An interview with Elon Musk

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The Intelligence from The Economist 1h 20m 2 speakers 8 chapters transcribed 13 days ago
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What is the main topic discussed in this episode?

Elon Musk 0:03
The Economist.
Zanny Minton Beddoes 0:10
Hi, I'm Zani Mintonbedos, editor-in-chief of The Economist and host of The Insider. It's a weekly video show for subscribers that you can watch on the Economist app or online. Today, we're bringing the insider to our podcast listeners. I want to give you the chance to hear some of the interviews I've been doing with the people shaping our world.
Elon Musk 0:29
Hello.
Zanny Minton Beddoes 0:30
Okay, we'll look at you.
Elon Musk 0:32
Hello?
Zanny Minton Beddoes 0:34
I saw Elon Musk a few months ago at an event in California, and I asked him if he'd like to come onto the insider. He said I should get in touch with him after the SpaceX IPO, and so I did, DMing him on X, his social media platform. And a few weeks later, I found myself in a Tesla factory in Texas. That's
Elon Musk 0:52
a little too close, obviously. You what? It's too close.
Zanny Minton Beddoes 0:55
Put it wherever you want. Put it wherever you want. It's got we've got a little bit of a conversation.
Elon Musk 1:00
Yeah, no,
Zanny Minton Beddoes 1:01
no, not at all. Our conversation lasted more than ninety minutes. It was fascinating, fraught, and at times heated. It's something that I thought you, our readers, watchers, and listeners, should hear first hand and in full. So with apologies for the length, here it is. Elon Musk, thank you so much for joining me on the Insider. Thank you for having us here at Tesla Giga. It is really hard to introduce you without using superlatives. I mean you are doing, I think, more to build the future than literally anybody alive right now.
Elon Musk 1:37
I'm doing a lot of building in general. I'm you're doing a lot of building. I just like building things.
Zanny Minton Beddoes 1:43
You are, but you're building I mean you
Elon Musk 1:45
You know, run around building things all day long.
Zanny Minton Beddoes 1:47
You run around building a lot of things. You pioneered electric vehicles, you revolutionized space travel, you've got a cutting edge AI model now, humanoid robots. Can we start this conversation by you putting all of this together? Yeah. Tell me what the world's gonna be like in, let's say, ten years, if you succeed.
Elon Musk 2:04
Ten years, so we're talking twenty thirty six. Yeah.
Zanny Minton Beddoes 2:08
Hopefully we'll both be around. Hopefully,
Elon Musk 2:09
yes. Uh probably. Most likely we will be. It's hard to imagine the future that where there's not an overwhelming amount of artificial intelligence. Meaning like in ten years I would expect artificial intelligence to be Far greater than the sum of human intelligence. Like far greater. In fact, I think AI may exceed the sum of human intelligence. In about in around five years.
Zanny Minton Beddoes 2:36
Five years.
Elon Musk 2:37
Roughly five years is my guess. There really won't be anything that AI can't do better than humans, apart from being human, perhaps.
Zanny Minton Beddoes 2:45
At a more prosaic level, what will life be like?
Elon Musk 2:51
The most likely outcome is an age of amazing abundance, uh, where Anyone can have anything they can think of. This is this is uh this may sound preposterous, but Well, here we are in twenty twenty six. Let's see where we stand in twenty thirty six. Now of course there are things that could uh derail this like a a massive global thermonuclear war or something like that. But assuming that there's not World War Three. I think we're headed for an age of amazing abundance. So this is I guess a message of of optimism. And uh excitement about the future.
Zanny Minton Beddoes 3:31
So we'll talk about the abundance in a second, but just in a very prosaic matter, how are your companies going to be making money? Because when you in the SpaceX IPO prospectus it it looked as though the overwhelming amount of the revenue would be coming from AI from Grok really. It won't be transporting things to space as SpaceX is now doing. What will your companies be doing in ten years? And how will they make money?
Elon Musk 3:55
Well, you can really think of the economy as Uh digital and physical intelligence. So what we have right now advancing very rapidly is digital intelligence, obviously with with AI that is It seems that well almost with every passing week there are are more AI breakthroughs that it can do something amazing that it couldn't do before. But it's still somewhat confined to the digital realm. It doesn't have And effectors. You need the end effectors in the form of humanoid robotics, um humano you know you need you know basically a l lots of bots in a nutshell.

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