Latest / Elon Musk Thinking / 9 Years Ago, Elon Musk's Vision for the Future.
Transcript
- 0:00Speaker 1: I think the most remarkable thing that we do have
- 0:04Speaker 1: today is the Internet and access to all the world's
- 0:07Speaker 1: information from anywhere, So that that's having a supercomputer in
- 0:11Speaker 1: your pocket is I think something people wouldn't have predicted,
- 0:15Speaker 1: you know, back to the future, So that that's the
- 0:19Speaker 1: that's the biggest thing, and probably what they would be
- 0:24Speaker 1: most surprised at is that we haven't progressed more in space.
- 0:28Speaker 1: So the people would have expected, i think, to have
- 0:33Speaker 1: a space hotel impact ots Clark and one, yeah, exactly.
- 0:38Speaker 1: The twenty ten was really crazy, you know, space advancement,
- 0:42Speaker 1: so it would like be going to Jupiter and that
- 0:44Speaker 1: kind of thing. So that that's probably like the most
- 0:47Speaker 1: surprising thing. Like particularly if you go back even further,
- 0:50Speaker 1: if you say, in sixty nine when people first landed
- 0:55Speaker 1: on the Moon, if you'd ask people, if you'd asked
- 0:58Speaker 1: the public, what what would the situation be in twenty fifteen,
- 1:03Speaker 1: I think they would imagine that where we would have
- 1:06Speaker 1: a base on the Moon, a base on Mars, and
- 1:08Speaker 1: be you know, all over the Solar system by now
- 1:11Speaker 1: that's probably Vegas.
- 1:12Speaker 2: What happened?
- 1:12Speaker 3: I mean, is there any pattern even sense for where
- 1:15Speaker 3: our dreams are and science fiction, realities drift from reality
- 1:18Speaker 3: and where they are reality is there is there some
- 1:22Speaker 3: reason you think, like because we have dreams today of
- 1:24Speaker 3: where that you know that we're going to have these
- 1:25Speaker 3: Mars colonies in their future And yeah, well unless something
- 1:30Speaker 3: jumps to mind, let me let me I have a
- 1:31Speaker 3: bunch of questions by the way, from the audience as well.
- 1:33Speaker 2: Here I want to I want to move to something
- 1:34Speaker 2: a little more current as we move forward in time.
- 1:38Speaker 3: Twenty years ago when we first met, you were starting
- 1:40Speaker 3: your first internet company of two, the one before PayPal,
- 1:43Speaker 3: zip too, And I know that in your youth.
- 1:48Speaker 2: You envisioned a variety of industries that needed to change.
- 1:52Speaker 3: When you were pursuing your first one, did you imagine
- 1:54Speaker 3: you would get to the next one and the next
- 1:56Speaker 3: one or no?
- 1:58Speaker 1: I mean to when in college, just thought, well, what
- 2:01Speaker 1: are the things that I'd most likely to affect the
- 2:02Speaker 1: future of humanity just in you know, at a macro level,
- 2:06Speaker 1: And it just seemed like it would be like the
- 2:09Speaker 1: Internet and sustainable energy making like multiplanetary and then genetics
- 2:15Speaker 1: and AI and I thought the first three he worked
- 2:19Speaker 1: on those that were like almost suddenly going to be good,
- 2:22Speaker 1: and then the last two a little more dodgy.
- 2:26Speaker 2: In terms of the net benefit. Yeah, and for the double.
- 2:29Speaker 4: Edged sword, and you're not sure which edge is the worse.
- 2:33Speaker 3: Interesting, So it would it seems like begging the question,
- 2:37Speaker 3: are genetics and AI the ones that are ripe for
- 2:39Speaker 3: students today they be thinking about as they look.
- 2:42Speaker 4: They are.
- 2:44Speaker 1: My cousin of your younger cousin who's just finishing up
- 2:50Speaker 1: sort of physics and computer science degree. Actually Berkeley, we
- 2:58Speaker 1: know and and he's uh, he says, everyone there is
- 3:04Speaker 1: in the computer science department is working on AI. So
- 3:08Speaker 1: I mean, I think we're going to see some crazy
- 3:09Speaker 1: breakthroughs in the next few years on that front.
- 3:13Speaker 2: Yeah.
- 3:13Speaker 3: I want to come back to that later as we
- 3:15Speaker 3: look more to your vision of the future, as you
- 3:18Speaker 3: think back though to your younger self or you know,
- 3:20Speaker 3: many of the people in the audience are themselves college
- 3:23Speaker 3: students and either undergrad or grad programs, and are thinking
- 3:27Speaker 3: about the world they're entering it. I'm curious this maybe
- 3:30Speaker 3: an odd question, but one that I find fascinating as
- 3:32Speaker 3: you think here today back to your younger self, is
- 3:35Speaker 3: there any advice you wish you could have given your
- 3:38Speaker 3: younger self in with hindsight given what you know now.
- 3:42Speaker 2: Well, I mean I give like a lot of advice,
- 3:47Speaker 2: a bunch of things like that.
- 3:48Speaker 3: Yeah, I gotcha, But it's just in terms of how
- 3:52Speaker 3: to think about a life trajectory perhaps, or how to
- 3:56Speaker 3: pursue your passions.
- 3:59Speaker 1: I'm reagonally happy with how things turned out, so it's like.
- 4:09Speaker 4: Not trouble.
- 4:10Speaker 2: Yeah, that's a good point, though, I.
- 4:16Speaker 4: Don't think if there's anything, we'll let you.
- 4:20Speaker 2: If something else to mind, let me know, but let me.
- 4:23Speaker 1: I mean apart from the obvious, like just telling telling
- 4:25Speaker 1: my younger self exactly how the future will unfold, which
- 4:28Speaker 1: is but that that you know, wouldn't be that that's
- 4:31Speaker 1: not exactly a buy or has.
- 4:32Speaker 2: Been capsulated into non correctly more being wisdom.
- 4:35Speaker 1: Yeah, yeah, exactly like wisdom. I mean, I mean there's
- 4:41Speaker 1: there's there's a lot of things. I mean it's sort
- 4:43Speaker 1: of I mean certainly, yeah, I mean, you know, listen,
- 4:51Speaker 1: listen more to critical feedback.
- 4:54Speaker 4: M Yeah.
- 4:56Speaker 1: I mean, like a lot of things I learned in
- 4:58Speaker 1: college actually were pretty helpful. I mean that, I the
- 5:00Speaker 1: physics approach to thinking is very good, like the first principles.
- 5:02Speaker 2: Approach, and you applied that broadly yeah, played.
- 5:06Speaker 1: Applying the first principles approached to thinking is I think
- 5:10Speaker 1: a good way to figure out a counterintuitive situations. And yeah,
- 5:19Speaker 1: I thought that that was that was really a helpful
- 5:21Speaker 1: thing to learn.
- 5:26Speaker 2: That's good.
- 5:26Speaker 4: Yeah, I mean.
- 5:29Speaker 3: Yeah, sorry, no, no, I feel free to jump in
- 5:32Speaker 3: because I don't know how i'd answer that question.
- 5:33Speaker 4: I mean, yeah, what would you do? What would you
- 5:35Speaker 4: tell your younger sel.
- 5:38Speaker 2: It'll be all right, you weren't as darky as you think.
- 5:41Speaker 2: Advice like that, nothing's really too actionable, don't worry about it.
- 5:44Speaker 3: What just don't be so insecure about anything you're insecure
- 5:48Speaker 3: about it. Yeah, I would probably the advice to myself,
- 5:50Speaker 3: but let's move on. I'm not used to thinking about me,
- 5:56Speaker 3: so you know, I may be roughly over generalizing here,
- 6:00Speaker 3: but it seems to me that there's some often a
- 6:02Speaker 3: trigger problem that generates in your mind a great solution
- 6:06Speaker 3: for when you come up with a new companies. So,
- 6:08Speaker 3: for example, when trying to negotiate with the Russians for
- 6:10Speaker 3: launch capacity, the aha that at least you just build
- 6:14Speaker 3: a better rocket to solve this problem comes forth, or
- 6:17Speaker 3: when you deal with the commute on the floor or
- 6:20Speaker 3: fire or whatever in la, it's like, my god, what
- 6:22Speaker 3: is wrong with mass transit and perhaps hyperloop?
- 6:24Speaker 2: And then you know, with.
- 6:27Speaker 3: A variety of ideas, there seems to be some trigger
- 6:28Speaker 3: something that's broken in the world that and you have
- 6:31Speaker 3: the idea of how to fix it.
- 6:32Speaker 2: And I guess what I'm curious about is not how.
- 6:35Speaker 3: You've picked the areas of interest in the solutions, but
- 6:38Speaker 3: how have you decided what not to fix? In other words,
- 6:41Speaker 3: there's many things that need fixing in the world, and
- 6:43Speaker 3: students here probably can think of a long list, many
- 6:47Speaker 3: of which you could probably imagine solutions to using the
- 6:50Speaker 3: physics first principle approach. But has there been any framework
- 6:53Speaker 3: or idea if you've used to filter out what you
- 6:55Speaker 3: don't do, what you don't pursue.
- 7:00Speaker 1: Yeah, I mean, well if sort of followed what I
- 7:04Speaker 1: did initially was you know, well, you go back to
- 7:08Speaker 1: like college times.
- 7:09Speaker 4: I was working on.
- 7:12Speaker 1: Energy storage technologies for electric vehicles, and that's what I
- 7:15Speaker 1: was going to pursue at Stafford actually was work on
- 7:19Speaker 1: like advanced capacitors and batteries to improve the energy density
- 7:23Speaker 1: for electric vehicles. And then the Internet was kind of happening.
- 7:28Speaker 1: It was clear like the Internet was happening like back
- 7:30Speaker 1: in like ninety four ninety five, and I wasn't sure
- 7:35Speaker 1: if what I worked on in the PhD would actually
- 7:37Speaker 1: be useful.
- 7:39Speaker 2: So I was like, I was really concerned that if
- 7:40Speaker 2: ice why timing or what was your intuition?
- 7:43Speaker 1: Meaning I think like it could be academically useful, but
- 7:46Speaker 1: not practically useful, Like I think it could result in
- 7:50Speaker 1: a PhD and adding some leaf to the tree of knowledge,
- 7:55Speaker 1: but then then discovering that, well, it's not really going
- 7:58Speaker 1: to going to matter, Like that's you know, is it
- 8:01Speaker 1: is it going to be a good enough thing to
- 8:03Speaker 1: actually be used in electric vehicle?
- 8:05Speaker 4: I wasn't sure.
- 8:06Speaker 1: I mean, so it was like I was uncertain as
- 8:09Speaker 1: to whether success was one of the possible outcomes, right,
- 8:11Speaker 1: Like I thought maybe it was, but it wasn't sure.
- 8:13Speaker 1: And and then I thought, well, if I watched the
- 8:16Speaker 1: Internet get built while I'm doing this, that that that
- 8:21Speaker 1: would be really frustrating.
- 8:23Speaker 3: There's a sense of that eminent timing that like that
- 8:25Speaker 3: was the time for the Internet, and maybe yeah, the
- 8:27Speaker 3: other stuff could wait or be on the back.
- 8:29Speaker 2: That's what we want to be your mind? Was it
- 8:30Speaker 2: always there is like one day I'll get back to
- 8:32Speaker 2: that or was it.
- 8:33Speaker 1: Yeah, I thought probably i'd get back to it, and
- 8:35Speaker 1: it did end up doing that. But yeah, I thought
- 8:39Speaker 1: sort of the the Internet was happening, it like really
- 8:43Speaker 1: taking off all the most people weren't aware of it
- 8:46Speaker 1: in ninety five, and and so I figured, like electric
- 8:53Speaker 1: vehicle technology, energy, story of technology will there'll be some
- 8:56Speaker 1: sort of natural progression in that, and I could come
- 8:59Speaker 1: back to it later. But the Internet, you know, it
- 9:02Speaker 1: was it was really that was the moment to really
- 9:04Speaker 1: do something. Although in ninety five it wasn't obvious that
- 9:08Speaker 1: you could actually make any money on the Internet. This
- 9:10Speaker 1: was like nobody until Netscape went public. I think at
- 9:14Speaker 1: the end of ninety five, nobody even thought there was
- 9:18Speaker 1: like you could make a valuable company on the Internet.
- 9:21Speaker 2: It wasn't as obvious as it seems now.
- 9:23Speaker 1: Yeah, like now it seems really obvious, but back then
- 9:26Speaker 1: it was not at all. So it was really from
- 9:29Speaker 1: the perspective of it wasn't like, oh, I want to
- 9:31Speaker 1: make a bunch of money. It was actually from it's
- 9:34Speaker 1: like I want to just be a part of fooling
- 9:35Speaker 1: this thing that I thought was like like a nervous system.
- 9:38Speaker 1: It was like previously people had communicated effectively by osmosis,
- 9:42Speaker 1: and you know, you'd have like basically physically, you know,
- 9:47Speaker 1: connect with somebody to really communicate. You're like a letter,
- 9:51Speaker 1: like you said, letters like that on paper. And with
- 9:56Speaker 1: the Internet, anyone who had a connection anywhere in the
- 9:59Speaker 1: world would have access to all the world's information, just
- 10:02Speaker 1: like sort of a nervous system in a like. So
- 10:04Speaker 1: humanity was effectively becoming a super organism and qualitatively different
- 10:09Speaker 1: than what it had been before, and so I wanted
- 10:11Speaker 1: to be part of that. And yeah, so but but
- 10:16Speaker 1: initially the goal was just to make enough money to
- 10:18Speaker 1: pay the rent. It wasn't, you know, to do anything
- 10:21Speaker 1: beyond that.
- 10:22Speaker 3: And then it's many you know that much of that
- 10:24Speaker 3: capital then got ploid back into your next businesses.
- 10:27Speaker 1: Right right exactly exactly, so then they and then the Internet.
- 10:30Speaker 1: It's also helpful because it's anything to do with software
- 10:33Speaker 1: is a low capital endeavor. So I didn't have any
- 10:35Speaker 1: money and just had a bunch of student dad, and
- 10:40Speaker 1: so there's but software you can just write like by yourself,
- 10:45Speaker 1: and you don't need a lot of atoms, like you
- 10:47Speaker 1: don't need a lot of tooling and equipment, and so
- 10:50Speaker 1: it's not capital intensive. So the ability to start a
- 10:53Speaker 1: company if it's software related and it's the first company,
- 10:57Speaker 1: is much much easier.
- 10:59Speaker 3: Right, And it seems obvious now that of course the
- 11:03Speaker 3: easier place to start, and then as you gained more
- 11:04Speaker 3: of a personal reputation and had more personal capitalis some marmy.
- 11:08Speaker 3: And I know SpaceX was almost what was entirely funded
- 11:11Speaker 3: by Elon for its first period, partially from you know,
- 11:15Speaker 3: and in an era when others probably wouldn't have funded
- 11:18Speaker 3: it in those arrives to days.
- 11:19Speaker 1: Well, actually, I mean with the precursor to to SpaceX
- 11:23Speaker 1: was not the idea wasn't really to create a company.
- 11:26Speaker 1: It was it was to try to figure out why
- 11:30Speaker 1: we hadn't gone sent people to Mars. So so we
- 11:35Speaker 1: went from sept to to PayPal and then and then
- 11:41Speaker 1: going from paypals. So the next thing, I was sort
- 11:43Speaker 1: of thinking, well, it is some way to reignite the
- 11:47Speaker 1: dream of Apollo. And I thought, well, it was maybe
- 11:51Speaker 1: a question of like we'd lost the will to explore it.
- 11:54Speaker 1: But I actually think that that that my original premise
- 11:57Speaker 1: was wrong. We had not lost the will to explore,
- 11:59Speaker 1: but people did not think there was a way, and
- 12:01Speaker 1: people don't think there's away. Then they just they won't
- 12:03Speaker 1: bash their head against the wall continuously. They'll you know,
- 12:06Speaker 1: they'll sort of give up. So but in the beginning,
- 12:10Speaker 1: I thought it was a question of will, so that
- 12:14Speaker 1: if we can send a small greenhouse to the surface
- 12:17Speaker 1: of Mars, and you could, and you have seeds and
- 12:21Speaker 1: nutrients l and you hydrated upon landing, and then you'd
- 12:23Speaker 1: have this little greenhouse on the surface of Mars. And
- 12:26Speaker 1: people tend to respond to precedence and superlatives. Nless will
- 12:29Speaker 1: be the first life on Mars as far as we knew,
- 12:31Speaker 1: whetherst that life's ever traveled. You have this great shot
- 12:34Speaker 1: of green plants on a red background, and I thought,
- 12:37Speaker 1: well that maybe that would get people excited about sending
- 12:39Speaker 1: people to Mars.
- 12:40Speaker 3: So the headlines were clear in your mind. Once you
- 12:42Speaker 3: had success on what that would lead to catalyzed action.
- 12:45Speaker 1: And actually the goal was to get the public excited
- 12:49Speaker 1: about that and get NASA's budget increased, so that that
- 12:52Speaker 1: was actually the original goal. And so I went to
- 12:56Speaker 1: Russia to try to buy some ICBMs in two thousand one.
- 13:02Speaker 1: It's an interesting experience.
- 13:04Speaker 2: A lot of vodg, Yeah, a lot of vodka yeah.
- 13:07Speaker 1: It's crazy, and I couldn't afford the regular rockets like
- 13:12Speaker 1: the Boeing and luckhead rockets are too expensive and still are, yes,
- 13:17Speaker 1: very expensive.
- 13:18Speaker 2: That's sorry, Wait me jump in here for a second.
- 13:22Speaker 3: Because the anecdote you brought up of wanting to change
- 13:26Speaker 3: government policy and inspire the world to have a MARS
- 13:29Speaker 3: program if you will, whether it's popular uprising or or
- 13:32Speaker 3: space programs at the government level, I think it's a
- 13:35Speaker 3: fascinating anecdote because in a sense what you were saying
- 13:37Speaker 3: is I, as an individual, want to start an entity,
- 13:40Speaker 3: business or otherwise that will catalyze change even beyond the company.
- 13:45Speaker 2: Level or the industry level. And I see apparallel in other.
- 13:49Speaker 3: Initiatives you've taken on in that if you look at
- 13:53Speaker 3: the goal of Tesla under your leadership, it is to
- 13:56Speaker 3: share the transition to all vehicles being electric, not just
- 13:59Speaker 3: the cars that currently are produced by Tesla, and with
- 14:03Speaker 3: Powerwall and Solar City, arguably the description is one of
- 14:07Speaker 3: ushering in a wholesale shift to renewable energy. Many of
- 14:11Speaker 3: the solutions required wouldn't be provided by the companies you're starting,
- 14:15Speaker 3: and so as I, as I deal in entrepreneurship, as
- 14:17Speaker 3: a venture capitalist every day we see this incredible scope
- 14:21Speaker 3: of ambition here that is breathtaking, like change the world
- 14:25Speaker 3: with Steve Jobs and others talk about it in a company,
- 14:28Speaker 3: maybe shifting an industry, but we're talking about shifting like
- 14:31Speaker 3: the entire zeitgeist of the world in a sense, and
- 14:34Speaker 3: maybe eventually other worlds.
- 14:36Speaker 2: So my question is do you.
- 14:39Speaker 3: Start always in your mind with that as a like
- 14:43Speaker 3: I said, like, where's the starting point?
- 14:45Speaker 2: Is it? Okay?
- 14:46Speaker 3: I see this arc of a story like the Mars example,
- 14:49Speaker 3: or renewable energy, and then do you pull back to
- 14:52Speaker 3: where's the best product to get it unstuck?
- 14:55Speaker 2: Like why isn't this happening? And like if I solve
- 14:57Speaker 2: that problem then it unlocks value. How does that happen
- 15:01Speaker 2: in your mind?
- 15:03Speaker 4: Sure?
- 15:03Speaker 1: So, I mean I should say, like when when we
- 15:09Speaker 1: started SpaceX and Tesla, I mean I really thought the
- 15:12Speaker 1: probability of success was very low. I mean it wasn't
- 15:15Speaker 1: like I think, oh, we'll definitely be successful. I thought
- 15:17Speaker 1: I thought we'd be like maybe ten percent likely. Well yeah,
- 15:23Speaker 1: and in the case, we came very close to both
- 15:25Speaker 1: companies not succeeding. In two thousand and eight, you know,
- 15:28Speaker 1: we had the we'd had three failures of the SpaceX rocket,
- 15:33Speaker 1: so we're zero for three. We had the crazy financial recession,
- 15:39Speaker 1: like the Great Recession, the Tesla financing round of falling
- 15:43Speaker 1: apart because like pretty hard to raise money for.
- 15:46Speaker 4: The startup car company.
- 15:47Speaker 1: If GM and christ are going bankrupt, like it's partly
- 15:51Speaker 1: for the upside, Yeah, it's that was a tricky one.
- 15:56Speaker 1: And you know, unfortunately, at the end of two thousand
- 15:59Speaker 1: and eight, the fourth launch which was that was the
- 16:01Speaker 1: last launch we had money for worked for SpaceX and
- 16:06Speaker 1: and then we closed the Tesla finance ground is you know,
- 16:09Speaker 1: Christmas Eve two thousand and eight, last hour of the
- 16:12Speaker 1: last day that it was possible.
- 16:13Speaker 3: Yeah, thanks to you for those that don't know, the
- 16:16Speaker 3: most extraordinary act of entrepreneurial zeal and commitment I've ever
- 16:20Speaker 3: seen where Elon personally saved Tesla in those hours, like
- 16:23Speaker 3: when no one else would write a check, he spoke
- 16:25Speaker 3: for it all and that flipped the mentality from fear
- 16:29Speaker 3: to greed and everyone joined the bandwagon and everything changed
- 16:32Speaker 3: from you know, divoting into the ground to success. But
- 16:35Speaker 3: you were willing to go like net negative personally of
- 16:39Speaker 3: isn't that your net worth? And it's it's a remarkable story.
- 16:42Speaker 4: Thanks for supporting. By the way, those much appreciate it.
- 16:46Speaker 2: We were happy to fall right behind in line. But
- 16:49Speaker 2: it was all him.
- 16:51Speaker 3: So I guess on this this idea though the big picture,
- 16:56Speaker 3: I'm curious in the way I heard you just now
- 16:58Speaker 3: describe the greenhouse and the headlines is interesting. Do the
- 17:01Speaker 3: marketing headlines flash through your mind as you introduce new
- 17:05Speaker 3: products that are a step to a much grander vision.
- 17:08Speaker 2: I'm curious because it seems like it has two purposes.
- 17:11Speaker 3: Like getting employees, customers, everyone really gung ho about the vision,
- 17:14Speaker 3: but it also makes it larger than life in so
- 17:16Speaker 3: many ways.
- 17:18Speaker 1: Well, I mean, if you're trying to convince the public
- 17:21Speaker 1: to do something, you have to say, Okay, how's this
- 17:23Speaker 1: going to read?
- 17:24Speaker 4: And what message are we going to try to convey?
- 17:27Speaker 4: What will people respond to?
- 17:28Speaker 1: What would I respond to if I was, you know,
- 17:30Speaker 1: sort of an objective member of the public, And so
- 17:33Speaker 1: that's that's really you know, if if you're trying to
- 17:36Speaker 1: change people's minds or get people fired up about something,
- 17:39Speaker 1: then you got to think, Okay, what what's that message?
- 17:41Speaker 1: What's going to get them really excited?
- 17:44Speaker 3: And that's really good advice, by the way, for all
- 17:46Speaker 3: the engineering students here, as I was a one as well.
- 17:50Speaker 3: I'm curious there's as an adjunct sometimes to these grand
- 17:53Speaker 3: visions like making humanity a multiplanetary species, or shifting us
- 17:57Speaker 3: to renewable energy, or making all the equals electric, that
- 18:01Speaker 3: has a purpose driven element to it. There's a higher
- 18:04Speaker 3: calling than the quarterly bottom line. In fact, there was
- 18:07Speaker 3: a Tesla quarterly report I remember famously where the opening,
- 18:10Speaker 3: the literally opening line was, while profits are not a
- 18:13Speaker 3: priority common you know, nevertheless.
- 18:16Speaker 2: Exactly, And I was struck by it at first, and
- 18:19Speaker 2: it did occur.
- 18:20Speaker 3: To me that it's not like a miss some sort
- 18:22Speaker 3: of misdirected fiduciary question. To me, it seems like, how
- 18:25Speaker 3: could you lead an industry transition if your business model
- 18:28Speaker 3: was worse than what's already there, Meaning like if you
- 18:31Speaker 3: weren't more profitable in the long term and a better business,
- 18:35Speaker 3: why would anyone shift?
- 18:36Speaker 2: Right? So it almost seems like, look, the right purpose profits.
- 18:38Speaker 1: Follow, Yeah, well, if if your makeup if the you know,
- 18:44Speaker 1: if the output is more valuable than the inputs, which
- 18:47Speaker 1: is really that's that's that's profit, Like the output is
- 18:49Speaker 1: more valuable in the input that that says you're have
- 18:54Speaker 1: a useful company. So now in a high growth scenario
- 18:59Speaker 1: you have a lot more inputs for future outputs, so
- 19:02Speaker 1: that you have negative cash flow and lack of profitability
- 19:05Speaker 1: and which we currently have a tesla. But in the
- 19:09Speaker 1: long term, of course that has to be that that
- 19:11Speaker 1: has to be fixed, that they can't be negative cashlow
- 19:13Speaker 1: in long term and that there needs to be a
- 19:18Speaker 1: net positive output, which is sort of profits in the
- 19:22Speaker 1: long term. But in the short term when this hyprowth
- 19:25Speaker 1: that doesn't it isn't the most sensible thing.
- 19:27Speaker 3: And then there's also related things like open sourcing, patents
- 19:30Speaker 3: and acts that to me relate to the purpose.
- 19:33Speaker 2: Let's let the whole lot of industry do this.
- 19:35Speaker 3: And so I'm curious, what do you see from your
- 19:38Speaker 3: mantage point as the benefits of a purpose DRITN company,
- 19:41Speaker 3: Meaning when you have this thing that every employee and
- 19:45Speaker 3: customer knows is the purpose of the company, how do
- 19:48Speaker 3: you see that flowing through to benefits for the company?
- 19:51Speaker 4: Well, I think.
- 19:53Speaker 1: I think having a purpose suddenly is going to attract
- 19:56Speaker 1: the very best talent in the world, because if people
- 20:01Speaker 1: can if there's something that's intrinsically enjoyable and the francial
- 20:05Speaker 1: awards are good. But then also it's something that's going
- 20:08Speaker 1: to genuinely change the world, then that's I think that's
- 20:10Speaker 1: a pretty powerful motivator. And but I don't think like
- 20:14Speaker 1: everything needs to change the world, you know, I mean honestly,
- 20:17Speaker 1: like there's lots of like useful things that people do,
- 20:20Speaker 1: and I mean I think really it should be like
- 20:22Speaker 1: a usefulness optimization, like just say, like, is what I'm
- 20:27Speaker 1: doing as useful as it could be?
- 20:29Speaker 2: You're talking about the goal of an organization or in general.
- 20:32Speaker 1: Yeah, and you know, just even if something isn't changing
- 20:36Speaker 1: the world, if it's making people's lives better, I think
- 20:39Speaker 1: that's that's great. And you know, if even if something
- 20:43Speaker 1: is like making only people's lives only slightly better, but
- 20:46Speaker 1: it's a large number of people, think kind of like
- 20:48Speaker 1: the area under the curve sure is quite good?
- 20:52Speaker 3: Is that mathematical first principles appointing utility and number exactly?
- 20:58Speaker 1: Like I mean, because one can say, is like some
- 21:01Speaker 1: app really making people's life better, But if it's affecting
- 21:04Speaker 1: a lot of people, even in a small way, then yeah,
- 21:08Speaker 1: the sort of area is good.
- 21:11Speaker 3: Interesting, So let's shift gears a little bit, since it
- 21:14Speaker 3: is future fest looking to the future, right, we started
- 21:17Speaker 3: thirty years in the past, but the future keeps accelerating.
- 21:20Speaker 3: So let's maybe look twenty years in the future for
- 21:22Speaker 3: an equivalent leap. Arguably five years in the future, it
- 21:25Speaker 3: might be equivalent to the past thirty but let's say
- 21:27Speaker 3: twenty So the year twenty thirty five. What does the
- 21:30Speaker 3: future look like? As far as you can tell, what
- 21:33Speaker 3: would you yeah, twenty thirty five, Yeah, twenty years.
- 21:39Speaker 1: It's always really tricky to predict the future. I mean,
- 21:46Speaker 1: some of it's pretty obvious, like computing power is going
- 21:48Speaker 1: to be just crazy. The big change is the cost
- 21:54Speaker 1: of computing power, not so much the sort of circuit density,
- 21:58Speaker 1: sort of the Moslaw thing. But if you if you
- 22:01Speaker 1: look at say, what is the actual you know, dollars
- 22:05Speaker 1: per you know, per instruction and that that is draw
- 22:12Speaker 1: I mean that that that cost is dropping exponentially if
- 22:15Speaker 1: you think about it, like like if you're making a computer,
- 22:18Speaker 1: just you're rearranging silicon and copper, you know, so on
- 22:22Speaker 1: a on a little chip and once the capital cost
- 22:25Speaker 1: of the development and the chip plant is paid for,
- 22:31Speaker 1: the act I mean, the module cost of a chip
- 22:33Speaker 1: is very very tiny. So I think we'll see massively
- 22:38Speaker 1: parallel computers and computing power and storage being you know,
- 22:43Speaker 1: as really as much as you want.
- 22:47Speaker 3: And it's interesting I to start with that, like if
- 22:49Speaker 3: I I don't know what else to predict, but as
- 22:51Speaker 3: a foundation, for sure, this seems like the safest starting
- 22:54Speaker 3: you know, premise. But then what does that ripple through
- 22:57Speaker 3: to and fields like genetics in an EE which you
- 22:59Speaker 3: mentioned tneus driving, space related.
- 23:02Speaker 1: Topics, I mean just ubiquitous computing everywhere. I think like
- 23:08Speaker 1: AI is going to be incredibly sophisticated in twenty years.
- 23:13Speaker 4: The first like, it seems to be accelerating.
- 23:17Speaker 1: And the tricky thing about predicting things when there's an
- 23:20Speaker 1: exponential is that an exponential looks like it looks linear
- 23:23Speaker 1: close up and and but it's actually it's not linear.
- 23:28Speaker 1: So and AI appears to be accelerating for what I
- 23:35Speaker 1: can see, and for.
- 23:37Speaker 3: That you look at autonomus driving and point AI is
- 23:40Speaker 3: like the series like functionality as your guidepost.
- 23:44Speaker 1: Well, I had a sort of debate about someone like
- 23:45Speaker 1: is AI accelerating or not? And the like he was saying, well,
- 23:49Speaker 1: what's the y axis? You know, if if it's accelerating
- 23:53Speaker 1: your t on the X axis, But what's what's the
- 23:55Speaker 1: y axis?
- 23:56Speaker 4: Is it well thought about that?
- 23:57Speaker 1: I think you could have a recursive y axis, so
- 24:00Speaker 1: that if at any point in time your predictions for
- 24:04Speaker 1: AI are coming sooner or later, that that actually would
- 24:10Speaker 1: help define whether it's accelerating or not.
- 24:12Speaker 2: Whatever that access was. So you mentioned cursive access like, so.
- 24:16Speaker 1: If in any given year, if you find your predictions
- 24:20Speaker 1: are going further out or coming further or coming closer
- 24:24Speaker 1: in that that actually, you know, is one way to
- 24:28Speaker 1: think of acceleration because because otherwise, what's the what's the
- 24:32Speaker 1: qualitative a qualitative measure of AI?
- 24:35Speaker 2: I was saying, if giving technology is always twenty years
- 24:38Speaker 2: in the future, Yeah.
- 24:38Speaker 4: If if it's always twenty in the future, it's like
- 24:41Speaker 4: more logarithmic.
- 24:43Speaker 3: So I seem like it's one of the most fastly
- 24:46Speaker 3: accelerating things that you're aware of.
- 24:48Speaker 1: Yes, And I can certainly say that with with autonomous driving,
- 24:52Speaker 1: where you know, three years ago I thought it was
- 24:56Speaker 1: ten years away, and that two years ago I thought
- 24:59Speaker 1: it was five years away. Now I think it's three
- 25:02Speaker 1: years away or less than three years away.
- 25:04Speaker 4: Wow.
- 25:06Speaker 3: So when you say away like like like release to
- 25:10Speaker 3: market available for consumer adoption because as opposed to prototyping.
- 25:14Speaker 1: No, I mean like the like the technology works, there's
- 25:16Speaker 1: a sort of second question as to when regulators would
- 25:18Speaker 1: approve it. Yeah, yeah, but but like a love with
- 25:22Speaker 1: that the technology works in a technology works as a
- 25:26Speaker 1: general solution, so like time was driving like based across anywhere, so.
- 25:31Speaker 2: It could be sooner for point things like highway only.
- 25:33Speaker 4: Or I mean highway only.
- 25:34Speaker 1: We're already in public data with this a Tesla, so
- 25:38Speaker 1: we'll be hopefully in the next several weeks releasing two
- 25:42Speaker 1: to all of the cars that happen in the autopilot hardware,
- 25:45Speaker 1: which is all cars built like roughly the last twelve months.
- 25:47Speaker 2: Wow. Wow.
- 25:49Speaker 3: And so this seems like one of those things that
- 25:52Speaker 3: once you've experienced it, the inevitability of it becomes more apparent,
- 25:55Speaker 3: kind of like first time I sat in the electric vehicle,
- 25:58Speaker 3: it's just so clear, and same with a ton vehicles.
- 26:01Speaker 2: Do you think that will help persuade public opinion?
- 26:04Speaker 3: And like, like, the regulatory question is an interesting one
- 26:08Speaker 3: because a technology continues to accelerate, human nature doesn't, and
- 26:12Speaker 3: acceptance of change. I'm just not sure if there's like
- 26:16Speaker 3: as we look out in the future, should we assume
- 26:18Speaker 3: that no matter how fast something like more as Long accelerates,
- 26:20Speaker 3: there's always the counterbalancing force of human nature and habit.
- 26:26Speaker 1: Yeah, I mean that's yeah. I think, yeah, there's always
- 26:29Speaker 1: going to be the sort of there's always going to
- 26:33Speaker 1: be human nature, and it's difficult to predict. And I think,
- 26:36Speaker 1: what what what that will how that will affect things?
- 26:41Speaker 1: But I mean, I'm not sure if I fully answer
- 26:43Speaker 1: your question. So in terms of what I think, twenty
- 26:47Speaker 1: so for sure, EU Biker's computing AI that's beyond anything
- 26:52Speaker 1: like the public appreciates today.
- 26:55Speaker 4: I think we'll have.
- 26:58Speaker 1: Most of the new vehicles being produced being electric, and
- 27:04Speaker 1: we'll be probably have the super majority of energy being
- 27:08Speaker 1: produced being.
- 27:10Speaker 4: Sustainable.
- 27:11Speaker 2: So I think I think we're on headed solar primarily
- 27:13Speaker 2: in your mirimarily solar.
- 27:15Speaker 1: Yeah, And so I think those I think that those
- 27:19Speaker 1: are sort of some good things. Like I think we'll
- 27:21Speaker 1: be hopefully in a good path for sustainable energy. Sooner
- 27:26Speaker 1: is always better, But I think by twenty thirty five,
- 27:28Speaker 1: I think we'll be substantially like most of transport, most
- 27:34Speaker 1: of new energy being produced will be sustainable. Broadband everywhere,
- 27:39Speaker 1: broadband everywhere. Yeah, Mars colony and hopefully hopefully a small
- 27:46Speaker 1: base on Mars, a small city on Mars in twenty years. Yeah,
- 27:51Speaker 1: well okay by in town, village, hamlets.
- 27:59Speaker 2: I mean that's exciting. I mean that could get people
- 28:02Speaker 2: fired up about the future.
- 28:03Speaker 4: Yeah, I do. I agree exactly. I think that.
- 28:08Speaker 1: The idea of being Mullifana species and getting out there
- 28:11Speaker 1: and exploring the stars is one of those really inspiring
- 28:15Speaker 1: exciting things. I mean, just as Apollo was incredibly inspiring
- 28:20Speaker 1: to everyone around the world, and even those I mean
- 28:22Speaker 1: only a very tiny number of people went there, but
- 28:25Speaker 1: I mean vicariously, we all went there. And I think
- 28:28Speaker 1: that's true of if we have a Mars space as well.
- 28:32Speaker 1: And it's very important that we have things that are
- 28:34Speaker 1: exciting and inspiring in the future, because otherwise wipe it
- 28:37Speaker 1: up in the morning, you know, it was just about
- 28:38Speaker 1: one sort of sad problem after another.
- 28:41Speaker 4: It's like life, Life's not worth living.
- 28:43Speaker 3: Are there any other things that excites you a lot
- 28:45Speaker 3: about the future beyond the multiplanetary species? Perhaps, AI hope
- 28:52Speaker 3: that may scare you as well as excite you. The
- 28:54Speaker 3: autonomous vehicles. Are there any other planks that you think
- 28:57Speaker 3: looking forward twenty years, like this is what I really
- 28:59Speaker 3: get excited that.
- 29:02Speaker 4: Well.
- 29:03Speaker 1: I mean so for sure, for sure Mars and sustainable transport,
- 29:06Speaker 1: like those items I think that are really any sustainable energy,
- 29:10Speaker 1: Those are I think really cool things. And I mean
- 29:15Speaker 1: in terms of getting excited about it, I mean it's
- 29:20Speaker 1: I think we'll probably start seeing like more like truly
- 29:24Speaker 1: Cybork activity like human brain inter like like with brain
- 29:28Speaker 1: for viewer interfaces.
- 29:30Speaker 4: Like that.
- 29:30Speaker 3: There's a longside the ais that are purely Yeah, I
- 29:33Speaker 3: think so it's the only way we can relate to
- 29:35Speaker 3: I think, you know, and they have a conversation.
- 29:38Speaker 1: I mean, there are amazing things happen like happening these
- 29:40Speaker 1: days like this. They've been able to figure out how
- 29:43Speaker 1: to do an artificial hippocampus in rats and monkeys and
- 29:48Speaker 1: and now they're looking at doing that.
- 29:51Speaker 4: To solve severe epilepsy.
- 29:53Speaker 1: About half of severe epilepsy cases originate in the hippocampus,
- 29:58Speaker 1: and by having sort of an artificially augmented hippocampus, they
- 30:03Speaker 1: can actually solve I believe, the severe epilepsy cases. So
- 30:08Speaker 1: it's like like wow, and you can you can read
- 30:11Speaker 1: and write information back to the chip from your brain
- 30:15Speaker 1: at the individual neuron level, like today, pretty exciting.
- 30:19Speaker 3: The whole field of biology and things inspired by biology
- 30:22Speaker 3: and the information systems biology fascinate me personally as a
- 30:26Speaker 3: as a computer science oriented person.
- 30:28Speaker 2: Before I go to the student questions, which I'm about
- 30:31Speaker 2: to do, there was.
- 30:32Speaker 3: One last story I wanted to share that we experienced
- 30:35Speaker 3: together and ask your thoughts about it.
- 30:37Speaker 2: We were in Hawthorne, Texas when the grasshopper vehicle occur.
- 30:41Speaker 3: Happened to me, Yeah, spectacular explosion right in front of.
- 30:45Speaker 1: Us and right, and I like, I brought the SpaceX
- 30:48Speaker 1: board out to take a look at one of our
- 30:50Speaker 1: political takeover and lighting tests, and of course that's the
- 30:52Speaker 1: one that blows up.
- 30:57Speaker 2: Whoa, I mean the repercussions and walking.
- 31:03Speaker 4: Out a rud It's a rapid on schedule disassembly, that's.
- 31:05Speaker 3: Right, right, Yes, rapid unscheduled to the same when anyone
- 31:07Speaker 3: in the rockets are like a hobbyist or professionally knows
- 31:10Speaker 3: what that one is. Every component part is just sprewn
- 31:13Speaker 3: strewn across. And as we walked, one of the other
- 31:16Speaker 3: board members asked, and maybe they cheering up kind of
- 31:19Speaker 3: method with some quoting Bill Gates or somebody that said,
- 31:21Speaker 3: you know, if you haven't failed, then you're not learning,
- 31:23Speaker 3: or some paraphrase of the quote. And I remember your
- 31:26Speaker 3: reply and I have it written as a quote because
- 31:29Speaker 3: I want to put it on a placard.
- 31:30Speaker 2: Given the options, I prefer to learn from success, which
- 31:33Speaker 2: I think is a great comeback.
- 31:36Speaker 3: And so I guess I was curious, in general, what
- 31:38Speaker 3: do you think of the Silicon Valley mantra fail fast,
- 31:41Speaker 3: fail often, or as Esterradison says, always make new mistakes,
- 31:44Speaker 3: as if failure is the crucible of learning. Curious if
- 31:47Speaker 3: you had any further thoughts on that, and that maybe
- 31:49Speaker 3: off the tough comment you made out there.
- 31:51Speaker 1: Well, I mean, there are there are many that sort
- 31:54Speaker 1: of I mean, I think it's sort of there's like
- 31:55Speaker 1: some entropic basis for this, like there are many more
- 31:58Speaker 1: ways to fail than just exceed.
- 32:00Speaker 4: So you, I mean you have to explore.
- 32:02Speaker 1: I mean, particularly for a rocket, there's like a thousand
- 32:05Speaker 1: ways that think can fail and like one way it
- 32:07Speaker 1: can work, so you could you could have a lot
- 32:10Speaker 1: of rocket failures to explore all the ways in which
- 32:12Speaker 1: you could fail. So but I do think that one
- 32:15Speaker 1: great thing about Silicon Valley is that failure is not
- 32:19Speaker 1: a not a big stigma. So it's like if you
- 32:22Speaker 1: if you try hard and it doesn't work out, that's okay,
- 32:25Speaker 1: Like you can learn from that and you do another
- 32:29Speaker 1: company and it's not a big deal. And I think
- 32:31Speaker 1: that's that's really one of the great things about Silicon Valley.
- 32:34Speaker 3: Interesting do you also I'm curious to either on the well,
- 32:38Speaker 3: it seems to me that on the system design side,
- 32:40Speaker 3: you can accommodate a likely failure of subcomponents and and
- 32:44Speaker 3: so much of the elegance of let's say a Falcon
- 32:45Speaker 3: nine or a fucking nine heavy as an ultimate incarnation
- 32:49Speaker 3: of this vision of how the rocket should be built
- 32:51Speaker 3: to say, hey, parts will fail thing, but here's how
- 32:53Speaker 3: the system can succeed.
- 32:54Speaker 2: And I'm curious if.
- 32:55Speaker 3: There's any other thoughts along that how to how to
- 32:58Speaker 3: accommodate anticipated failure. And then also maybe inn like managerially,
- 33:02Speaker 3: is there ways that you motivate the team either in
- 33:04Speaker 3: advance of failure to coach them on how this is
- 33:07Speaker 3: going to happen, or in the aftermath of failure to
- 33:10Speaker 3: get them fired up to solve it and move forward
- 33:12Speaker 3: when it might be dark times, and like for them
- 33:15Speaker 3: when you notions like failure to launch, uh, you know,
- 33:18Speaker 3: exploding on the path. You know, there's all these it's
- 33:21Speaker 3: a very visual, it's public spectacle when you have a
- 33:23Speaker 3: setback in the rocket industry, and I'm curious how you
- 33:26Speaker 3: manage a round failure.
- 33:29Speaker 1: I mean it's I think it's it's quite quite painful
- 33:33Speaker 1: and difficult, honestly, and that it feels terrible. But yeah,
- 33:40Speaker 1: I mean, the the company is sort of looking to
- 33:43Speaker 1: you know, me too, you know, rally them, and so
- 33:46Speaker 1: I do. But I honestly feel super bad.
- 33:50Speaker 2: It's like a punch in the gut. Yeah, yeah, I remember.
- 33:53Speaker 2: It's almost like a time like the stages of grief.
- 33:55Speaker 3: I remember in Texas is kind of like sort of
- 33:58Speaker 3: denial and then this alally hits us at dinners.
- 34:02Speaker 2: Oh my god, what's just happened?
- 34:04Speaker 1: Yeah, I mean it's just I mean, it's particularly with rockets,
- 34:07Speaker 1: it's it's just a really like rockets are rockets. Space
- 34:12Speaker 1: is hard, and rockets tend to fail, unfortunately, and even
- 34:17Speaker 1: when you've got like a lot of really smart people
- 34:18Speaker 1: working super hard to minimize the pobolity of failure, it's
- 34:21Speaker 1: still still there and it's and it's you know, it's
- 34:25Speaker 1: it's quite significant, and you know, people have asked me like, well,
- 34:30Speaker 1: why why are rockets, you know, especially hard? And and
- 34:33Speaker 1: the you know part of it is like everything has
- 34:36Speaker 1: to work the first time, Like there's there's no you
- 34:39Speaker 1: can't do a recall, you can't patch it, it's got
- 34:41Speaker 1: it's like nine minutes to orbit or it's over.
- 34:45Speaker 4: And and then the.
- 34:48Speaker 1: You know, you can't you can never test the rocket
- 34:50Speaker 1: completely in the environment that it's actually going to experience.
- 34:53Speaker 1: You can't fully recreate something that's moving super fast in
- 34:57Speaker 1: a vacuum on of Earth, like you can only really
- 35:02Speaker 1: recreate that in space.
- 35:03Speaker 2: So the limit of the simulation tools. Is that a
- 35:06Speaker 2: limit of the simulation tools today? Or is yeah?
- 35:08Speaker 4: Absolutely?
- 35:09Speaker 1: If there's any error between the simulation and reality, and
- 35:13Speaker 1: there's always some amount of error, then that.
- 35:16Speaker 4: That can result in the failure. So it's a really
- 35:20Speaker 4: really tricky one. It's like.
- 35:23Speaker 1: In the software analogy, it would be like if you
- 35:25Speaker 1: had to write a whole bunch of software modules and
- 35:29Speaker 1: you can never run them together, and you can run
- 35:33Speaker 1: them on the target computer, like like when you're testing them,
- 35:36Speaker 1: you don't have to test them individually and not in
- 35:38Speaker 1: the actual computer that they're going to run on. Then
- 35:41Speaker 1: you put them, put all the modules together, run it
- 35:44Speaker 1: for the first time in a completely different or very
- 35:47Speaker 1: different computer, and it has to run with no bugs.
- 35:51Speaker 4: That is difficult.
- 35:53Speaker 3: The software analogies to rocket design are deep, the modular reuse.
- 35:57Speaker 3: I mean there's many of these, Like there's a little
- 35:59Speaker 3: soren' pamire. It's not like this is an aerospace engineer
- 36:03Speaker 3: by traditional training coming, but.
- 36:05Speaker 2: He is in fact radically changing the industry.
- 36:07Speaker 3: I think applying a CS perspective to industry after industry,
- 36:11Speaker 3: I'm like, how would how would you know computer scientist
- 36:13Speaker 3: or a physicist approach the problem, which oftentimes the solutions
- 36:16Speaker 3: very unlike the industry incumbents. There's there's a certain elegance
- 36:19Speaker 3: to it, at least from the outside. After I observer
- 36:22Speaker 3: like myself.
- 36:25Speaker 2: Let me switch, if I may, to some student questions
- 36:27Speaker 2: which will be completely in a different direction.
- 36:30Speaker 3: The first one comes from Nick zoo in an architectural
- 36:33Speaker 3: design coach or so to be switching more to the
- 36:36Speaker 3: other side of our brain for a moment, what do
- 36:38Speaker 3: you look for in design?
- 36:40Speaker 4: And related?
- 36:40Speaker 2: If you'd like, what do you look for in art? Design?
- 36:45Speaker 2: Might be more immediately elevent that's where he's coming from.
- 36:49Speaker 1: Sure, I mean I think there's I mean, you want
- 37:00Speaker 1: to make something beautiful. I mean that you want to
- 37:04Speaker 1: trigger what whatever fundamental aesthetic algorithms or like like in
- 37:11Speaker 1: your brain. There's you have I think some intrinsic uh,
- 37:17Speaker 1: elements that that represent beauty and and that that trigger
- 37:23Speaker 1: the the emotion of appreciation of beauty in you in
- 37:26Speaker 1: your in your mind. And I think that these are
- 37:31Speaker 1: these are actually relatively consistent among people. I mean not
- 37:35Speaker 1: not completely some people, like not everyone likes the same thing,
- 37:39Speaker 1: but there are there's a lot of commonality and and
- 37:45Speaker 1: and and they're yeah, and they're they're but but I
- 37:48Speaker 1: think it is important to combine aesthetic design with functionality.
- 37:53Speaker 1: Like the thing that's like, if you say, like what
- 37:56Speaker 1: was really hard about say the Model S or the
- 37:58Speaker 1: Model X was to combine aesthetics and utility, so to
- 38:05Speaker 1: to balance the two. You can make a car look
- 38:09Speaker 1: very good by giving it sort of certain proportions, like
- 38:14Speaker 1: making it sort of low and slim and and and uh.
- 38:19Speaker 1: But but if you if you do that, the utility
- 38:23Speaker 1: is significantly affected. So the big challenge with the say
- 38:27Speaker 1: the Model S, was trying to figure out how do
- 38:28Speaker 1: we get five adults plus two kids, because I want
- 38:31Speaker 1: to have through sevens here.
- 38:33Speaker 3: It seems like the Dragon and every teslazed room for
- 38:36Speaker 3: seven seven five children.
- 38:38Speaker 2: I can see. Yeah, it might be in important to
- 38:39Speaker 2: sign for.
- 38:41Speaker 1: I definitely don't think we should take the whole family
- 38:42Speaker 1: on the spacecraft. But but but that like the big
- 38:47Speaker 1: challenge with the like with with the S was having
- 38:50Speaker 1: a car that had a high utility and look good.
- 38:54Speaker 4: And the same with the X.
- 38:56Speaker 1: So like it's like with the to make a sports
- 38:59Speaker 1: car look it is relatively easy, but to make a
- 39:02Speaker 1: sedan look good or uns you look good is quite difficult.
- 39:07Speaker 1: And and I think another principle is you want to
- 39:10Speaker 1: have it feel bigger on the inside then it looks
- 39:13Speaker 1: on the outside, and that's also a really hard thing
- 39:16Speaker 1: to do. And then really pay attention to the little details,
- 39:23Speaker 1: the nuances of design and shape and form function, and
- 39:29Speaker 1: that you know, just the way it looks in different
- 39:31Speaker 1: lights and.
- 39:32Speaker 2: When something is off the little thing, how do you
- 39:35Speaker 2: experience that?
- 39:37Speaker 4: It drives me bananas?
- 39:39Speaker 1: Yeah, I mean it's the problem is like, if you
- 39:43Speaker 1: you can train yourself to pay attention to the tiny details,
- 39:47Speaker 1: I think almost anyone can, although this is a very
- 39:51Speaker 1: much double edged sword because then you see all the
- 39:53Speaker 1: little details and then little things drive you crazy. So
- 39:59Speaker 1: but like most people don't they don't see they don't
- 40:02Speaker 1: consciously see the small details, but they they do subconsciously
- 40:06Speaker 1: see them, like you sort of your mind takes in
- 40:09Speaker 1: your result of the overall you know, an overall impression,
- 40:14Speaker 1: and you know if something is appealing or not, even
- 40:17Speaker 1: though you may not be able to win out exactly why.
- 40:21Speaker 4: And it's it's the summation of these many small details.
- 40:25Speaker 3: So most of us experience it as a oh, I
- 40:27Speaker 3: think that's ugly, or I think that's beautiful, or like wow,
- 40:29Speaker 3: that's elegant.
- 40:30Speaker 2: But yeah, you can't break it down. You mentioned something
- 40:33Speaker 2: in passing like you can train yourself in this though.
- 40:36Speaker 4: Yeah, you can train yourself.
- 40:37Speaker 1: I think you can make yourself pay attention to to
- 40:40Speaker 1: why you're essentially bring the subconscious awareness into conscious awareness.
- 40:48Speaker 2: I wish I could do that. How do you do that?
- 40:51Speaker 3: Just Just pay really close attention, almost like a meditation
- 40:54Speaker 3: on the object, trying to find the details, like why
- 40:56Speaker 3: do I not like this?
- 40:58Speaker 1: Is that? What?
- 40:59Speaker 4: Yeah? Just look look closely and carefully.
- 41:03Speaker 1: And yeah, for any give an object, it's that it's geometry.
- 41:08Speaker 4: It's uh.
- 41:12Speaker 3: I've heard someone with for Steve Jobs, and that thought
- 41:14Speaker 3: occurred to me as well. I worked briefly with him,
- 41:16Speaker 3: and I could only experience as a visceral agitation with imperfection,
- 41:21Speaker 3: and like that's just wrong, like that to be fixed.
- 41:25Speaker 1: I have to turn it off otherwise that I can't
- 41:27Speaker 1: go through life. It's just yeah, it's yeah, it's the.
- 41:32Speaker 2: World around you or even in yeah, yeah.
- 41:34Speaker 1: Yeah if you because there's there's always something wrong somewhere
- 41:38Speaker 1: all the time, and so it's you really have to
- 41:42Speaker 1: turn it off otherwise, you know, God, you just get
- 41:46Speaker 1: the like the list of the mental list of things
- 41:48Speaker 1: that are wrong just drives you crazy.
- 41:50Speaker 3: I just wish this way you could just like record
- 41:51Speaker 3: it for everyone else to go fix. Just running tally right.
- 41:55Speaker 4: Oh my god.
- 41:57Speaker 3: So let me go to one other question. I found
- 41:59Speaker 3: that one interesting. I had no idea where that was
- 42:01Speaker 3: going to go. So I really appreciate that question, Nick,
- 42:03Speaker 3: Thank you. Let's see what's one of these doing it.
- 42:06Speaker 2: There's some combination of questions. Let me mention both. You
- 42:09Speaker 2: can pick which one you like more, because they both
- 42:10Speaker 2: relate to colonizing Mars.
- 42:12Speaker 3: One comes from Henning rote Ol, a PhD candidate and
- 42:14Speaker 3: Civil Environmental Engineering, which just asks elon giving your plan
- 42:17Speaker 3: to bring a million colonists to Mars, what are the
- 42:20Speaker 3: pressing future technologies that need to be developed in order
- 42:23Speaker 3: to support a robust and thriving surface colony, So technology
- 42:26Speaker 3: for I guess survival, And then maybe related from the
- 42:29Speaker 3: Stanford Space Initiative students, how do you envision humans governing
- 42:32Speaker 3: a separate planet?
- 42:33Speaker 2: Unlessure if you're sure. I had to think about that yet.
- 42:36Speaker 4: I thought a little bit about those things.
- 42:38Speaker 1: I mean, obviously the first challenge is just getting there
- 42:42Speaker 1: at all, and like that's you know, so SpaceX is
- 42:44Speaker 1: working super hard on figure out just how to get
- 42:47Speaker 1: large numbers of people and cargo to Mars. And I
- 42:50Speaker 1: think we've got something that I think works at a
- 42:54Speaker 1: sort of fundamental physics and economics level. So it's a
- 42:57Speaker 1: question of figuring out the detailed design, which we're working on.
- 43:01Speaker 1: We're only spending like half an hour a week on
- 43:02Speaker 1: it because like pressing near term priorities. But I'm kind
- 43:06Speaker 1: of excited about how it's coming together. So to getting
- 43:10Speaker 1: just getting that transport thing solved, I think we'll then
- 43:13Speaker 1: open up a tremendous number of opportunities for people on Mars.
- 43:17Speaker 1: You know, just like you know, having the Union Pacific
- 43:19Speaker 1: Railroad to California and the you know, and look at
- 43:25Speaker 1: what what you know resulted after that.
- 43:28Speaker 2: Other companies figured it out. It's like, what are you
- 43:30Speaker 2: going to get there?
- 43:30Speaker 1: Then you get then that the opportunities for entrepreneurs are
- 43:34Speaker 1: a tremendous that ranges everything from you know, everything you
- 43:39Speaker 1: can imagine like starting the you know, like the first
- 43:43Speaker 1: Italian restaurant or something on Mars. You know, it's like
- 43:47Speaker 1: somebody you've got to do it, and it'll be kind
- 43:48Speaker 1: of cool, you know, like a iron an iron refinery,
- 43:54Speaker 1: you know, like resourceing boundary, you know, the like the
- 43:58Speaker 1: the entire basic industry, and and then there'll probably be
- 44:03Speaker 1: things like that are just unique to Mars. But but
- 44:06Speaker 1: we we gotta we got to get that, you know, effectively,
- 44:09Speaker 1: that Union Pacific Railroad there in order to get get
- 44:13Speaker 1: the entrepreneurs there that and and and then create a
- 44:15Speaker 1: fertile environment for them to create companies. So that that's
- 44:21Speaker 1: that's m HM. So so once you're there, it's it's
- 44:24Speaker 1: it's going to be I think a lot of exciting
- 44:27Speaker 1: things that can be done. And in the beginning, you know,
- 44:30Speaker 1: people would live in kind of glass domes, but but
- 44:34Speaker 1: over time it would terrior for Mars and make it
- 44:36Speaker 1: like Earth. And so so I think it's just been
- 44:40Speaker 1: a lot of super exciting things that are hard to predict.
- 44:43Speaker 1: Just like when they're building you in Pacific, they would
- 44:47Speaker 1: hard Nobody would have predicted Silicon Valley and Hollywood, right,
- 44:50Speaker 1: you know that that's would have been like an urbanization
- 44:53Speaker 1: in general. Yeah, you know, well the California would be
- 44:57Speaker 1: like the most popular state in the country.
- 45:00Speaker 4: Like they're like that sounds crazy.
- 45:03Speaker 2: For them.
- 45:03Speaker 4: Goal is discovered, right yeah, so.
- 45:06Speaker 1: And so the yeah, I think like it's it's really
- 45:11Speaker 1: in coming on SpaceX or you know, maybe other organizations
- 45:13Speaker 1: to figure out how to get there. Well otherwise nothing
- 45:15Speaker 1: else mats and then once you get there, there's a
- 45:18Speaker 1: lot of sort of yeah, a lot that can be done.
- 45:21Speaker 1: From a governance standpoint, I mean, obviously, ultimately the governance
- 45:26Speaker 1: of Arts will be up to the Martians, but.
- 45:29Speaker 2: The we have a name from them. We become a
- 45:33Speaker 2: Martian when each other.
- 45:35Speaker 1: But but I think if you said, like, how would
- 45:38Speaker 1: you do adopt a democracy two point zero, you know,
- 45:42Speaker 1: or like some a new new version. I think we
- 45:44Speaker 1: would probably have more of a direct democracy than a
- 45:46Speaker 1: representative democracy. And you know, when the when the United
- 45:52Speaker 1: States was formed, it was really it was impossible to
- 45:54Speaker 1: have a direct democracy, like like you're even sending a
- 45:59Speaker 1: letter two weeks, so there was no way that people
- 46:02Speaker 1: could like vote directly on issues. You had to have representatives. Interesting,
- 46:06Speaker 1: so I think I think probably there would be more
- 46:10Speaker 1: direct democracy.
- 46:11Speaker 2: And is this thing about the latency of communication from others.
- 46:15Speaker 1: Latency saying just like communication errors and communication latency when
- 46:20Speaker 1: you have letters that that take weeks to get anywhere,
- 46:25Speaker 1: what would have made.
- 46:27Speaker 4: Governance almost impossible?
- 46:30Speaker 1: I think if if it hadn't been a representative of democracy,
- 46:33Speaker 1: you had a lot of people that couldn't even read.
- 46:35Speaker 4: Or or right, you know.
- 46:36Speaker 2: So that's fascinating.
- 46:38Speaker 3: I was just wondering if if you were to start
- 46:40Speaker 3: over with a clean sheet of paper on governance is
- 46:42Speaker 3: did you think a framework that could be envisioned that
- 46:46Speaker 3: encompasses other scenting beings to come, meaning the AIS and
- 46:49Speaker 3: others who might clamor for their rights on one side.
- 46:52Speaker 1: Right, Yes, it's a difficult predict but I can say
- 46:56Speaker 1: I think probably we would would aim for a more
- 46:58Speaker 1: direct democracy. And then in talking to Larry Page about this,
- 47:03Speaker 1: and he had like a good suggestion, like we should
- 47:05Speaker 1: limit the number of words in the law because like
- 47:09Speaker 1: we have these like thousand page laws like a pasts
- 47:12Speaker 1: and like nobody's read them.
- 47:13Speaker 2: Twitter equivalent of personal money.
- 47:14Speaker 1: Yeah, like I don't know a thousand word letter count
- 47:17Speaker 1: or something like that. Like if you can't, if you
- 47:19Speaker 1: can't write the law in a thousand words, then probably
- 47:22Speaker 1: it shouldn't be there. And you know, just which we
- 47:26Speaker 1: shouldn't have, you know, a single law passed that's like
- 47:31Speaker 1: the size of Lord of the Rings, that's right, and
- 47:34Speaker 1: like literally not a single person in Congress has read.
- 47:36Speaker 4: The whole thing.
- 47:37Speaker 2: It's like the tax good, it's unscrewtable.
- 47:40Speaker 4: It's exactly so that. So there's that. And then I think.
- 47:45Speaker 1: Laws also have an infinite lifespan unless they're given some
- 47:48Speaker 1: sort of you know, sunset periods are probably biggerd to
- 47:52Speaker 1: default laws to have a sunset period, like and if
- 47:56Speaker 1: it's not i it's not good enough to be renewed,
- 47:58Speaker 1: then it goes away. And maybe some hysteresis in that
- 48:05Speaker 1: in making it easier to remove a law than to
- 48:07Speaker 1: put one in place. It can just imagine because like
- 48:10Speaker 1: over time, like the body of law just gets bigger
- 48:12Speaker 1: and bigger and bigger.
- 48:13Speaker 4: So like you like, how do you avoid that?
- 48:17Speaker 1: And you have in inertia associated with the laws, and
- 48:20Speaker 1: so maybe you know it would take sixty percent to
- 48:24Speaker 1: create a law, but only forty percent to remove a law.
- 48:27Speaker 2: Oh interesting, fascinating, Yeah, something like that.
- 48:32Speaker 3: Those are, like the rules of a constitutional democracy have
- 48:35Speaker 3: such a profound impact and to have a new playground
- 48:39Speaker 3: would be fantastic.
- 48:41Speaker 2: There's something better than what you.
- 48:43Speaker 3: Said a moment ago on a highlight, on a transition
- 48:45Speaker 3: to perhaps a closing question heard in passing. You know,
- 48:49Speaker 3: I think about some of these things about a half
- 48:51Speaker 3: hour a week, if I heard you right. And this
- 48:54Speaker 3: is I think a profound thing to dwell on is
- 48:57Speaker 3: that you know, He's changed in the world, and so
- 49:00Speaker 3: many areas and many entrepreneurs I see get and myself included,
- 49:04Speaker 3: enamored with all of the possibilities of a future Mars base,
- 49:07Speaker 3: of the terrorforming, of the every aspect of it that
- 49:10Speaker 3: might need to come into being. And I find myself
- 49:12Speaker 3: often distracted by those future questions that are a little
- 49:15Speaker 3: less relevant today. What you just heard was we got
- 49:17Speaker 3: to solve the railway first, Like, let me put ninety percent,
- 49:20Speaker 3: ninety five percent on my effort into that and not
- 49:23Speaker 3: get distracted by all the other interesting questions.
- 49:25Speaker 2: That need to come later.
- 49:26Speaker 3: And I remember a few years ago, maybe three or
- 49:28Speaker 3: four years ago, trying to get you to brainstorm with
- 49:31Speaker 3: Craig Venter about you know, doing a sample return from
- 49:33Speaker 3: Mars and sending a genetic sequencer there to help understand
- 49:36Speaker 3: life there that might exist, et cetera. And I remember
- 49:39Speaker 3: profoundly the response was, that is a really interesting topic,
- 49:42Speaker 3: but I got to get these rockets to work first
- 49:43Speaker 3: before that's going to be relevant to me. And let
- 49:45Speaker 3: me hunker down on what's important here and that ability
- 49:48Speaker 3: to prioritize it on the stepping stones to a huge vision.
- 49:52Speaker 2: It's it's this interesting.
- 49:54Speaker 3: Dichotomy, like not just pure visionary scattered across many things alone,
- 50:01Speaker 3: clear sense of where we're heading, chaining back to the
- 50:03Speaker 3: present and making sure we're taking the right steps in
- 50:05Speaker 3: a fumbled future, if you will, I think I wish
- 50:08Speaker 3: we could all do that in the way we try
- 50:10Speaker 3: to implement change.
- 50:12Speaker 2: So let me move. If I made a one last question,
- 50:14Speaker 2: which could be broad or not, which is there's a lot.
- 50:16Speaker 3: Of people here from all kinds of parts of the world,
- 50:18Speaker 3: and I think everyone who hears your story, you know,
- 50:21Speaker 3: an immigrant from South Africa through Canada to the US
- 50:24Speaker 3: taking on four or five different industries with great a
- 50:27Speaker 3: plumb and success is inspiring. But it's not just that
- 50:32Speaker 3: you've had business success or technology success. It's that you
- 50:35Speaker 3: really are changing the world for the better in these areas.
- 50:39Speaker 3: And so I guess maybe if as a closing question, again,
- 50:41Speaker 3: looking from the present to the future, what do you
- 50:44Speaker 3: see as the sort of the biggest pressing problems that
- 50:47Speaker 3: need to be addressed?
- 50:48Speaker 2: So this may in fact require to pull that filter
- 50:50Speaker 2: off for a moment on the things of the world
- 50:51Speaker 2: that are broken.
- 50:53Speaker 3: And if everyone here in the audience could be a
- 50:55Speaker 3: change agent themselves in their area of passion, what would
- 50:58Speaker 3: you hope to catalyze today? If you say, high school,
- 51:00Speaker 3: solve this big, heavy problem and figure out why it's broken.
- 51:08Speaker 1: You know, I don't think everyone needs to go, you know,
- 51:11Speaker 1: try to solve like some big, big world changing problem.
- 51:14Speaker 1: I mean I think that like, if I really think
- 51:17Speaker 1: like we should just think like always doing something that's useful.
- 51:23Speaker 4: To the world. Like, if you're doing something useful, that's great.
- 51:26Speaker 2: Imagine it. I really think some things are more useful, sure, sure,
- 51:32Speaker 2: but but maybe personal.
- 51:34Speaker 1: Like I just think that like you sort of a
- 51:35Speaker 1: usefulness optimization is like that's like a really good thing.
- 51:41Speaker 1: You know, if you if you've done something that's useful
- 51:43Speaker 1: to your feeling human beings, that's you've done a really
- 51:46Speaker 1: good thing, and people should feel proud of doing that.
- 51:51Speaker 4: You know.
- 51:52Speaker 1: It doesn't doesn't always have to be something that's going
- 51:53Speaker 1: to change the world. I mean, sometimes the world just
- 51:56Speaker 1: keep going in a particular direction. The world, yeah, it
- 52:00Speaker 1: might be might be going in the right direction. And
- 52:03Speaker 1: I mean in a lot of ways that the wealth
- 52:05Speaker 1: is and we are in great shape in that if
- 52:09Speaker 1: you look at say, violent crimes per capita in the world,
- 52:15Speaker 1: it's at ant like old time low. We're actually quite
- 52:21Speaker 1: prosperous and you know, compared to his history, and you know,
- 52:29Speaker 1: I think there's a lot of things to feel good
- 52:30Speaker 1: about in terms of how the world is today. Access
- 52:34Speaker 1: to information is incredible. I mean, uh, yeah, anyone with
- 52:39Speaker 1: you like a one hundred device could has access to
- 52:43Speaker 1: basically all the world's information, which is an incredible thing.