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Elon Musk

πŸ‘€ Speaker
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13964 total appearances
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Appearances Over Time

Podcast Appearances

The Joe Rogan Experience
#2404 - Elon Musk

And they said, no, no, but think of the economy because that's $200 in the economy.

The Joe Rogan Experience
#2404 - Elon Musk

Basically, eating shit would count as a job.

The Joe Rogan Experience
#2404 - Elon Musk

This is to illustrate the absurdity of economics.

The Joe Rogan Experience
#2404 - Elon Musk

You can make it directionally better, but ultimately you can't fully fix the system.

The Joe Rogan Experience
#2404 - Elon Musk

It would be accurate to say that even...

The Joe Rogan Experience
#2404 - Elon Musk

Unless you go super draconian, like Genghis Khan level on cutting waste and fraud, which you can't really do in a democratic country, an aspirationally democratic country, then there's no way to solve the debt crisis.

The Joe Rogan Experience
#2404 - Elon Musk

So we've got national debt that's just insane where the debt payments, the interest payments on the debt exceed our entire military budget.

The Joe Rogan Experience
#2404 - Elon Musk

I mean, that was one of the wake-up calls for me.

The Joe Rogan Experience
#2404 - Elon Musk

I was like, wait a second.

The Joe Rogan Experience
#2404 - Elon Musk

The interest on national debt is bigger than the entire military budget and growing?

The Joe Rogan Experience
#2404 - Elon Musk

This is crazy.

The Joe Rogan Experience
#2404 - Elon Musk

So even if you implement all these savings, you're only delaying the day of reckoning for when America goes bankrupt.

The Joe Rogan Experience
#2404 - Elon Musk

Unless you go full Genghis Khan, which you can't really do.

The Joe Rogan Experience
#2404 - Elon Musk

So I came to the conclusion that the only way to get us out of the debt crisis and to prevent America from going bankrupt is AI and robotics.

The Joe Rogan Experience
#2404 - Elon Musk

So we need to grow the economy at a rate that allows us to pay off our debt.

The Joe Rogan Experience
#2404 - Elon Musk

And I guess people just generally don't appreciate the degree to which the government overspending is a problem.

The Joe Rogan Experience
#2404 - Elon Musk

But even like the Social Security website, this is under the Biden administration.