WEBVTT 1 00:00:01.000 --> 00:00:05.160 I'm sorry, but the Edon Mask has not been able to join. So 2 00:00:06.040 --> 00:00:13.199 instead of having Edon Mask, who has been uh quote by some other meetings, 3 00:00:13.560 --> 00:00:31.440 I have his clone Edon musk. Yeah you don't thank you, thank 4 00:00:31.480 --> 00:00:46.200 you. Hey, guys, mhm h. You know you have to know 5 00:00:47.119 --> 00:00:52.079 that no one in Paris believed that you would be in personal. They all 6 00:00:52.200 --> 00:00:56.719 said, yeah, he's not coming, going to come. He was already 7 00:00:56.759 --> 00:01:00.759 at Versailles for Truth France, so he's not going to come and it would 8 00:01:00.759 --> 00:01:06.079 be a video. So is it rain? Are you right? I'm a 9 00:01:06.120 --> 00:01:15.560 hologram, A is a hologram or an android? Elan. It is a 10 00:01:15.680 --> 00:01:21.120 pleasure and an n to have you, so thank you for making the trip. 11 00:01:21.239 --> 00:01:23.400 I know that it has a lot been very easy, and I know 12 00:01:23.480 --> 00:01:30.560 also that for the first time in my life I will interview somebody who was 13 00:01:30.640 --> 00:01:36.000 introduct Yes, yes, you told me. I started out that way, 14 00:01:36.560 --> 00:01:42.359 shy and introduct. So I'm asking the audience to be a little bit gentle 15 00:01:42.519 --> 00:01:49.599 with Ellen because it's so shy that he needs your support. And on top 16 00:01:49.640 --> 00:02:01.159 of that, on top of that is speaking in front of his motor so 17 00:02:01.239 --> 00:02:20.360 you can imagine how difficult it is. Sad yeah. So as you have 18 00:02:20.479 --> 00:02:30.879 seen since we have announced your participation, it has been quite something because everyone 19 00:02:30.960 --> 00:02:36.039 wanted to be here, so we had to change. We had the very 20 00:02:36.080 --> 00:02:39.759 imodest room with only one thousand and five hundred people, okay, and we 21 00:02:39.879 --> 00:02:45.560 had to move here. And you have to know that the Dome Do Party 22 00:02:46.240 --> 00:02:51.840 is the place where there is the musicals. So we are not expecting you 23 00:02:52.479 --> 00:02:55.199 to sing or to dance, but if you can do it, we would 24 00:02:55.240 --> 00:03:04.439 be very happy. Yeah. But you have also to know that this is 25 00:03:04.479 --> 00:03:13.039 the room where Steve Jobs was coming. Every time it was doing a keynote 26 00:03:13.319 --> 00:03:15.919 or presenting new products, it was here. Okay. So I hope that 27 00:03:16.000 --> 00:03:30.280 you like the symbol and you you don't need any introduction. Your name is 28 00:03:30.520 --> 00:03:38.039 a brand, is already a brand. It's a brand for innovation, for 29 00:03:38.159 --> 00:03:46.960 ambition, for perfume. Yes, yes, this is the agreement that you 30 00:03:46.919 --> 00:03:52.520 made with the art No family a few hours ago. I mean it's I 31 00:03:52.560 --> 00:03:58.280 mean really brands itself. Yeah. And you are the origin of papal Tesla 32 00:03:58.479 --> 00:04:08.960 SpaceX, to name a few, and even open the Eye. So you 33 00:04:10.039 --> 00:04:17.879 love taking risks and you are going always against the tide and the popular wisdom. 34 00:04:18.040 --> 00:04:29.079 You have been always proven right now there is now there is a bet 35 00:04:29.959 --> 00:04:36.279 of the forty four billion US dollar question, which is will you still be 36 00:04:36.480 --> 00:04:46.000 right with Twitter? Sure? So it was expensive, Yeah, I don't 37 00:04:46.000 --> 00:04:50.160 know if um you know, listen, if I'm so smart, why did 38 00:04:50.240 --> 00:05:01.839 I pay so much for Twitter? Then? So, as I'm not a 39 00:05:01.959 --> 00:05:10.079 journalist, I'm not trying to get headlines and to have provocative response and to 40 00:05:10.240 --> 00:05:15.639 make us cool. But nevertheless, if you wish to do that, it 41 00:05:15.879 --> 00:05:19.759 is authorized. Okay, great, So we are expecting that you will really 42 00:05:19.879 --> 00:05:26.759 make the show because everyone came here to see you, to listen to you, 43 00:05:27.279 --> 00:05:32.439 and to get some of the magic that you have. All right, 44 00:05:32.839 --> 00:05:36.279 well, but I'm honored that you all. I want to listen to what 45 00:05:36.319 --> 00:05:41.480 I have to say. It's great to see the crowd, and I know 46 00:05:41.480 --> 00:05:47.040 you guys seem awesome. So but you told me that you would like you 47 00:05:47.240 --> 00:06:03.399 said that you would like to speak in French. Oh my goodness. So 48 00:06:04.160 --> 00:06:08.920 there are some people who believe that you are genius, and yeah, there 49 00:06:08.920 --> 00:06:12.839 are some you will believe that you are evil. So okay, I mean 50 00:06:12.879 --> 00:06:15.800 you can be both. We I mean you could be an evil genius. 51 00:06:15.839 --> 00:06:19.879 That's not you know, so you we can what you are? Oh you 52 00:06:19.920 --> 00:06:28.079 will let the people that awful trusion. Um, I am definitely not evil. 53 00:06:28.920 --> 00:06:38.199 Yeah, can me? What is the thing that you have ahead of 54 00:06:38.279 --> 00:06:40.319 your own? Yes? So if you, if you're careful, you can 55 00:06:40.319 --> 00:06:44.360 see an angel's halo on my head and the wings. It's a subtle. 56 00:06:44.439 --> 00:06:46.399 But are the wings, Yeah, there's They're difficult to see, but if 57 00:06:46.399 --> 00:06:49.639 you look carefully, you know they're right there, small wings. Yes. 58 00:06:50.120 --> 00:06:56.240 Um so yeah, no, no, hopefully not evil. That's aspirationally not 59 00:06:56.279 --> 00:07:06.600 evil. Um so yeah. Um okay, so that was. You have 60 00:07:06.759 --> 00:07:12.519 done a lot of operation. You have created a lot of companies. The 61 00:07:12.519 --> 00:07:18.160 most important question for everyone is what the hell is driving you? Why are 62 00:07:18.279 --> 00:07:26.839 you so obsessed by new operation, new creation, new things to do? 63 00:07:28.079 --> 00:07:32.639 Yeah, Crystal mess it's the answer. Um if you think red Bull gives 64 00:07:32.639 --> 00:07:40.839 your wings? Um so, man, that that that's that that quote's gonna 65 00:07:40.959 --> 00:07:49.480 probably staying um so, um yeah, just kidding for the record. Um 66 00:07:49.680 --> 00:07:54.839 so, well, I think there's The companies still have a lot to do 67 00:07:55.000 --> 00:07:59.639 for their the core mission. Um, the you know, for electric vehicles 68 00:07:59.639 --> 00:08:05.279 to stainable energy. Still less than one percent of the global fleet is electric, 69 00:08:05.480 --> 00:08:09.000 so We've got about two billion cars and trucks on the road, but 70 00:08:09.079 --> 00:08:15.680 it's still less than twenty million are electric at this point. So there's still 71 00:08:15.720 --> 00:08:20.800 a long way to go for sustainable energy, for sustainable energy generation. So 72 00:08:20.839 --> 00:08:24.079 this, you know, the test emission. I think we've we've made a 73 00:08:24.079 --> 00:08:30.040 lot of progress, but still, um, it's a lot more ahead then 74 00:08:30.160 --> 00:08:35.759 SpaceX. The goal is it's a it's a big goal, but it's we 75 00:08:35.159 --> 00:08:41.720 want to try to make life multiplanetary, to extend life beyond Earth. And 76 00:08:41.039 --> 00:08:46.519 I think this is important for a number of reasons. But um, yeah, 77 00:08:46.519 --> 00:08:50.120 there's there's the sort of defensive reason of ensuring that the light of consciousness 78 00:08:50.120 --> 00:08:54.159 does not go out. Um. And if I made some of these crushes, 79 00:08:54.159 --> 00:08:56.440 if I'm going on too long, you feel free to interrupt me, 80 00:08:56.519 --> 00:09:05.679 but you can, okay, okay, So um, you know, people 81 00:09:05.799 --> 00:09:09.240 do ask me, you know, have I seen UFOs and aliens and that 82 00:09:09.320 --> 00:09:13.159 kind of thing? And I haven't, um, and I think I would 83 00:09:13.200 --> 00:09:20.080 have seen them by now. Um. So it appears that we might we 84 00:09:20.159 --> 00:09:26.639 might be the only consciousness at least in this galaxy. And and if so, 85 00:09:26.759 --> 00:09:31.679 that's kind of a scary prospect because it means that the light of consciousness 86 00:09:33.000 --> 00:09:37.759 is like a like a tiny candle in a vast darkness, and we should 87 00:09:37.759 --> 00:09:41.480 do everything we can to prevent that candle from going out. So yeah, 88 00:09:48.559 --> 00:09:52.039 and and so some of the things. So that means obviously taking the actions 89 00:09:52.120 --> 00:09:58.320 to ensure that Earth is good, that Earth is safe and secure for civilization, 90 00:09:58.000 --> 00:10:03.879 um and it I think it also means extending life beyond Earth, to 91 00:10:05.039 --> 00:10:09.559 other planets in the Solar System and ultimately to other star systems. And I 92 00:10:09.559 --> 00:10:15.159 think that's that's both a sort of defense of the line of consciousness and also 93 00:10:16.480 --> 00:10:22.240 I think a point of inspiration, because life cannot just be about solving one 94 00:10:22.279 --> 00:10:28.799 problem after another. We need things that inspire us. I mean, we 95 00:10:28.840 --> 00:10:35.840 need things that prove our hearts and that when you wake up in the morning, 96 00:10:35.320 --> 00:10:41.480 you're excited to be alive and being a space bearing civilization and making true 97 00:10:41.559 --> 00:10:46.759 the things that we see in the good science fiction movies. This is one 98 00:10:46.799 --> 00:10:50.399 of the things that I think can inspire all of humanity, just like the 99 00:10:50.679 --> 00:10:56.200 you know, when the National Twins of the Moon in sixty nine, it 100 00:10:56.399 --> 00:11:01.399 was something that then they said for mankind, you know, and it really 101 00:11:01.600 --> 00:11:05.960 was something you say to any human on Earth. What's these what's like the 102 00:11:05.000 --> 00:11:09.480 most amazing thing that humanity has ever done a lot of At least one of 103 00:11:09.480 --> 00:12:13.919 those things would be to find out more or to purchase this trunk, Matt, 104 00:12:13.399 --> 00:12:18.639 click the link in the video description or click the link in the pin 105 00:12:18.799 --> 00:12:22.759 comment below. We went to the moon, you know, And so you 106 00:12:22.799 --> 00:12:28.679 want to have these inspiring things that make you excited to be alive and excited 107 00:12:28.679 --> 00:12:37.840 about the future. Yeah, and you you had those souls and dreams when 108 00:12:37.840 --> 00:12:43.600 you are a kid or this game much later on. Well, I didn't 109 00:12:43.600 --> 00:12:46.879 think I would be doing these things as a kid, m That's for sure. 110 00:12:48.240 --> 00:12:52.600 I was interested in technology. I read a lot of books, so 111 00:12:54.240 --> 00:12:58.039 I was obviously interested in science. I mean, this is hard, They're 112 00:12:58.039 --> 00:13:01.200 going to be surprising. I was interested in science fiction and technology. You 113 00:13:01.279 --> 00:13:05.600 have to tend the truth because to you, Yeah, my mom's right, 114 00:13:05.799 --> 00:13:09.840 called me out on this if it's not not accurate. But um so, 115 00:13:11.399 --> 00:13:20.360 I guess the thing that was maybe um most significant from a philosophical standpoint was 116 00:13:20.960 --> 00:13:26.120 that when I was about maybe twelve or thirteen, had somewhat of an existential 117 00:13:26.120 --> 00:13:28.919 crisis where I was like, I was like, what what is the meaning 118 00:13:28.960 --> 00:13:33.639 of life? Is life just meaningless? Why are we here? What does 119 00:13:33.679 --> 00:13:39.120 it all mean? And and I read a lot of books on religion and 120 00:13:39.159 --> 00:13:45.639 philosophy, and then ultimately, you know, I read this book, Hitchhiker's 121 00:13:45.639 --> 00:13:48.679 Guides the Galaxy, which is great um and and in that book, that 122 00:13:48.679 --> 00:13:54.919 book is really a philosophy book that disguised this humor. And the point that 123 00:13:54.000 --> 00:14:01.200 Douglas Adams makes is that the real difficulties under standing what questions to ask about 124 00:14:01.240 --> 00:14:07.440 the answer that is the universe, um and that we that that really we 125 00:14:07.480 --> 00:14:13.159 want to we want to have. It's it's essentially it's like a philosophy of 126 00:14:13.200 --> 00:14:18.559 curiosity, um of of saying, well, what can we do to find 127 00:14:18.559 --> 00:14:24.480 out more about the nature of the universe and and the meaning of life? 128 00:14:24.000 --> 00:14:28.840 And so that's that's the sort of foundational element. And then from there you 129 00:14:28.879 --> 00:14:31.480 say, okay, well, if we want to find out meaning of life, 130 00:14:31.480 --> 00:14:35.720 we have to expand the scope and scale of consciousness. We have to 131 00:14:35.080 --> 00:14:41.200 got there and we explore the stars to know what questions to ask about the 132 00:14:41.320 --> 00:14:48.399 universe and understand the universe. And that's that's my core philosophy um and and 133 00:14:48.399 --> 00:14:52.840 and so from that it was like, well, we have to make sure 134 00:14:52.919 --> 00:14:58.960 that Earth is good, so we have to have sustainable energy. Um Um, 135 00:14:58.159 --> 00:15:05.799 we want to bold technology to travel beyond Earth. And that's that's it's 136 00:15:05.840 --> 00:15:11.039 from that sort of core philosophy that these companies arise. In most cases. 137 00:15:11.600 --> 00:15:16.960 UM, I can say, how does Twitter help with that? I would 138 00:15:16.000 --> 00:15:24.679 like to go back to Earth sure, and to the various enterprises that you 139 00:15:24.960 --> 00:15:31.799 contributed to create or co created or created. Let's start with PayPal. So 140 00:15:33.360 --> 00:15:39.440 very impresed company. Do you regret to have sold it? I think in 141 00:15:39.639 --> 00:15:43.639 retrospect, I think it was it was good that that the company was acquired 142 00:15:43.639 --> 00:15:48.879 by eBay um because there was so much talent at PayPal, and that talent 143 00:15:48.960 --> 00:15:56.080 subsequently went on to create many other companies. Um. So YouTube, for 144 00:15:56.080 --> 00:16:02.799 example, was created by two people that worked at a paper UM we had. 145 00:16:02.799 --> 00:16:07.279 There was LinkedIn was created from from PayPal, There was Yelled, There 146 00:16:07.399 --> 00:16:14.360 was many other companies Russian. Yeah, you're very impression. Yeah so and 147 00:16:14.360 --> 00:16:18.519 then and if if I'd been still working on PayPal, then there wouldn't be 148 00:16:18.600 --> 00:16:22.879 you know, test that would not be in a card form and SpaceX wouldn't 149 00:16:22.879 --> 00:16:26.600 exist. Yes, so yes, I guess A short, short answer yes, 150 00:16:29.679 --> 00:16:37.039 yeah, short until you that yes yeah yeah, but now with then 151 00:16:37.320 --> 00:16:41.440 you would have loved to keep it again. Well, there is I think, 152 00:16:42.639 --> 00:16:48.960 um, the potential to do something that is, um um bigger than 153 00:16:49.120 --> 00:16:53.840 PayPal. Um. This is sort of like the x the sort of everything 154 00:16:53.840 --> 00:17:02.279 out kind of thing. So I think it's it's somewhat poetic trying to get 155 00:17:03.600 --> 00:17:07.720 good, good, finish the task that was started about twenty four years ago. 156 00:17:08.599 --> 00:17:15.720 Um, I think it's I think it's going to be useful. X 157 00:17:15.759 --> 00:17:19.960 slash Twitter is going to be just a very useful thing, um and hopefully 158 00:17:21.039 --> 00:17:29.440 something that is a positive force for civilization. Moving to Tesla, I have, 159 00:17:30.440 --> 00:17:37.640 through one of our operations, don't the first advertising campaign for the electric 160 00:17:37.680 --> 00:17:42.599 car of GM that was at the end of the nineties. So can you 161 00:17:42.640 --> 00:17:52.720 explain why GM and other car manufacturers have not created Tesla and why Tesla is 162 00:17:52.720 --> 00:18:03.079 successful? What is the difference? UM's about the e V one basically the 163 00:18:03.079 --> 00:18:11.680 EV one car that so General Motors actually they've come out with this electric vehicle 164 00:18:11.720 --> 00:18:15.680 one EV one and it's yes, you would remember the EV one, yes, 165 00:18:15.880 --> 00:18:22.400 yeah, um, And actually so I thought when that yeah, that 166 00:18:22.440 --> 00:18:26.119 sounds about right. Yeah, Um, I would have. I expected there 167 00:18:26.119 --> 00:18:29.000 would be an EV two, EV three and so forth, and if if 168 00:18:29.000 --> 00:18:32.880 they had done that, actually there would be no need for Tessa Um. 169 00:18:32.960 --> 00:18:38.359 But um. For reasons that that aren't clear, they gm recalled all of 170 00:18:38.400 --> 00:18:41.920 the ev ones, even from customers that really wanted to keep the cars. 171 00:18:41.960 --> 00:18:52.799 They recalled the cars and they crushed them in a junkyard, and it blows, 172 00:18:52.920 --> 00:18:56.599 It still blows in my mind that they did this because the people who 173 00:18:56.680 --> 00:19:00.799 had the ev ones, they loved the car so much. They held a 174 00:19:00.799 --> 00:19:06.119 candlelit vigil at the junk yard where the cars were crushed. Okay, like 175 00:19:06.200 --> 00:19:11.559 it was like like someone was getting killed, you know, like it's and 176 00:19:11.640 --> 00:19:17.240 it's like if somebody is holding a candle lit vigil for the because they love 177 00:19:17.279 --> 00:19:22.119 your products so much, maybe you should make more of it, you know. 178 00:19:22.279 --> 00:19:26.359 I mean, it's like pretty rare for candle at vigils to be help 179 00:19:26.400 --> 00:19:30.480 for products. So I don't understand why they didn't do more, and they 180 00:19:30.519 --> 00:19:33.759 should have and they would be the leader in electric pickles today, but they 181 00:19:33.799 --> 00:19:37.079 didn't. They didn't, and so there was a need for Tesla because the 182 00:19:37.720 --> 00:19:41.640 you know, at the time of starting Tesla, there were no electric vehicles 183 00:19:41.680 --> 00:19:47.200 being made, and they were, so the big car companies were not making 184 00:19:47.200 --> 00:19:52.240 electric pickles. There were no startups that we were aware of making electric pickles. 185 00:19:52.599 --> 00:19:56.480 So it's like, well, we should try. And I mean in 186 00:19:56.519 --> 00:20:00.119 the case of both Tesla and SpaceX, I thought the chance of success was 187 00:20:00.119 --> 00:20:02.799 maybe ten percent. So I just felt like I thought it would be successful. 188 00:20:02.799 --> 00:20:11.000 I thought it would fail. A goodnesson And now moving to the kids 189 00:20:11.240 --> 00:20:17.599 dream, which is to become an astronaut and not to buid rockets. How 190 00:20:17.680 --> 00:20:22.039 you move from the idea that every child has I would be anstronaut to I 191 00:20:22.039 --> 00:20:37.039 would do reusable rockets. Yeah, you forgot No, I'm trying to compress 192 00:20:37.119 --> 00:20:41.680 the story so that they're not too long because of the story is actually quite 193 00:20:41.680 --> 00:20:45.599 long because I didn't start out wanting to the rockets. At first, I 194 00:20:45.759 --> 00:20:51.759 was going to do this m philanthropic mission to Mars called Mars Oasis. And 195 00:20:51.799 --> 00:20:56.240 then as I started investigating the what it would take to launch the submission to 196 00:20:56.319 --> 00:21:03.400 Mars just a little greenhouse basically, UM it was intended to ins buy the 197 00:21:03.480 --> 00:21:07.599 public, and I started understanding more about the what rockets could be used. 198 00:21:08.200 --> 00:21:12.200 UM. I actually went to Russia a few times to UM try to buy 199 00:21:12.640 --> 00:21:18.839 some of their nuclear missiles UM minus the nuclear minus the nuke. UM, 200 00:21:18.880 --> 00:21:25.319 that's the extra UM. So that was pretty wild being in Russia in two 201 00:21:25.319 --> 00:21:33.079 thousand and one negotiating to buy two of the biggest missiles UM. But but 202 00:21:33.079 --> 00:21:38.759 but it became it became clear that the UM and unless there was something new 203 00:21:40.680 --> 00:21:44.720 with rockets, there were that that that that was the fundamental issue. The 204 00:21:44.759 --> 00:21:48.799 cost of access to space was the fundamental issue. So it wasn't it wasn't 205 00:21:48.799 --> 00:21:52.799 a question of trying to increase the public's desire. Public's desire for space and 206 00:21:52.880 --> 00:21:56.759 exploration is very high. But there needs to be a means, there needs 207 00:21:56.759 --> 00:22:02.440 to be a way UM and uh, they need they need to be a 208 00:22:02.559 --> 00:22:08.200 radical improvement in the cost of access to aubent UM. So I was like, 209 00:22:08.240 --> 00:22:11.960 Okay, well I'm gonna try starting a rocket company and see if it's 210 00:22:11.960 --> 00:22:15.559 successful. But I, like said I told people at the time, because 211 00:22:15.599 --> 00:22:18.400 because the people would say to me, let's tell me this joke of like 212 00:22:18.480 --> 00:22:25.279 what's the fast you know, what's what's the you know, how how do 213 00:22:25.319 --> 00:22:30.599 you go from sorry? Um? So I'm getting a little hot into the 214 00:22:30.640 --> 00:22:34.640 collar here. UM, I think a lot of people are um, so 215 00:22:36.640 --> 00:22:41.000 they'll say, what's the fastest way to make us small fortune in the rocket 216 00:22:41.000 --> 00:22:44.720 industry? In it? And the punchline is you start with a large one. 217 00:22:45.680 --> 00:22:49.319 So you know it was it was a tough going for a while. 218 00:22:49.359 --> 00:22:53.440 Our first three launches failed. Fortunately the fourth one succeeded. If the fourth 219 00:22:53.440 --> 00:22:56.720 one had not succeeded, a SpaceX would not exist. So it was a 220 00:22:56.799 --> 00:23:06.599 very close call. Fast forwards, you created or you co created Opening Eye. 221 00:23:07.000 --> 00:23:14.119 Yes, chat GPT has been incredibly success, incredibly successful. It's the 222 00:23:15.720 --> 00:23:26.799 fastest growing ever story. And after having created Opening Eye, suddenly you say, 223 00:23:26.839 --> 00:23:30.200 oh, we should have a pose. Some people will say, oh, 224 00:23:30.200 --> 00:23:36.559 it's because he has not done it. Well, I mean I didn't 225 00:23:36.559 --> 00:23:40.200 think anyone would actually agree to the pause, but I thought, just for 226 00:23:40.000 --> 00:23:44.640 the record, I just want to say I think we should pause. I 227 00:23:44.680 --> 00:23:51.000 don't think that any Why do you want to shoot pose? Well, I 228 00:23:51.039 --> 00:23:57.720 think there's a there's a real danger for digital superintelligence having negative consequences, and 229 00:23:57.799 --> 00:24:06.359 so if we are I'm not careful with creating artificial general intelligence, we could 230 00:24:06.400 --> 00:24:11.720 have potentially a catastrophic outcome. So now I think there's a range of possibilities. 231 00:24:11.720 --> 00:24:17.559 I think the most likely outcome is positive for AI, but that's not 232 00:24:17.640 --> 00:24:22.319 every possible outcome. So we need to minimize the probability that something will go 233 00:24:22.400 --> 00:24:32.480 wrong with digital superintelligence. Yes, so I'm in favor of AI regulation because 234 00:24:32.759 --> 00:24:37.240 I think advanced AI is a risk to the public, and anything that's a 235 00:24:37.319 --> 00:24:38.880 risk to the public, there needs to be some kind of referee. That 236 00:24:38.960 --> 00:24:45.079 referee is the regulator, and so I think that that my strong recommendation is 237 00:24:45.119 --> 00:24:51.039 to have some regulation for AI. Some regulation for AI. Guess which is 238 00:24:51.079 --> 00:24:57.640 what you want? Not sure regulation, I guess there's probably plenty of regulators. 239 00:25:00.799 --> 00:25:07.519 Okay, So speaking about Twitter, you you have made a big bet 240 00:25:10.079 --> 00:25:15.160 on Twitter. You said it a few minutes ago that you paid too much. 241 00:25:15.359 --> 00:25:22.559 Yes, yes, and you are now going on to Twitter two point 242 00:25:22.559 --> 00:25:30.000 two or three point two, which I understand. It's a full scale invention 243 00:25:30.079 --> 00:25:36.680 of the company. Yeah, the company very rapidly. Yeah, the company 244 00:25:36.759 --> 00:25:42.359 is changing quad dramatically. There are a lot of controversy about Twitter. So 245 00:25:44.759 --> 00:25:48.920 I have, in fact three very quick questions. The first one is why 246 00:25:49.039 --> 00:25:56.079 have you decided to acquire The second is what was wrong at Twitter to make 247 00:25:56.119 --> 00:26:03.920 you acting? And the last one is then the last last of the suite, 248 00:26:03.039 --> 00:26:07.200 because there are many or the question is, why do you believe that 249 00:26:07.400 --> 00:26:14.759 you would be successful and you will be well? Thanks? Um, I 250 00:26:14.839 --> 00:26:18.359 can't imagine. I can't imagine that you will not be well. Thanks UM. 251 00:26:19.359 --> 00:26:26.359 So well. Obviously I was on Twitter as as a major user, 252 00:26:26.880 --> 00:26:33.200 and even before the acquisition closed, my Twitter account was the most interacted with 253 00:26:33.240 --> 00:26:38.720 account in the world. So my I guess I would be I'm pretty closely 254 00:26:38.720 --> 00:26:44.400 attuned to what's going on with Twitter, you know. I get a feel 255 00:26:44.440 --> 00:26:48.480 for how is it shifting one way or the other. And generally I was 256 00:26:48.519 --> 00:26:53.960 concerned that Twitter was having a negative effect on civilization, that it was having 257 00:26:53.960 --> 00:27:00.039 a corrosive effect on civil society, and and so that, you know, 258 00:27:00.079 --> 00:27:06.680 anything that undermines civilization I think is not good. And you know, go 259 00:27:06.759 --> 00:27:10.279 back to my point of like, we need to do everything possible to support 260 00:27:10.319 --> 00:27:14.839 civilization and move it in a positive direction, and I felt that it would. 261 00:27:15.279 --> 00:27:18.200 Twitter was kept moving more and more in a negative direction, and my 262 00:27:18.519 --> 00:27:23.759 hope and aspiration was to change that and have it be a positive force for 263 00:27:23.839 --> 00:27:33.880 civilization. It is not perceived like this. People are very happy to listen 264 00:27:34.119 --> 00:27:41.680 to that approach that the perception is very different. Well, I think it 265 00:27:41.720 --> 00:27:45.480 depends on I mean, I think if if somebody is a regular Twitter user, 266 00:27:45.079 --> 00:27:51.680 I think that most people would say that their experience has improved. We've 267 00:27:51.839 --> 00:27:57.319 we've gotten rid of ninety percent of the bots and the scams and and and 268 00:27:57.359 --> 00:28:03.759 the various bad things that we're happening. We've gotten rid of now at this 269 00:28:03.799 --> 00:28:07.480 point, I think ninety five percent of the child exploitation material that was on 270 00:28:07.519 --> 00:28:11.599 Twitter, which was a shock to see the amount of that that was really 271 00:28:11.680 --> 00:28:15.880 terrible. Some of that had been going on for ten years and no action. 272 00:28:17.680 --> 00:28:25.519 So I think we've done a lot of good in that respect. And 273 00:28:25.519 --> 00:28:27.400 and then I think we're you know, we've also done things like we have 274 00:28:27.519 --> 00:28:32.240 open sourced the algorithm, so we're trying to be as transparent as possible. 275 00:28:32.759 --> 00:28:37.160 So Twitter is the only social media company where you can see the actual code 276 00:28:37.200 --> 00:28:47.799 of the algorithm, so it's not like some secret black bots. I mean, 277 00:28:47.839 --> 00:28:52.279 the weightabild trust is the weightable trust does not take my word for it. 278 00:28:52.279 --> 00:29:00.400 It's let's let's show you exactly how it works and full transparency and and 279 00:29:00.400 --> 00:29:03.039 and we're also going to be showing like if your account is in any way 280 00:29:03.039 --> 00:29:07.839 affected by the Twitter system, you could see it clearly. Um and just 281 00:29:08.079 --> 00:29:14.960 you know, moving in I think a good direction. Um, we've I 282 00:29:14.960 --> 00:29:18.359 think the recommendation album. I don't want to get on too long for Twitter, 283 00:29:18.400 --> 00:29:22.720 but I think it's I think it's actually quite good and that those are 284 00:29:22.720 --> 00:29:25.599 on the who are on the Twitter system, I think generally think it's good. 285 00:29:26.240 --> 00:29:30.599 Um. The you know, we are seeing all time highs in usage, 286 00:29:30.960 --> 00:29:34.400 so at least you know, for the public out there, they are 287 00:29:34.480 --> 00:29:41.480 using the system more. Um so we're seeing your pretty significant week over week 288 00:29:41.519 --> 00:29:47.079 growth in usage. Um. So you know, the public is speaking with 289 00:29:47.160 --> 00:29:51.119 their time and if they're if they're putting their time on Twitter, that's a 290 00:29:51.200 --> 00:29:56.160 very good signal. Um. So that's that's that's very positive. Um. 291 00:29:56.880 --> 00:30:07.000 What would you say to advertisers who left Twitter to convince them to come back? 292 00:30:07.519 --> 00:30:11.400 Yeah, I actually I should say that. Um maybe with a few 293 00:30:11.440 --> 00:30:17.599 exceptions, almost all the advertisers have said that they've either come back or they 294 00:30:17.599 --> 00:30:22.880 said they will come back. So actually I feel pretty pretty optimistic about the 295 00:30:22.880 --> 00:30:29.559 future. UM. And yeah, so you know, we really at this 296 00:30:29.640 --> 00:30:34.480 point, I believe actually I'm not aware of any advertiser. That is either 297 00:30:34.599 --> 00:30:37.880 they've either come back or they said they will come back. I'm not aware 298 00:30:37.880 --> 00:30:41.279 of any exceptions. They're probably a few exceptions, but overall, I think 299 00:30:41.319 --> 00:30:47.759 it's it's very possible. Good. So what we have now a broader conversation. 300 00:30:47.880 --> 00:30:56.000 We will ask Chris Demand from Orange SiO of Orange to join us, 301 00:30:56.079 --> 00:31:17.839 as well as onto Ainao from AVMA. Why Millard while they are ranging, 302 00:31:18.920 --> 00:31:25.640 there is uh maybe yeah yeah, yeah, yeah, yeah, yeah yeah. 303 00:31:25.680 --> 00:31:37.559 There is one question yeah that I would like to take care. So 304 00:31:37.759 --> 00:31:45.119 finally we are all together again. So uh, I had another question, 305 00:31:45.160 --> 00:31:49.880 but I will save it for later and I will give the floor to Crystal. 306 00:31:51.440 --> 00:31:57.720 Crystal the man with the CEO of Orange, and she is very much 307 00:31:57.720 --> 00:32:13.839 excited about putting some harsh, difficult question to you. Let's go social network 308 00:32:15.319 --> 00:32:27.440 Twitter. Yeah, obviously social networks and Twitter a fantastic to develop debates that 309 00:32:27.559 --> 00:32:32.319 maybe we'll look possible. Now there's also another of it, which is that 310 00:32:34.279 --> 00:32:39.720 there can be some disinformation. Thank news, Thank News. What that's crazy. 311 00:32:42.640 --> 00:32:45.319 I don't believe we need that. How do I know this is real? 312 00:35:39.119 --> 00:35:45.199 But now at young people and being in the digital field, and we 313 00:35:45.280 --> 00:35:50.960 provide digital services, that people use. There's also moved towards cyber bullying and 314 00:35:51.079 --> 00:35:54.280 harassment, which I think we all it's also a road to educate young people 315 00:35:54.440 --> 00:36:00.360 on how to use the technology and make sure that because some behaviors I mean 316 00:36:00.440 --> 00:36:07.559 on Twitter or other social nitias can actually have devastating hippics on people his Twitter, 317 00:36:07.719 --> 00:36:10.880 doing something about it? Or would you be willing to engage with other 318 00:36:10.920 --> 00:36:16.800 players? Actually an orange, we do a lot in that space. I 319 00:36:16.880 --> 00:36:22.719 mean, that's true. I think I think you know, Twitter is for 320 00:36:22.800 --> 00:36:27.480 sure willing to engage with others. Um And, as I said, the 321 00:36:27.559 --> 00:36:31.599 overarching goal is to have Twitter be a force, a positive force for civilization. 322 00:36:32.159 --> 00:36:37.239 And um, you know, so and and and and if you're on 323 00:36:37.360 --> 00:36:42.159 the platform and you're being harassed or bullied or whatever, obviously that's a negative 324 00:36:42.199 --> 00:36:46.719 experience. Um so, Um, so you know what we're doing is it's 325 00:36:46.840 --> 00:36:52.440 we call it sort of freedom of speech but not freedom of reach, which 326 00:36:52.559 --> 00:36:54.960 is that if you yes, you can say offensive things, but then your 327 00:36:55.000 --> 00:37:01.159 content is going to get downrated. So if you're a jerk, your your 328 00:37:01.280 --> 00:37:10.559 richual drop. So yeah, I think that's the right thing. And also, 329 00:37:10.639 --> 00:37:15.280 and I don't know if you will be competing with gar to launch the 330 00:37:15.519 --> 00:37:22.719 future fragrance forms and the Brian mask, so you have to compete very hard. 331 00:37:23.320 --> 00:37:29.679 But maybe you know I know that you had already the launch, but 332 00:37:30.199 --> 00:37:32.400 there is never the DJL, so you can put your question all right. 333 00:37:34.360 --> 00:37:37.760 Um, first of all, in the name of the thank you very much 334 00:37:37.800 --> 00:37:42.800 for being here. Is a co host of your attacked and it's it's great 335 00:37:42.840 --> 00:37:49.119 to have you unwelcome, all right, So change of subjects from Twitter. 336 00:37:50.159 --> 00:37:53.679 Um. At LVMH, our oldest mission is called Claude lambre I saw you 337 00:37:54.119 --> 00:37:59.239 enjoyed good wine? Yeah? Um, it's six hundred and fifty years old. 338 00:37:59.280 --> 00:38:05.039 Wow. Lui Viton was founded in eighteen fifty four. Our most ancient 339 00:38:05.199 --> 00:38:09.840 American missle, Tiffany, was founded in eighteen thirty seven. The sum of 340 00:38:10.000 --> 00:38:15.760 the years of existence of all our misson at LVMH is eight thousand, three 341 00:38:15.880 --> 00:38:21.280 hundred and ninety three years old. Wow. Testinize a teenager, right, 342 00:38:21.360 --> 00:38:25.360 yeah, nineteen nineteen years old and its market cap is already higher than LMH. 343 00:38:27.159 --> 00:38:35.039 So it's a question of age. Yeah. First question, first question, 344 00:38:35.119 --> 00:38:38.199 how much longer are you going to make us look so bad? A 345 00:38:38.280 --> 00:38:42.159 second question, more serious, do you feel the creation of value is more 346 00:38:42.239 --> 00:38:50.880 challenging in traditional or innovative business. Well, first of all, it's honored 347 00:38:50.880 --> 00:38:57.599 to be here and speak with you, so thanks for having me. You 348 00:38:57.679 --> 00:39:01.559 know, evaluations are our strange thing because you know, sometimes I've said, 349 00:39:01.559 --> 00:39:04.880 hey, I think the stock price is too high. It tells that, 350 00:39:04.960 --> 00:39:07.519 and then the stock price goes up. I'm like, okay, um, 351 00:39:07.880 --> 00:39:13.639 so if you eat, you tweet easy going up down? No the crazy 352 00:39:13.719 --> 00:39:17.079 thing. I mean when I've treated I think the stock price is too high, 353 00:39:17.079 --> 00:39:22.480 almost always it goes up. So I don't know, it's it's racing. 354 00:39:22.599 --> 00:39:27.360 So I guess in the case, it tells if the the really the 355 00:39:27.800 --> 00:39:35.079 value of the company is primarily on the basis of autonomy. So in my 356 00:39:35.159 --> 00:39:37.960 opinion, um, because if you look at our total vehicle output, it's, 357 00:39:38.119 --> 00:39:42.840 um, you know, it'll be almost two million vehicles this year or 358 00:39:42.880 --> 00:39:46.599 something like that. Um. But that's that's still only two percent of total 359 00:39:46.719 --> 00:39:50.719 vehicle production. So then why is our market cap so high? And it's 360 00:39:50.760 --> 00:39:58.079 because the potential for autonomy. Um? Is that the value of autonomy it's 361 00:39:58.119 --> 00:40:04.000 so high, UM that even even if you have a discount of percentage probability 362 00:40:04.159 --> 00:40:09.960 of autonomy happening that is still incredibly valuable. So the average passenger car is 363 00:40:10.400 --> 00:40:14.239 used only about ten hours a week, so an average about one and a 364 00:40:14.280 --> 00:40:19.039 half hours a day. But if you have an autonomous robotaxi, the utility 365 00:40:19.360 --> 00:40:22.880 might be fifty or sixty hours a week out of one hundred and sixty eight 366 00:40:22.960 --> 00:40:27.159 hours. So now you've got a vehicle that costs the same but has five 367 00:40:27.239 --> 00:40:32.280 times the utility. So it's so gigantic a change that that's really i think 368 00:40:35.000 --> 00:40:38.679 the main driver of our value. And although I've said this before, I 369 00:40:38.760 --> 00:40:45.199 think we will solve autonomy soon. Did you expect that the Tesla will be 370 00:40:45.360 --> 00:40:50.519 at this level of market gap? No, I did not expect t would 371 00:40:50.519 --> 00:40:57.119 be at this level of marketa because you get your extraordinary and fair either way. 372 00:40:58.000 --> 00:41:00.719 I mean, I don't set the price, so you don't said maybe 373 00:41:00.800 --> 00:41:07.800 just another quick question. I tried mid Journey the other day. Journey Journey 374 00:41:07.840 --> 00:41:10.880 is amazing, right, and I asked the software to make it. If 375 00:41:10.880 --> 00:41:15.840 you don't advertising campaign with only two words, So here it's a bad question 376 00:41:15.920 --> 00:41:21.199 for you movie right if you if you want to put me out of a 377 00:41:21.400 --> 00:41:29.000 job. That was my question. Do you feel this advertising production industry is 378 00:41:29.039 --> 00:41:37.280 going to be threatened by AI. Be careful, not at all. It's 379 00:41:37.360 --> 00:41:44.159 totally safe. I mean, AI is definitely going to be a massive disruptive 380 00:41:44.199 --> 00:41:50.079 force. I mean, AI is probably the most disruptive technology ever. I 381 00:41:50.159 --> 00:41:53.079 mean. The crazy thing is that, you know, the the advantage that 382 00:41:53.199 --> 00:41:58.000 humans have is that we're smarter than other creatures. Like if we got into 383 00:41:58.039 --> 00:42:00.440 a fight with a gorilla, the gorilla would define would be one. But 384 00:42:00.559 --> 00:42:05.199 we're smart. So but now, for the first time, there's going to 385 00:42:05.239 --> 00:42:08.760 be something that is smarter than the smartest human, like way smarter than the 386 00:42:08.800 --> 00:42:14.079 smartest human. And as you can see from a journey, the art that 387 00:42:14.159 --> 00:42:17.199 AI can create is incredible. It's so beautiful and it does it, you 388 00:42:17.280 --> 00:42:27.159 know, within seconds. So we're at I mean, I think, you 389 00:42:27.239 --> 00:42:30.639 know, there's that sort of saying, may you live in interesting times, 390 00:42:30.079 --> 00:42:35.079 which I think is like not exactly a good thing sometimes, but it would 391 00:42:35.079 --> 00:42:38.960 we actually live. I think we live in the most interesting of times the 392 00:42:39.079 --> 00:42:45.360 advent of AI. And I actually thought to myself at one point like should 393 00:42:45.920 --> 00:42:47.480 you know I would I really want to be alive at this point, like 394 00:42:47.559 --> 00:42:53.559 let's say that there is some AI Onlmageddon that happens some sort of AI apocalypse. 395 00:42:54.599 --> 00:42:57.599 I think I would still be want to be alive at this time to 396 00:42:57.679 --> 00:43:02.599 see it and hopefully, you know, hopefully not not create cause it. 397 00:43:02.960 --> 00:43:10.119 Um. But it's it's just a I think we live in an extremely interesting 398 00:43:10.679 --> 00:43:15.639 time, you know, because the things that you see AI being able to 399 00:43:15.679 --> 00:43:19.719 do now, it's going to do much more with each passing year. Um. 400 00:43:20.320 --> 00:43:23.679 Cars will absolutely drive themselves better than any person could drive. Um, 401 00:43:25.199 --> 00:43:32.519 we'll have humanoid robots. Um Like so tess Us developing a humanoid robot um 402 00:43:34.239 --> 00:43:37.639 you call it the T eight hundred. It's uh, yeah, some people 403 00:43:37.639 --> 00:43:47.960 will get that drug. Um it's a terminator um. So that yeah. 404 00:43:49.599 --> 00:43:52.119 Um. But but if if you if you like, say, what isn't 405 00:43:52.119 --> 00:43:55.440 it what is an economy? An economy is gdpoper capita times capita. Now 406 00:43:55.519 --> 00:43:59.679 what happens if you don't actually have a limit on capita, if you if 407 00:43:59.719 --> 00:44:05.840 you have an unlimited number of uh sort of people or robots. Um, 408 00:44:07.360 --> 00:44:10.119 It's it's not clear what meaning an economy has at that point because you have 409 00:44:10.639 --> 00:44:16.079 an unlimited economy effectively um so so like on the good side of the plus 410 00:44:16.119 --> 00:44:20.440 side of AI, is that I think we are heading for an age of 411 00:44:20.480 --> 00:44:27.599 abundance where any goods and services that you want you can just have um. 412 00:44:28.840 --> 00:44:32.920 So that's the that's the that's the the positive side of of of AI futures 413 00:44:32.960 --> 00:44:37.800 and age of abundance from the advance side inside, they say that we are 414 00:44:37.920 --> 00:44:43.400 using AI sis many years and it is helping us a great deal. And 415 00:44:44.400 --> 00:44:49.280 this tool that we are already using and they think it would be helping us 416 00:44:49.480 --> 00:44:57.559 to do even faster some very good ad It will be probably long time before 417 00:44:57.880 --> 00:45:02.440 they replace the creative minds a Smitha. Maybe you have an opinion on that, 418 00:45:02.639 --> 00:45:09.280 and maybe you can Asmitha is the CDEO of loyal and she knows a 419 00:45:09.360 --> 00:45:15.239 lot about digital, so maybe you can tell us a little bit about advertising 420 00:45:15.360 --> 00:45:20.679 and AI and put your question to Elan. Yeah, so I'll pick up 421 00:45:20.719 --> 00:45:23.840 from advertising and from what you said before about Twitter. So now we know 422 00:45:23.960 --> 00:45:29.679 that Twitter is expensive and we know that it aims to have free speech. 423 00:45:30.559 --> 00:45:37.079 The question I have is about winning the advertiser's trust to be a preferred social 424 00:45:37.199 --> 00:45:43.119 media platform in the current context where the expected revenue you know, in twenty 425 00:45:43.199 --> 00:45:46.239 twenty three is lower than twenty twenty two, you have brought in new leadership, 426 00:45:46.360 --> 00:45:52.000 Linda, So I wanted to know that how will we win that trust? 427 00:45:52.079 --> 00:45:55.840 And will Linda have the time, the support, the freedom because she's 428 00:45:55.840 --> 00:46:00.880 an advertising expert, so will she be able to manage the situation and how? 429 00:46:01.920 --> 00:46:07.719 Yeah, I think I think Linda is great. Um So, I 430 00:46:07.800 --> 00:46:12.960 think Linda is going to do amazing things for core Twitter. UM and obviously 431 00:46:13.440 --> 00:46:19.880 understands where advertisers are coming from, very deeply understands the concerns that advertisers have, 432 00:46:20.159 --> 00:46:23.239 and I think we'll do a great job in addressing those concerns. Um. 433 00:46:24.239 --> 00:46:30.119 You know, A key part is um you know, say like, 434 00:46:30.280 --> 00:46:32.239 if you're an advertiser, what content do you want to appear next to? 435 00:46:34.079 --> 00:46:37.000 And depending upon what advertiser, you know, the sensitivity of the brand. 436 00:46:37.559 --> 00:46:42.760 Um. If you're, for example, say Disney and you're advertising a children's 437 00:46:42.840 --> 00:46:45.519 movie, then you want to have you know, all ages content you know. 438 00:46:46.280 --> 00:46:50.039 Um and by the way, Disney is one of our biggest advertisers, 439 00:46:50.679 --> 00:46:57.079 so um so so. So it's really just making sure that the content adjacentcy 440 00:46:57.559 --> 00:47:04.079 matches what a brand has come POWs and then in some cases where the content 441 00:47:04.320 --> 00:47:07.039 is like you know, there's not going to be any advertising because nobody wants 442 00:47:07.079 --> 00:47:09.360 to advertise next to it, and that's going to be some of the more 443 00:47:09.360 --> 00:47:15.119 controversial stuff. Um yeah, follow up on that, you know, because 444 00:47:15.159 --> 00:47:20.559 we were talking about content. You have just made the announcement that there will 445 00:47:20.599 --> 00:47:24.119 be ad revenue sharing for creatures. Yes, yeah, and that has a 446 00:47:24.199 --> 00:47:30.039 condition. It will be done when they are verified Bluetic creators and the advertising 447 00:47:30.320 --> 00:47:34.440 is to verified blue ting users. Yes. Now, if with that, 448 00:47:35.679 --> 00:47:39.639 how how does that impact your focus on subscription revenues because to be blue Tage, 449 00:47:40.320 --> 00:48:46.599 you know, there's a subscription versus advertising revenues focus. To find out 450 00:48:46.679 --> 00:48:52.519 more or to purchase this trunk map, click the link in the video description 451 00:48:52.079 --> 00:48:59.920 or click the link in the pin comment below. Yeah. So a big 452 00:49:00.119 --> 00:49:02.079 part of like when you say, like, say, how many impressions does 453 00:49:02.119 --> 00:49:06.320 something get? You say like, well, were those impressions real or not 454 00:49:06.440 --> 00:49:10.760 real? You know, was it you know, a computer just running one 455 00:49:10.840 --> 00:49:15.400 hundred thousand fake accounts, Because that obviously doesn't count because the computer is not 456 00:49:15.440 --> 00:49:22.639 going to buy anything. So that's why our focus is on on verified users, 457 00:49:22.760 --> 00:49:28.920 because we are admittedly conflating verification and subscription at Twitter. So you could 458 00:49:28.920 --> 00:49:32.599 see like verified subscriber or something like that. That's not it's not possible to 459 00:49:32.679 --> 00:49:36.840 game that. So you know it's real, you know it's solid, and 460 00:49:36.920 --> 00:49:42.199 you know it's not a computer. So that's why it's that that's why we're 461 00:49:42.280 --> 00:49:46.119 focused on that is to ensure the authenticity of the views and that it really 462 00:49:46.719 --> 00:49:52.400 that real people are seeing what's going on. I mean, the sheer amount 463 00:49:52.400 --> 00:49:57.440 of bot and scam and spam activity and social media is insane um. And 464 00:49:57.599 --> 00:50:00.719 we're talking about AI. It's very obvious that, especially with today's AI, 465 00:50:01.639 --> 00:50:07.400 the computers can pass every like are you a human test? In fact, 466 00:50:07.480 --> 00:50:10.519 I think they can pass all your human tests better than a human, you 467 00:50:10.639 --> 00:50:14.920 know, sort off you say, like identify a traffic light or something like 468 00:50:14.960 --> 00:50:16.719 that. Okay, let me tell you Tessa can identify a traffic light. 469 00:50:17.360 --> 00:50:22.800 So if we're you know, and but even like open source AI stuff right 470 00:50:22.840 --> 00:50:27.360 now can pass all of the human tests. So you have to have something 471 00:50:27.480 --> 00:50:36.880 that there's better authentication than that. Yeah. Yeah, I think that contridence 472 00:50:37.679 --> 00:50:43.639 and trust is something which we lose fast and that we regain slowly. I 473 00:50:43.760 --> 00:50:50.679 have no adapt personally that Twitter will gain back to trust provided that you do 474 00:50:50.880 --> 00:50:52.480 the right thing, and I'm sure that you will do the right thing. 475 00:50:52.679 --> 00:51:00.119 So it is something which is probably just a hica into time, but you 476 00:51:00.239 --> 00:51:05.800 need to do the writing, and I'm sure that you will do it. 477 00:51:06.079 --> 00:51:17.679 I have two small questions, one which is regarding Ukraine. You have helped 478 00:51:19.440 --> 00:51:23.679 enormously Ukraine at the beginning with starlings, and I think we owe you a 479 00:51:23.840 --> 00:51:37.800 lot because without access access through internet and without access to communication, the war 480 00:51:37.960 --> 00:51:45.760 would have been finished. What is your take on that experience? Yeah, 481 00:51:45.880 --> 00:51:53.400 that was I mean that whole situation was very complex. Um, no kidding, 482 00:51:54.800 --> 00:52:00.320 Yeah, it's really really complex. Um. Um. As you out, 483 00:52:00.719 --> 00:52:06.039 Starlink did play play a provo pivotal role um because Russia had actually taken 484 00:52:06.079 --> 00:52:08.800 out all of the satellite communications and all of the ground communications except for Starlink 485 00:52:08.960 --> 00:52:13.719 was the only one that was still operating. Um and even today it is 486 00:52:13.719 --> 00:52:16.559 still the only one that is effective at the front lines. And Starlink today 487 00:52:16.679 --> 00:52:23.840 is the backbone of the Ukrainian military communications. UM. So you know, 488 00:52:23.880 --> 00:52:32.239 I thought it was important to help out um. And but I but I 489 00:52:32.559 --> 00:52:38.400 do, I do hope for some kind of resolution soon because I think it's 490 00:52:38.480 --> 00:52:45.760 it's it's terribly sad that that's the flower of the youth of Ukraine and Russia 491 00:52:45.840 --> 00:52:50.760 who don't want to be there. Um, that they're dying in trenches right 492 00:52:50.800 --> 00:52:53.400 now, and I sure hope we can figure out some means to peace soon. 493 00:53:02.480 --> 00:53:08.960 The last question is going back to this crown. You have a lot 494 00:53:09.039 --> 00:53:15.320 of startupers, You have a lot of young people who want to be successful. 495 00:53:16.639 --> 00:53:22.039 What are the two or three pieces of advice that you would give them? 496 00:53:22.440 --> 00:53:28.760 Well, you have a question over there? Yes, uh, do 497 00:53:28.920 --> 00:53:34.559 we have a microphone? Because alone has accepted to take question from the floor, 498 00:53:37.360 --> 00:53:54.920 shout out a microphone, an, I go, you have the mic? 499 00:53:55.320 --> 00:54:01.079 You go, yes, I don't know why you got the mic, 500 00:54:01.360 --> 00:54:20.599 but please go right. Question companies projects, short question. Companies a lot 501 00:54:20.719 --> 00:54:30.480 better on Mars. It's really hard to make a feedback on Mars. It's 502 00:54:30.199 --> 00:54:42.599 easier election. Yeah yeah, I mean, um, okay, yeah, 503 00:54:42.840 --> 00:54:47.239 give them my mike. Yeah yeah, I mean me and Mars should get 504 00:54:47.239 --> 00:55:00.400 a room. Basically, I love Mars. Okay mm hmm no, no, 505 00:55:00.400 --> 00:55:02.719 no, no, now I want that you gave the mike. Sorry, 506 00:55:02.760 --> 00:55:07.960 guys, uh was there? Okay, sorry, what's the question? 507 00:55:08.119 --> 00:55:13.199 What's is the question? My name is NAO co founder and CEO at click 508 00:55:13.280 --> 00:55:17.079 Out. We make ai tiny so tast lies one of our targets. We 509 00:55:17.280 --> 00:55:22.920 love to work with you all. H and my husband is actually extra movie 510 00:55:22.000 --> 00:55:29.199 line. Who currently the infrastructure on MS? Okay? Okay? Sure? 511 00:55:30.440 --> 00:55:45.159 Oh oh okay, one last question? Yeah whatever, yeah, okay, 512 00:55:45.960 --> 00:55:51.639 however long you want to do it? Now? Yeah? Totally crazy at 513 00:55:51.800 --> 00:56:19.280 ze yeah, um structure? Sure that's great. So well, I think 514 00:56:19.360 --> 00:56:22.639 I think you'd want to have a very good mental health on a trip to 515 00:56:22.760 --> 00:56:27.599 Mars. Uh. Make sure everyone's sane, because you don't want someone opening 516 00:56:27.639 --> 00:56:30.840 at the airlock in the middle of the night. Um. So, I 517 00:56:30.920 --> 00:56:35.400 think sanity is very important. Uh, if you're going to Mars, don't 518 00:56:35.400 --> 00:56:38.159 you plum me at home? Plum me at home? Now? I thought, 519 00:56:38.159 --> 00:56:42.400 they don't you pending me co cups? Don't you pining me? I 520 00:56:42.440 --> 00:56:49.559 thought, but please, We're just gonna descend into chaos. Uh, I 521 00:56:49.719 --> 00:56:55.840 just take it, okay, you would get okay? How is he? 522 00:56:57.960 --> 00:57:01.280 Okay? Okay, thank you, Sir Nathaniel at command from Okay, I 523 00:57:02.199 --> 00:57:08.360 think we're gonna just it's gonna be chaos, can you hear me? I 524 00:57:08.480 --> 00:57:20.400 thought the public laz Hey, great, T shirt. So you talked about 525 00:57:20.679 --> 00:57:28.360 the European Regulation ELAN, and you know that there have been many amendments due 526 00:57:28.400 --> 00:57:36.360 to LM deployment. Do you think how can we integrate to use an actual 527 00:57:36.559 --> 00:57:43.960 use of this LEM in a non controlled way in the current discussion? Can 528 00:57:44.039 --> 00:57:52.000 you make atlation? Thank you? You're asking about LM us Okay just a 529 00:57:52.079 --> 00:57:58.320 second, no, please, I will answer the question. It wasn't about 530 00:57:58.360 --> 00:58:02.599 safety, safety and LMS or so I didn't hear the whole question. It's 531 00:58:02.639 --> 00:58:09.840 like safe application of LMS or what is it? The regulation at the rogan 532 00:58:09.960 --> 00:58:17.360 level was conceived when we do not talk about LLS. So what would you 533 00:58:17.639 --> 00:58:30.480 integrate in the current reiation level to integrates the l and okay and and protect 534 00:58:30.679 --> 00:58:37.239 from the use okay each sure, okay, when the regulation has been created, 535 00:58:37.559 --> 00:58:44.920 LLM didn't exist. So what would be your suggestion regarding regulating LMS. 536 00:58:45.559 --> 00:58:52.840 Well, I think more broadly, UM there should be UM regulatory insight into 537 00:58:52.280 --> 00:58:58.159 LMS and really any other form of AI. I mean there's I'm not sure. 538 00:58:58.800 --> 00:59:02.760 I don't think lms are the ultimate UM form of AI. UM I 539 00:59:02.800 --> 00:59:06.679 mean the sort of an inside joke on AI of like, who do you 540 00:59:06.719 --> 00:59:12.199 think will be the American president in twenty thirty two? Diffusion or transformers. 541 00:59:15.320 --> 00:59:19.519 There's an inside jokes, but yeah, it's like what does that mean? 542 00:59:21.079 --> 00:59:23.920 Um? But that like might be a real It might be real. UM. 543 00:59:24.639 --> 00:59:31.880 So yeah, so we'll have just the two latest question one here and 544 00:59:32.119 --> 00:59:43.199 one in that way journey, So go ahead, see it off. I 545 00:59:43.280 --> 00:59:46.880 mean now if we don't listen to the question, will we not be able 546 00:59:46.920 --> 01:00:00.440 to continue? Well? Every every year? My question is what present young 547 01:00:00.559 --> 01:00:10.840 people focus on? UM? Sure? Uh, well, I think generally, 548 01:00:12.239 --> 01:00:16.360 I think it's important to focus on something ahead. Sorry, I think, 549 01:00:17.800 --> 01:00:22.320 UM, you want to focus on something that you are personally passionate about, 550 01:00:22.360 --> 01:00:25.800 that you personally care about. UM. It's very hard to be motivated 551 01:00:25.920 --> 01:00:30.679 for a product that you don't really feel strongly about. UM. And it 552 01:00:30.760 --> 01:00:34.880 doesn't have to be high tech. It could be in any in any field. 553 01:00:35.039 --> 01:00:39.159 It's just it's got to be a product that you feel is really needs 554 01:00:39.199 --> 01:00:43.440 to be there. That that and and something that you personally love UM. 555 01:00:44.360 --> 01:00:46.119 And I would listen to your instincts on on you know, do you do 556 01:00:46.199 --> 01:00:51.800 you love this product or service? Um? Because it's it's kind of impossible 557 01:00:51.840 --> 01:00:53.920 to know what do other people love. But if you love it, that's 558 01:00:53.960 --> 01:01:00.559 a good sign, um and um. And that could that could be small 559 01:01:00.639 --> 01:01:04.280 to large any kind of any field. It's it's just not be have to 560 01:01:04.280 --> 01:01:07.519 be high tech. But if you don't love, if you if you don't 561 01:01:07.599 --> 01:01:10.079 really love the product that you're making, if you can't like, a good 562 01:01:10.119 --> 01:01:14.920 test would be that you can't wait for this product to be on the market. 563 01:01:15.360 --> 01:01:17.880 And if that's the case, you're you're going in the right direction. 564 01:01:21.039 --> 01:01:31.000 Great. Uh. Now the last question we have uh, we have a 565 01:01:31.199 --> 01:01:45.880 French I don't know, we have a French say which is you're now and 566 01:01:45.000 --> 01:01:52.280 now i'd get that wait wait no, now you you now? The kids? 567 01:01:55.360 --> 01:02:19.079 I know it's if I've moved you get that post to post? No, 568 01:02:19.239 --> 01:02:28.519 no to post. And he's very excited. When will when on pain 569 01:02:28.639 --> 01:02:37.960 that peopill be able to start testing in our Victoria? Sure well, um, 570 01:02:38.559 --> 01:02:42.639 certain, senor link is um. First of all, I want to 571 01:02:42.719 --> 01:02:45.599 shore everyone if you may be worried about neural link that um you will see. 572 01:02:46.119 --> 01:02:50.400 Uh. Neural link is going to be a fairly slow process because anything 573 01:02:50.440 --> 01:02:53.800 that's done in humans it's very slow. So sometimes people think that this suddenly 574 01:02:54.000 --> 01:02:58.519 we're gonna be chipping out one's head and then before they know it, everyone's 575 01:02:58.559 --> 01:03:02.239 connected to the internet, and then we're trouble with your brain. So it's 576 01:03:02.280 --> 01:03:06.840 going to happen very slowly. Hopefully later this year, we'll do our first 577 01:03:07.519 --> 01:03:13.719 human device implantation, and this will be for someone that has sort of tetraplegic 578 01:03:13.800 --> 01:03:19.360 quadriplegic, does not have has lost their connection from their their brain to their 579 01:03:19.400 --> 01:03:22.599 body m and we think we should be able to that person will be able 580 01:03:22.679 --> 01:03:29.880 to communicate as fast as someone who has a fully functional body. So that's 581 01:03:30.000 --> 01:03:31.519 going to be a big deal. And we and we see a path beyond 582 01:03:31.639 --> 01:03:37.159 that to actually transfer the signals from the motor cortex of the brain to pass 583 01:03:37.239 --> 01:03:43.360 the injury in the spinal cord and actually enable someone's body to be used to 584 01:03:43.440 --> 01:03:52.280 gain so essentially shunting the signals past the broken point and restore potentially full full 585 01:03:52.320 --> 01:03:58.960 body used to someone that has completely lost the connection. And I mean you 586 01:03:59.000 --> 01:04:01.960 can imagine like if say Stephen Hawking were live today, what a profound change 587 01:04:02.000 --> 01:04:08.639 that would be. Um and UM. So that's our first application and uh, 588 01:04:09.320 --> 01:04:14.480 if it's looking like that, the first case will be later this year. 589 01:04:15.639 --> 01:04:29.679 So yeah, fantastic. Now I would die a very very warm rows 590 01:04:29.719 --> 01:04:40.119 of a flows to a match, so that sounds good, all right, 591 01:04:40.840 --> 01:04:53.400 any no, okay, thank you, thank you, thank You's wanna say, 592 01:04:53.400 --> 01:04:57.039 you guys are great? You guys are I mean, it's it's so 593 01:04:57.159 --> 01:05:00.559 inspiring to see so much energy and so much positive energy in the room. 594 01:05:00.679 --> 01:05:09.119 So uh, this is a very aspiring for the future. Thank you, 595 01:05:11.000 --> 01:06:17.039 thank you, Okay, thank you. To find out more or to purchase 596 01:06:17.159 --> 01:06:23.039 this trunk map, flick the link in the video description or trick the link 597 01:06:23.239 --> 01:06:24.559 in the pin common below.