WEBVTT 1 00:00:00.160 --> 00:00:01.879 Latest interview of Elon Muss. 2 00:00:02.160 --> 00:00:05.799 How long is the trip from hosting too here quite lately, I. 3 00:00:06.040 --> 00:00:09.199 Think it's about eight or nine hours. 4 00:00:09.279 --> 00:00:13.039 Okay, so you're fresh like him in the first morning, Yeah, exactly. 5 00:00:14.960 --> 00:00:18.399 So first question is about demography, and I spoke with 6 00:00:18.440 --> 00:00:20.480 you in the past about that, and I think it's 7 00:00:20.519 --> 00:00:22.920 really important for you, and you pointed on that a 8 00:00:22.920 --> 00:00:26.199 lot of your discussion and your partners. 9 00:00:25.760 --> 00:00:25.920 Is it. 10 00:00:27.000 --> 00:00:29.679 Yeah, I think, you know, I really want to emphasize 11 00:00:29.719 --> 00:00:33.799 that it's important to have children and to create the 12 00:00:33.840 --> 00:00:38.479 new generation. And as simple as it sounds, if people 13 00:00:38.600 --> 00:00:48.320 do not have children, there is no new generation. So 14 00:00:48.320 --> 00:00:52.119 so I very very much strongly recommend that, you know, 15 00:00:52.119 --> 00:00:57.399 I'm very much in favor of humanity expanding and creating 16 00:00:57.520 --> 00:01:02.719 a bright and exciting future of the world. And but 17 00:01:02.719 --> 00:01:07.519 but but fundamental to the furtherance of human civilization is 18 00:01:07.640 --> 00:01:13.519 having humans as as simple and basic as that sounds. 19 00:01:13.519 --> 00:01:15.599 And uh, you know, every every year I look at 20 00:01:15.599 --> 00:01:19.079 the the birth rates and I'm like, it's it's kind 21 00:01:19.079 --> 00:01:23.840 of a bit depressing because, uh, birth rates seem to 22 00:01:23.879 --> 00:01:28.719 decline every year, and I think, uh, you know that 23 00:01:28.840 --> 00:01:33.760 pass my my biggest advice to leaders, to government leaders, 24 00:01:33.760 --> 00:01:37.239 and and and to to the people in general. Would 25 00:01:37.400 --> 00:01:41.359 would be to make sure to have children to create 26 00:01:41.359 --> 00:01:47.159 the new generation. And I think any any incentives that 27 00:01:47.480 --> 00:01:51.480 can be done to incent the new generation, to make 28 00:01:51.560 --> 00:01:55.799 it easier for men to have children and to support 29 00:01:55.840 --> 00:02:00.359 the children, I think would be very wise. This is 30 00:02:00.959 --> 00:02:05.879 so fundamental and I really can't emphasize that enough. If 31 00:02:06.359 --> 00:02:10.159 if you don't have a new generation, there is no 32 00:02:10.360 --> 00:02:14.919 new generation, or with current birth rates, I think it 33 00:02:15.039 --> 00:02:18.879 may be the generations are at birth rates maybe. 34 00:02:18.639 --> 00:02:20.759 Half half of the replacement rate. 35 00:02:21.280 --> 00:02:25.319 And what that means is in three generations the population 36 00:02:25.400 --> 00:02:30.039 will be one roughly roughly one tenth of its current size. 37 00:02:31.560 --> 00:02:35.120 In three generations maybe four generations that you'll have, the 38 00:02:35.120 --> 00:02:37.879 population will be one tenth of its current size. So 39 00:02:38.520 --> 00:02:42.840 I always want to emphasize this point because it is 40 00:02:42.879 --> 00:02:46.319 so basic and fundamental that if if there's not at 41 00:02:46.439 --> 00:02:51.080 least a birth rate which is keeping population constant, then 42 00:02:53.879 --> 00:03:00.319 a people will will will disappear, disappear, disappearer. 43 00:03:01.759 --> 00:03:04.560 We have a lot of immigration. Somebody says that immigration 44 00:03:04.759 --> 00:03:05.759 is important. 45 00:03:05.439 --> 00:03:06.199 For that reason. 46 00:03:06.280 --> 00:03:10.199 What's your point on that immigrations is coming in Europe 47 00:03:10.240 --> 00:03:12.360 and is coming in America from the south of America 48 00:03:12.360 --> 00:03:14.879 and then Europe from the south of the Mediterranean Sea. 49 00:03:14.919 --> 00:03:15.879 What do you think about that? 50 00:03:16.680 --> 00:03:21.039 Well, I think one can't depend on other countries for immigration. 51 00:03:21.800 --> 00:03:25.680 And in fact, if you look at say the population worldwide, 52 00:03:26.520 --> 00:03:28.800 and this is almost everywhere in the world, and it 53 00:03:28.840 --> 00:03:33.479 seems to be a function of how once the country industrializes, 54 00:03:33.560 --> 00:03:38.280 once the country urbanizes, the population immediately starts to decline. 55 00:03:39.360 --> 00:03:44.840 So what one could say, for example, like like China 56 00:03:44.879 --> 00:03:51.039 could not possibly solve its population with immigration because if 57 00:03:51.039 --> 00:03:54.479 you you know, China's currently tracking to be maybe lose 58 00:03:54.520 --> 00:03:58.240 forty percent of its population every generation. You know, that 59 00:03:58.280 --> 00:04:01.680 would be seven hundred million, eight hundred million people. 60 00:04:03.280 --> 00:04:05.759 Or seven hundred roughly seven six seven hundred million people. 61 00:04:05.800 --> 00:04:06.199 It's a lot. 62 00:04:06.280 --> 00:04:09.439 Basically, you'd have to have the entire United States immigrate 63 00:04:09.479 --> 00:04:13.360 there twice every generation to simply maintain numbers just for China. 64 00:04:14.159 --> 00:04:20.120 So immigration there simply aren't enough numbers in immigration. And 65 00:04:20.319 --> 00:04:23.759 I think I think there is value to a culture, 66 00:04:24.600 --> 00:04:26.920 you know, and we don't want cultures. We don't want 67 00:04:27.000 --> 00:04:29.839 Japan to disappear. We don't want Italy as a culture 68 00:04:29.879 --> 00:04:32.199 to disappear. We don't want France as a culture to disappear. 69 00:04:32.519 --> 00:04:35.560 I think we have to have the maintain the sort 70 00:04:35.600 --> 00:04:41.480 of reasonable cultural identity of the various countries or they 71 00:04:41.519 --> 00:04:48.319 simply will not be those countries. You know, Italy is Italy. 72 00:04:47.839 --> 00:04:48.800 Is the people of Italy. 73 00:04:49.399 --> 00:04:53.600 The buildings are there, but really what is Italy Italy 74 00:04:53.639 --> 00:05:05.040 is the people of Italy, the probably person. So I mean, 75 00:05:05.079 --> 00:05:09.600 I just think it's a And I speak as someone 76 00:05:09.600 --> 00:05:14.319 who is very much, very much and I'm an environmentalist, 77 00:05:15.040 --> 00:05:17.800 and I believe in having, you know, building a sustainable 78 00:05:18.040 --> 00:05:21.199 future for the world. I think that there are very 79 00:05:21.240 --> 00:05:24.600 few people who, as an individual, who have done more 80 00:05:24.759 --> 00:05:27.920 than I have for to help the environment with electric 81 00:05:27.959 --> 00:05:32.319 cars and solar and and batteries to create a sustainable 82 00:05:32.399 --> 00:05:35.319 energy future, because we absolutely need a sustainable energy future. 83 00:05:37.240 --> 00:05:44.800 But but, but there is an aspect of the environmental 84 00:05:44.839 --> 00:05:46.519 movement that I think has gone too far. 85 00:05:47.759 --> 00:05:49.439 Really said from you. 86 00:05:49.800 --> 00:05:51.279 Yes, so said for me. 87 00:05:52.199 --> 00:05:55.120 You know, I think I am objectively one of the 88 00:05:55.160 --> 00:05:58.879 world's leading environmentalists in terms of doing things like I'm 89 00:05:58.920 --> 00:06:02.920 an environmentalist who does things up talk of action, not talk. 90 00:06:03.240 --> 00:06:03.839 I act. 91 00:06:08.360 --> 00:06:12.360 So I feel I can say, as as an environmentalist 92 00:06:12.600 --> 00:06:16.439 that the environmentalist movement has gone too far and in 93 00:06:16.519 --> 00:06:20.199 that if you in the natural extension of the environmentalist movement, 94 00:06:20.240 --> 00:06:22.279 if you go too far, you start to look at 95 00:06:22.360 --> 00:06:25.519 humanity as a bad thing. You start to look at 96 00:06:25.600 --> 00:06:28.759 humanity as though we are a plague on the surface 97 00:06:28.800 --> 00:06:32.439 of the earth, as though humanity is a bad thing. 98 00:06:32.480 --> 00:06:35.199 And in fact, there are some people who think and 99 00:06:35.600 --> 00:06:39.160 say explicitly that. In fact, there was on the front 100 00:06:39.160 --> 00:06:40.480 page of the New York Times there was a guy 101 00:06:40.480 --> 00:06:42.800 who said, there are eight billion people on earth. It 102 00:06:42.839 --> 00:06:45.800 will be better if there were none, which is. 103 00:06:45.720 --> 00:06:50.120 Crazy, definitely. So you taught me a joke about that. 104 00:06:50.560 --> 00:06:53.279 You told want to joke about the cows and the 105 00:06:53.319 --> 00:06:54.319 problem with the cows. 106 00:06:54.319 --> 00:06:56.879 You remember that, Oh, yeah, don't worry about the cows 107 00:06:56.879 --> 00:06:59.199 of tels A fine. Cows are not going to destroy 108 00:06:59.240 --> 00:07:00.639 the environment, hours are fine. 109 00:07:01.120 --> 00:07:03.839 Yeah, yes, you know, we. 110 00:07:03.800 --> 00:07:07.600 Have a a lot of lows European laws again against 111 00:07:08.240 --> 00:07:10.120 all the people who walk to them. You know, it's 112 00:07:10.160 --> 00:07:14.199 a big issue for it because it seems in green issue, 113 00:07:14.199 --> 00:07:16.079 but is a very industrial issue for us. 114 00:07:16.959 --> 00:07:17.160 Yeah. 115 00:07:17.199 --> 00:07:20.199 I think farming and cows are not do not have 116 00:07:20.720 --> 00:07:26.160 any meaningful effect on the environment, Yes, underline please, I yes, 117 00:07:26.560 --> 00:07:27.879 objectively this is true. 118 00:07:28.480 --> 00:07:32.279 So so the if you say, like there's. 119 00:07:32.040 --> 00:07:34.560 There's really only one thing that matters from an environmental 120 00:07:34.560 --> 00:07:39.160 standpoint for carbon, which is that we are taking billions, 121 00:07:39.199 --> 00:07:42.480 eventually trillions of tons of carbon from buried deep with 122 00:07:42.600 --> 00:07:45.120 it under the earth and putting transferring it to the. 123 00:07:45.120 --> 00:07:48.920 Atmosphere and oceans. That's the that's actually really all that. 124 00:07:48.800 --> 00:07:54.000 Matters, is taking vast amounts of carbon from underground where 125 00:07:54.000 --> 00:07:56.040 it's buried and moving it into. 126 00:07:55.800 --> 00:07:57.680 The atmosphere by burning it. 127 00:07:58.560 --> 00:08:01.079 And if you do that for long enough enough, eventually 128 00:08:01.480 --> 00:08:04.360 you will get climate change. Now, I think the climate 129 00:08:04.439 --> 00:08:10.279 change alarm is somewhat overblown in the short term. It's 130 00:08:10.279 --> 00:08:12.560 still a concern in the long term, but I think 131 00:08:12.600 --> 00:08:17.839 it's exaggerated in the short term. Great Now I have 132 00:08:17.879 --> 00:08:21.680 to I'm trying to thread the needle here between what 133 00:08:22.360 --> 00:08:25.720 you know, like what is pragmatic and what is sensible, 134 00:08:25.759 --> 00:08:28.800 what really matters and what doesn't matter. What really matters 135 00:08:28.839 --> 00:08:30.560 is that over the long term, over the course of 136 00:08:30.600 --> 00:08:35.960 the next several decades, that we gradually reduce how how 137 00:08:36.000 --> 00:08:40.440 many millions and billions of tons of carbon that we 138 00:08:40.679 --> 00:08:44.639 move from underground and to the atmosphere. Because we're running 139 00:08:44.679 --> 00:08:49.639 sort of a climate experiment that is dangerous, but I 140 00:08:49.639 --> 00:08:51.879 also don't think that I'll think of it as a 141 00:08:51.919 --> 00:08:55.639 fundamental civilizational risk. It is it's not going to destroy 142 00:08:55.919 --> 00:08:58.360 life on Earth, it's not going to destroy humanity, but 143 00:08:58.480 --> 00:09:02.399 will it will create hardship if you change the climate 144 00:09:04.919 --> 00:09:08.759 over many decades. So it's it's I think my message 145 00:09:08.840 --> 00:09:11.360 is like I think much more pragmatic, and I think 146 00:09:11.639 --> 00:09:16.120 I think correct and sensible, and I don't think we 147 00:09:16.200 --> 00:09:19.039 should demonize oil and gas. 148 00:09:19.360 --> 00:09:19.840 I think we. 149 00:09:20.159 --> 00:09:23.000 Should say, look, that is obviously necessary in the short 150 00:09:23.120 --> 00:09:26.159 term and the medium term too, and a little bit 151 00:09:26.399 --> 00:09:28.840 take several decades to become sustainable. So I think if 152 00:09:28.879 --> 00:09:33.679 we just without getting too worried about it, seek to 153 00:09:33.759 --> 00:09:38.679 have a sustainable energy future gradually, then that's what will happen. 154 00:09:39.639 --> 00:09:43.720 And so I think that some of the environmentalists movement 155 00:09:43.840 --> 00:09:47.399 has is part of what is We're causing people to 156 00:09:47.799 --> 00:09:50.240 lose hope in the future. So I guess what if 157 00:09:50.240 --> 00:09:52.519 trying I say is that we should have hope in 158 00:09:52.559 --> 00:09:55.360 the future. We should be excited about the future, and 159 00:09:55.440 --> 00:09:56.720 we should both the future we want. 160 00:09:58.840 --> 00:10:00.639 What about and even. 161 00:10:02.000 --> 00:10:07.320 You call it the work mind, Yes, sure, it's the 162 00:10:07.399 --> 00:10:12.039 name you gave to the work work mind illness. 163 00:10:12.440 --> 00:10:17.000 What's that virus? Yeah, so so it's coming to Europe. 164 00:10:17.039 --> 00:10:19.960 I have to advise you, yes, well this is not 165 00:10:20.080 --> 00:10:22.919 something you should import from America. Please don't import the 166 00:10:23.000 --> 00:10:29.559 work mind virus is bad. So the I mean essentially 167 00:10:30.440 --> 00:10:34.120 that to summarize maybe the worklind virus, it consists of 168 00:10:34.840 --> 00:10:37.360 creating very very divisive. 169 00:10:38.279 --> 00:10:41.000 Identity politics. So it actually. 170 00:10:40.759 --> 00:10:45.200 Amplifies work virus, myn virus, in my view, amplifies racism, 171 00:10:45.320 --> 00:10:49.200 amplifies frankly, sexism and all the isms, and. 172 00:10:49.440 --> 00:10:52.600 While claiming to do the opposite, it actually. 173 00:10:52.559 --> 00:10:56.399 Divides people and makes them, uh sort of hate each other, 174 00:10:56.559 --> 00:11:02.200 and it makes people hate themselves. And it's also anti meritocratic. 175 00:11:02.360 --> 00:11:06.039 It's not like you know, it's not merit based. 176 00:11:06.440 --> 00:11:09.799 So you want you want to have people succeed based 177 00:11:09.879 --> 00:11:13.879 on how hard they work and the talents, not who 178 00:11:13.960 --> 00:11:14.480 they are. 179 00:11:14.440 --> 00:11:18.159 Whether the man, woman, what what what? Race or you know, gender? 180 00:11:18.200 --> 00:11:19.080 What's that? 181 00:11:19.200 --> 00:11:24.279 Stuff is all creating. It's an artificial uh you know, 182 00:11:25.000 --> 00:11:29.200 mental civil war that is created and it's not and 183 00:11:29.919 --> 00:11:33.720 let me say it's no fun, okay. It is like 184 00:11:34.080 --> 00:11:37.919 it is like woke mind virus and fun are incompatible. 185 00:11:39.200 --> 00:11:40.279 Is no fun in that. 186 00:11:41.919 --> 00:11:46.600 No joy, it's it's it woke mind virus is all 187 00:11:46.600 --> 00:11:51.639 about condemning people instead of celebrating people, you know, like 188 00:11:51.720 --> 00:11:54.480 when in the work, it just doesn't celebrate. It's all 189 00:11:54.480 --> 00:12:00.039 about condemning and being divisive and and being just I 190 00:12:00.120 --> 00:12:05.000 think it's just evil frankly, really yeah, yeah, it's. 191 00:12:04.879 --> 00:12:06.279 Bad, so bad. 192 00:12:06.679 --> 00:12:11.519 Yeah, but you get a lot of problems saying so 193 00:12:11.799 --> 00:12:15.720 on on your social and excel. Have this point of 194 00:12:15.840 --> 00:12:19.360 view you are good friend of about my administration, and 195 00:12:19.519 --> 00:12:22.320 now they don't really like you so much for this 196 00:12:22.559 --> 00:12:25.000 kind of speech you're doing in public or not. 197 00:12:26.879 --> 00:12:30.799 I don't know. I mean, I just I'm very very 198 00:12:30.840 --> 00:12:32.600 pro human I'm very pro civilization. 199 00:12:33.480 --> 00:12:39.279 I'm in favor of humanity and our collective consciousness expanding 200 00:12:40.279 --> 00:12:44.279 on Earth and going beyond Earth, being a multiplanet species, 201 00:12:44.440 --> 00:12:47.240 a space bearing civilization, and being out there among the 202 00:12:47.320 --> 00:12:51.159 stars and finding out the nature of the universe, like 203 00:12:51.639 --> 00:12:54.600 all the things that you know, it's that seems like 204 00:12:54.679 --> 00:12:56.679 to me, and you know, exciting things. 205 00:12:56.759 --> 00:13:00.159 Something you can get really excited about, is you to. 206 00:13:00.159 --> 00:13:04.919 Get excited, like we want to have ideas that make 207 00:13:05.039 --> 00:13:07.639 you look forward to waking up in the morning, look 208 00:13:07.720 --> 00:13:10.519 forward to the day, look forward to the future, and 209 00:13:11.200 --> 00:13:16.960 you know, so you have to say what what excites 210 00:13:17.039 --> 00:13:20.879 you about the future, What moves your heart about the future, 211 00:13:22.159 --> 00:13:25.639 what makes you say like, yes, I'm glad about what 212 00:13:25.759 --> 00:13:29.039 will happen in the future. That's what we must, you know, 213 00:13:29.120 --> 00:13:31.960 focus on. And that's that's why we have to have 214 00:13:32.000 --> 00:13:34.360 a new generation. We've got to build, and we've got 215 00:13:34.440 --> 00:13:38.399 to grow and and uh, like I said, I understand this, 216 00:13:38.759 --> 00:13:42.120 understand the the the nature of this beautiful universe that 217 00:13:42.240 --> 00:13:46.000 we find ourselves in and the meaning of life or 218 00:13:46.039 --> 00:13:49.080 even what questions to ask about, you know, the meaning 219 00:13:49.120 --> 00:13:53.960 of life. Let us explore this wondrous creation and and 220 00:13:54.120 --> 00:13:58.240 have a good time doing it. Yeah, that's my philosophy. 221 00:13:59.360 --> 00:14:02.080 Let me go back for a little because I want 222 00:14:02.120 --> 00:14:05.679 to ask you about your perception of Europe as a building, 223 00:14:05.840 --> 00:14:08.480 not as people. Because of Europe do a lot of flow, 224 00:14:08.600 --> 00:14:11.919 us won, a lot of integration of cultures, different cultures 225 00:14:12.120 --> 00:14:17.080 and has different approach to the immigration. We heard Meloney 226 00:14:17.279 --> 00:14:19.759 did a lot on that with the Premier rama I 227 00:14:19.840 --> 00:14:21.759 see in the first line of Albania. What do you 228 00:14:21.840 --> 00:14:26.120 think about this approach of Europe approach as a building. 229 00:14:26.279 --> 00:14:28.039 I would say as an established building. 230 00:14:29.799 --> 00:14:34.200 Well, I should say, like to be clear on immigration overall, 231 00:14:34.679 --> 00:14:37.000 I'm very much in favor of legal immigration. 232 00:14:37.399 --> 00:14:37.919 I think that. 233 00:14:39.480 --> 00:14:42.879 Generally, I think which one should welcome to a country, 234 00:14:42.960 --> 00:14:46.759 anyone who is willing to work hard and is honest, 235 00:14:47.120 --> 00:14:50.559 you know, has high integrity, and will add to you know, 236 00:14:50.679 --> 00:14:53.240 any given country. If somebody is an asset to the country, 237 00:14:53.519 --> 00:14:56.519 why not have them drain. That's obviously a great thing 238 00:14:56.559 --> 00:15:00.440 to do. So I think it's good actually to have 239 00:15:00.559 --> 00:15:05.159 an increase in legal immigration and and a simple legal 240 00:15:05.200 --> 00:15:11.039 with paper, with just some some approval process, but with 241 00:15:11.159 --> 00:15:14.120 a simple requirement that look, if somebody is going to 242 00:15:14.240 --> 00:15:19.360 add to a country, like just really hard working and high, 243 00:15:19.559 --> 00:15:21.240 high integrity, let them in. 244 00:15:21.440 --> 00:15:22.279 I think that's great. 245 00:15:23.440 --> 00:15:27.600 But if there's if it's illegal immigration and there's no filter, well, 246 00:15:27.639 --> 00:15:29.360 how do you know who's coming and you don't know, 247 00:15:30.120 --> 00:15:34.360 So you have to have some you know, uh basis 248 00:15:34.440 --> 00:15:36.519 for saying somebody should come in or not come in, 249 00:15:36.679 --> 00:15:39.200 and and and my argument is like it should be 250 00:15:39.200 --> 00:15:42.039 a very simple basis. Will they will they add to 251 00:15:42.519 --> 00:15:46.519 the country, will they be a productive part of the economy, And. 252 00:15:48.120 --> 00:15:51.000 Do they admire the culture? Do they want to join? 253 00:15:51.120 --> 00:15:56.600 Because of the culture, then that's great, but if you know, 254 00:15:56.679 --> 00:15:59.720 if if there's no process for that, then you don't know. 255 00:15:59.840 --> 00:16:01.960 I think you know at least some number of the 256 00:16:01.960 --> 00:16:05.879 people that come in well will not be necessarily And 257 00:16:06.000 --> 00:16:08.320 I want to be careful because my words will be misconstrued. 258 00:16:08.919 --> 00:16:12.639 I'm not saying all illegal immigrants are are bad. I 259 00:16:12.720 --> 00:16:16.879 think probably perhaps most of them are good, but there 260 00:16:16.919 --> 00:16:17.279 will be some. 261 00:16:17.480 --> 00:16:18.039 If there's no. 262 00:16:18.240 --> 00:16:22.720 Process for reviewing not at all, then how can you 263 00:16:22.799 --> 00:16:26.360 say that everyone who is a legal immigrant is going 264 00:16:26.399 --> 00:16:27.080 to be honest. 265 00:16:26.879 --> 00:16:29.039 And hard working. You can't say that because you simply 266 00:16:29.080 --> 00:16:29.360 don't know. 267 00:16:34.320 --> 00:16:38.240 So I want to be clear, top line pro immigration, 268 00:16:38.519 --> 00:16:42.759 but let's increase legal immigration, but we should stop illegal immigration. 269 00:16:42.840 --> 00:16:43.960 I think this is just logical. 270 00:16:46.000 --> 00:16:49.759 You have a lot of company, so that's right. You 271 00:16:49.840 --> 00:16:51.440 can drink because I want to do the list of 272 00:16:51.480 --> 00:16:53.360 the company. Yeah, you have five to seven minutes to 273 00:16:53.480 --> 00:16:56.000 do that. I mean, I'm joking with space x X 274 00:16:57.000 --> 00:16:57.879 narrow len. 275 00:16:58.480 --> 00:17:02.440 That's already excess. Oh the ex guess what my favorite 276 00:17:02.480 --> 00:17:02.840 letter is. 277 00:17:03.960 --> 00:17:09.519 Okay, it's a good Pleased to invest Italy and it's 278 00:17:09.519 --> 00:17:12.880 a good place. Please to invest some of I mean 279 00:17:13.039 --> 00:17:15.599 not your money, but have some investment from your company, 280 00:17:15.680 --> 00:17:18.920 of the American companies, of the I would say competitive 281 00:17:19.039 --> 00:17:20.240 companies in this place. 282 00:17:20.599 --> 00:17:21.319 What's your opinion? 283 00:17:22.279 --> 00:17:25.440 No, I mean I think Italy is an incredible country, 284 00:17:25.480 --> 00:17:28.240 incredible culture. I love I love visiting, I love the 285 00:17:28.279 --> 00:17:31.480 Italian people. I think you guys are amazing, like. 286 00:17:34.759 --> 00:17:45.119 So tall. Yeah, so so I want, I you know, personally, 287 00:17:45.119 --> 00:17:45.359 I want. 288 00:17:45.440 --> 00:17:47.200 I want to actually I want the prosperity of Italy 289 00:17:47.240 --> 00:17:50.200 and I want the prosperity of every country. I want 290 00:17:50.200 --> 00:17:52.519 the prosperity of humanity as a whole. And like I said, 291 00:17:52.559 --> 00:17:54.200 I want, I have to ask to have an exciting 292 00:17:55.079 --> 00:17:57.920 future where we're fired up about what's going to happen 293 00:17:58.079 --> 00:18:02.440 and really excited. So uh, you know, and I think, 294 00:18:04.160 --> 00:18:07.240 you know, Italy is a great place to invest. It's 295 00:18:07.279 --> 00:18:14.400 a great, great country. And but but I do want 296 00:18:14.400 --> 00:18:18.000 to emphasize that the that I do worry that about 297 00:18:18.039 --> 00:18:21.359 the low birth rate. And you know, if if a 298 00:18:21.680 --> 00:18:23.599 if a company is to invest in Italy, they're like, well, 299 00:18:24.039 --> 00:18:26.079 you have to say, like will there be enough people 300 00:18:26.279 --> 00:18:29.640 to work there? You know, it's a simple question. You know, 301 00:18:29.839 --> 00:18:33.960 if if the workforce is declining, then if the workforce 302 00:18:34.079 --> 00:18:38.079 is declining, then then then then who will work at 303 00:18:38.119 --> 00:18:38.519 the company. 304 00:18:39.200 --> 00:18:42.240 Simple if there's no people, there's no people to work. 305 00:18:42.599 --> 00:18:45.359 I mean in fifty years, but I think it's even 306 00:18:45.400 --> 00:18:47.400 sooner than that though, you know, if we'll be so 307 00:18:47.480 --> 00:18:49.599 worried about that is the problem. 308 00:18:50.119 --> 00:18:53.759 I feel like a total Cassandra here because like I 309 00:18:53.839 --> 00:18:55.880 seem to be worried about it much more than other people. 310 00:18:57.440 --> 00:19:01.200 But you know, they're just needs to be people. If 311 00:19:01.240 --> 00:19:03.880 you don't make a new generation of people, there is 312 00:19:04.039 --> 00:19:05.279 no new generation of people. 313 00:19:05.960 --> 00:19:07.839 So that's it. 314 00:19:08.680 --> 00:19:11.359 And I know I'm I'm being you know, I'm being 315 00:19:11.400 --> 00:19:17.680 repetitive here, but I'm just I'm just trying to state 316 00:19:17.839 --> 00:19:21.680 state backed you know so, and uh. 317 00:19:21.920 --> 00:19:24.799 Yeah, so there's a good place to invest. 318 00:19:25.119 --> 00:19:26.759 I no, I agree, it's a good place to invest 319 00:19:28.759 --> 00:19:35.400 and uh and a wonderful country. So please make more Italians, 320 00:19:35.480 --> 00:19:36.079 is what I'm saying. 321 00:19:39.640 --> 00:19:43.920 You said once that the Internet that is the is 322 00:19:43.960 --> 00:19:47.000 the system is the new I've write down that your 323 00:19:47.039 --> 00:19:52.400 world the nervous system of humanity. What's it's once to 324 00:19:52.519 --> 00:19:58.680 me a long time religence for your artificially, if that 325 00:19:58.880 --> 00:20:02.119 is the nervous system inte artificial intelligence? Was I mean, 326 00:20:02.319 --> 00:20:03.640 use another metaphor. 327 00:20:05.680 --> 00:20:12.400 You asked me, what do I think of artificial intelligence? Obviously, well, 328 00:20:12.440 --> 00:20:14.599 you can think of artificial intelligence as. 329 00:20:17.680 --> 00:20:18.440 This is perhaps the. 330 00:20:20.640 --> 00:20:27.720 Biggest inflection point in intelligence since Homo sapiens. Yeah, yeah, yeah, 331 00:20:30.920 --> 00:20:35.759 artificial intelligence is will be essentially a sort of a new. 332 00:20:35.680 --> 00:20:37.240 Species, or is a new species. 333 00:20:39.640 --> 00:20:41.920 So I think one of the biggest challenges if I 334 00:20:41.960 --> 00:20:46.839 look at say civilizational risk, you know, the risk to 335 00:20:47.720 --> 00:20:51.759 the future of humanity. You know, birth rate is one 336 00:20:51.799 --> 00:20:54.039 of them, if we just don't have kids and dwindle away. 337 00:20:55.160 --> 00:20:58.240 That's one which I've talked a lot about. The other is, 338 00:21:00.319 --> 00:21:03.200 you know, there's always like potentially nuclear war of course, 339 00:21:03.359 --> 00:21:07.319 that kind of thing that an AI is also an 340 00:21:07.359 --> 00:21:11.519 existential risk, and we need to be I think we 341 00:21:11.599 --> 00:21:17.920 need to be careful with the advent of AI. But 342 00:21:18.000 --> 00:21:20.720 it is very much it's very much a double edged sword. 343 00:21:20.799 --> 00:21:22.400 You can think of AI as kind of like the 344 00:21:22.480 --> 00:21:28.160 magic genie. You know that like digital superintelligence will be capable. 345 00:21:27.920 --> 00:21:33.039 Of doing anything anything, pretty much anything, but he doesn't 346 00:21:33.039 --> 00:21:37.880 have any consciousness. I'm wondering about that. 347 00:21:38.960 --> 00:21:41.240 I mean, there is a whole question of like what 348 00:21:41.440 --> 00:21:45.720 is consciousness in fact? So here's like I always say, 349 00:21:45.720 --> 00:21:46.759 I've thought a lot about. 350 00:21:46.519 --> 00:21:48.799 What is consciousness and where does consciousness arise? 351 00:21:50.880 --> 00:21:53.920 You know, to say, like, because I think in terms 352 00:21:53.960 --> 00:21:59.960 of physics, you know, and at least if physics is true, 353 00:22:00.240 --> 00:22:04.400 then we go from a start of the universe where 354 00:22:04.400 --> 00:22:05.960 things are almost entirely hydrogen. 355 00:22:06.519 --> 00:22:08.279 And then if you leave the hydrogen. 356 00:22:08.000 --> 00:22:12.960 Out long enough, eventually it coalesces into stars, and then 357 00:22:13.000 --> 00:22:18.799 those stars explode and then they recondense, you know, And 358 00:22:18.880 --> 00:22:22.400 so like most of the mass in your. 359 00:22:22.319 --> 00:22:25.519 Body was once at the center of a star, which 360 00:22:25.559 --> 00:22:27.799 is kind of wild, billions of years ago. 361 00:22:29.000 --> 00:22:35.240 And so where where along the lines of hydrogen to 362 00:22:35.480 --> 00:22:37.359 human does consciousness arise? 363 00:22:39.359 --> 00:22:41.160 You get very serious when you speak about that. 364 00:22:41.559 --> 00:22:42.839 Yeah, always a real question. 365 00:22:42.880 --> 00:22:45.160 If you leave hydrogen out in the it's not long enough, 366 00:22:46.000 --> 00:22:47.240 it starts talking to itself. 367 00:22:47.799 --> 00:22:49.519 Here we are hydrogen talking to itself. 368 00:22:49.640 --> 00:22:50.359 How to deal with that? 369 00:22:50.559 --> 00:22:53.599 So if it is so important, how to deal I mean, 370 00:22:54.279 --> 00:22:58.480 right lows personal behavior? 371 00:22:58.680 --> 00:23:01.559 How to deal with that? I think you intelligence because the. 372 00:23:01.599 --> 00:23:04.119 Process I mean, I think we need to kill keep 373 00:23:04.119 --> 00:23:09.319 a close eye on artificial intelligence. I mean I am 374 00:23:09.319 --> 00:23:12.920 in favor of some regulatory insight, just so that there's 375 00:23:13.240 --> 00:23:18.319 someone can at least be a referee, like if you 376 00:23:18.400 --> 00:23:21.640 think of any game, like there's always a referee for 377 00:23:21.720 --> 00:23:26.920 a game. For industries that affect the good of the people, 378 00:23:27.079 --> 00:23:31.200 there's there are regulatory agencies that oversee those industries. Anything 379 00:23:31.279 --> 00:23:35.960 that's dangerous is overseen by some kind of referee or regulator. 380 00:23:37.160 --> 00:23:39.000 I think we should have the same thing for AI, 381 00:23:42.000 --> 00:23:48.920 just to help ensure that it is beneficial. The good 382 00:23:48.960 --> 00:23:51.200 part of AI is that we are headed for a 383 00:23:51.240 --> 00:23:57.880 future of abundance. So AI and robotics will mean that 384 00:23:57.920 --> 00:24:00.960 there are no shortage of goods and services. There's there 385 00:24:00.960 --> 00:24:03.200 will be goods and services. If you can think of it, 386 00:24:03.279 --> 00:24:08.880 you can have it, basically, So this is a quite 387 00:24:08.960 --> 00:24:11.279 profound Like I said, it's the magic genie. 388 00:24:13.039 --> 00:24:15.519 AI. AI and robotics will get you anything you want. 389 00:24:17.480 --> 00:24:22.000 Now, usually in these sort of fairy tales about magic genies, 390 00:24:22.119 --> 00:24:26.279 it doesn't turn out so well. You have to be 391 00:24:26.319 --> 00:24:28.400 careful what you wish for, even if you wish for 392 00:24:28.480 --> 00:24:36.279 our wishes. So it's just something we should be cautious about. 393 00:24:36.759 --> 00:24:37.079 Okay. 394 00:24:39.720 --> 00:24:42.279 On the plus side, it will bring many benefits. 395 00:24:42.359 --> 00:24:46.160 Like I said, it will usher in an age of abundance, 396 00:24:49.480 --> 00:24:51.839 so that the positive scenario of AI is that there's 397 00:24:51.839 --> 00:24:54.160 an age of abundance, and there are no shortage of 398 00:24:54.200 --> 00:24:58.640 goods and services that any scarcity that is that exists 399 00:24:58.720 --> 00:25:00.839 will be only because we define in it to be scuts. 400 00:25:02.599 --> 00:25:07.240 So and it just seemed to be somewhat of an 401 00:25:07.440 --> 00:25:08.599