WEBVTT - The Evening Rocket: Dimension X

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<v Speaker 1>Pushkin. My name is jo Lapour. I'm a professor of

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<v Speaker 1>history at Harvard, a New York or staff writer and

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<v Speaker 1>host of the podcast The Last Archive. Last spring, I

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<v Speaker 1>made a program with the BBC's Radio four. It's called

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<v Speaker 1>The Evening Rocket, and now Pushkin Industries is releasing that

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<v Speaker 1>show stateside for the first time. It's all about Elon

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<v Speaker 1>Musk and his strange new kind of capitalism. Call it Muskism,

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<v Speaker 1>extravagant extreme capitalism, extraterrestrial capitalism where stock prices are driven

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<v Speaker 1>by earnings but also by fantasies. I'm fascinated by civilcon

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<v Speaker 1>Valley's futurism and by how in Musk's life those visions

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<v Speaker 1>of the future will come from the same place the

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<v Speaker 1>science fiction he grew up on. To understand where Musk

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<v Speaker 1>wants to take the rest of us with his electric cars,

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<v Speaker 1>rockets to Mars, his meme stocks, and tunnels deep beneath

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<v Speaker 1>the Earth, I decided to look at those science fiction

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<v Speaker 1>stories and understand what he's missed about them. So blast

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<v Speaker 1>off with me on The Evening Rocket on a journey

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<v Speaker 1>into the history of our future. Elon Musk is one

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<v Speaker 1>of the richest people on the planet He intends to

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<v Speaker 1>save the world from climate catastrophe with electric cars and

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<v Speaker 1>solar panels and underground tunnels. He plans to colonize Mars.

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<v Speaker 1>He's building chips to put in people's brains. He is

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<v Speaker 1>adored by fifty million followers on Twitter. He has two

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<v Speaker 1>x wives and six sons, including a baby named X.

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<v Speaker 1>The bare facts of Musk's life, the way they're usually

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<v Speaker 1>told make them sound like a fictional character, a comic

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<v Speaker 1>book superhero. But what's the story, the actual history behind

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<v Speaker 1>the comic book. Welcome to The Evening Rocket. I'm Jill Lapour.

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<v Speaker 1>I'm a professor at Harvard. I'm a US political historian,

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<v Speaker 1>and for a long time I've been studying the relationship

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<v Speaker 1>between technological and political change. I'm fascinated by visions of

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<v Speaker 1>the future in political discourse, in literature and science fiction,

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<v Speaker 1>and even comic books. This series, I'll be exploring a

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<v Speaker 1>new kind of capitalism, call it Muscism, extravagant extreme capitalism,

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<v Speaker 1>extra terrestrial capitalism, where stock prices are driven by earnings

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<v Speaker 1>and also by fantasies. Fantasies that you can find in

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<v Speaker 1>blockbusters superhero movies, but that come from science fiction. Some

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<v Speaker 1>of it a century old. The title of this series

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<v Speaker 1>comes from old science fiction two in a pulp story

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<v Speaker 1>from nineteen thirty eight, The Evening Rocket was the name

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<v Speaker 1>of a newspaper of the future, also in Silicon Valley.

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<v Speaker 1>The rocket is the go to metaphor for explosive growth.

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<v Speaker 1>This is a rocket ship, Get on it. The CEO

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<v Speaker 1>of Google like to tell people about his company. Cheryl

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<v Speaker 1>Sandberg of Facebook said the same thing. It's all about

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<v Speaker 1>fast growth. Blast off the people at Google and Facebook.

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<v Speaker 1>They're not doing rocket science. Elon Musk, though he really

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<v Speaker 1>does run a rocket science company. It's called SpaceX. Musk

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<v Speaker 1>loves the letter X. One of his first big startups,

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<v Speaker 1>X dot com. X is sexy as an X rated,

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<v Speaker 1>but X is sexy because X means mysterious and X

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<v Speaker 1>means mysterious because in sixteen thirty seven, when Renee Descartes

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<v Speaker 1>sat down to write a treatise on geometry, he decided

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<v Speaker 1>to use X and Z for variables, but his printer

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<v Speaker 1>setting the type kept running out of ys and z's,

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<v Speaker 1>but not xes because you don't use X very often

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<v Speaker 1>in French, so he used mostly xes X. The unknown

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<v Speaker 1>in the twentieth century, X became science fiction writer's favorite

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<v Speaker 1>letter of the alphabet X for extraterrestrial, as in the

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<v Speaker 1>film The Strange World of Planet X. Be prepared for

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<v Speaker 1>a fantastic adventure and to the future a monstrous world

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<v Speaker 1>of terriinal chaos. By the nineteen nineties, X Men, xbox,

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<v Speaker 1>X Files and then Elon Muskin X dot Com, SpaceX,

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<v Speaker 1>something strange was happening to capitalism. As the gap between

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<v Speaker 1>the rich and the poor got wider and eider, the

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<v Speaker 1>claims of corporations got more and more grandiose. Google opened

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<v Speaker 1>an R and D division called X, whose aim was

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<v Speaker 1>to solve some of the world's hardest problems. Tech companies

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<v Speaker 1>started talking about their mission, and their mission was always

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<v Speaker 1>magnificently inflated, transforming the future of work, connecting all of humanity,

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<v Speaker 1>making the world a better place. Scholars kept groping for

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<v Speaker 1>adjectives to describe these new brands of capitalism. Surveillance capitalism,

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<v Speaker 1>platform capitalism, identity capitalism, What about just x capitalism? Expert extreme,

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<v Speaker 1>extravagant existential a capitalism in which companies worry very publicly

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<v Speaker 1>and quite feverishly about planetary disaster, about the all two

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<v Speaker 1>real catastrophe of climate change, but also about all sorts

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<v Speaker 1>of so called existential risks to the future of the

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<v Speaker 1>human race, so that they can save us all. A

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<v Speaker 1>capitalism animated by catastrophe, a capitalism driven by science fiction

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<v Speaker 1>and driven too by the disavowal of its own origins.

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<v Speaker 1>To recover that history, each episode of The Evening Rocket

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<v Speaker 1>will blast off to the past. This episode is called

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<v Speaker 1>Dimension X. Our first destination in time and space is

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<v Speaker 1>South Africa in the nineteen seventies. Elon Musk was born

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<v Speaker 1>in Pretoria in nineteen seventy one. His father, Errol, was

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<v Speaker 1>an engineer who owned a construction business. His mother was

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<v Speaker 1>a former model. They had three kids. Elon was the oldest,

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<v Speaker 1>and then they got divorced when he was still a boy.

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<v Speaker 1>Errol Musk once gave an interview to South Africa's Radio

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<v Speaker 1>seven o two about his oldest son. But there's something

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<v Speaker 1>about Elon that's an X factor. What is that? Yeah,

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<v Speaker 1>I would say that it's always been a very deep sea.

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<v Speaker 1>When he was very small, for example, he would ask

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<v Speaker 1>me where is the whole world? The story of Velan

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<v Speaker 1>Musk's childhood, as it's usually told, is right out of

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<v Speaker 1>science fiction from a genre noon as the Boy Wonder story.

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<v Speaker 1>My favorites are the Tom Swift books series that started

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<v Speaker 1>in nineteen ten. Tom Swift and his Electric Runabout, the

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<v Speaker 1>speediest car on the road. Barton Swift, esteemed inventor, was

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<v Speaker 1>drawing a complicated machine, pausing to make some intricate calculations

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<v Speaker 1>when his young son interrupted him, I'm gonna build an

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<v Speaker 1>electric runabout, Dad, m I don't take much stock in

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<v Speaker 1>electric autos. Tom, I'm afraid you'll be disappointed. All the

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<v Speaker 1>electric runabouts I ever saw, while they were very nice cars,

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<v Speaker 1>didn't seem able to go so very fast. Ah, very far,

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<v Speaker 1>that's true, but it's because they didn't have the right

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<v Speaker 1>kind of battery. It seems to me that if you

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<v Speaker 1>put the right kind of battery into an automobile, it

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<v Speaker 1>could scoot a lung pretty lively. That Tom Swift story

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<v Speaker 1>was published more than a century ago, But the way

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<v Speaker 1>Errol Musk tells it, Little Elon was that same boy Wonder.

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<v Speaker 1>When the computers came out right in the beginning, he

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<v Speaker 1>came to me and said, the would like to have

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<v Speaker 1>one of these new computers. In nineteen eighty four, when

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<v Speaker 1>Elon Musk was twelve, he sold a video game to

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<v Speaker 1>PC Magazine for five hundred dollars. It's called blast Star

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<v Speaker 1>Black Screen, little squary blobs, Space Invader style our mission

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<v Speaker 1>destroy alien freighter carrying deadly hydrogen bombs and status beam machines.

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<v Speaker 1>So don't get me wrong. Elon Musk really was a

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<v Speaker 1>whiz kid. And when Musk tells his own origin story,

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<v Speaker 1>like when he spoke at the Computer History Museum in California,

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<v Speaker 1>that's how he tells it. I was very party bookers.

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<v Speaker 1>I was reading all the time, so I was either

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<v Speaker 1>reading or working on my computer or reading comics. He

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<v Speaker 1>read a lot of books, but he says that one

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<v Speaker 1>book above all became his guide for life, the Elon

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<v Speaker 1>Musk Bible. I guess when I was twelve with the

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<v Speaker 1>Tina had Company existential crisis, and I was reading various books.

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<v Speaker 1>I'm trying to figure out the meaning of life. And

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<v Speaker 1>we happen to have like some books by Nietzche and

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<v Speaker 1>Schopenhauer in the house, which you should not read at

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<v Speaker 1>age fourteen. It's really negative. Yeah, And I read The

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<v Speaker 1>Hitchhiker's Guide the Galaxy. It was quite positive. I think

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<v Speaker 1>in Douglas Adams is Hitchhiker's Guide. The people of megal

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<v Speaker 1>Athia build an enormous computer to ask it a question

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<v Speaker 1>about life, the universe and everything, and after thinking for

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<v Speaker 1>millions of years, it answers forty two. Musk says that

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<v Speaker 1>taught him a lesson a lot of times. The question

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<v Speaker 1>is harder than the answer, and if you can properly

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<v Speaker 1>phrase the question, then the answer is the easy part.

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<v Speaker 1>The Hitchhiker's Guide didn't start out as a book. Adams

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<v Speaker 1>wrote it for BBC Radio four, and starting in nineteen

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<v Speaker 1>seventy eight it was broadcast on the BBC World Service,

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<v Speaker 1>including Tupratoria. The Hitchhiker's Guide to the Galaxy by Douglas Adams.

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<v Speaker 1>Far back in the mists of ancient time, in the

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<v Speaker 1>great and glorious days of the former Galactic Empire, life

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<v Speaker 1>was wild, rich, and on the whole tax free. Many men,

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<v Speaker 1>of course, became extremely rich. But this was perfectly natural

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<v Speaker 1>and nothing to be ashamed of, because no one was

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<v Speaker 1>really poor, at least no one. We're speaking of. The

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<v Speaker 1>Hitchhiker's Guide, that is, begins with an indictment of economic inequality.

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<v Speaker 1>What was it like to listen to this in South

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<v Speaker 1>Africa under apartheid. Musk hardly ever talks about apartheid, at

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<v Speaker 1>least not publicly. I'm going to talk about it for

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<v Speaker 1>a while here because it's a crucial piece of this history.

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<v Speaker 1>But first, let me be really clear. White people who

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<v Speaker 1>happened to grow up in South Africa under apartheid in

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<v Speaker 1>the nineteen seventies and nineteen eighties are not responsible for apartheid.

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<v Speaker 1>Peter Thiel, another Silicon Valley entrepreneur and later a key

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<v Speaker 1>business partner of Elon Musk's, also lived in South Africa

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<v Speaker 1>for a while as a kid they were children. Also,

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<v Speaker 1>Musk left South Africa when he was seventeen to avoid

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<v Speaker 1>being conscripted into the army, the army that imposed and

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<v Speaker 1>enforced the regime. I'm not placing blame here. Still, I

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<v Speaker 1>do think there's a weird way in which the culture

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<v Speaker 1>of apartheid found expression in the nineteen nineties and Silicon

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<v Speaker 1>Valley's vision of the future. You've said that apartheid is

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<v Speaker 1>a habit of mind. Can you tell me what you

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<v Speaker 1>mean by that? I called up Jacob Glamini, a professor

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<v Speaker 1>of African history at Princeton. He grew up in South Africa,

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<v Speaker 1>and he's written beautifully and powerfully about apartheid. What I

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<v Speaker 1>mean by that is that the party it was not

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<v Speaker 1>just a social and political and economic system, but that

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<v Speaker 1>it was also a cultural system which incarcated in South Africans,

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<v Speaker 1>both black and white, patterns of behavior, ways of thinking.

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<v Speaker 1>It's side to transform how people saw themselves, but also

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<v Speaker 1>how they saw the world. The color question is rapidly

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<v Speaker 1>increasing in seriousness and urgency. I consider apartheid to be

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<v Speaker 1>South Africa's lost chance to remain a white man's country. Apartheid,

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<v Speaker 1>which means a parthood, began in nineteen forty eight. That

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<v Speaker 1>same year, in nineteen forty eight, Elon Musk's mother was

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<v Speaker 1>born in Canada. Her father, J. N. Haldeman was an

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<v Speaker 1>ardent conservative and anti communist. In nineteen fifty, Haldiman moved

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<v Speaker 1>his family to South Africa. Was there a lot of

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<v Speaker 1>immigration from saying North America to South Africa after apartheid

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<v Speaker 1>was declared? I just find that like an odd journey

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<v Speaker 1>for a family to make in nineteen fifty. Oh yeah,

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<v Speaker 1>I think that is quite striking. There is this conscious

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<v Speaker 1>effort and conscious attempt to recruit people to South Africa

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<v Speaker 1>to beef up white numbers to a point where blacks

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<v Speaker 1>would not be such a demographic threat. You know, here's

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<v Speaker 1>a place with amazing sunshine, great weather, and you can

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<v Speaker 1>actually live like a king or a queen. Elon Musk's

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<v Speaker 1>mother published a memoir in twenty twenty. It's called A

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<v Speaker 1>Woman Makes a Plan Advice for a lifetime of adventure,

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<v Speaker 1>beauty and Success. A lot of the book is about

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<v Speaker 1>growing up in South Africa in the nineteen fifties and

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<v Speaker 1>nineteen sixties. She says her parents were persuaded to move

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<v Speaker 1>there from Canada by missionaries who talked of its beauty.

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<v Speaker 1>Not once does she mention apartheid. Domini says that's not

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<v Speaker 1>unusual that the regime organized itself around acts of forgetting

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<v Speaker 1>and a razure, including pretending the native population somehow didn't

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<v Speaker 1>even exist. Unlike in the America's Right, you know, where

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<v Speaker 1>the indigenous populations were annihilated, the South African gates is different.

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<v Speaker 1>The vast majority of the population is not annihilated, and

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<v Speaker 1>whatever you have to build has to be built around

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<v Speaker 1>this idea that the natives have not disappeared. A resistance

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<v Speaker 1>movement rose up led beginning in the nineteen sixties by

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<v Speaker 1>a young lawyer, Nelson Mandela. The Africans require the franchise

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<v Speaker 1>on the basis of one man, one vote. They're one

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<v Speaker 1>political independence. Mandela was sent to prison in nineteen sixty three. Meanwhile,

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<v Speaker 1>the resistance grew is Radio Freio, the voice of the

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<v Speaker 1>African National Congress. The UN General Assembly denounced the apartheid

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<v Speaker 1>regime in nineteen seventy three. Two years later, right about

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<v Speaker 1>when Elon Musk was starting kindergarten, police open fire on

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<v Speaker 1>thousands of school ldren during a protest, and so wadow

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<v Speaker 1>we play in the yard, the school yard, in the

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<v Speaker 1>pools of hitting creatures. These were black children. White children

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<v Speaker 1>went to white schools. Black people had to pay for

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<v Speaker 1>their education, but whites didn't. Some people were joking it

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<v Speaker 1>was actually socialism for whites and capitalism for blacks, right,

0:15:31.676 --> 0:15:34.396
<v Speaker 1>And that's how a party it actually justified itself that,

0:15:34.556 --> 0:15:38.876
<v Speaker 1>you know, we create in a class of successful white people,

0:15:39.516 --> 0:15:42.996
<v Speaker 1>people who ran construction businesses like Errol Musk. Elon's father

0:15:43.396 --> 0:15:45.716
<v Speaker 1>made a lot of money in the apartheid era, building

0:15:45.836 --> 0:15:49.196
<v Speaker 1>two of everything, one for blacks and one for whites.

0:15:49.876 --> 0:15:53.636
<v Speaker 1>For whites, they built a fantasy world. Ideologically, I think

0:15:53.636 --> 0:15:56.116
<v Speaker 1>one of the successes of a part aid was in

0:15:56.276 --> 0:15:59.196
<v Speaker 1>making whites out off can't believe that everything they achieved

0:15:59.476 --> 0:16:02.876
<v Speaker 1>was through individual initiative, and everything that they ever have

0:16:02.996 --> 0:16:06.396
<v Speaker 1>got in life was through their own hard work, you know,

0:16:06.516 --> 0:16:08.916
<v Speaker 1>never mind the fact that the system was designed to

0:16:09.356 --> 0:16:11.396
<v Speaker 1>some ways gave them all the benefit and to give

0:16:11.396 --> 0:16:14.716
<v Speaker 1>them all the resources to get on in life. It's

0:16:14.716 --> 0:16:17.636
<v Speaker 1>so interesting because the darkness of that divide, you know,

0:16:17.676 --> 0:16:23.756
<v Speaker 1>the rigidity of the separation, has so many earlier representations

0:16:23.756 --> 0:16:25.756
<v Speaker 1>in the world of science fiction, right, like so much

0:16:25.796 --> 0:16:28.796
<v Speaker 1>of H. G. Wells as science fiction is about what

0:16:28.916 --> 0:16:32.236
<v Speaker 1>about a terrible, awful future in which we divide people

0:16:32.276 --> 0:16:34.356
<v Speaker 1>into some who will live underground and do all of

0:16:34.356 --> 0:16:36.596
<v Speaker 1>the work for us, and we will never see them,

0:16:36.596 --> 0:16:38.996
<v Speaker 1>and we will pretend they don't even exist, and those

0:16:38.996 --> 0:16:40.556
<v Speaker 1>of us who will live in the skies and in

0:16:40.596 --> 0:16:44.076
<v Speaker 1>the clouds. And to me, sometimes when I think about

0:16:44.076 --> 0:16:48.436
<v Speaker 1>what Silicon Valley is imagining, we will colonize Mars, and

0:16:48.516 --> 0:16:51.036
<v Speaker 1>some people will go there who really need to be

0:16:51.356 --> 0:16:55.796
<v Speaker 1>relieved of their experience on Earth. I mean, am I

0:16:55.876 --> 0:16:58.916
<v Speaker 1>off base to say that some of that seems to

0:16:58.956 --> 0:17:04.636
<v Speaker 1>revive these notions of very very strict hierarchies. I don't

0:17:04.676 --> 0:17:07.436
<v Speaker 1>think you're off base at all, Joe. I mean, I

0:17:07.436 --> 0:17:09.436
<v Speaker 1>think you've put your finger in it. And of course

0:17:09.436 --> 0:17:12.316
<v Speaker 1>we don't want to instrumentalize this and see, you know,

0:17:12.356 --> 0:17:14.996
<v Speaker 1>it does just caused an effect. But I think there's

0:17:15.036 --> 0:17:18.516
<v Speaker 1>a strong case to be made for the connection between

0:17:18.716 --> 0:17:23.876
<v Speaker 1>this a part of dystopia and this idealized version of

0:17:23.876 --> 0:17:26.596
<v Speaker 1>a world where the elites don't have to share their

0:17:26.636 --> 0:17:32.196
<v Speaker 1>oxygen with lesser beings. So I listened to The Hitchhiker's Guide,

0:17:32.236 --> 0:17:34.436
<v Speaker 1>and I find it strange that Elon Musk is such

0:17:34.436 --> 0:17:36.756
<v Speaker 1>a fan, because a lot of it sounds to me

0:17:36.876 --> 0:17:39.396
<v Speaker 1>like an indictment of people just like him, or like

0:17:39.516 --> 0:17:42.836
<v Speaker 1>Amazon's Jeff Bezos. The mega rich, with their privately owned

0:17:42.916 --> 0:17:46.836
<v Speaker 1>rockets blasting off to other planets, and for these extremely

0:17:46.916 --> 0:17:50.396
<v Speaker 1>rich merchants, life eventually became rather dull, and it seemed

0:17:50.436 --> 0:17:53.956
<v Speaker 1>that none of the worlds they settled on was entirely satisfactory.

0:17:54.636 --> 0:17:57.596
<v Speaker 1>Either the climate wasn't quite right in the later part

0:17:57.596 --> 0:18:00.596
<v Speaker 1>of the afternoon, nor the day was half an hour

0:18:00.716 --> 0:18:04.196
<v Speaker 1>too long, or the sea was just the wrong shade

0:18:04.196 --> 0:18:08.036
<v Speaker 1>of pink. And thus where created the conditions for a

0:18:08.196 --> 0:18:14.076
<v Speaker 1>staggering new form of industry, custom made luxury planet building.

0:18:15.796 --> 0:18:19.876
<v Speaker 1>Also hear me out. I think the Hitchhiker's Guide, broadcast

0:18:19.916 --> 0:18:22.436
<v Speaker 1>by the BBC in the nineteen seventies, just when the

0:18:22.476 --> 0:18:27.636
<v Speaker 1>world was condemning apartheid, sounds quite specifically as though it's

0:18:27.636 --> 0:18:31.396
<v Speaker 1>an indictment of apartheid like social and economic systems. And

0:18:31.516 --> 0:18:37.756
<v Speaker 1>I don't think I'm overreading. Douglas Adams wrote Hitchhiker's Guide

0:18:37.756 --> 0:18:41.236
<v Speaker 1>on herme's manual typewriter. One key is more worn down

0:18:41.276 --> 0:18:44.716
<v Speaker 1>than the rest, the letter X. And you know what

0:18:44.836 --> 0:18:48.036
<v Speaker 1>was on the side of that typewriter, a sticker. It

0:18:48.116 --> 0:18:56.876
<v Speaker 1>says end apartheid. When Elon Musk started college at the

0:18:56.996 --> 0:19:01.076
<v Speaker 1>University of Pretoria, apartheid was on the verge of collapse

0:19:01.396 --> 0:19:08.636
<v Speaker 1>today if black and wide the lack of nine bapati.

0:19:10.756 --> 0:19:13.716
<v Speaker 1>By then, in nineteen ninety, when Mandela was released after

0:19:13.796 --> 0:19:17.116
<v Speaker 1>twenty seven years in prison, Elon Musk had left South

0:19:17.116 --> 0:19:23.396
<v Speaker 1>Africa behind to launch his new life in North America.

0:19:26.676 --> 0:19:28.436
<v Speaker 1>We have to get back in the rocket again to

0:19:28.516 --> 0:19:31.836
<v Speaker 1>go still further back in time, two generations in fact,

0:19:32.316 --> 0:19:36.516
<v Speaker 1>because after graduating, Musk traveled to Canada, where his maternal

0:19:36.556 --> 0:19:39.716
<v Speaker 1>grandfather was from He wanted to get to the United States,

0:19:39.756 --> 0:19:42.876
<v Speaker 1>but it was easier to get a Canadian passport. Having

0:19:42.876 --> 0:19:45.716
<v Speaker 1>broken with his father, he flew to Montreal with nothing

0:19:45.756 --> 0:19:50.036
<v Speaker 1>but a backpack, then hitchhiked to Saskatchewan, where his grandfather

0:19:50.076 --> 0:19:53.156
<v Speaker 1>had lived before moving the family to South Africa. And

0:19:53.236 --> 0:19:56.196
<v Speaker 1>it's this grandfather, j Nn Haldeman, who I want to

0:19:56.196 --> 0:19:59.556
<v Speaker 1>look at next, because before he left Canada in the

0:19:59.636 --> 0:20:02.476
<v Speaker 1>nineteen thirties, he'd been a leader of a strange sci

0:20:02.516 --> 0:20:08.116
<v Speaker 1>fi inspired movement known as technocracy. It bears an uncanny

0:20:08.156 --> 0:20:11.556
<v Speaker 1>resemblance to some things going on today in Silicon Valley,

0:20:12.116 --> 0:20:18.836
<v Speaker 1>repackaged as existential risk futurism. What technocracy ink is chiefly

0:20:18.916 --> 0:20:22.716
<v Speaker 1>engaged in now is the organization of an army of

0:20:22.836 --> 0:20:27.916
<v Speaker 1>trained men and women who, when the present interference controls

0:20:27.956 --> 0:20:32.636
<v Speaker 1>break down and the intricate machinery of production and distribution

0:20:32.796 --> 0:20:36.116
<v Speaker 1>is in danger of stopping, will be able to prevent

0:20:36.196 --> 0:20:40.356
<v Speaker 1>that catastrophe before it is too late. So this sounds

0:20:40.396 --> 0:20:43.796
<v Speaker 1>like science fiction, but this really happened. People in the

0:20:43.836 --> 0:20:48.756
<v Speaker 1>technocracy movement, they call themselves technocrats, wanted engineers and scientists

0:20:48.796 --> 0:20:52.356
<v Speaker 1>to run governments. They took their inspiration from science fiction,

0:20:52.796 --> 0:20:56.116
<v Speaker 1>where engineers and scientists were always solving problems. They were

0:20:56.156 --> 0:21:01.116
<v Speaker 1>suspicious of democracy and also of capitalism. By price system

0:21:01.356 --> 0:21:04.836
<v Speaker 1>is not meant merely the capitalistic system, which is only

0:21:04.916 --> 0:21:08.796
<v Speaker 1>one variety of the species. It means the collapse and

0:21:09.116 --> 0:21:13.916
<v Speaker 1>complete obsolescence of the entire method of distributing goods and

0:21:14.156 --> 0:21:18.276
<v Speaker 1>services by means of a price. There will be no

0:21:18.396 --> 0:21:25.316
<v Speaker 1>place for politics or politicians, finance or financiers. Rackets are racketeers.

0:21:26.596 --> 0:21:30.316
<v Speaker 1>Grant Whiteoff teaches Digital Humanities and American Studies at Princeton.

0:21:30.676 --> 0:21:33.316
<v Speaker 1>He says that technocracy movement started in New York in

0:21:33.436 --> 0:21:36.876
<v Speaker 1>nineteen nineteen with a guy who ran a floor waxing business.

0:21:37.276 --> 0:21:40.676
<v Speaker 1>His idea was that engineers had these unique qualities that

0:21:40.716 --> 0:21:43.716
<v Speaker 1>would somehow make them good social leaders. They could assess

0:21:43.756 --> 0:21:46.756
<v Speaker 1>a situation from above, they would come up with much

0:21:46.756 --> 0:21:53.596
<v Speaker 1>more rational or economic solutions than politicians or economic leaders would. Then,

0:21:53.676 --> 0:21:55.996
<v Speaker 1>with the stock market crash of nineteen twenty nine and

0:21:56.036 --> 0:21:59.636
<v Speaker 1>the depression that followed, democracies were collapsing all over the world.

0:22:00.156 --> 0:22:03.676
<v Speaker 1>Technocracy really had its moment. Local chapters at that point

0:22:03.756 --> 0:22:07.436
<v Speaker 1>had sprung up everywhere across the US and Canada, and

0:22:07.716 --> 0:22:11.676
<v Speaker 1>each of those chapters art putting forward their own competing ideas.

0:22:11.996 --> 0:22:15.396
<v Speaker 1>There's an invented unit of measure called the ERG. This

0:22:15.436 --> 0:22:18.556
<v Speaker 1>is one solution that we replace currency with units of energy,

0:22:18.796 --> 0:22:22.556
<v Speaker 1>depended on how much energy a single worker is capable

0:22:22.556 --> 0:22:25.116
<v Speaker 1>of producing in a given day and how much they

0:22:25.156 --> 0:22:28.276
<v Speaker 1>should get in return for that work. As far as

0:22:28.316 --> 0:22:30.716
<v Speaker 1>I can tell, it's at this point that Elon Musk's

0:22:30.716 --> 0:22:34.556
<v Speaker 1>grandfather got involved with technocracy. He lost his farm during

0:22:34.556 --> 0:22:38.236
<v Speaker 1>the depression and ever after didn't believe in banks or banking.

0:22:38.756 --> 0:22:41.236
<v Speaker 1>A lot of people felt that way, and some of

0:22:41.236 --> 0:22:43.956
<v Speaker 1>them were drawn into the set of ideas about a

0:22:43.996 --> 0:22:46.556
<v Speaker 1>different way of thinking about money. And some of the

0:22:46.636 --> 0:22:49.316
<v Speaker 1>chapters start doing odd things to kind of get their

0:22:49.356 --> 0:22:54.876
<v Speaker 1>message across. They start wearing these identical gray uniforms, driving

0:22:55.156 --> 0:22:59.836
<v Speaker 1>these gray cars in these large parades, blasting speeches out

0:22:59.836 --> 0:23:04.716
<v Speaker 1>of megaphones. They adopt this Yin Yang symbol on all

0:23:04.716 --> 0:23:07.916
<v Speaker 1>of their uniforms and all of their signs. I'm kind

0:23:07.956 --> 0:23:09.836
<v Speaker 1>of pulled into a different directions, you know. On the

0:23:09.876 --> 0:23:13.996
<v Speaker 1>one hand, I just I just think they're nuts, And

0:23:14.156 --> 0:23:16.356
<v Speaker 1>on the other hand, it seems to reflect an enormous

0:23:16.356 --> 0:23:19.676
<v Speaker 1>amount of anguish and uncertainty. But it has a kind

0:23:19.676 --> 0:23:22.796
<v Speaker 1>of quasi fascistic feel to me. How should we read that?

0:23:23.236 --> 0:23:25.276
<v Speaker 1>Technocracy from the start was caught up in a lot

0:23:25.316 --> 0:23:29.116
<v Speaker 1>of different science fictional imaginaries that it didn't always have

0:23:29.316 --> 0:23:34.476
<v Speaker 1>full perspective on. They want to write themselves into these

0:23:34.516 --> 0:23:39.356
<v Speaker 1>gleaming science fictional futures that they are obsessed with, but

0:23:39.596 --> 0:23:42.396
<v Speaker 1>without actually thinking through what that would mean in practice,

0:23:42.836 --> 0:23:45.756
<v Speaker 1>what it would mean to replace an entire system of

0:23:45.836 --> 0:23:51.276
<v Speaker 1>government some of what Elon Musk and other Silicon Valley

0:23:51.356 --> 0:23:55.076
<v Speaker 1>entrepreneurs now indoors. There's something of a family likeness to

0:23:55.116 --> 0:23:58.956
<v Speaker 1>the technocracy movement, a fixation on futurism, a kind of

0:23:59.076 --> 0:24:03.836
<v Speaker 1>radical rationalism, the idea that technological innovation can solve political

0:24:03.876 --> 0:24:06.836
<v Speaker 1>and social problems, a critique of paper currency and the

0:24:06.876 --> 0:24:11.836
<v Speaker 1>price system. Also, for some reason, technocrats objected to personal names.

0:24:12.356 --> 0:24:16.396
<v Speaker 1>For instance, one technocrat renamed himself one X one eight

0:24:16.516 --> 0:24:20.556
<v Speaker 1>zero nine x five six, like Elon Musk's youngest son,

0:24:20.916 --> 0:24:24.756
<v Speaker 1>a baby named x Ash twelve or X for short.

0:24:27.516 --> 0:24:30.596
<v Speaker 1>Elon Musk, after that year in Saskatchewan, spent two years

0:24:30.636 --> 0:24:34.716
<v Speaker 1>at Queen's University in Ontario. Then he transferred to the

0:24:34.796 --> 0:24:39.076
<v Speaker 1>University of Pennsylvania, graduating with degrees in economics and physics.

0:24:39.516 --> 0:24:42.556
<v Speaker 1>He spent a summer interning at dot COM's in Silicon Valley,

0:24:42.956 --> 0:24:49.556
<v Speaker 1>where things were getting wild. It was a gold rush.

0:24:49.756 --> 0:24:52.996
<v Speaker 1>In nineteen ninety five, the Internet opened to commercial traffic

0:24:53.356 --> 0:24:56.436
<v Speaker 1>for the first time. You could buy stuff online. But

0:24:56.556 --> 0:25:00.716
<v Speaker 1>how Musk started a PhD program in material science engineering

0:25:00.716 --> 0:25:04.156
<v Speaker 1>at Stanford but dropped out after two days. As he

0:25:04.276 --> 0:25:08.036
<v Speaker 1>later told CNN back in ninety five, they weren't for

0:25:08.196 --> 0:25:11.396
<v Speaker 1>many people on the Internet, and certainly nobody was making

0:25:11.436 --> 0:25:14.516
<v Speaker 1>any money at all. Most people thought the Internet was

0:25:14.556 --> 0:25:18.516
<v Speaker 1>going to be a fat elon. Musk started his first company,

0:25:18.756 --> 0:25:22.356
<v Speaker 1>zip two, with his brother and a friend. Everyone at

0:25:22.356 --> 0:25:24.196
<v Speaker 1>the time was trying to engage in what was called

0:25:24.436 --> 0:25:29.356
<v Speaker 1>disruptive innovation, which means destroy existing industries by doing things

0:25:29.396 --> 0:25:34.716
<v Speaker 1>completely differently online. Zip two was a newspaper industry disruptive innovation.

0:25:34.916 --> 0:25:38.996
<v Speaker 1>It helped newspapers make the transition to online publishing, though

0:25:39.036 --> 0:25:43.036
<v Speaker 1>it also contributed to a crisis in journalism. All sorts

0:25:43.036 --> 0:25:47.076
<v Speaker 1>of people founded news aggregators and news feeds. Musk made

0:25:47.076 --> 0:25:50.396
<v Speaker 1>his first fortune in nineteen ninety nine. He sold Zip

0:25:50.396 --> 0:25:55.116
<v Speaker 1>two for three hundred million dollars cash receiving cash is cash.

0:25:55.116 --> 0:25:57.876
<v Speaker 1>I mean, those are just a large number of Ben Franklin's.

0:25:58.556 --> 0:26:02.276
<v Speaker 1>He then turned to thinking about online money technocrats. Like

0:26:02.316 --> 0:26:06.316
<v Speaker 1>his grandfather had wanted to abolish the price system, Musk

0:26:06.596 --> 0:26:10.676
<v Speaker 1>wanted to restructure the system of exchange itself. This planet

0:26:10.716 --> 0:26:13.836
<v Speaker 1>has or had a problem, which was this, most of

0:26:13.836 --> 0:26:16.356
<v Speaker 1>the people living on it were unhappy for pretty much

0:26:16.356 --> 0:26:19.876
<v Speaker 1>of the time. Many solutions were suggested for this problem,

0:26:20.036 --> 0:26:22.916
<v Speaker 1>but most of these were largely concerned with the movements

0:26:22.916 --> 0:26:26.196
<v Speaker 1>of small green pieces of paper, which is odd because

0:26:26.236 --> 0:26:29.116
<v Speaker 1>on the whole it wasn't the small green pieces of

0:26:29.156 --> 0:26:33.516
<v Speaker 1>paper that were unhappy. In nineteen ninety nine, Musk founded

0:26:33.556 --> 0:26:37.436
<v Speaker 1>a new company, X dot com. So this is an ATM.

0:26:37.596 --> 0:26:40.676
<v Speaker 1>All we're going to do is transform the traditional banking industry.

0:26:41.236 --> 0:26:44.556
<v Speaker 1>Musk put millions of dollars into x dot com. He said,

0:26:44.796 --> 0:26:47.356
<v Speaker 1>selling one business and starting the next was like a

0:26:47.436 --> 0:26:50.116
<v Speaker 1>high stakes poker game. You win a big pot, you

0:26:50.196 --> 0:26:54.436
<v Speaker 1>risk it all all over again. This is called serial entrepreneurship.

0:26:54.916 --> 0:26:57.956
<v Speaker 1>Start it, sell it, raise venture capital to start the

0:26:57.956 --> 0:27:00.716
<v Speaker 1>next thing. Every time you do this, you've got to

0:27:00.716 --> 0:27:04.076
<v Speaker 1>come up with a story, characters, and a plot. Because

0:27:04.116 --> 0:27:07.156
<v Speaker 1>your investors don't have any real metrics, no earnings or profits,

0:27:07.236 --> 0:27:12.196
<v Speaker 1>no prices invests. You are buying your story. A startup

0:27:12.236 --> 0:27:15.036
<v Speaker 1>doesn't actually have to make anything, or do anything, or

0:27:15.076 --> 0:27:17.916
<v Speaker 1>succeed in any measurable way. For a venture capitalist to

0:27:17.956 --> 0:27:21.316
<v Speaker 1>make money. That startup just has to sound good enough

0:27:21.356 --> 0:27:23.996
<v Speaker 1>for someone else to invest in it. All it has

0:27:24.036 --> 0:27:26.876
<v Speaker 1>to do is tell a really incredible story. And the

0:27:26.956 --> 0:27:29.556
<v Speaker 1>more obviously the story comes straight out of the pages

0:27:29.556 --> 0:27:36.156
<v Speaker 1>of science fiction the better. X dot Com described itself

0:27:36.196 --> 0:27:39.436
<v Speaker 1>as an online bank, but its founders soon discovered that

0:27:39.516 --> 0:27:43.756
<v Speaker 1>people mostly wanted to use it as an online payment system. Meanwhile,

0:27:43.836 --> 0:27:47.116
<v Speaker 1>Peter Teal had started a company called Confinity that could

0:27:47.156 --> 0:27:51.556
<v Speaker 1>send payments between devices. Teal worked as a securities lawyer

0:27:51.796 --> 0:27:55.156
<v Speaker 1>before helping to found Confinity. In nineteen ninety nine, the

0:27:55.156 --> 0:27:58.676
<v Speaker 1>company launched a service it called PayPal. If people were

0:27:58.676 --> 0:28:00.996
<v Speaker 1>going to buy things online, they needed to be able

0:28:00.996 --> 0:28:03.756
<v Speaker 1>to pay for things online. As Teal saw it, they

0:28:03.756 --> 0:28:08.276
<v Speaker 1>were reinventing money. In two thousand, Confinity and X dot

0:28:08.276 --> 0:28:12.396
<v Speaker 1>Com merge. One thing Musk regrets is that the company's

0:28:12.436 --> 0:28:18.436
<v Speaker 1>product got called PayPal instead of X. The founders of

0:28:18.476 --> 0:28:22.076
<v Speaker 1>these companies became known as the PayPal Mafia because they

0:28:22.116 --> 0:28:24.676
<v Speaker 1>made staggering sums of money when PayPal went public in

0:28:24.716 --> 0:28:27.476
<v Speaker 1>two thousand and two and was later bought by eBay,

0:28:27.956 --> 0:28:30.116
<v Speaker 1>and then they went on to found their own venture

0:28:30.116 --> 0:28:35.316
<v Speaker 1>capital companies, funding other startups, including YouTube and Facebook. X

0:28:35.436 --> 0:28:45.196
<v Speaker 1>Capitalism was born a few years back. Elon Musk, nostalgic

0:28:45.236 --> 0:28:48.436
<v Speaker 1>about this time of his life, bought the domain X

0:28:48.556 --> 0:28:52.036
<v Speaker 1>dot com. There's just a little X there now on

0:28:52.076 --> 0:28:55.156
<v Speaker 1>a blank page because the only thing in the source

0:28:55.196 --> 0:29:01.716
<v Speaker 1>code is the letter X. Mostly though, Musk used his

0:29:01.836 --> 0:29:04.996
<v Speaker 1>money not to fund other people's ventures, but to start

0:29:04.996 --> 0:29:16.756
<v Speaker 1>a company of his own, a rocket company, SpaceX Next

0:29:16.756 --> 0:29:24.716
<v Speaker 1>Time on the Evening Rocket, blasting off to Mars. The

0:29:24.796 --> 0:29:28.316
<v Speaker 1>Evening Rocket was written and read by me Jillapoor for

0:29:28.396 --> 0:29:31.236
<v Speaker 1>the BBC. The Evening Rocket was produced by Viv Jones.

0:29:31.436 --> 0:29:34.916
<v Speaker 1>Oliver Riskin Cuts was the researcher. The editor was Hugh Levinson.

0:29:35.196 --> 0:29:39.076
<v Speaker 1>The commissioning editor was Dan Clark. Ionah Hammond was production coordinator.

0:29:39.476 --> 0:29:42.116
<v Speaker 1>Mixing by Graham put a Foot and original music by

0:29:42.156 --> 0:29:45.236
<v Speaker 1>Corn Tooth. For Pushkin, it was produced by Sophie Crane,

0:29:45.276 --> 0:29:48.116
<v Speaker 1>mckibbon and Jake Gorski, who also did the mix and

0:29:48.156 --> 0:29:52.396
<v Speaker 1>sound design. Production support from Ben Nattapafrick. Our executive producer

0:29:52.476 --> 0:29:56.996
<v Speaker 1>is Mielobell. Our operations team includes Daniella Lakhan, Maya Kanig,

0:29:57.036 --> 0:30:00.676
<v Speaker 1>and Carl Mgliori. Thanks also to John Schnar's Jacob Weisberg,

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<v Speaker 1>Maggie Taylor, Heather Faine, Nicole Moreno, and Eric Sandler.