Latest / Elon Musk Thinking / Latest Interview of Elon Musk! The Destructiveness of DEI.
Transcript
- 0:00Free speech is the bedrock of democracy, and free speech is what allows atrocities
- 0:06to be called out and for people to be aware of them. That's why
- 0:09the Germans wanted to shut down the price immediately. So you know, anyway,
- 0:17I think we should do everything we can to preserve free speech, and
- 0:23when we lose free speech, I think we lose democracy. One of the
- 0:27other things we were talking about earlier to touch back on it was the DEI
- 0:30of it, and one of the things that you know, you and I
- 0:32had been discussing a little bit offline is the fact that di I effectively is
- 0:36a conspiracy theory in which there is a cadre of powerful people who are at
- 0:40the top and they control everything else that's happening. And because those powerful people
- 0:44are at the top, they are exploiting everybody else and they have to be
- 0:47taken down more than one peg. And you know that conspiracy theory matches very
- 0:53aligns very closely with anti Semitic conspiracy theory. I think the CI is very
- 0:57extremely anti Semitic. It's cool, so yeah, absolutely, uh, And
- 1:04it's just it's just generally anti meritocratic, so which I think is very dangerous.
- 1:12You want to have a I think society where you succeed based on your
- 1:19skills and hard work. That's it. And it doesn't matter about your race,
- 1:23gender, creed, religion, nothing, you know, just are you
- 1:26good at your job, do you work hard? Are you do you have
- 1:30high integrity? Nothing will that's it stops there. And it seems it seems
- 1:36as though, you know, in our society right now, there's an objection
- 1:38to that. But that objection, it seems to me, can only be
- 1:42this crazy. Yeah, it can only be sustained if you are tastically acknowledging
- 1:46that you will not succeed in the meritocracy. The people who are pushing this
- 1:49the hardest yet frankly, yeah, I mean it's it's it's essentially making the
- 1:53argument I'm not succeeding. The reason I'm not succeeding is because no one can
- 1:56succeed. And so it's an argument to a certain extent of the unsuccessful or
- 2:00people who feel as though they are they deserve more. And you know,
- 2:05one of the one of the things that occurs to me is that I'm not
- 2:07sure that anybody quote unquote deserves anything other than what your hard work and innovation
- 2:10bring you in life. Right. I think the EI also for those who
- 2:15were promoted based on these skills and merit and hard work, it undermines the
- 2:21credibility of their promotion or their status. Was it real or was it the
- 2:25EI? You know, and it's it takes away the respect that they deserve.
- 2:32One of the things about meritocracy that I think people forget is that it's
- 2:35the only system ever devised that has positive externalities. Any other sort of system
- 2:39that you create is going to have negative externalities because you're literally just cronying with
- 2:45X group and whatever that group is, that group is going to get the
- 2:46benefits, and if you're not part of that group, then you get screwed.
- 2:50And meritocracy is the idea that the people who are going to succeed are
- 2:53people who innately are capable of creating for everyone else. I mean, you
- 2:58mentioned earlier how many employees you have, and people will talk about your level
- 3:00of personal wealth, but that level of personal wealth is largely stockholding, and
- 3:05that stock is it was almost entirely stock. Yeah, exactly. I mean
- 3:07it's like you're sitting on like a giant It's I mean, you are,
- 3:10but not like that. Yeah, it's just it's just when I created the
- 3:13companies, I felt that it was important. Now, in my first company,
- 3:15I didn't have any money. My first Internet company, I just had
- 3:19one hundred thousand, all the student debt. But for that was a company
- 3:23the very early days of the Internet called zip too, but for old companies.
- 3:28Subsequently, I basically doubled down. I took the money that from from
- 3:32Zip to invested it in x dot com PayPal, and then I took the
- 3:38PayPal money invested that in in creating Teslin SpaceX. Because I didn't feel like
- 3:46I didn't feel right that I should ask investors to invest if I wasn't prepared
- 3:51to invest my own money. I think the whole other people's money thing is
- 3:54not right. You know, you want to you want to have you want
- 3:59to have skin the and put your capital where you're off the capital of the
- 4:01company you're creating therewith investors capital. And as a result of that, I
- 4:10own a lot of shares in the company, and the company as the better
- 4:12the company does, the more valuable the shares are. But that's because the
- 4:15pie has grown, and so you have to say, like, what's that.
- 4:19The root of a lot of the the negativity is an axiomatic flaw that
- 4:27the pie is static, that it's a zero sum game, that if someone
- 4:30else succeeds, it's because they took more than their fair share of this fixed
- 4:34pie. But it's not a fixed pie. Obviously, the there's a lot
- 4:41of that wants a pie pie. But obviously the economic pie has grown considerably
- 4:55from from what it was in the past. The output of goodness of so
- 5:00as the productivity per person is dramatically greater than it has been in the past.
- 5:04So when you when you create a new company and you and you both
- 5:08create new products and services, you are you are growing the groups, You're
- 5:13growing the you know, the bundle as they say pie again, of you're
- 5:20growing the amount of goods and services available to two people. So it's not
- 5:28you've not taken anything away from anyone. You've created something new and you've you've
- 5:32given people new products and services they didn't have before. You know, like
- 5:38we didn't used to have an iPhone, We didn't used to have computers,
- 5:41when you used to have cars or be able to fly in our planes,
- 5:46wouldn't used to have many of the life saving medicines that we have today.
- 5:48These are all new things. I'm sure you realized how good I look,
- 5:53how well I feel. Well. The very video you're watching right now was
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- 6:59and spice. This is one of the I think there's the fundamental distinction between
- 7:02innovators and business people and people in the free market and the political class.
- 7:05The political class operates almost solely on the basis that the pie is fixed,
- 7:11because if the pie is fixed, then the way that you get elected is
- 7:13by promising more of that pie to such and such a person, or you
- 7:17promise that by seizing money from the private sector, you're personally going to grow
- 7:20the pie. And it seems to me if the first mark of a politician
- 7:25you shouldn't listen to is I can fix all of your problems, and that
- 7:28basically rolls out nearly everybody, because it seems like everyone in the political classes
- 7:31into the I can fix all of your problems when it seems like what I
- 7:33actually need is people who are entrepreneurial and innovative to solve this problem in front
- 7:39of um. Means that we can then move on to the next problem that's
- 7:42in front of them. Yeah, basically, the reality is that when that
- 7:46is that the government is really just a corporation in the limit, government is
- 7:50the ultimate corporation. It's not different from a corporation. It's just the ultimate
- 7:55corporation. And it's a corporation that is monopoly. And and also it can't
- 8:01go bankrupt unless the country goes bankrupt, and it has a monopoly on violence.
- 8:07So how much do you want to how much more do you want to
- 8:09give to the world's biggest corporations that it has a monopoly in violence? Probably
- 8:16not, probably less. And I mean I feel like it's said countries like
- 8:22East and West Germany or North and South Korea, cases where there's just an
- 8:26oboritrary line that's been drawn. They could to be one country arbitrary line is
- 8:31drawn because of a war. What is the productivity difference from one to the
- 8:35other. You know, West Germany had a productivity five times greater than the
- 8:41East Germany. Uh that that's just because and it's not like West Germany was
- 8:48just the sort of bastion of capitalism. They're like half socialist. So even
- 8:52with if you're so, what that means is if they have socialists on the
- 8:56other side is one hundredent socialist communist, then you really have something like a
- 9:01ten to one difference in productivity if something is done by the government or done
- 9:05by the private sector. That's why you But I'm not someone who says abolish
- 9:09the government. I just say let's have the government do the least amount,
- 9:13because the less the government does, the more the economy will prosper, because
- 9:18anything done by the government is going to be five timetime five to ten times
- 9:22less efficient. But like think of the d MB, I'm trying not to
- 9:26Yes, if we're going to get out of DEI, what's the best way
- 9:30to get out of DEI? Well, I think DI is starting to fade.
- 9:35First of all, d I is actually illegal because it discriminates on the
- 9:43basis of race, sex, sexual preference and all other things that is actually
- 9:50illegal. So somehow you know it's gone. They've managed to get this illegal
- 9:56thing in place. But now we're starting you see a large number of lawsuits
- 10:03saying no, actually, the law says you cannot discriminate on the basis of
- 10:07sex as you know, sexual identity and race. You know. So I
- 10:13think, well, I think the I is on this last legs is gonna
- 10:18it's gonna be a roup because it's illegal. Actually,