1 00:00:00,200 --> 00:00:05,280 Change of the world, and he's continuing to change all of us with wonderful 2 00:00:05,360 --> 00:00:09,039 vehicles. He has brought to us a space launch system which his efficient as 3 00:00:09,080 --> 00:00:14,560 nothing before. New people on the on the space from yours ground after the 4 00:00:14,599 --> 00:00:16,719 Space Shuttle, and I could go on far for an hour, but I 5 00:00:16,760 --> 00:00:22,519 don't do that. Welcome, big hands, you know a musk My good 6 00:00:23,480 --> 00:00:35,119 hetch how how are you? Ah? Good? Fantastic? We have we 7 00:00:35,200 --> 00:00:40,880 have we have two days of AI and SHANII and whatsever But you look real. 8 00:00:43,280 --> 00:00:49,439 My head is very big in the screen and in reality too. We 9 00:00:49,520 --> 00:00:53,719 haven't had so much talk about AI in these two days, so we need 10 00:00:53,759 --> 00:00:57,159 your opinion. What do you think about the next five to ten years on 11 00:00:57,240 --> 00:01:03,159 AI? Please give us a view Official Insemination Division Intelligence. What do you 12 00:01:03,200 --> 00:01:11,519 think about that? But try try, audience, and I'll say so yes. 13 00:01:11,640 --> 00:01:19,239 Artificial intelligence is is certainly going to profoundly change the world. One of 14 00:01:19,280 --> 00:01:27,280 the most significant ways is self driving. So we've been putting a lot of 15 00:01:27,319 --> 00:01:34,000 effort into self driving technology for cars. You don't see it quite as much 16 00:01:34,040 --> 00:01:40,040 in Europe because we first have to make it work in the US before we 17 00:01:40,760 --> 00:01:45,760 increase the complexity of trying to make it elsewhere in the world. But I 18 00:01:45,760 --> 00:01:49,079 think we're quite close to having the car be fully autonomous. So for example, 19 00:01:49,239 --> 00:01:53,799 like right now, I could I'm in Austin and if I want to 20 00:01:53,879 --> 00:01:56,799 try, say to the airport, the car could take me to the airport 21 00:01:56,799 --> 00:02:02,000 with no interventions, using or it's using our digital neural nets, in other 22 00:02:02,040 --> 00:02:07,719 words, artificial intelligence and cameras, so there's no light, our radar, 23 00:02:07,840 --> 00:02:14,360 nothing. And in fact, if you think about how humans strive cars, 24 00:02:14,439 --> 00:02:19,360 humans are biological neural nets, and we use eyes, so it's the eyes 25 00:02:19,520 --> 00:02:27,159 and but biological neural nets. The analog is digital. The analog for digital 26 00:02:27,840 --> 00:02:34,280 is cameras and digital neural nets. This is working remarkably well that it has 27 00:02:34,319 --> 00:02:38,080 been quite difficult to do this because TNS out that in order to use that. 28 00:02:38,240 --> 00:02:43,479 In order for this to work, the car has to really be quite 29 00:02:43,479 --> 00:02:46,800 fully intelligently as a subset, for example, has to learn how to read 30 00:02:46,840 --> 00:02:53,879 everything and and and how to assess intention among drivers and pedestrians. So it's 31 00:02:53,919 --> 00:03:00,759 it's it's you're not creating sort of a baby artificial general into legence to solve 32 00:03:00,800 --> 00:03:06,800 this. But this will obviously be extremely profound, and I'm talking about what 33 00:03:06,879 --> 00:03:09,719 a motive here. I'll get into the broader question in a minute, but 34 00:03:09,879 --> 00:03:17,039 the average use of a passenger vehicle is only about ten hours per week out 35 00:03:17,080 --> 00:03:21,319 of one hundred and sixty eight hours. At the point at which it is 36 00:03:21,520 --> 00:03:24,560 autonomous, that I think you would see probably a third of the hours being 37 00:03:24,639 --> 00:03:30,280 used because it would be like a taxi. So maybe my guess is like 38 00:03:30,360 --> 00:03:36,319 fifty to sixty hours, which means that the utility of a passenger vehicle would 39 00:03:36,360 --> 00:03:46,719 increase by a factor of five. And this is gigantic, but we'll see. 40 00:03:46,000 --> 00:03:51,479 So that that's the automotive. Then there's what people think. I have 41 00:03:51,599 --> 00:03:54,879 certainly experienced online where you can ask it a question and ask for an essay 42 00:03:55,080 --> 00:04:01,400 or a picture, or to understand a picture, and that is progressing rapidly. 43 00:04:01,680 --> 00:04:06,439 But what I'm seeing in terms of AI compute is I've never seen any 44 00:04:06,479 --> 00:04:15,400 technology advance faster than this. The the artificial intelligence compute coming online appears to 45 00:04:15,439 --> 00:04:23,040 be increasing by a factor of ten every six months like now. Obviously that 46 00:04:23,079 --> 00:04:27,959 cannot continue at such a high rate for forever or will exceed the mast of 47 00:04:28,000 --> 00:04:32,279 the universe. But I've never seen anything like it. And this is why 48 00:04:32,319 --> 00:04:40,839 you see in videos market cap being so gigantic because they currently have the best 49 00:04:41,000 --> 00:04:45,720 neural net chips. I mean, I think the in videos market cap exceed 50 00:04:45,800 --> 00:04:49,279 the GDP of Canada or something. Increasingly, Awa is quite high. So 51 00:04:50,040 --> 00:04:56,720 yeah, you know, and it may go higher. Who knows. The 52 00:04:57,439 --> 00:05:05,560 chip rush is bigger than any gold rush that has ever existed. So and 53 00:05:05,600 --> 00:05:09,800 then there will also be robots, like human humanoid robots, not not just 54 00:05:10,120 --> 00:05:14,279 industrial industrial industrial robots we are core familiar with. You use industrial robots, 55 00:05:14,319 --> 00:05:18,319 We use industrial robots. Everyone does, but they're very programmed explicitly and they 56 00:05:18,360 --> 00:05:25,879 don't walk around. But Tesla with for example, the Optimist program is making 57 00:05:25,920 --> 00:05:30,600 a humanoid robot that is capable of doing almost anything a human can do. 58 00:05:34,399 --> 00:05:36,879 I mean, I hope, I just hope the robots are nice to us. 59 00:05:38,079 --> 00:05:44,279 You know, we hope. So do you know that the robots will 60 00:05:44,360 --> 00:05:46,480 be nice to us? And maybe, let's say, in this regard, 61 00:05:46,600 --> 00:05:54,279 because you are working on optimals, what can we expect in terms of let's 62 00:05:54,279 --> 00:05:59,120 say, support, which is going to come Maybe also a little bit with 63 00:05:59,279 --> 00:06:05,639 regard to production, because in the past Connected World we were also discussing application 64 00:06:06,160 --> 00:06:15,560 of ai jen ai into production in order to boost productivity. Maybe a couple 65 00:06:15,560 --> 00:06:21,480 of thoughts on this one too. Well. The plus side of air is 66 00:06:21,480 --> 00:06:30,920 that I think productivity will increase dramatically so across every field, whether it be 67 00:06:30,120 --> 00:06:39,720 manual labor to supply chain logistics. There's already a lot of movement to use 68 00:06:41,120 --> 00:06:46,399 chat bots, like sophisticated chat bots for customer service, for example, where 69 00:06:46,399 --> 00:06:50,519 they can answer quite quite complex questions already. But I mean, I think 70 00:06:56,600 --> 00:07:00,720 we really are on the edge of one of the biggest technology revel that has 71 00:07:00,800 --> 00:07:05,360 ever existed. You know, there's supposedly a sort of a Chinese curse, 72 00:07:05,399 --> 00:07:10,399 may you live in interesting times? Well, we live in the most interesting 73 00:07:10,560 --> 00:07:15,800 of times, the most interesting And for a while there I was a little 74 00:07:15,800 --> 00:07:19,040 bit it's making me a bit a bit depressed, frankly, because I was 75 00:07:19,040 --> 00:07:23,879 like, well, will we be will they take over? Will we be 76 00:07:24,040 --> 00:07:29,519 useless? But then the way that I reconciled myself to this question was would 77 00:07:29,560 --> 00:07:33,319 I rather be alive to see AI apocalypse or not? I'm like, I 78 00:07:33,360 --> 00:07:46,160 guess I'd like to see it. You know, that's a good thought. 79 00:07:46,360 --> 00:07:49,560 To be more, that's a good thought because you mentioned it tenfold every six 80 00:07:49,639 --> 00:07:54,319 months that's an exponential curve, right, Exponential curves are beautiful, but there's 81 00:07:54,399 --> 00:07:57,160 kind of a question where does it ever end, right, do you see 82 00:07:57,399 --> 00:08:00,279 any and yet? Or would it go on for three four five years like 83 00:08:00,319 --> 00:08:03,199 this, because then we talk hundred folds right, thousand folds off time? 84 00:08:03,800 --> 00:08:07,439 Yeah, that's why obviously, Yeah, I mean you can't. You can't 85 00:08:07,680 --> 00:08:13,199 grow at that rate without quickly exceeding the mass of the universe. So clearly 86 00:08:13,879 --> 00:08:18,800 it's going to hit some constraints. The constraints that AI compute and very predictable. 87 00:08:18,800 --> 00:08:22,319 I've actually predicted this over a year ago. So over here a go 88 00:08:22,480 --> 00:08:28,920 the shortage was chips, neural net chips. Then it was very easy predict 89 00:08:28,000 --> 00:08:35,399 that the next shortage will be voltage step down transformers, So because you've got 90 00:08:35,440 --> 00:08:39,759 to feed the power to these things. So if you've got one hundred to 91 00:08:39,840 --> 00:08:43,240 three hundred killer bolts coming out of your utility and it's got to step all 92 00:08:43,279 --> 00:08:46,120 the way down to you know, point six bolts, there's a lot of 93 00:08:46,159 --> 00:08:50,559 stepping down. So now we're in step down. And this is my not 94 00:08:50,679 --> 00:08:56,840 that funny joke, which is that they need transformers to run transformers because you 95 00:08:56,879 --> 00:08:58,559 know, the AI is like, there's this thing called transformer in AI. 96 00:09:01,000 --> 00:09:05,840 It's neural I don't know, it's a combination of sort of neural nets, 97 00:09:07,240 --> 00:09:11,799 and they're running out of transformers. Run transformers. Then the next shortage will 98 00:09:11,799 --> 00:09:16,279 be electricity. So I think next year you'll see the electricity that they just 99 00:09:16,279 --> 00:09:20,759 can't find and electricity run all the chips. I mean, during the chip 100 00:09:20,799 --> 00:09:26,320 crisis, we certainly all did have many contacts. Fortunately we were able to 101 00:09:26,399 --> 00:09:30,840 master it together. Of course, we all would like to avoid a second 102 00:09:30,919 --> 00:09:35,480 chip crisis. But with regard to your to your comment on power demand, 103 00:09:37,279 --> 00:09:45,120 we all know today vehicles have three to four kilowatt power demand for the peripherals. 104 00:09:45,720 --> 00:09:50,360 But this is continuously going up, and Teslam has recently launched the cyber 105 00:09:50,399 --> 00:09:54,519 truck, which I believe is mostly coming with forty eight volt. Do you 106 00:09:54,639 --> 00:10:01,320 see this as a let's say, further disruption of automotive industry, another technology 107 00:10:01,639 --> 00:10:09,799 change with an automotive, Yeah, I think you know the one motive industry 108 00:10:09,840 --> 00:10:15,200 has been living with twelve volts for a very long time, a century roughly. 109 00:10:16,840 --> 00:10:20,759 I think it started off as six volts, and then they needed a 110 00:10:20,879 --> 00:10:26,840 more powerful starter voter, and then they doubled it to twelve volts, although 111 00:10:26,279 --> 00:10:33,519 it's actually more like thirteen point seven volts. You're right, absolutely, yeah, 112 00:10:33,679 --> 00:10:37,440 and the bus voltage actually varies a lot for those since there's probably some 113 00:10:37,480 --> 00:10:41,360 electrical engineers in that audience. It's like twelve volts is a very rough approximation, 114 00:10:43,519 --> 00:10:48,720 but it's really it's really kind of an arbitrary low voltage. And if 115 00:10:48,720 --> 00:10:52,440 you look at say power Ethernet, it's running at fifty volts or roughly forty 116 00:10:52,480 --> 00:10:58,039 eight volts, and we setted forty forty eight bolts because anything really above that 117 00:10:58,120 --> 00:11:03,000 you start to running too regulatory concerns, and power Ethernet is, like you 118 00:11:03,039 --> 00:11:09,039 said, roughly at that level. But the advantage of obviously quadrupling the voltage 119 00:11:09,159 --> 00:11:13,600 is that you can substantially reduce how much copper or conductor is used in the 120 00:11:13,639 --> 00:11:18,639 car, so you can use very small copper wires for you know, it's 121 00:11:20,039 --> 00:11:22,960 roughly roughly a quarter, not exactly a quarter, but roughly a quarter as 122 00:11:24,039 --> 00:11:30,600 much as much copper is needed for forty eight volts as for twelve. So 123 00:11:30,720 --> 00:11:37,320 I think it's it's a logical move. That's that's that's really the next step 124 00:11:37,360 --> 00:11:41,679 for the low voltage architecture for the car. I think ultimately long term WOR 125 00:11:41,759 --> 00:11:48,519 class will be forty eight volts. It's it's interesting that many people love electric 126 00:11:48,600 --> 00:11:52,519 vehicles and want to have them, but some are harmed by a missing infrastructure. 127 00:11:52,759 --> 00:11:54,919 That would be the same actually as the II thing. We will have 128 00:11:56,000 --> 00:11:58,360 lots of chips ready, but we will have fed the power to operate them. 129 00:11:58,639 --> 00:12:03,639 There's a race between infrastructure and technology right now. And you're also certain 130 00:12:03,759 --> 00:12:07,720 technology may win, which is a problem because actually infrastructures would win. We 131 00:12:07,759 --> 00:12:13,440 should have all the infrastructure we need. Is that correct? Yeah, are 132 00:12:13,480 --> 00:12:16,519 you talking about like sort of charging infrastructural cars and that kind of thing. 133 00:12:18,000 --> 00:12:24,279 Well, the reason tesn't developed the sort of global supercharger network was specifically to 134 00:12:24,320 --> 00:12:28,879 address that point and the point you're making, which is people need to be 135 00:12:28,919 --> 00:12:33,440 comfortable that they can travel long distances and charge their car wherever they go. 136 00:12:35,320 --> 00:12:41,960 Unfortunately, electricity is almost everywhere, and so it's you know, it's not 137 00:12:43,440 --> 00:12:46,200 all not all that rare unless you're really far out in the countryside or something. 138 00:12:46,279 --> 00:12:54,000 So yeah, you need the super you need the charging infrastructure and like 139 00:12:54,120 --> 00:12:58,000 the electricity to charge electric cars. In fact, the simultaneous growth of electric 140 00:12:58,039 --> 00:13:03,039 cars and AI, both of which need electricity, both of which need voltage 141 00:13:03,080 --> 00:13:11,519 transformers. Actually, I think is creating a tremendous demand for electrical equipment and 142 00:13:11,639 --> 00:13:20,200 for electrical power generation. Maybe one more question elon with regard to new vehicle 143 00:13:20,279 --> 00:13:26,039 designs coming to the market. Of course you cannot share with us confidential secrets, 144 00:13:26,720 --> 00:13:31,000 but anyways, what are the things you believe, let's say we will 145 00:13:31,000 --> 00:13:35,799 see over the next years in the market. And maybe just a small comment. 146 00:13:35,320 --> 00:13:41,720 In Europe, we see a shortage of affordable battery electric vehicles in the 147 00:13:41,759 --> 00:13:48,399 offerings because many people in Europe are only able to spend like twenty five thousand 148 00:13:48,399 --> 00:13:54,399 euros for their vehicles. So what are the new vehicle types vehicle designs you 149 00:13:54,799 --> 00:14:03,000 are thinking about at Tesla, Well, our next generation vehicle will be a 150 00:14:03,039 --> 00:14:09,799 low, a lower cost vehicle, but one also that is very focused on 151 00:14:09,879 --> 00:14:18,120 autonomy. Like I said, the we really are getting to the point where 152 00:14:18,120 --> 00:14:22,240 the car can drive itself. Well, when you're in the in the US, 153 00:14:22,279 --> 00:14:26,480 I would recommend perhaps giving you know, trying out our car and see, 154 00:14:26,519 --> 00:14:33,080 I seeing how it works. It's remarkable, you know. As the 155 00:14:33,120 --> 00:14:35,720 AI gets better and better, it actually feels quite human like in the way 156 00:14:35,720 --> 00:14:41,000 that it drives. It does things that you wouldn't expect a computer to do. 157 00:14:41,240 --> 00:14:43,720 It's it's not like a robot dancing, you know, it's like it 158 00:14:43,799 --> 00:14:52,399 feels smooth and intuitive. So our next generation vehicle, which were quite far 159 00:14:52,399 --> 00:14:58,799 along on, is very much anticipating and autonomy. And then of course we've 160 00:14:58,799 --> 00:15:03,879 got some fun things as well, like on our the new Tesla Roadster, 161 00:15:03,679 --> 00:15:09,559 which will be able to do zero two hundred kilometers in under one second. 162 00:15:11,000 --> 00:15:15,799 Great, thank you very much. You know that's normally need. That's good. 163 00:15:16,120 --> 00:15:20,360 Yeah, that's good. Some fun stuff too, you know, that's 164 00:15:20,399 --> 00:15:24,039 the that's the dessert, that's the cherry on the cake. But it's fun. 165 00:15:24,120 --> 00:15:26,799 You've got to have the fun stuff too. Yeah, right, No, 166 00:15:26,919 --> 00:15:30,200 that's very good news because in the end, there's a lot of people 167 00:15:30,240 --> 00:15:33,279 here in the room that's still on their list to buy an electric vehicle, 168 00:15:33,320 --> 00:15:35,960 and you just announced something which they probably want to buy. So thank you 169 00:15:37,200 --> 00:15:41,120 very much, Thank you very much, and thank you extremely for fifteen years 170 00:15:41,120 --> 00:15:46,840 of partnership and work together. We're inspired always by your speed attitude of graphics 171 00:15:46,879 --> 00:15:50,799 and things come out. Thank you very much too. Musk all right, 172 00:15:50,840 --> 00:15:52,320 and thank you for your support, very very much appreciate it.