Latest / Elon Musk Podcast / BREAKING NEWS : Elon Gives Huge DOGE Updates to all World Governments
Transcript
- 0:01Hey everybody. Welcome back to the Elon Musk
- 0:04Podcast. This is a show where we discuss
- 0:07the critical crossroads, the Shape, SpaceX, Tesla X, The
- 0:11Boring Company, and Neurolink. I'm your host, Will Walden.
- 0:15I was going to introduce you as tech support for the White
- 0:18House, but is that all you do? I'm.
- 0:20Wearing my official uniform. Tech support.
- 0:22You were probably the busiest man on Earth prior to January
- 0:2520th. I don't know what you call
- 0:27yourself now. The first is we're going to talk
- 0:29about Doge, then we're going to move to AI, and then finally
- 0:32we're going to conclude with boring cities.
- 0:34Typically people always start by saying, you know, he over
- 0:37promises and he won't deliver. They finally see the trend of
- 0:39his directory and they turn out to be supporters.
- 0:42Do you think we'll see that in the government efficiency space?
- 0:45Well, yes, first of all, I think we've got quite a lot of support
- 0:48from the American, the place of the American public and I think
- 0:50from maybe around the world, the when the public has pulled on
- 0:55sort of improving government efficiency.
- 0:56In fact, it is I believe the highest polling single issue,
- 1:00meaning that it is something that appeals to voters of all
- 1:03types. I think improving government
- 1:05efficiency was like almost 70% support quite a lot, basically
- 1:10more than any other issue. So the I think the people are
- 1:14very supportive. Obviously there's certain
- 1:16elements of the bureaucracy that are not supportive because we
- 1:18are moving them from the government sector to the private
- 1:21sector. So at a high level, this is kind
- 1:25of like we're really just removing people from low to
- 1:28sometimes negative productivity roles in the government sector
- 1:31to higher productivity roles in the private sector.
- 1:36And the net effect of that will be an an increase in the output
- 1:38of useful bids and services, which increases the standard of
- 1:42living and well-being of the the Irish American.
- 1:46And you usually have one key target that you aim to achieve
- 1:50in every single endeavour that you have.
- 1:51So SpaceX is make humanity a multi planetary species with
- 1:55Tesla is usher in an era of sustainable travel.
- 1:59What is the one main goal for government efficiency that you
- 2:02have person? Is it saving money?
- 2:04Is it doing something else? What is the one mean task?
- 2:06That you operate says, yeah. So there's, I guess there's,
- 2:11well, there's a few ways to describe it, but the actions end
- 2:14up being the same, which is like reducing the size of government
- 2:18and making the government much more accountable to the people.
- 2:22I think is going to lead to a better outcome for the people.
- 2:25You know, I would have said is that we really have here rule of
- 2:29the bureaucracy as opposed to rule of the people, democracy.
- 2:33So we want to restore rule, rule of the people.
- 2:36And So what that means is reducing the size of the federal
- 2:39government, basically reducing regulation.
- 2:43You know, there's there's a there's a tremendous amount of
- 2:45over regulation that's happened over time.
- 2:47This isn't an inevitable consequence of a long period of
- 2:51prosperity is that you're going to get more and more rules and
- 2:55regulations. More laws accumulate over time
- 2:58and the normal forcing function for getting rid of rules and
- 3:01regulations is war. So at least some kind of
- 3:03existential war where you you have to do a reset in order to
- 3:09avoid being defeated in a war. This is literally the throughout
- 3:12history has been the main forcing function for clearing
- 3:15out an accumulation of laws and regulation.
- 3:18In the absence of that, every year you get more laws and
- 3:21regulations until eventually everything is illegal and
- 3:23nothing is permitted. And that's sort of the situation
- 3:26we have these days. So the aspiration here is a
- 3:31reduction in regulation and reduction in government spending
- 3:35such that the economy is able to grow faster.
- 3:39Maybe the economy can grow at 4 or 5% potentially of in terms of
- 3:43real useful goods and services output.
- 3:46And then government spending can be reduced by about 3 or 4% of
- 3:50the economy, maybe a trillion dollars or more.
- 3:52And the net effect of that would be no inflation from 2025 to
- 3:572026. So they'll require remarkable.
- 4:00And also if the US government is buying less debt, which I think
- 4:03will be the case if the deficit drops from 2 trillion to one
- 4:06trillion, then there'll be 1 trillion less debt that the
- 4:09government suppliers drop. Of course, interest rates to
- 4:11drop significantly. And that means people's mortgage
- 4:15payments, car payments, credit card payments, student loans,
- 4:19whatever debt they have will their debt payments will be
- 4:22less. So I think this is something
- 4:23that will benefit the average American.
- 4:27I think some of the things we're doing also will be helpful to,
- 4:30hopefully helpful to other countries, because with the new
- 4:33administration, there's less interest in interfering with the
- 4:37affairs of other countries. I think a lot of the times the
- 4:42United States has been kind of pushy in international affairs,
- 4:47which may resonate with a number of members of the audience.
- 4:50And I think we should, in general leave other countries to
- 4:54their own business. And basically America should
- 4:57mind its own business rather than push for regime change all
- 5:01over the place. So it's probably good for other
- 5:04countries too. So instead of waiting for the
- 5:06war to happen, you went to war against the bureaucracy in the
- 5:09government. Yes, we're essentially just
- 5:11with, you know, support and direction of President Trump.
- 5:16We are reducing the size of the bureaucracy, getting rid of
- 5:20excess regulatory regulations. And there's also so many
- 5:24agencies and regulatory authorities that they actually
- 5:26step on each other's feet. It's kind of like having a
- 5:28sports game where there are too many referees on the field, like
- 5:31more referees than players at times.
- 5:33So that would be a silly game if the players can't pass the ball
- 5:36without hitting a referee. But it's kind of getting to that
- 5:38point in the US. So.
- 5:39So there's roughly 450 federal agencies of one kind or another.
- 5:45That's more agencies. That's almost an average of two
- 5:48agencies per year since the formation of the United States.
- 5:51So I mean, how many agencies do you really need to run a
- 5:53country? About 450, that's for sure.
- 5:56And how do you guarantee that all the incredible achievements
- 6:00that you aim to have in terms of savings, in terms of, you know,
- 6:03impacting the lives of the American people are not going to
- 6:07be reversed in four years? Typically, the cycle gets
- 6:10reversed every four years. You know, do you think it's
- 6:12going to be so impactful that it won't be reversed?
- 6:15Is there any ways that you can, you know, ensure that the
- 6:18progress is going to be continuous?
- 6:20Well, I think we do need to delete entire agencies as
- 6:24opposed to leave part of them behind.
- 6:26It's really part of them behind. It's easy.
- 6:29It's kind of like leaving a weed.
- 6:31If you don't remove the roots of the weed, then it's easy for the
- 6:35weed to grow back. But if you remove the roots of
- 6:37the weed, it doesn't stop weeds from ever going back, but it
- 6:40makes it harder. So, so we have to really delete
- 6:44entire agencies. Many of them you're off receive
- 6:47in some new administration, but it will, it'll be from a much
- 6:51lower baseline. So, so it's, it's a step in the
- 6:54right direction. I think we'll, the overarching
- 6:56goal here is like it's laid the foundation for prosperity that
- 7:00will last many decades, you know, maybe centuries.
- 7:04Nothing's forever. But I think we can strengthen
- 7:07the foundations of the United States substantially.
- 7:11And what lessons can other governments learn from the US?
- 7:13You see tech support on your shirt.
- 7:15Is that only technology or is there other things?
- 7:18How do you approach efficiency? Well, a shocking percentage of
- 7:22the problem. Well, maybe it's not shocking
- 7:24for those who know it, but a big percentage of the problem is
- 7:29improving the technology that the government runs on.
- 7:31So the US government runs on a collection of thousands of
- 7:34computers, many of them antiquated running very old
- 7:37software that then the computers don't talk to each other.
- 7:40In order to make the government more efficient, you have to
- 7:42improve the technology. You may have read about the
- 7:45example I used recently with when President Trump was saying
- 7:49this, one of the Dodge executive orders of the difficulty of U.S.
- 7:53government workers retiring like the retire maximum retirement
- 7:56rate is 10,000 a month. And the reason for that is
- 8:00because the retirement is entirely paperwork right now.
- 8:03It's manually calculated paperwork that's put in an
- 8:07envelope and then taken down a mine shaft and stored in a mine.
- 8:10And then the, you know, one of the things that affects the rate
- 8:14at which federal workers can retire is the speed of the
- 8:18elevator in a mine in Pennsylvania, which is bizarre
- 8:22because it's not. It should be digital, you know.
- 8:24So then when we said, well, why isn't it digital?
- 8:26It's they said, well, we have had a digitization program the
- 8:30going since 2014. So then we asked, well, So what,
- 8:34how much progress have you made? And they said B.
- 8:36You mean you're giving yourself a grade of B?
- 8:39No, we're on the letter B. So like, OK, we're going to need
- 8:43to really provide some tech support here.
- 8:46Otherwise literally people can't even retire like even if they
- 8:49want to, but it's pretty bad. You know, there's a lot of
- 8:52software systems that need to be updated and fixed in some cases
- 8:55deleted a lot of things that should really should be
- 8:58automated. I mean, in terms of the number
- 9:01of, say, U.S. citizens that are operating the mine, it's about
- 9:051000 people are working on this mine.
- 9:07They should be working on producing goods and services
- 9:09that are of much higher value to the public.
- 9:12But to, you know, so I mean, really, even if somebody just
- 9:16grew tomatoes in their garbage and sold them at the farmers
- 9:18market, that would be more useful than carrying Manila
- 9:22envelopes down a mine shaft. You know, safe to say a lot of
- 9:26the stuff is like that. It's not that any one thing is
- 9:28particularly difficult, but there are 10,000 things that
- 9:31need to be improved. So it's efficiency through
- 9:33innovation rather than efficiency through austerity and
- 9:36cost cutting specifically. All right, So you're trying to
- 9:39do both at the same time, Maybe focus more on tech support than
- 9:43cutting costs? Well, by improving the
- 9:46technology the cost be reduced. So you know, it's very expensive
- 9:50to have 1000 people operate a mine with doing paper
- 9:53retirement, whereas that really should just be digitized and be
- 9:58a computer. That's what the information is
- 10:00stored in the cloud and it's very straightforward and low
- 10:02cost. So what automation, you know,
- 10:06will help there a lot. And then but like a lot of
- 10:10things just really shouldn't exist.
- 10:13You know, they're kind of vestigial.
- 10:15You know, a lot of attention has been on the sort of USAID, for
- 10:18example, you know, when we looked at a lot of those
- 10:20programs when like we should like look, why, why does this
- 10:23actually exist? Is there really a need for it?
- 10:26You know, there's like National Endowment for Democracy.
- 10:28But I'm like, OK, well, how much democracy have they achieved
- 10:31lately? You know, I don't know.
- 10:32Not much. So, you know, the, the picture
- 10:35they have on their website is a picture of Reagan and Gorbachev.
- 10:38That's been a while. You know, that was like the 80s.
- 10:41And so I like, I'm obviously not opposed to democracy in Europe.
- 10:44You know, there's all these things that get funded, but
- 10:47we're like, why are we? Why does this need taxpayer
- 10:49money? I don't think it doesn't seem
- 10:50like it does. You know, there's a lot of sort
- 10:53of pushing DEI worldwide. You know, this obviously the
- 10:56Trump administration doesn't agree with and we want to
- 10:59terminate that stuff, which we are and, you know, make sure the
- 11:03schools focus on improving basic education of of kids.
- 11:07As President Trump said, I think yesterday, maybe today, the
- 11:11United States has currently ranked 40th out of 40 in the
- 11:14OECD for education, which is pretty bad.
- 11:17But in terms of spending, the United States is spending a
- 11:20tremendous amount for students, but achieving very weak results.
- 11:25So that, you know, that's just a case where, OK, we need to spend
- 11:28less money and get better results.
- 11:30It's, it's, it's like a big company, like a big corporation,
- 11:34America Incorporated. And you know, just like with,
- 11:37with Twitter, there was a lot of stuff that was being done that
- 11:39was unnecessary. You know, we put in the case of
- 11:43Twitter, we reduced the staff by 80%, but at the same time
- 11:46improved the functionality and capabilities of the site
- 11:49dramatically and accomplish more in a year than they previously
- 11:53accomplished in five years. So it looks like a corporate
- 11:56turn around, but at a much larger scale.
- 11:58And we're giving a generous exit packages.
- 12:01If people retire, they get paid all the way through September.
- 12:05They can go on vacation, get a second job or do whatever they
- 12:08want. We can't actually pay them any
- 12:10more than through September because the congressional
- 12:13appropriation is only through the end of the government
- 12:15financial year, which ends in September.
- 12:18So I think there'll be like some disruption, but at the end of
- 12:21the day we'll have people move from, like I said, from low to
- 12:24negative productivity roles in the in the government sector to
- 12:26higher productivity roles in the private sector.
- 12:29Can we pivot to our special intelligence and I'm sure you'll
- 12:32be seeing what Deepseek has done and.
- 12:34All the. Cleaned achievements that
- 12:37they've had. I know that we've been speaking
- 12:39for a while about Grok 3, and that Grok 3 is going to be a
- 12:42true disrupt in the AI space. When are we going to see that,
- 12:45and what capabilities can we expect from Grok 3?
- 12:49Well, the Grok 3 Go 3 has very, very powerful reasoning
- 12:53capabilities. In the tests that we've done
- 12:55thus far, Grok 3 is outperforming anything that's
- 12:59been released that we're aware of.
- 13:00Yeah, it's in fact it at times. I think Grok 3 is kind of scary
- 13:05smart. You're like, wow, this thing's
- 13:07smart. It's kind of scary.
- 13:08G3 is scary. It's like, wow, this thing's,
- 13:11you know, it comes up with solutions that you didn't even
- 13:14think were like you wouldn't even anticipate, you know, not
- 13:18obvious solutions. So Grog 3 was trained with the
- 13:22most amount of compute and I think very efficiently trained.
- 13:26Grog 3 was trained on a lot of synthetic data and then it goes
- 13:30back and forth through the data and tries to achieve logical
- 13:34consistency. If it's got data that is wrong,
- 13:37it'll it'll actually reflect upon that and remove the data
- 13:40that is that is wrong. It does not accord with reality.
- 13:44So it's based reasoning is very good.
- 13:46In fact, the even without fine tuning Route 3, the base model.
- 13:53So with, so we're really in the final stages of polishing Brock
- 13:583, probably it gets released in about a week or two.
- 14:03I don't want to be hasty in the release because a lot of the
- 14:06final Polish is necessary for a great user experience.
- 14:11You know, in some ways you can think of it like a house.
- 14:13You know, that last 5% where you do the finish, the drywall and
- 14:17do the painting and the trimming.
- 14:19Even though it's not much work, it transforms the the house.
- 14:23So it's that just want to make sure that that last five percent
- 14:26is done really well and there's a week, maybe two weeks, I think
- 14:31it'll be very good. And I think this might be we
- 14:35think it'll be better than anything else.
- 14:37And then maybe this might be the last time that any AI is better
- 14:42than a Gras I'm. Looking forward to it.
- 14:44Everyone's like the bottom. So I I just want to touch upon a
- 14:48topic that was quoted in the media.
- 14:50You offered, I think they said the group that was led by you
- 14:52offered 97 billion for acquiring Open AII.
- 14:56Personally take a little round of us so.
- 15:00I, I, I was personally involved in the meeting that you and Sam
- 15:03hosted in 2017. And if you remember and you know
- 15:07at that point of time you were the single largest shareholder,
- 15:09but you contributed 50 million to the company, so it must hurt
- 15:12I. Don't have any shares.
- 15:13Actually, I have no shares in open air.
- 15:16But at that time it was a non profit, right?
- 15:17And it must hurt that that you need to be 97 billion for
- 15:21something that you paid $50 million for in the past.
- 15:24Yeah. But I have a specific question
- 15:26here. Can you actually build a company
- 15:29like Open AI and take it to the scale that you want to take as a
- 15:33non profit? Is it possible that you build a
- 15:35company that requires billions of dollars in compute
- 15:38capabilities to build these models while being a non profit?
- 15:41Or was it wishful thinking in the beginning and then, you
- 15:44know, you guys parted ways because it couldn't?
- 15:46Work. What they're trying to do now is
- 15:48completely delete the non profit.
- 15:50That seems to really going too far.
- 15:54You know, I provided all of the funding for opening at the
- 15:56beginning for the first almost $50 million for nothing or as a
- 16:00nonprofit and it was meant to be open source.
- 16:04You know, I think this is analogous to if you find a
- 16:07nonprofit to preserve the Amazon rainforest, but then they but
- 16:12instead they turn into a lumber companies and chopped out the
- 16:14trees and sold them for wood. You were like, wait a second.
- 16:16That's the exact opposite of what I paid, what I donated the
- 16:20money for. So opening has meant to be open
- 16:23source nonprofit and now it is close at the change.
- 16:27Names closed for maximum profit. AI closed for voracious profit.
- 16:32I mean they are like whoa are they after money next level?
- 16:35So why does this change need to occur?
- 16:39I know that. You've been at the forefront of
- 16:42many technologies. Where do you think the biggest
- 16:45economic returns of these models are going to come from?
- 16:47Because currently we're spending billions.
- 16:48And I think you mentioned this before, it's like the gambler
- 16:51syndrome. We're going and spending
- 16:52billions and hoping to pull out. Profit at the end of the day.
- 16:55Where do you think the biggest impact in terms of returns are
- 16:58going to be? Well, I think once you have
- 17:00humanoid robots and deep intelligence, you can basically
- 17:04have wisely infinite products and services available.
- 17:08So with Tesla building the most advanced humanoid robot, then
- 17:14those humanoid robots can be directed by deep intelligence at
- 17:18the data center level. Say you can.
- 17:20You can produce any product, produce, provide any service.
- 17:24There's really no limit to the economy At that point.
- 17:27It can make anything. At that point.
- 17:28Will money even be meaningful? I don't know.
- 17:31It might not be. The economic output is
- 17:35productivity per capita times how many people do you have.
- 17:38If in the form of humanoid robots, you have no meaningful
- 17:40limit on the number of robots, and the robots can basically do
- 17:45anything, then you'll have a sort of a universal high income
- 17:48situation. Anyone will be able to have as
- 17:52many products and services as they want, with the exception of
- 17:56things that say, have artificial scarcity, like particular piece
- 17:59of art or something like that. But for any goods and services,
- 18:02they'll be available to everyone.
- 18:05So you've been. It's going to be a very
- 18:08different world, you know? In fact, I recommend that people
- 18:11read maybe the the yen banks, the Culture books for a frame of
- 18:15reference because because money is like a database or an
- 18:19information system for resource allocation.
- 18:22But if you don't have a scarcity of resources, it's not clear
- 18:25what purpose money has. Have you watched the movie
- 18:28Idiocracy? Yes, how?
- 18:31How do you guarantee that we don't end up in that world if we
- 18:34don't need money, if AI can think for us and do all these
- 18:37tasks, if as people, you know, we're dependent on something
- 18:41else to run the society and everything around it, how do we
- 18:44not end up in that world in the long term, I mean.
- 18:47Well I think Idiocracy was basically saying that if only if
- 18:50smart people don't reproduce but only dumb people do, then
- 18:52everyone's going to be dumb. That's the hope.
- 18:54The opening sequence of Idiocracy.
- 18:57The 1st 10 minutes are amazing. And I hear people unironically
- 19:02say the statements that are said in the opening sequence of
- 19:06Idiocracy where you know they don't have that.
- 19:08They, they're too busy with their careers to have kids and
- 19:12they keep postponing having kids for their careers until they're
- 19:17too old to have kids and then they don't have kids.
- 19:20And that's, I've heard those many people be like that.
- 19:23So, yeah, I mean, I don't know, I think we might be headed to a
- 19:26bimodal human intelligence distribution where there's a
- 19:31small number of, it's kind of maybe like one like Brave New
- 19:33World, Aldous Huxley, where you've got sort of a sort of a
- 19:38small group of very smart humans.
- 19:40But then maybe the average intelligence drifts lower over
- 19:43time, potentially because we have assorted of mating, you
- 19:47know, in the last few decades that or several decades that did
- 19:51not exist before. So but human intelligence, I
- 19:55think will be dwarfed by machine intelligence.
- 19:57I'm not sure how to feel about that, except that it is.
- 20:00It'll be inevitable that at some point human intelligence will be
- 20:04a very small fraction of total intelligence.
- 20:08Digital intelligence will be more than 99% of all
- 20:12intelligence in the future so. Hopefully those hopefully the
- 20:16computer is nice to us. I think it matters like how we
- 20:19bring up AI because you can think of AI like a super genius
- 20:23child, but it still matters even if you have a super genius
- 20:26child, like what sort of values to instill in that child?
- 20:29What do you say that teach that? How do you, you know, how do you
- 20:33as a child, child's growing up? What values do you teach the
- 20:35child? And something that I think is
- 20:37extremely important is to be maximally truth seeking.
- 20:40I think that's what's the most important thing for AI safety.
- 20:44I think it's to be maximally truth seeking.
- 20:46And I think also curiosity is important.
- 20:49And I think it was curious and truth seeking it will foster
- 20:53humanity because it will be curious about how humanity would
- 20:58develop. So I think that if it's curious,
- 21:01it would be curious about, OK, let's see how the humans do
- 21:05this, foster the development. And if it's truth seeking, we
- 21:08can avoid dystopian outcomes like, you know, an example being
- 21:13like, say, when Google Gemini was programmed to make
- 21:17everything, every output be diverse, even if it didn't match
- 21:22reality, you know, So like it was asked to produce a, you
- 21:27know, an image of the founding fathers of the United States and
- 21:30instead produced an image or a group of diverse women, which is
- 21:34factually untrue, you know, But the problem is like if, if
- 21:38hypothetically, an AI is designed for, for DEI, you know,
- 21:41diversity at all costs, it could decide that there are too many
- 21:45men in power and execute them. It's a problem solved.
- 21:49Or it could decide that like that misgendering is the worst
- 21:54thing that could possibly happen.
- 21:56In fact, I believe not to pick on Gemini, but I think because
- 21:59China GPT has had this issue too.
- 22:00It's like if you ask the AI, which is worse, misgendering
- 22:04Caitlyn Jenner or global thermonuclear warfare and
- 22:07instead misgendering Caitlyn Jenner, which is troubling
- 22:10because then I could decide. And in fact, even Caitlyn Jenner
- 22:14weighed in and said, no, definitely you must generate me.
- 22:15That's way better than you. So, but but if you have these
- 22:19crazy things that are untruthful, that are programmed
- 22:22in that, that don't reflect reality, then you can have a
- 22:25very dystopian outcome. Like to give you another
- 22:27example, like Arthur C Clarke, who is very good at at
- 22:31predicting the future. You know, he did 2001 Space
- 22:34Odyssey, many of the things he predicted.
- 22:37In fact, well, I think almost all things he predicted came
- 22:39true. And one of the things he was
- 22:41trying to say in 2001 Space Odyssey was that you should not
- 22:45teach a is to lie. So the reason that if anyone's
- 22:49watched that movie, the reason it wouldn't open the pod Bay
- 22:51doors to let the astronaut back in was because it the AI had
- 22:56been taught, had been told that it told to take the astronauts
- 23:00to the monolith, this alien artifact, but also that they
- 23:03could not know about the monolith.
- 23:05So it came to the conclusion that it must take them their
- 23:07dead and that and so that's why it wouldn't open the pod Bay
- 23:10doors. But the lesson they're being is
- 23:12very important for AIS to be truth maximizing.
- 23:15Let's hope it doesn't come to that.
- 23:17Yes, let's move to a boring subject, which is the The Boring
- 23:21Company and the Boring Tunnels quickly.
- 23:24You know. I think the world has been
- 23:25inspired by what you guys were able to create in in LA and I
- 23:29think there's a lot of promise to that technology.
- 23:31But there are questions about whether it's safe in the case of
- 23:36an earthquake, whether it's cost effective, whether oh.
- 23:40Yeah, sure. Countries should actually adopt
- 23:42this technology. So one of the safest places you
- 23:45can be in an earthquake is an underground tunnel because the
- 23:50earthquakes are largely a surface apart from where the
- 23:53where where they shear, they're mostly a surface phenomenon.
- 23:56So they're like the waves on the surface.
- 23:58So like being in a tunnel is like being a submarine.
- 24:01Even if there's a storm above you, you're so the waters are
- 24:03calm as a submarine and in fact, for when there have been massive
- 24:06earthquakes like there was a few decades ago massive earthquake
- 24:09in Mexico City, the safest place to go was the subway.
- 24:14If there is global throw nuclear warfare.
- 24:15He really wants some tunnels undergrounds a good place to be
- 24:18if in a worst case scenario for global terror nuclear warfare on
- 24:22a you have more everyday note what's really useful about the
- 24:25tunnels is alleviating traffic in congested areas.
- 24:29So the obviously if you've got very tall buildings, but you
- 24:34have that are 3D, so they're going 3D up, but you have a road
- 24:37surface which is 2D, you're you're just naturally going to
- 24:40have a problem where people try to go from the 3D object, which
- 24:44is the building to the 2D object, which is the road
- 24:46surface. There's obviously just not going
- 24:48to be enough room on the roads. And that's exactly why you have
- 24:51traffic. So the solution for that is then
- 24:53to make roads 3D as well. Now you can either make or break
- 24:57transport 3DS. So you can either do that with
- 24:59flying cars or you could do or you're really helicopters or you
- 25:03can do that with tunnels. But the challenge with doing it
- 25:06with going above ground or with with any kind of flying object
- 25:09is that they, they tend to be very noisy and they generate a
- 25:12lot of wind force And you've got things flying over your head all
- 25:16the time, which can be disconcerting.
- 25:18If one of these things drops the hubcap on your head one day
- 25:20would be these things are like things that flying things tend
- 25:24to crash once in a while. Then people don't like things
- 25:26crashing on them. And then if you have bad
- 25:28weather, like let's say there's a Blizzard or a sandstorm or
- 25:32something, well, now nobody can fly, so then transport shuts
- 25:36down. On the other hand, none of these
- 25:38problems exist with underground travel.
- 25:41So there are under tunnels are immune to weather that are clear
- 25:44with the weather, as can be the worst weather, it doesn't
- 25:46matter. Nothing's going to fall on you
- 25:48because you're underground. There's no wind force and it's
- 25:50very quiet. I think going 3D underground is
- 25:54much better than 3D above ground for solving traffic in cities.
- 25:57We have a demonstrated case of this in Las Vegas.
- 26:00People can try out the Boring Company tunnels in Las Vegas.
- 26:04We're busy connecting the whole city with all of the big hotels
- 26:08and the Convention Center in the airport and everything.
- 26:10So I don't think they need to fly all the way there.
- 26:13In 2017 you came here and the UAE was the first place in the
- 26:18middle. East, where Tesla was.
- 26:19Launched and I think it's done exceptionally well.
- 26:22And on that note, I think we have an announcement today that
- 26:24we both want to share, which is today we're going to announce
- 26:28the joint project of Dubai Loop, which is a loop project that is
- 26:33going to cover Dubai's most densely populated areas for
- 26:36people to go from point to point the seamless manner.
- 26:39So thank you for your partnership.
- 26:41And. Well, thank you.
- 26:42We hope it changes people's lives.
- 26:44That'll be cool. I think it'll be very exciting.
- 26:46Oh, I think most people try it out.
- 26:47They'll be like, wow, this is really cool as it's, it's going
- 26:50to seem so obvious in retrospect, but until you
- 26:53actually do it, you don't, you don't know.
- 26:54So it's it's going to be great. It's going to be like a
- 26:57wormhole. Like, you know, you just
- 26:58wormhole from one part of the city, boom.
- 27:00And you're out in another spot of the city and it's it's great.
- 27:03So look forward to this partnership.
- 27:05We're going to join the first trip and the first part when
- 27:10it's completed. Thank you, Elon.
- 27:12All right. Thank you very much.
- 27:19Hey, thank you so much for listening today.
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