this is not something you should import from America. Please don't 00:10:20.440 --> 00:10:22.827 import the woke mind virus. It's bad. 00:10:22.910 --> 00:10:28.237 >> [laughter] >> Um so the the I mean essentially 00:10:28.320 --> 00:10:30.917 that it's to summarize maybe the woke mind 00:10:31.000 --> 00:10:35.597 virus. It consists of creating very very divisive 00:10:35.680 --> 00:10:38.597 um identity politics. So, it actually 00:10:38.680 --> 00:10:41.357 amplifies woke virus mind virus in my 00:10:41.440 --> 00:10:44.637 view amplifies racism, amplifies uh 00:10:44.720 --> 00:10:47.157 frankly sexism, and all the isms. And 00:10:47.240 --> 00:10:52.237 what while claiming to do the opposite it it actually divides people and makes 00:10:52.320 --> 00:10:55.277 them uh sort of hate each other, and it makes 00:10:55.360 --> 00:11:00.397 people hate themselves. Um and it's also anti-meritocratic. It's 00:11:00.480 --> 00:11:05.117 not like um you know, it's not merit-based. So, 00:11:05.200 --> 00:11:07.357 you want you want to have people succeed 00:11:07.440 --> 00:11:09.957 based on how hard they work and the 00:11:10.040 --> 00:11:12.517 talents, not who they are, whether 00:11:12.600 --> 00:11:14.797 they're man, woman, what what what race 00:11:14.880 --> 00:11:17.077 or you know, gender what it That That 00:11:17.160 --> 00:11:20.277 stuff is all creating it's an artificial 00:11:20.360 --> 00:11:24.357 uh you know, mental civil war that is 00:11:24.440 --> 00:11:29.237 created. Um and it's not And And let me tell you it's no fun, 00:11:29.320 --> 00:11:33.517 okay? No fun at It is like it is like 00:11:33.600 --> 00:11:36.957 woke mind virus and fun are incompatible. 00:11:37.040 --> 00:11:41.427 There's no fun in that. No joy. 00:11:41.510 --> 00:11:44.477 >> [applause] >> It's It's It It woke mind virus is all 00:11:44.560 --> 00:11:48.717 about condemning people instead of celebrating people. Um 00:11:48.800 --> 00:11:51.037 you know, like when in the woke It It 00:11:51.120 --> 00:11:55.757 just doesn't celebrate. It's all about condemning and being divisive and and 00:11:55.840 --> 00:11:59.917 being uh just I think it's just evil, frankly. 00:12:00.000 --> 00:12:07.000 Really? Yeah. Yeah, it's bad. So bad. Yeah. 00:12:07.360 --> 00:12:08.997 But have you get a lot of problems 00:12:09.080 --> 00:12:12.397 saying so on on your social and ex or 00:12:12.480 --> 00:12:15.077 have this point of view? You are 00:12:15.160 --> 00:12:19.677 good friend of Obama administration, and now they don't really like you so much 00:12:19.760 --> 00:12:21.997 for for this kind of speech you do in in 00:12:22.080 --> 00:12:24.837 public or not? 00:12:24.920 --> 00:12:29.557 I don't know. I I mean I I I just um I'm very I'm very pro-human. I'm very 00:12:29.640 --> 00:12:34.957 pro-civilization. I'm in favor of uh humanity um 00:12:35.040 --> 00:12:36.557 and and our collective consciousness 00:12:36.640 --> 00:12:40.197 expanding um on Earth and going beyond 00:12:40.280 --> 00:12:42.437 Earth uh being a multi-planet species, a 00:12:42.520 --> 00:12:44.557 space-faring civilization, and being out 00:12:44.640 --> 00:12:47.357 there among the stars, and finding out 00:12:47.440 --> 00:12:52.357 the nature of the universe. Like all the things that, you know, it's That seems 00:12:52.440 --> 00:12:54.277 like to me an an you know, exciting 00:12:54.360 --> 00:12:59.637 thing somebody can get really excited about. Is Is you can get excited like we 00:12:59.720 --> 00:13:03.957 want to have ideas that make you look forward to 00:13:04.040 --> 00:13:08.317 waking up in the morning, look forward to the day, look forward to the future. 00:13:08.400 --> 00:13:12.477 And I you know, so you have to say 00:13:12.560 --> 00:13:13.997 what 00:13:14.080 --> 00:13:16.637 What excites you about the future? 00:13:16.720 --> 00:13:20.037 What moves your heart about the future? 00:13:20.120 --> 00:13:24.237 What makes you say like, "Yes, I'm glad about what will happen in the 00:13:24.320 --> 00:13:29.277 future." That's what we must you know, focus on. And that's That's 00:13:29.360 --> 00:13:33.517 why we have to have a new generation we've got to build and we got to grow. 00:13:33.600 --> 00:13:37.997 And and uh like I said, we understand this understand the 00:13:38.080 --> 00:13:41.957 the the the nature of this beautiful universe that we find ourselves in 00:13:42.040 --> 00:13:46.717 and the meaning of life or even what questions to ask about you know, the 00:13:46.800 --> 00:13:48.997 meaning of life. Um 00:13:49.080 --> 00:13:50.957 let us explore this wondrous creation 00:13:51.040 --> 00:13:55.237 and and have a good time doing it. Yeah. 00:13:55.320 --> 00:13:59.437 That's my philosophy. >> [laughter] >> Let me Let me go back for a little 00:13:59.520 --> 00:14:03.877 because I want to ask you about your perception of Europe as a building, not 00:14:03.960 --> 00:14:08.237 as as people because Europe do a lot of laws, want a lot of integration of 00:14:08.320 --> 00:14:12.917 cultures, different cultures, and has different approach to the immigration. 00:14:13.000 --> 00:14:16.957 We heard Meloni did a lot on that with the 00:14:17.040 --> 00:14:21.037 Premier Rama I see in the first line of Albania. What do you think about the 00:14:21.120 --> 00:14:25.597 this approach of Europe approach as building, I would say as an established 00:14:25.680 --> 00:14:27.677 building. 00:14:27.760 --> 00:14:29.637 Well, I I should say like on the To be 00:14:29.720 --> 00:14:33.037 clear on on immigration overall, I'm I'm 00:14:33.120 --> 00:14:35.237 very much in favor of legal immigration. 00:14:35.320 --> 00:14:38.597 I think that um generally I think we 00:14:38.680 --> 00:14:43.877 should one should welcome to a country anyone who is willing to work hard 00:14:43.960 --> 00:14:48.517 and is honest, you know, has high integrity, and will add to, you know, 00:14:48.600 --> 00:14:52.437 any given country. If somebody is an asset to the country, why not have them 00:14:52.520 --> 00:14:54.477 join? That's obviously a great thing to 00:14:54.560 --> 00:14:57.317 do. Um so, I think it it's good actually 00:14:57.400 --> 00:15:00.357 to have an increase in legal 00:15:00.440 --> 00:15:03.277 immigration. And And a simple Legal with 00:15:03.360 --> 00:15:09.077 paper, with uh Yeah, just some some approval process. Should um with a 00:15:09.160 --> 00:15:11.717 simple requirement that look, if somebody is 00:15:11.800 --> 00:15:15.197 going to add to a country um like just 00:15:15.280 --> 00:15:17.557 really hard working and high high 00:15:17.640 --> 00:15:19.917 integrity let them in. I think that's 00:15:20.000 --> 00:15:23.037 great. Um but if there's if it's illegal 00:15:23.120 --> 00:15:25.557 immigration and there's no filter, well, 00:15:25.640 --> 00:15:30.317 how do you know who's coming? You don't know. So, you you have to have some 00:15:30.400 --> 00:15:33.877 you know, uh basis for saying somebody should come in 00:15:33.960 --> 00:15:37.357 or not come in. And And And And And my argument is like it should be a very 00:15:37.440 --> 00:15:39.837 simple basis. Uh will they Will they add 00:15:39.920 --> 00:15:41.877 to the country? Will they be a 00:15:41.960 --> 00:15:45.997 productive part of the economy? And um 00:15:46.080 --> 00:15:51.037 do they admire the culture? Do they want to join because of the culture? Uh then 00:15:51.120 --> 00:15:55.357 that's great. Um but if you know, if if there's no 00:15:55.440 --> 00:15:59.717 process for that, then you don't know. I think, you know, at least some number of 00:15:59.800 --> 00:16:04.357 the people that come in will will not be necessarily uh And And I want to be 00:16:04.440 --> 00:16:07.637 careful because my words will be misconstrued. Yeah. I'm not saying all 00:16:07.720 --> 00:16:10.557 illegal immigrants are are are bad. I 00:16:10.640 --> 00:16:14.677 think probably perhaps most of them are good. But But 00:16:14.760 --> 00:16:16.637 there will be some if there's no process 00:16:16.720 --> 00:16:19.597 for reviewing not at all, 00:16:19.680 --> 00:16:24.317 then how can you say that everyone who is an illegal immigrant is is going to 00:16:24.400 --> 00:16:29.560 be honest and hard working? You can't say that cuz you simply don't know. 00:16:29.760 --> 00:16:33.517 Um so 00:16:33.600 --> 00:16:37.717 So, I want to be clear top line, pro-immigration, but but let's increase 00:16:37.800 --> 00:16:41.117 legal immigration, but but we should stop illegal immigration. I think this 00:16:41.200 --> 00:16:44.757 is just logical. >> [applause] >> You 00:16:44.840 --> 00:16:48.397 You have a lot of company. That's all right. You can drink because 00:16:48.480 --> 00:16:50.037 I want to do the list of the companies. 00:16:50.120 --> 00:16:51.877 You have 5-7 minutes to do that. I mean, 00:16:51.960 --> 00:16:54.877 I'm joking with SpaceX X 00:16:54.960 --> 00:16:58.917 Neuralink So many X's. Huh? Uh I All the 00:16:59.000 --> 00:17:01.877 X's. Guess what my favorite letter is. 00:17:01.960 --> 00:17:04.677 Okay. [laughter] X, I guess. 00:17:04.760 --> 00:17:07.437 Is a good place to invest Italy? Is a 00:17:07.520 --> 00:17:11.997 good place place to invest some of I mean, not your money, but you have 00:17:12.080 --> 00:17:16.037 some investment from your company of the American companies of the I would say 00:17:16.120 --> 00:17:18.517 competitive companies in this place. 00:17:18.600 --> 00:17:22.197 What's your opinion? No, I I I mean, I think Italy is uh an 00:17:22.280 --> 00:17:24.757 incredible country, incredible culture. 00:17:24.840 --> 00:17:29.237 I love I love visiting. I love the Italian people. I think you guys are amazing. 00:17:29.320 --> 00:17:36.160 Thanks. >> [applause] >> So, Italia. 00:17:37.040 --> 00:17:39.997 So, um 00:17:40.080 --> 00:17:44.037 So, I I I I want I I you know, personally I want I want the Actually, I 00:17:44.120 --> 00:17:47.717 want the prosperity of Italy and I want the prosperity of every country. Um 00:17:47.800 --> 00:17:51.037 I want the prosperity of humanity as a whole. And And like I said, I want I had 00:17:51.120 --> 00:17:54.837 to ask to have an exciting uh future where we're we're fired up 00:17:54.920 --> 00:18:00.117 about what's going to happen and really excited. So, uh you know, I And And I 00:18:00.200 --> 00:18:05.157 think um it it you know, Italy is a great place to invest. It's a 00:18:05.240 --> 00:18:10.117 great uh you know, great country. Um >> [applause] 00:18:10.200 --> 00:18:14.317 >> And uh but but I I do want to emphasize that the the 00:18:14.400 --> 00:18:19.277 that I I do worry that about the the low birth rate. And you know, if if if a 00:18:19.360 --> 00:18:22.357 com- if a company is to invest in Italy, they're like, "Well, you have to say 00:18:22.440 --> 00:18:25.597 like, will there be enough people to work there?" 00:18:25.680 --> 00:18:29.517 You know, it's a simple question, you know, if if if if the workforce is 00:18:29.600 --> 00:18:34.117 declining, then if the workforce is declining, then 00:18:34.200 --> 00:18:38.517 then the then who will work at the company? It's simple. If there's no 00:18:38.600 --> 00:18:42.317 people, there's no people to work >> Yeah, but I mean, in 50 years to 60 00:18:42.400 --> 00:18:44.957 >> but I think it's even sooner than that, though, you know, if all the 00:18:45.040 --> 00:18:46.797 >> You're so worried about that. 00:18:46.880 --> 00:18:51.197 Is the problem. I I I I feel like a total Cassandra here um 00:18:51.280 --> 00:18:55.357 because like I seem to be worried about it much more than other people. Um 00:18:55.440 --> 00:18:59.597 but you know, there just uh needs to be people If you don't make 00:18:59.680 --> 00:19:03.797 a new generation of people, there is no new generation of people. 00:19:03.880 --> 00:19:08.757 So, that's it. I I know I'm I'm I'm being rep- 00:19:08.840 --> 00:19:12.237 you know, I'm being rep- rep- repetitive here. Um 00:19:12.320 --> 00:19:17.397 but um I'm just I'm just trying to state state facts, you know? 00:19:17.480 --> 00:19:21.637 So, and uh yeah. So, 00:19:21.720 --> 00:19:26.597 Is a good place to invest. I know I agree it's a good place to invest. Um 00:19:26.680 --> 00:19:32.357 and uh and and what a wonderful country. So, um 00:19:32.440 --> 00:19:34.997 please make more Italians is what I'm saying. 00:19:35.080 --> 00:19:37.100 >> [laughter] 00:19:37.560 --> 00:19:41.637 >> You said once that the internet is the 00:19:41.720 --> 00:19:46.237 is the system is the new I I I write down the the the your word, the nervous 00:19:46.320 --> 00:19:49.437 system of humanity. What's it? The essence. Yes. 00:19:49.520 --> 00:19:51.197 >> You said once to me. And what is 00:19:51.280 --> 00:19:53.517 artificial intelligence for you? 00:19:53.600 --> 00:19:58.197 Sorry, then? The intel- artificial If that is the nervous system, intelligence 00:19:58.280 --> 00:20:03.320 artificial intelligence, what's I mean, use another metaphor. 00:20:03.480 --> 00:20:08.800 Uh you asked me what do I think of artificial intelligence? Obviously. 00:20:10.280 --> 00:20:14.800 Well, you can think of artificial intelligence as um 00:20:15.520 --> 00:20:19.837 This is perhaps the the biggest inflection point in 00:20:19.920 --> 00:20:23.277 intelligence since Homo sapiens. 00:20:23.360 --> 00:20:26.517 Um Yeah, yeah, yeah. 00:20:26.600 --> 00:20:28.837 Um 00:20:28.920 --> 00:20:33.557 Artificial intelligence is will be essentially a sort of a a new 00:20:33.640 --> 00:20:38.677 species or is a new species. Um So, I think one of the biggest 00:20:38.760 --> 00:20:40.357 challenges if you if if I look at say 00:20:40.440 --> 00:20:43.597 civilizational risk um 00:20:43.680 --> 00:20:48.677 you know, the the risk to the future of humanity um 00:20:48.760 --> 00:20:52.597 you know, birth rate is one of them if we just don't have kids and dwindle away. 00:20:52.680 --> 00:20:58.237 Um that's one which I've talked a lot about. The other is uh 00:20:58.320 --> 00:21:01.397 you know, there's always like potentially nuclear war, of course, that 00:21:01.480 --> 00:21:03.117 kind of thing. Um 00:21:03.200 --> 00:21:06.717 The then AI is also an existential risk. 00:21:06.800 --> 00:21:10.917 And we need to be um I think we need to be careful with the 00:21:11.000 --> 00:21:15.120 advent of AI. Um 00:21:15.400 --> 00:21:18.797 It it it but it is very much it's a it's a very much a double-edged sword. You 00:21:18.880 --> 00:21:21.837 can think of AI as kind of like the magic genie. 00:21:21.920 --> 00:21:25.397 You know, that like digital super intelligence will be 00:21:25.480 --> 00:21:27.877 capable of doing anything. 00:21:27.960 --> 00:21:30.357 Anything? Pretty much anything. 00:21:30.440 --> 00:21:34.120 >> But he doesn't have any consciousness. 00:21:34.400 --> 00:21:39.237 I'm I'm wondering about that. I mean, there is a whole question of like what 00:21:39.320 --> 00:21:44.637 is consciousness? In fact, so here's like a I was I thought a lot about what is 00:21:44.720 --> 00:21:47.477 consciousness and where does consciousness arise? 00:21:47.560 --> 00:21:50.757 Um you know, just to say like 00:21:50.840 --> 00:21:55.437 because I I think in terms of physics, you know, um 00:21:55.520 --> 00:21:59.877 And it it at least if physics is true, then we go from 00:21:59.960 --> 00:22:04.837 a start of the universe where things are almost entirely hydrogen. And then if 00:22:04.920 --> 00:22:09.317 you leave the hydrogen out in the long enough, eventually it coalesces into 00:22:09.400 --> 00:22:12.757 stars. And then those stars explode. 00:22:12.840 --> 00:22:15.717 And then they re- recondense. 00:22:15.800 --> 00:22:18.997 Um you know, and so so like 00:22:19.080 --> 00:22:23.317 most of the mass in your body is was once at the center of a star. 00:22:23.400 --> 00:22:26.837 Which is kind of wild, billions of years ago. 00:22:26.920 --> 00:22:31.477 And so so where where along the lines of of 00:22:31.560 --> 00:22:33.117 hydrogen 00:22:33.200 --> 00:22:37.277 to human does consciousness arise? 00:22:37.360 --> 00:22:40.437 You get very serious when you speak about that, huh? Yeah, it's a real 00:22:40.520 --> 00:22:43.677 question. If you leave hydrogen out in the sun long enough, 00:22:43.760 --> 00:22:45.757 it it starts talking to itself. 00:22:45.840 --> 00:22:47.517 Here we are, hydrogen talking to itself. 00:22:47.600 --> 00:22:51.317 How to deal with that? So, if it is so important, how is to deal? I 00:22:51.400 --> 00:22:55.557 mean, right laws 00:22:55.640 --> 00:22:59.397 person behave How how to deal with that artificial intelligence? This is a 00:22:59.480 --> 00:23:01.957 process, I mean I think we need to keep 00:23:02.040 --> 00:23:04.637 a close eye on artificial intelligence. 00:23:04.720 --> 00:23:08.797 Um I mean, I'm in favor of some regulatory 00:23:08.880 --> 00:23:11.757 insight just so that there's someone can at 00:23:11.840 --> 00:23:16.717 least um be a referee. Like if you think of any 00:23:16.800 --> 00:23:19.637 game, like there's always a referee for a 00:23:19.720 --> 00:23:24.237 game. For for industries that affect the good 00:23:24.320 --> 00:23:27.397 of the people, there's are there are regulatory agencies that oversee those 00:23:27.480 --> 00:23:28.757 industries. 00:23:28.840 --> 00:23:32.117 Anything that's dangerous is overseen by 00:23:32.200 --> 00:23:34.597 uh some kind of referee or regulator. 00:23:34.680 --> 00:23:38.037 Um I think we should have the same thing for AI. 00:23:38.120 --> 00:23:42.397 Um just to to help 00:23:42.480 --> 00:23:46.517 ensure that it is beneficial. Um the 00:23:46.600 --> 00:23:51.237 the good part of AI is that we are headed for a future of abundance. 00:23:51.320 --> 00:23:55.437 Um so AI and robotics will 00:23:55.520 --> 00:23:59.117 mean that there are no shortage of goods and services. You there's there will be 00:23:59.200 --> 00:24:03.237 goods and services. If if you can think of it, you can have it, basically. 00:24:03.320 --> 00:24:08.117 So, this is a quite profound. Like I said, it's the 00:24:08.200 --> 00:24:12.797 magic genie. Um AI and AI and robotics will get you 00:24:12.880 --> 00:24:14.557 anything you want. 00:24:14.640 --> 00:24:18.237 Um now, usually in these sort of 00:24:18.320 --> 00:24:22.837 fairy tales about magic genies, it doesn't turn out so well. 00:24:22.920 --> 00:24:27.677 Um You have to be careful what you wish for, even if what you wish for are wishes. 00:24:27.760 --> 00:24:31.637 Um So, 00:24:31.720 --> 00:24:35.997 it's just something we should be cautious about. Okay. 00:24:36.080 --> 00:24:39.677 Um On the plus side, it will bring many 00:24:39.760 --> 00:24:41.877 benefits, like I said. It will 00:24:41.960 --> 00:24:45.077 it will usher in an age of abundance. 00:24:45.160 --> 00:24:49.077 Um The so the the positive scenario of AI 00:24:49.160 --> 00:24:53.917 is that there's an age of abundance and there's no shortage of goods and services. 00:24:54.000 --> 00:24:57.597 That any scarcity that is that exists will be only because we 00:24:57.680 --> 00:25:03.040 define it to be scarce. So, 00:25:03.640 --> 00:25:07.237 and it does seem to be somewhat of an inevitable thing 00:25:07.320 --> 00:25:10.960 uh AI. So, 00:25:11.320 --> 00:25:15.357 you know, there's that supposedly that that's a Chinese saying about 00:25:15.440 --> 00:25:17.597 uh may you live in interesting times. 00:25:17.680 --> 00:25:19.397 Well, I think we currently live in the 00:25:19.480 --> 00:25:21.717 most interesting of times in all of 00:25:21.800 --> 00:25:27.480 history, right now. Um 00:25:27.720 --> 00:25:31.157 So, anyway, so my recommendation on AI is I think we want some kind of 00:25:31.240 --> 00:25:34.557 regulatory oversight just to make sure um 00:25:34.640 --> 00:25:40.240 that it's beneficial AI. Great. We hope so. 00:25:41.560 --> 00:25:44.797 And what about what the governments like 00:25:44.880 --> 00:25:47.957 I mean, they are elected by people like 00:25:48.040 --> 00:25:52.437 Meloni and this government and the other government, they have any risks or what 00:25:52.520 --> 00:25:54.957 do you think about these um 00:25:55.040 --> 00:25:57.157 challenge for the for the executive of 00:25:57.240 --> 00:26:03.117 the nations about all these new process? 00:26:03.200 --> 00:26:05.387 Sorry, I'm not sure I understand the question. 00:26:05.470 --> 00:26:09.597 >> [clears throat] >> What's the risk for the government of 00:26:09.680 --> 00:26:12.437 this artificial intelligence? Are there any 00:26:12.520 --> 00:26:17.880 risks? I mean, the democracy is finished. 00:26:18.520 --> 00:26:21.917 Well, I think there's certainly a risk of artificial 00:26:22.000 --> 00:26:25.597 intelligence um affecting 00:26:25.680 --> 00:26:29.637 voting opinion, I think I suppose, and manipulating public opinion. 00:26:29.720 --> 00:26:34.077 Um So, I think there's there's some risk of yeah, 00:26:34.160 --> 00:26:39.837 AI um manipulating the public. 00:26:39.920 --> 00:26:42.237 I think that's part there's there's some risk of that. 00:26:42.320 --> 00:26:46.317 Um So, yeah, um 00:26:46.400 --> 00:26:49.797 Okay. You know, But I think prob- like like I 00:26:49.880 --> 00:26:55.437 said, 80% probable that AI is beneficial, 20% harmful, something like that. 00:26:55.520 --> 00:26:58.517 >> I am I'm always worried because you know, we 00:26:58.600 --> 00:27:03.157 have a new government just 2 years this government, almost 2 years. And we have 00:27:03.240 --> 00:27:06.877 a Europe for us is our artificial intelligence. It seems like artificial 00:27:06.960 --> 00:27:10.517 intelligence, but it's not very intelligent sometimes Europe. And so, 00:27:10.600 --> 00:27:14.117 I'm wondering what do you think about the government and about Europe? For us 00:27:14.200 --> 00:27:17.757 is so important the relation. I I understand artificial intelligence in 00:27:17.840 --> 00:27:21.957 the future, but in the present we have laws 00:27:22.040 --> 00:27:25.277 you know, constraints that comes from Europe. What 00:27:25.360 --> 00:27:28.197 do you think about that if you have any opinion on that? What do you think about 00:27:28.280 --> 00:27:31.677 about Italian government which is trying to have a 00:27:31.760 --> 00:27:34.157 position? I would say a position Meloni. 00:27:34.240 --> 00:27:37.077 I don't know if this more than a position. You want me to be more tough 00:27:37.160 --> 00:27:41.717 than a position? It's okay. What do you think? 00:27:41.800 --> 00:27:45.917 Is is good to have a position in Europe to be I mean 00:27:46.000 --> 00:27:48.117 I would say 00:27:48.200 --> 00:27:53.760 different from main course of European politics. 00:27:54.160 --> 00:27:56.117 Um you mean you mean like 00:27:56.200 --> 00:27:59.357 country decisions versus EU decisions or 00:27:59.440 --> 00:28:03.997 Decision about green, about the politics, immigration. 00:28:04.080 --> 00:28:06.077 Oh. 00:28:06.160 --> 00:28:08.037 I mean, I there's a separate question of 00:28:08.120 --> 00:28:11.557 like I think regulations in Europe um 00:28:11.640 --> 00:28:13.597 there are too many regulations. 00:28:13.680 --> 00:28:15.917 In in general, not I'm not speaking 00:28:16.000 --> 00:28:18.837 about specific case of AI. The I I think 00:28:18.920 --> 00:28:21.197 one could look at this as overall a 00:28:21.280 --> 00:28:24.797 fundamental function of 00:28:24.880 --> 00:28:27.197 of a stable civilization. The long- the 00:28:27.280 --> 00:28:30.437 longer that any given civilization is 00:28:30.520 --> 00:28:33.637 stable and does not have a big war, the 00:28:33.720 --> 00:28:37.717 more rules and regulations will accumulate over time. 00:28:37.800 --> 00:28:40.637 So, rules, regulations, laws, they are 00:28:40.720 --> 00:28:42.877 immortal. They never die. 00:28:42.960 --> 00:28:46.797 So, but people die. So, if every year 00:28:46.880 --> 00:28:51.277 um more and more rules, regulations, and laws are added, uh 00:28:51.360 --> 00:28:54.477 you you will eventually make everything illegal. 00:28:54.560 --> 00:28:56.517 Um and you can think of it sort of like 00:28:56.600 --> 00:28:58.477 Gulliver's Travels where 00:28:58.560 --> 00:29:01.917 Gulliver if if the nation is Gulliver 00:29:02.000 --> 00:29:06.277 is being tied down by one little regulatory string at a time. 00:29:06.360 --> 00:29:11.397 And eventually you have millions of strings. And then the giant can't move. 00:29:11.480 --> 00:29:15.237 And so, and like I think there needs to be 00:29:15.320 --> 00:29:18.197 something where we uh delete rules, 00:29:18.280 --> 00:29:22.957 regulations, and laws. Um cuz if we keep if we simply if all we 00:29:23.040 --> 00:29:27.277 do is add them, eventually we will be able to do nothing. 00:29:27.360 --> 00:29:30.277 Okay. Shall shall I shall I do some question 00:29:30.360 --> 00:29:33.597 about your companies? Because here there are all the young people, not only the 00:29:33.680 --> 00:29:36.117 young people from important important 00:29:36.200 --> 00:29:39.037 Italian party. And they most of them use 00:29:39.120 --> 00:29:43.037 the social network, they use X. And I I 00:29:43.120 --> 00:29:45.357 I saw in the past 00:29:45.440 --> 00:29:47.637 days that the CEO of Disney said, I 00:29:47.720 --> 00:29:50.317 don't want to invest any advertising on 00:29:50.400 --> 00:29:52.677 X and he's uh 00:29:52.760 --> 00:29:55.317 investing for example in the meta, in 00:29:55.400 --> 00:29:59.957 the Instagram and he said that there are problems of I don't know which kind of 00:30:00.040 --> 00:30:04.277 problem they find on X. Child exploitation on 00:30:04.360 --> 00:30:08.357 Instagram. Yeah, what what's what's going on and why why an important 00:30:08.440 --> 00:30:10.517 investor like Disney said something so 00:30:10.600 --> 00:30:14.117 tough on on X? What's going on there? 00:30:14.200 --> 00:30:17.717 Well, I think X will be will be fine um 00:30:17.800 --> 00:30:20.477 and um we are actually already seeing um 00:30:20.560 --> 00:30:23.637 advertisers return to to X. 00:30:23.720 --> 00:30:27.877 Um so I guess they were I don't know upset with something I said or something 00:30:27.960 --> 00:30:31.397 I don't know. Um but um 00:30:31.480 --> 00:30:35.077 they you know, advertisers I think 00:30:35.160 --> 00:30:36.397 are 00:30:36.480 --> 00:30:38.837 the brand advertisers are little they're 00:30:38.920 --> 00:30:42.117 always worried about their brand and um 00:30:42.200 --> 00:30:45.957 you know, maybe I think maybe a bit more than they should be um 00:30:46.040 --> 00:30:48.837 but I think it's a short-term issue. Um 00:30:48.920 --> 00:30:52.997 like I said the advertisers they sometimes get upset but 00:30:53.080 --> 00:30:57.637 then they usually calm down and they return to advertising. 00:30:57.720 --> 00:31:01.357 So um Come on, you know that there is a woke 00:31:01.440 --> 00:31:06.197 virus over there. Well, oh yes We have to say so I I don't want to answer for you. 00:31:06.280 --> 00:31:09.037 >> Yeah, yeah, no no, you're right. You're right. 00:31:09.120 --> 00:31:12.597 If we're going to fight the woke mind virus then the woke woke mind virus will 00:31:12.680 --> 00:31:14.957 fight back and unfortunately Disney is 00:31:15.040 --> 00:31:20.037 deeply infected with the woke mind virus. In fact, if you ask an AI what is 00:31:20.120 --> 00:31:25.480 the most woke company on Earth, it's Disney. 00:31:26.240 --> 00:31:30.197 You know. >> [applause] >> But 00:31:30.280 --> 00:31:33.397 and and you have to say what would I mean, I think they should be asking 00:31:33.480 --> 00:31:37.677 themselves what would Walt Disney think of Disney today? I think he's turning in 00:31:37.760 --> 00:31:40.037 his grave. 00:31:40.120 --> 00:31:44.917 I think he's not happy. Sure. Sure. You know, if if the namesake of the company 00:31:45.000 --> 00:31:47.917 is not happy, that's probably a bad sign, you know? Because Walt Disney what 00:31:48.000 --> 00:31:49.077 did he care about? He cared about 00:31:49.160 --> 00:31:51.237 bringing joy to people's lives. He put 00:31:51.320 --> 00:31:55.077 up you know um making wonderful things 00:31:55.160 --> 00:31:57.797 that children and families could enjoy 00:31:57.880 --> 00:32:00.277 um and you know, he was 00:32:00.360 --> 00:32:02.757 created some of the the coolest um 00:32:02.840 --> 00:32:05.877 uh you know, art in the world and stuff 00:32:05.960 --> 00:32:08.637 that even 100 years after it's created 00:32:08.720 --> 00:32:12.997 we still remember it and and still it's still a major thing. You have to say how 00:32:13.080 --> 00:32:15.397 great was Walt Disney? He was amazing. 00:32:15.480 --> 00:32:19.277 Um but now uh Disney at least for now is 00:32:19.360 --> 00:32:23.997 deeply infected with the woke mind virus. I think that will, you know 00:32:24.080 --> 00:32:26.957 that will change over time. >> Yeah, oh I hope so. Yeah, right but the 00:32:27.040 --> 00:32:30.917 European Commission they are not investing on X, you know that. 00:32:31.000 --> 00:32:35.157 Maybe they're a little they got the woke woke mind virus too. 00:32:35.240 --> 00:32:39.277 Yeah. You don't care. I I think so, you know? 00:32:39.360 --> 00:32:42.197 And and and and and it's like why are they importing this 00:32:42.280 --> 00:32:44.957 this crazy thing for America? You know, 00:32:45.040 --> 00:32:47.037 it's like it's it's just some 00:32:47.120 --> 00:32:50.517 thing that was created basically by 00:32:50.600 --> 00:32:56.077 sort of far left crazy people in US colleges and now it's spreading all over 00:32:56.160 --> 00:33:00.717 the world. Um and it's it's like you you know, like 00:33:00.800 --> 00:33:04.437 the thing is the woke mind virus it's it's not a message of joy. It's a it's a 00:33:04.520 --> 00:33:06.237 a message of division. Sure. 00:33:06.320 --> 00:33:11.760 >> It's not a message of love, it's a message of hate. And I was like 00:33:11.880 --> 00:33:14.917 and so >> [applause] 00:33:15.000 --> 00:33:20.117 >> I'm like I'm like it like you know, let's uh 00:33:20.200 --> 00:33:23.757 I don't know. I'm I'm I'm in favor of like let's have a future 00:33:23.840 --> 00:33:26.677 that's got more love, more light, more 00:33:26.760 --> 00:33:30.397 and let us build a fun, exciting future. 00:33:30.480 --> 00:33:33.557 And and and the woke mind virus is all about condemning one group and 00:33:33.640 --> 00:33:38.157 condemning this, condemning that. It's like and and and and it's also like just 00:33:38.240 --> 00:33:41.477 being like it just wants to scold you all the time 00:33:41.560 --> 00:33:44.677 and and treat you like a you know I don't know. 00:33:44.760 --> 00:33:46.517 Uh if you want to be scolded, you know? 00:33:46.600 --> 00:33:50.477 It's not fun. Um So anyway, 00:33:50.560 --> 00:33:53.757 um I think we want to you know 00:33:53.840 --> 00:33:56.517 have a I I like so I I I guess at its 00:33:56.600 --> 00:34:01.637 heart my concern is that the woke mind virus is anti-civilizational. 00:34:01.720 --> 00:34:04.397 Um and of civilization >> Anti-civilizational. 00:34:04.480 --> 00:34:08.677 >> I think civilization, sure. But if it represents a cost for your 00:34:08.760 --> 00:34:12.197 company, what's you know, you have a trade-off between the cost of your 00:34:12.280 --> 00:34:15.277 position and and the cost for the 00:34:15.360 --> 00:34:18.077 company. What's your choice and what how 00:34:18.160 --> 00:34:23.637 much is important in your behavior the the free speech standing? That's the 00:34:23.720 --> 00:34:27.797 question. >> I I I do think free speech is incredibly important because 00:34:27.880 --> 00:34:30.317 if people cannot speak their minds 00:34:30.400 --> 00:34:33.517 um and then we we won't have a 00:34:33.600 --> 00:34:39.567 democracy. Democracy is the foundation of democracy is freedom of speech. 00:34:39.650 --> 00:34:44.760 >> [applause] >> So But also saying something 00:34:47.510 --> 00:34:49.530 >> [applause] 00:34:51.120 --> 00:34:54.837 >> So Andrea Andrea Stroppa is is laughing 00:34:54.920 --> 00:34:58.077 at that because he knows that it's so important for you. But tell me more 00:34:58.160 --> 00:35:01.477 about the free speech because here is very important person here couldn't 00:35:01.560 --> 00:35:06.157 speak for a lot of people because they were considered maverick some worse than 00:35:06.240 --> 00:35:09.757 that. Free speech for everybody is important, not just for the person who 00:35:09.840 --> 00:35:12.917 say the right things. Exactly. No no, 00:35:13.000 --> 00:35:16.877 exactly. Free speech means that 00:35:16.960 --> 00:35:19.037 free free speech is only relevant free 00:35:19.120 --> 00:35:21.997 speech is only meaningful when if if you 00:35:22.080 --> 00:35:27.717 allow people you don't like to say things you don't like. 00:35:27.800 --> 00:35:32.037 So that's how you know it's working. 00:35:32.120 --> 00:35:33.757 Yeah, that's how you know it's working. 00:35:33.840 --> 00:35:37.237 Um because if if as 00:35:37.320 --> 00:35:41.477 once you start to censor uh people you don't like saying things 00:35:41.560 --> 00:35:45.997 you don't like it's only a matter of time before that censorship turns on 00:35:46.080 --> 00:35:50.757 you. Eventually you know, live by the sword, die by the 00:35:50.840 --> 00:35:53.997 sword. Live by censorship, die by censorship. 00:35:54.080 --> 00:35:58.317 Hey Giovanni, come funziona? No. 00:35:58.400 --> 00:36:02.557 Due minuti. Va beh, allora c'abbiamo due minuti. Eh ragazzi, qua viene 00:36:02.640 --> 00:36:05.997 Che cosa? Tutti fatevi un applauso a Elon. 00:36:06.080 --> 00:36:09.880 Andiamo, facciamogli altri paio di minuti, eh. 00:36:13.970 --> 00:36:15.990 >> [applause] 00:36:18.520 --> 00:36:22.797 >> Elon, why? Allora, you spoke about the free speech you bought Twitter for the 00:36:22.880 --> 00:36:26.397 free speech. Due minuti, dai, due minuti, eh. Just for the free speech, 00:36:26.480 --> 00:36:30.437 not for the business inside. You bought the >> Oh yeah, yeah, yeah. 00:36:30.520 --> 00:36:33.997 Well, I mean here's the thing. So um 00:36:34.080 --> 00:36:35.797 you know, I think 00:36:35.880 --> 00:36:38.837 you have to say like if civilization is 00:36:38.920 --> 00:36:41.477 not strong, if civilization doesn't grow 00:36:41.560 --> 00:36:44.837 um then nothing else matters, you know? 00:36:44.920 --> 00:36:48.077 Profits don't matter if civilization collapses. 00:36:48.160 --> 00:36:51.597 There's there's no profits, there's no you know, you 00:36:51.680 --> 00:36:53.997 you we we are not 00:36:54.080 --> 00:36:57.117 we cannot exist absent civilization. 00:36:57.200 --> 00:36:59.797 So sometimes maybe people may say like, well 00:36:59.880 --> 00:37:03.757 is this an altruistic thing? I mean, I think it's for me it feels altruistic 00:37:03.840 --> 00:37:05.957 but even if it's even if one is not 00:37:06.040 --> 00:37:11.037 altruistic, even if one is very self-centered um 00:37:11.120 --> 00:37:14.957 you have to say if you simply think long-term, you have to be 00:37:15.040 --> 00:37:16.797 pro-civilization because you cannot 00:37:16.880 --> 00:37:20.037 exist without civilization. Okay? 00:37:20.120 --> 00:37:24.717 How how important from zero to 10 in the scale from zero to 10 money? You are the 00:37:24.800 --> 00:37:26.717 richest person in the world. How is 00:37:26.800 --> 00:37:29.757 important money for you from zero to 10? 00:37:29.840 --> 00:37:34.517 Zero is the less important and 10 is the is the good one. I don't want to One or 00:37:34.600 --> 00:37:36.837 two or something? >> Now, come on. 00:37:36.920 --> 00:37:40.597 No, I mean One or two? Just just one or 00:37:40.680 --> 00:37:43.917 >> Well, if you say like I mean 00:37:44.000 --> 00:37:48.837 the reason I guess I have what so-called wealth or it's really just shares in the 00:37:48.920 --> 00:37:52.157 company is that I've created these companies. You know, in these companies 00:37:52.240 --> 00:37:54.237 like SpaceX and Tesla 00:37:54.320 --> 00:37:57.597 Tesla is 140,000 jobs direct 00:37:57.680 --> 00:38:02.597 worldwide and like five times that number maybe maybe almost a million jobs 00:38:02.680 --> 00:38:04.037 when you look at the whole supply chain 00:38:04.120 --> 00:38:06.837 for is what Tesla has created. And then 00:38:06.920 --> 00:38:11.837 SpaceX is is about 15,000 people and 00:38:11.920 --> 00:38:14.717 also, you know, like maybe a full total 00:38:14.800 --> 00:38:19.277 supply chain 50,000 people. So, you know, I mean I basically 00:38:19.360 --> 00:38:22.117 with the help of many talented people built these 00:38:22.200 --> 00:38:26.517 companies. And then the the so-called these these wealth 00:38:26.600 --> 00:38:30.797 statistics simply they simply add up what the ownership is in the companies 00:38:30.880 --> 00:38:34.597 and say, okay, this is a certain amount of money. But I don't 00:38:34.680 --> 00:38:38.237 actually have that in money. I have it in stock. I just it's just it's just 00:38:38.320 --> 00:38:41.397 that the companies have succeeded. Um 00:38:41.480 --> 00:38:45.437 but How was the last the last launch of the SpaceX? That means something. That's 00:38:45.520 --> 00:38:48.317 my question, please. Giovanni, the last launch. I see my 00:38:48.400 --> 00:38:51.357 brother sitting on the floor. Why are you sitting on the floor? Are you 00:38:51.440 --> 00:38:57.160 worried about the highness? >> [laughter] >> Same here. 00:38:57.800 --> 00:39:00.637 How was the last launch? Was you were 00:39:00.720 --> 00:39:04.637 optimist about your SpaceX the big big 00:39:04.720 --> 00:39:08.117 Yeah, so well well Starship so the the 00:39:08.200 --> 00:39:12.077 the exciting thing about Starship is that it's the first rocket design that 00:39:12.160 --> 00:39:14.237 could make life multi-planetary. That 00:39:14.320 --> 00:39:17.197 could enable a self-sustaining 00:39:17.280 --> 00:39:20.317 base on the moon and a city on Mars. 00:39:20.400 --> 00:39:25.037 Um so because it is it's not just a very large 00:39:25.120 --> 00:39:30.837 vehicle but it is what designed for full and rapid reusability. Um so that would 00:39:30.920 --> 00:39:34.557 um lower the cost of access to space by I 00:39:34.640 --> 00:39:36.837 don't know, maybe a 100 or more. 00:39:36.920 --> 00:39:42.717 And so and basically it's it's It's rocket that is capable of 00:39:42.800 --> 00:39:45.797 um building a base on Mars and a base on 00:39:45.880 --> 00:39:50.037 the moon. Yes. That's That's That's Yeah. 00:39:50.120 --> 00:39:54.797 >> [applause] >> So, 00:39:54.880 --> 00:39:58.117 you know, you know, there's the the the 00:39:58.200 --> 00:40:00.117 the great Italian physicist, Enrico 00:40:00.200 --> 00:40:03.637 Fermi. I'm a I'm a big admirer of Fermi. 00:40:03.720 --> 00:40:06.957 And he had uh he was very good at asking profound 00:40:07.040 --> 00:40:09.997 questions. Um and one of his questions, 00:40:10.080 --> 00:40:14.517 which is called the Fermi paradox, is where are the aliens? 00:40:14.600 --> 00:40:18.237 And one of the explanations is that, and 00:40:18.320 --> 00:40:22.077 perhaps I think the one that I think is most appears to be most 00:40:22.160 --> 00:40:25.757 accurate, is that consciousness is extremely rare. 00:40:25.840 --> 00:40:31.077 That it's you know, we we People often ask me, have I Do I know about aliens or 00:40:31.160 --> 00:40:32.517 something like that, you know? 00:40:32.600 --> 00:40:36.477 Ask that a lot. Um and the crazy thing is that I've seen no 00:40:36.560 --> 00:40:39.277 evidence of aliens whatsoever. 00:40:39.360 --> 00:40:40.237 Um 00:40:40.320 --> 00:40:43.957 This This means that I think most likely 00:40:44.040 --> 00:40:48.517 at least in this part of the galaxy, um we are the only 00:40:48.600 --> 00:40:50.637 consciousness that exists. 00:40:50.720 --> 00:40:53.317 And so, you can think of 00:40:53.400 --> 00:40:55.997 human consciousness really as like a 00:40:56.080 --> 00:40:59.717 a tiny candle in a vast darkness. 00:40:59.800 --> 00:41:01.877 And we must do everything we can to 00:41:01.960 --> 00:41:05.277 ensure that the candle does not go out. 00:41:05.360 --> 00:41:07.677 That's great. We can finish with that. 00:41:07.760 --> 00:41:09.357 We can finish with that, Elon. 00:41:09.440 --> 00:41:11.677 Yeah. Okay. 00:41:11.760 --> 00:41:16.957 We can finish with this. Oh. And so, so 00:41:17.040 --> 00:41:21.077 um it's worth reading about the Fermi paradox and because people have thought 00:41:21.160 --> 00:41:25.557 very hard about this. Um cuz there are these cuz one of the 00:41:25.640 --> 00:41:30.477 things is like, well, maybe there are these great filters. And and so and and 00:41:30.560 --> 00:41:33.317 these civilizations don't pass these filters. 00:41:33.400 --> 00:41:38.877 One of the filters is um do we become a multi-planet species or 00:41:38.960 --> 00:41:43.837 not? If we do not become a multi-planet species, then eventually 00:41:43.920 --> 00:41:49.037 at some point, something will happen to the planet. Either it will be 00:41:49.120 --> 00:41:52.597 uh man-made or it will be uh 00:41:52.680 --> 00:41:56.677 something natural, like a a meteor, like whatever killed the dinosaurs, for 00:41:56.760 --> 00:42:00.077 example. So, and then eventually the sun will 00:42:00.160 --> 00:42:04.157 actually expand and will destroy all life on Earth. 00:42:04.240 --> 00:42:08.877 So, if one cares about life on Earth at all, we should care about becoming a 00:42:08.960 --> 00:42:12.677 multi-planet species and eventually going out there and 00:42:12.760 --> 00:42:17.197 becoming a multi-stellar species and having many star systems. You know, we 00:42:17.280 --> 00:42:19.357 we we want the exciting parts of science 00:42:19.440 --> 00:42:24.277 fiction to not be fiction forever. We want to make them real. 00:42:24.360 --> 00:42:29.600 And um yeah. Great. Oh. Thank