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Speaker 1: Latest interview of Elon Musk.

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Speaker 2: All Right, everybody, we have a very special guest. Listen,

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we love all of you. This is this is the

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most amazing room of innovators in America. We love you all.

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It's a dinner of equals. But there can only be

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one number one.

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Speaker 1: We do. We're Forbes.

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Speaker 2: We do rank things, and the Forbes two point fifty innovators.

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The number one innovator and it wasn't that close, to

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be honest, was Elon Musk. So and we are very

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honored to have him join us. Elon, are you here?

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Speaker 1: Oh, we're glad that you're glad that you're here. Thank you.

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There he is.

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Speaker 3: You my ranking things, It's true we do.

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Speaker 1: We're good at it.

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Speaker 2: And again, first congratulations, it was not that close. There

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were a lot of there were a lot of battles

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in a lot of places, but number one was not

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in doubt. But anyway, this is a room of your people. Yeah,

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well does there there's a room of your people. I

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will say they were asking the first question, and we

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want we want to get really nerdy about innovation. The

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first question though, that everybody was asking, is all right,

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ask Elon.

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Speaker 1: We had one of the.

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Speaker 2: Great case cases in the world of innovation over the

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last few weeks.

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Speaker 1: What's Elon's verdict on the verdict today? Uh? That that

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that the case in Oakland?

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Speaker 2: Yes, oh what are you doing?

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Speaker 3: Yeah?

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Speaker 4: Guess uh, Well, they basically just decided that the Stafford

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patients have passed. They did not actually river depending on

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the web you know, that have been unused or should

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or chat in stolen, which I think obviously their case. So,

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but I do think it's somewhat of a bivious situation

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because you know, what happened was by degrees, I mean,

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it wasn't it wasn't stolen once it was stolen one

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of these at the time. And so we have to say, like, well,

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was there really even a basis for legal action before

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you know, the proper to the spell and I don't

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think there is actually, so you know, like the first step,

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I believe the point because the first step into adding

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a full profit thing how to cap for profit and

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was at a small scale.

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Speaker 3: And also that.

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Speaker 4: All start to revert to the charity upon the inventure

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of appleple intelligence that.

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Speaker 3: That closes not been remote so it will continue to

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be a full.

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Speaker 4: Profit after developing official general intelligence that removal was quite recent,

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just in the last few weeks.

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Speaker 3: So it is at this point is it is?

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Speaker 4: It is whatever an eight hundred million dollar full profit

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company somehow from a nonprofit. And I think this is

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a dangerous precedent to set because if it means that

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someone can start take money as a nonprofit convote that

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to a full profit when it's successful, it underminds all

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charitable getting in America.

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Speaker 2: It certainly would you see a lot of people starting

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to start nonprofits with the path towards for profit.

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Speaker 3: Exactly what do you got to lose?

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Speaker 2: Exactly what you said on next to your appealing optimistic

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about the appeal.

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Speaker 3: Yeah, I think we necessarily have to appeal because.

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Speaker 4: This will this will become precedent, you know which people

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can actually then essentially allude to charities and use this

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as a as a basis for doing so, which I

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think would be reful.

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Speaker 1: Let's uh, let's talk innovation. Your your title we have

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up here.

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Speaker 2: I mean again, you're the CEO of four major companies,

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even those companies have major companies within those companies.

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Speaker 1: Was this was this part of the plan or did

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it just happen.

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Speaker 4: More or let's just happen I mean, well, let let's

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just say that when I was in college, I wanted

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to be part of things that would change the world

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in a significant way. I didn't originally think I wanted

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to be doing things in AI because a I was

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somewhat of a double edged sword.

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Speaker 3: But I did want to.

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Speaker 4: Accelerate the transition to sustainable energy economy, which is the

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sort of electric car as solar and batteries. And you know,

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I think some some kind of brain machine interface, uh

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that can give you cybernetic superpowers I think is probably good.

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It could you know, help people that have brain or

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spine injuries, you know, restill enable people who have spoken

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for years to speak again, which is which we've done.

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Give people eyesight who have lost both eyes of the

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optic nerve or maybe have never even seen at all,

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blind from both.

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Speaker 3: By direct interface to the.

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Speaker 4: The optical centers in the brain, you can actually restore eyesight,

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will give people, I say, have ful and you can

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enable people to walk again, which I think is profound.

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I mean these are kind of Jesus level things, you know,

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like let's say, like when technologists are hitting like Jesus

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level miracles, you know, like that's pretty good.

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Speaker 1: How do you.

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Speaker 2: How do you again, it's asked a lot, but it's

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it's fun to ask it to you. How do you prioritize?

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I mean, because you're right, you've got you multiple deities here.

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If it's if these are Jesus level solutions, which one?

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Which one do you serve?

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Speaker 1: Users? Level?

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Speaker 2: Like?

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Speaker 3: Okay, pretty good? So and then and the space X

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is about.

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Speaker 4: Making life multiplanetary, expanding consciousness to the stars, and hopefully

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we will make a fundamental breakthrough lated this year, which

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is how the first fully reusable orbital rocket, which is

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necessary in order to transport enough tonnage to the moon

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of Mars to create a self uh, a self growing

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city basically to extend civilization to an other planets. I mean,

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I think probably you need to move a rough order

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of magnitude about a million tons to the Moon or

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to Mars to create enough of an of an industrial

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base to have have the civilization there be self growing,

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meaning like the acid test being if the resupply shifts

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from Earth stopped coming for any reason, does it does

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the the civilization on the movement of Mars continue to

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grow or does it die out? And I think I

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think that's that's a fundamental branching point in the future

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of civilization or are we a multiplanet space baring civilization

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or are we stuck on one planet forever? And I

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do want emphasize that like being a multiplanet the civilization

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is it doesn't mean like we leave Earth and go

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somewhere else, because that would just be a single planet

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civilization somewhere else, right, and a loveer place probably, yeah,

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and a tougher place to live than than here. By far,

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Earth is extremely easy and comfortable compared to the Moon, Mars,

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or pretty much anywhere else. But you know, I think,

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I think at some point we want to be a

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space PreK civilization.

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Speaker 3: We want to be out there among the stars and

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and and be Yeah.

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Speaker 1: So these again, these are huge, huge things you're dealing with.

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Speaker 2: So when you try to figure out when you get

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up every morning, is it just kind of like a

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buffet or is it do you have kind of a

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plan on what you're going to what you're gonna focus on,

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because that's something that a lot of innovators here have

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to deal with on a much smaller scale.

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Speaker 4: Well, uh, I guess I don't really Uh, I don't

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really get up and say Hey, what shall I innovate

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today in a type of thing.

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Speaker 3: It's really just.

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Speaker 4: Both building the technology is necessary to extend life beyond Earth.

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There's you know, there's this, there's the Stalling Internet, where

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just rebuilding the entire Internet in space but better you know,

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I guess that's kind of pretty cool. There's yeah, the

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optimist robot that we're developing, a Tesla, the self driving cars,

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lower power scale, you know.

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Speaker 1: Big stuff.

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Speaker 2: A lot of again, they're all pointy. A lot of

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them are pointing to becoming an interplanetary Is there is

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there a time when you could see again putting these

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companies together and just running one big company. I mean,

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somebody you have a portfolio, but do you envision that

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would and would that help you in terms of making

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any things mesh?

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Speaker 1: Well?

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Speaker 4: It it's difficult for me to to sort of comment

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on that, you know, because you know there's publicly traded

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companies and publicly traded ones you know about to be

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so it would be like difficult to you.

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Speaker 2: No problem, We'll move on. We did the you know,

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the reports today that you might follow your space x

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S one this week?

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Speaker 1: Is that that a go?

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Speaker 3: I think I'm not allowed to comment on these things.

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Speaker 1: That's like a period or something to that effect.

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Speaker 2: That that is the that is the beauty of going

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public or being in that quiet period. Do you have

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a favorite of all your we know what you love,

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all you love, all your your children, all your companies.

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Speaker 1: Is there a favorite among your companies? Well?

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Speaker 4: No, I mean I'm not really gonna say that's like

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what's your favorite kid type of thing? You know, I like,

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you can't really say that.

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Speaker 1: You know.

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Speaker 2: What if it's not your favorite company. Who's your favorite

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role model as an innovator historically?

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Speaker 4: Well, I guess you know, I'm obviously a big fan

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of Nicola Tesla since uh named the company after him.

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Speaker 3: But also I also, like, you know, I don't know

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Edison is great too, like some people like them.

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Speaker 4: I don't like Edison. I think some pretty impressive stuff,

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and like Neural Electric is like Edison's company. That's I mean,

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I certainly admired like great scientists, engineers, but I like anyone.

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I mean, you know, Ben Franklin, Uh, Shakespeare, Newton.

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Speaker 1: Uh.

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Speaker 2: You know, we did aspects, we did we surveyed historians,

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and so you were number one on the two fifty

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Living List. We did a two fifty oracle on the

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top three were Edison, you said, Franklin and Henry Ford.

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So you've you know, you're we should have had you

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as a judge.

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Speaker 4: Uh was actually more something people realize because I mean

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he basically invented mass manufacturing of of complex objects.

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Speaker 3: Like people didn't really know how to do that before

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before Ford.

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Speaker 4: Yes, and like Ford actually created the automotive industry, uh

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of earth really and uh because because he he pretty

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much started what became General Motors and then he kind

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of got, I don't know, kicked out of that or

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something and then started uh Ford Motor Company and uh

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and and really developed mass manufacturer complex objects.

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Speaker 3: It's quite quite a tricky thing. And then everyone just

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pretty much copied him.

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Speaker 2: What's what's amazing if you look at the historicalists and

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even the current list, is just how much innovation comes

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out of America and how much of the things that

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everyone takes for granted came out of America. Do you

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have a do you have a favorite animator who's living today?

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Besides you know, anybody in this room or anybody who

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are who are some of your favorite entrepreneurs, innovators you admire?

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Speaker 1: Who who are your contemporaries.

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Speaker 4: Now, well, uh hmm, I mean I guess, uh, I mean,

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I don't really think about these things that much, but

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h well, I mean I guess.

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Speaker 1: Uh.

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Speaker 4: You know, Jensen long Ad and videos like drink pretty

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great in terms of uh inventing you know, developing ANI computers, and.

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Speaker 2: Well you may you must say you mentioned Jensen and

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uh and you were early uh warning about the danger

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of AI. But also you've been you know, a somebody

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who's helping pioneer a lot of great things that come

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out of AI. Right now, Where are you on the

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scale about being petrified or excited?

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Speaker 4: Well, I think I'm like so simultaneously both, Honestly. It's like, uh,

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I mean, at this point, like like when I go

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to sleep, there's like some AI breakthrough, When I wake up,

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there's some AI breakthrough, and by lunchtime there's another AI

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break So.

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Speaker 3: It's like a headspinner at this point.

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Speaker 4: It you know, it's it's pretty obvious that we're gonna

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have AI that is vastly smarter than humans, and.

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Speaker 3: Already in some ways it already is.

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Speaker 4: I mean, it seems like AI unequivocally smart more than

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humans in every way, including in innovation is probably.

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Speaker 3: No more than a year or two away. We would see.

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Speaker 1: That's uh, it's happy to think about Jesus, this is

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kind of worrying.

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Speaker 3: I hope it's nice to us.

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Speaker 1: You know.

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Speaker 3: What, you know, when you look happy about all the

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things we've asked it to do.

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Speaker 1: What's something.

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Speaker 2: Listen, you have a better position to see this in

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anybody pretty much what's going to happen in five years,

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And you're seeing that. Maybe a lot of people aren't

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seeing that. It's going to blow people's minds. That will

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be doable in five years.

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Speaker 3: In five years we'll have probably so five years being

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say twenty thirty one.

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Speaker 1: I think.

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Speaker 3: Digital intelligence will exceed the sum of all human intelligence.

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Speaker 4: That there will be in five years. Probably there might

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be a let's say, at least one hundred million humanoid robots,

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but maybe a billion. Yeah, alright, the I mean, and

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and I predict that the economy is probably twice its

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current size in five maybe six years, seven at five

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to seven years, because you're going to hit a doubling period,

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you know where it's where the economic output is increasing

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so so fast that you know, plus myask a few years,

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you're you're you we'll see giant changes.

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Speaker 1: Mhm, what what you know?

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Speaker 2: A couple of follow up questions on that, When do

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you see the first data center in space? Again, you

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have a better vision on that than pretty much anybody.

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You know. You're again if when we're going to Mars,

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it's you're clearly going to be leading the way. When

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do we get a colony in the moon? When do

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we get a colonie on Mars?

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Speaker 1: Three?

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Speaker 2: Prime question, data center in space, humans on the Moon,

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humans on Mars timeline.

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Speaker 1: Center.

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Speaker 3: Space is much easier than people may think.

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Speaker 4: I mean, SpaceX at this point has ten thousand satellites

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in orbook right now, and in the future with Starship,

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will be launching over ten thousand communication satellites per year,

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each one of which is much more capable than our

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current satellites.

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Speaker 3: So you can expect, you know, probably.

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Speaker 4: One hundred times more communications capability than currently exist from space.

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But that will pay in comparison to the tonnage of

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AI satellites. So, I mean, it's always helpful to use

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the physics tools of thinking in the limit. If say,

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if you think of the limit, what is the most

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amount of AI compute you could possibly bring to bear

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and the way to access power that's far beyond anything

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on Earth is in space. So these are some humbling

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ways to maybe frame the problem and see how tiny

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we are here on Earth. We are like microbes on

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a dust mote compared to the Sun. So all of

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human civilization currently uses less than a trillionth of the

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energy of the say the power emitted by the Sun,

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much less than a trillionth. All human energy, counted as

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generously as you could possibly imagine, is much less than

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a trillionth to the Sun's energy. So that means if

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you were to increase civilizational energy harnessed by a million,

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you would still be much less than a millionth of

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the Sun's and it harness. And another way to think

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about it is because people suddenly say, what about this

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form of left of power generation or that form of

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power generation. I'm luck everything is irrelevant compared to the Sun.

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The Sun is ninety nine point eight percent of mass

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in the Solar system. If all mass that was not

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the Sun was burnt, and you've extracted the absolute maximum

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amount of energy from all mass that is not the Sun,

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the amount of energy produced by the Sun, we're still

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round out to one hundred percent of the energy produced

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in the solar system. And then if you teleported two

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more jupiters from other somehow teleported two more jupiters into

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our solar system and burnt them too, the Sun was

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still be one hundred percent of power rounding out. So

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really everything is this extremely tiny compared to the Sun.

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So that therefore, when you go to space, if you

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if you want to to climb the Cottage Cottter chief

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scale in any meaningful way whatsoever, you have to go

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to space and and and uh, you know, our rough

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estimate is that you could probably do a tarror what

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a year of AI powered uh you know, sole powered

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AI satellites from launched from Earth. That would require let's

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say something like ten million tons a year of paler

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to orbit at one hundred killowats per ton, and that

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would be a tar tearwa per year. The average power

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usage in the United States is half a terror wort.

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That would mean you'd be launching twice the rist the

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amount of AI power. Then then the entire electricity consumption

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in the United States per year. Yeah, yeah, but this

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is this is this is We're not breaking any physic here.

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This is this is all achievable. Now, if you want

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to take that up several more orders magnitude, then the

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things to do is to build a base on the Moon,

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and construct a mass driver, and build the solar panels

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and radiators on the moon chips you could probably bring

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from Earth, but built those the Moon too, and uh,

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and that would enable you to do about a petawa

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per year into a solar powered AI.

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Speaker 3: And I'm not sure how much AI we need at

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the end of the day, but that's a lot.

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Speaker 1: That a lot.

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Speaker 4: What it would be vastly greater than the than the

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Earth's economy. This economy would be really inconsequential by comparison

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with that.

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Speaker 2: No, that's that's a vision of abundance for sure. I

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know you've had quite a busy day, and you always

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have a busy day, so we don't want to be

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mindful of your time.

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Speaker 1: So I just have two less questions on.

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Speaker 2: There must be I mean, again, you keep on coming

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up with these big ideas and you keep executing, then

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what's a big idea in your head that you haven't

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deployed yet.

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Speaker 1: That you'd like to.

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Speaker 4: Well, you know, I did say for the longest time

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that people want to booth build tunnels, and then everyone

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thought I was joking, and then I was like, final, well,

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let's just create a company, the barn Company, to build tunnels,

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because this is an obvious way to reduce traffic to

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zero by going three D with your transport system, just

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as we go three D with the buildings. It's obviously

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logical to illogical to.

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Speaker 3: Expect that you.

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Speaker 4: Won't have traffic if you have buildings that are three

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D and a transport system that is two D and

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everyone tries to go in and out of the three

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D building at the same time. But if you have

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a transport network that is three dimensional with tunnels going

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over the place, then you can address any arbitrary level

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of traffic. Now, I encourage other people to start tunneling

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companies because the boring company is the only one as

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far as I can tell.

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Speaker 1: It's taking this boring to be the only boring company, right.

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Speaker 4: Yeah, Honestly, there's like a lot of opportunity, you know,

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in tunnels, that really is and it's quite hard work

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building these things, so I hope other people do it too, okay,

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And I guess there's there's probably a lot of opportunity

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in synthetic medicine. So with like these days, you can

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basically create custom you know, RNA UH And I think

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I think like that there's sort of we're going from, uh,

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from a situation where medicine has been analog where we

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kind of like just find drugs kind of by accident

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most of the time, like finding sticks in the forest

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that you know, seem like this stick seems like a

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useful club type of thing. It's it's it's quite primitive

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how we found medication in the past. Now, but once

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you can sin, since we can now construct synthetic RNA,

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you can effectively think of medicine.

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Speaker 3: The future's medicine is being digital.

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Speaker 4: Like so if you just know what to program into

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that synthetic RNA strand you can basically, I think, cure

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almost anything.

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Speaker 2: Right, challenge to the room, digital medicine and three D transportation.

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Let's go, let's give you once in competition. All right,

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last question, quick.

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Speaker 3: Aircraft probably an opportunity there. I think this is startups

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in that field.

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Speaker 1: What kind of quick what kind of aircraft?

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Speaker 3: Electric aircraft, aircraft.

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Speaker 1: I'm sure that's coming.

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Speaker 2: When we when we get together and you know, hopefully

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you know who knows what the way technology is going

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to something will be here in another two hundred and

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fifty years for the Forbes, you know, five hundred celebration innovation.

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What would you want your Yeah again, you're you're still

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building it. But when you think about your legacy, and

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I know it's early, but what would you what would

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be make you feel good when people look back the

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way you talked about Edison and Franklin.

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Speaker 1: What would what would you like people say about you?

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Speaker 3: You played a useful role in the advancement of civilization.

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Speaker 1: Pray with in UHH.

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Speaker 2: I think, by the way, again, this is the most

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incredible room in America today. I think that's true for

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all of us. So let's take inspiration. You all are great,

421
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but he's number one. Uh Elon must thank you for

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joining us here at this That's what the A I

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will say, thank you again, thank you for your time

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and all that, and thank you. Now we're gonna have them.

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We're gonna let you go and we're gonna bring the

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other award winners up. And Elon Musk again, thank you

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for your time and all all your good thoughts.

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Speaker 3: Thanks for listening. To see you in the next episode.

