WEBVTT - Episode 2: Dimension X

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<v Speaker 1>Pushkin.

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<v Speaker 2>Elon Musk is the richest person on the planet. Long

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<v Speaker 2>before Donald Trump appointed him to run DOGE, a department

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<v Speaker 2>of government efficiency, Musk had plans. Plans to save the

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<v Speaker 2>world from climate catastrophe with electric cars and solar panels

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<v Speaker 2>and underground tunnels, Plans to colonize Mars, Plans to build

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<v Speaker 2>chips to put in people's brains. He is followed by

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<v Speaker 2>more than two hundred million people on social media. He

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<v Speaker 2>has two ex wives and eleven children, including a son

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<v Speaker 2>named x The bare facts of Musk's life, the way

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<v Speaker 2>they're usually told make him sound like a fictional character,

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<v Speaker 2>a comic book superhero.

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<v Speaker 1>But what's the real story, the actual history behind the

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<v Speaker 1>comic book. Welcome to X Man, the Elon.

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<v Speaker 2>Musk origin Story.

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<v Speaker 1>I'm Jill Lapour.

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<v Speaker 2>I'm a professor of history and law at Harvard. For

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<v Speaker 2>a long time, I've been studying the relationship between technological

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<v Speaker 2>and political change. I'm fascinated by visions of the future

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<v Speaker 2>in political discourse, in literature, in science fiction, and even

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<v Speaker 2>comic books. This series, I'm exploring a new kind of capitalism.

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<v Speaker 2>I call Muskism extravagant extreme capitalism, extraterrestrial capitalism where stock

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<v Speaker 2>prices are driven by earnings but also by fantasies. Fantasies

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<v Speaker 2>that you can find in blockbuster superhero movies, but that

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<v Speaker 2>come from science fiction, some of it.

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<v Speaker 1>A century old.

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<v Speaker 2>Elon Musk runs a rocket company. It's called space X,

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<v Speaker 2>his artificial intelligence company x AI, the name he gave

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<v Speaker 2>to Twitter after he bought it. X. Musk loves the

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<v Speaker 2>letter X, one of his first big startups, X dot com.

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<v Speaker 2>X is sexy as an X rated, but X is

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<v Speaker 2>sexy because X means mysterious and X means mysterious because

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<v Speaker 2>In sixteen thirty seven, when Renee Descartes sat down to

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<v Speaker 2>write a treatise on geometry, he decided to use X, Y,

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<v Speaker 2>and Z for variables, but his printer setting the type

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<v Speaker 2>kept running out of ys and z's but not x's

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<v Speaker 2>because you don't use X very often in French, so

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<v Speaker 2>he used mostly x's X the unknown. In the twentieth century,

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<v Speaker 2>X became science fiction writer's favorite letter of.

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<v Speaker 1>The alphabet.

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<v Speaker 2>X for extraterrestrial, as in the film The Strange World

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<v Speaker 2>of Planet X.

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<v Speaker 3>Be prepared for a fantastic adventure into.

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<v Speaker 2>The future, a monstrous world of terror and chaos. By

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<v Speaker 2>the nineteen nineties x men, xbox, x files, and then

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<v Speaker 2>Elon Muskin x, dot com, SpaceX. Something strange was happening

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<v Speaker 2>to capitalism. As the gap between the rich and the

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<v Speaker 2>poor got wider and wider, the claims of corporations got

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<v Speaker 2>more and more grandiose. Google opened an R and D

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<v Speaker 2>division called X, whose aim was to solve some of

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<v Speaker 2>the world's hardest problems. Tech companies started talking about their mission,

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<v Speaker 2>and their mission was always magnificently inflated, transforming the future

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<v Speaker 2>of work, connecting all of humanity, making.

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<v Speaker 1>The world a better place.

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<v Speaker 2>Scholars kept groping for adjectives to describe these new brands

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<v Speaker 2>of capitalism. Surveillance capitalism, platform capitalism, identity capitalism, What about

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<v Speaker 2>just capitalism X for extreme extravagant existential A capitalism in

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<v Speaker 2>which companies worry very publicly and quite feverishly about planetary disaster,

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<v Speaker 2>about the all too real catastrophe of climate change, but

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<v Speaker 2>also about all sorts of so called existential risks to

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<v Speaker 2>the future of the human race, so that they can

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<v Speaker 2>save us all. A capitalism animated by catastrophe, A capitalism

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<v Speaker 2>driven by science fiction and driven to by the disavowal

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<v Speaker 2>of its.

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<v Speaker 1>Own origins to recover that history.

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<v Speaker 2>Each episode of X Men were blasting off to the past.

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<v Speaker 2>This episode is called Dimension X. Our first destination and

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<v Speaker 2>time and space is South Africa in the nineteen seventies.

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<v Speaker 2>Elon Musk was born in Pretoria in nineteen seventy one.

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<v Speaker 2>His father, Errol, was an engineer who owned a construction business.

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<v Speaker 2>His mother was a former model. They had three kids.

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<v Speaker 2>Elon was the oldest. His parents got divorced when he

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<v Speaker 2>was still a boy. Eryl Musk has lately become a

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<v Speaker 2>prominent figure in his son's shadow. Outspoken and controversial, He's

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<v Speaker 2>compared the jailed far right activist Tommy Robinson to Nelson

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<v Speaker 2>Mandela and predicted Robinson would one day be Britain's Prime Minister.

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<v Speaker 2>Eryl Musk's relationship with his oldest son is fraud, but

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<v Speaker 2>he's always maintained that Elon is a genius, as he

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<v Speaker 2>did about a decade ago during an interview with South

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<v Speaker 2>Africa's Radio seven oh two.

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<v Speaker 4>Is something about Elon that's an X factor?

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<v Speaker 5>What is that? Yeah? I would say that he's always

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<v Speaker 5>been a very deep thinker.

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<v Speaker 4>Yeah.

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<v Speaker 5>When he was very small, for example, he would ask me,

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<v Speaker 5>where is the whole world?

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<v Speaker 2>The story of Elon Musk's childhood, as it's usually told,

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<v Speaker 2>is right out of science fiction, from a genre known

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<v Speaker 2>as the boy Wonder story. My favorites are the Tom

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<v Speaker 2>Swift books series that started in nineteen ten.

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<v Speaker 6>Tom Swift and his Electric Runabout, the speediest car on

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<v Speaker 6>the road. Barton Swift, esteemed inventor, was drawing a complicated machine,

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<v Speaker 6>pausing to make some intricate calculations when his young son

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<v Speaker 6>interrupted him.

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<v Speaker 7>I'm gonna build an electric runabout.

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<v Speaker 4>Dad. Hmmm, I don't take much stock in electric autos. Tom.

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<v Speaker 4>All the electric runabouts I ever saw didn't seem able

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<v Speaker 4>to go so very fast, oh very far.

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<v Speaker 7>That's true, but it's because they didn't have the right

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<v Speaker 7>kind of battery. It seems to me that if you

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<v Speaker 7>put the right kind of battery into an automobile, it

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<v Speaker 7>could scoot along pretty lively.

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<v Speaker 2>That Tom Swift story was published more than a century ago.

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<v Speaker 2>But the way well Musk tells it, little Elon was

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<v Speaker 2>that same boy wonder.

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<v Speaker 5>When the computers came out right in the beginning, he

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<v Speaker 5>came to me and said he would like to have

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<v Speaker 5>one of these new computers.

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<v Speaker 2>In nineteen eighty four, when Elon Musk was twelve, he

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<v Speaker 2>sold a video game to PC magazine for five hundred dollars.

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<v Speaker 2>It's called Blastar Black Screen, little squary blobs, Space Invader

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<v Speaker 2>style our mission destroy alien freighter carrying deadly hydrogen bombs

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<v Speaker 2>and status beam machines. So don't get me wrong, Elon

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<v Speaker 2>Musk really was a whiz kid. And when Elon Musk

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<v Speaker 2>tells his own origin story, like when he spoke at

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<v Speaker 2>the Computer History Museum in California, that's how.

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<v Speaker 1>He tells it.

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<v Speaker 8>I was very prairie booker, so I was reading all

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<v Speaker 8>the time. So I was either reading, working on my computer,

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<v Speaker 8>or reading comics.

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<v Speaker 2>He read a lot of books, but he says that

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<v Speaker 2>one book above all became his guide for life, the

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<v Speaker 2>Elon Musk Bible.

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<v Speaker 8>When I was twelve or thirteen, a head company existential crisis,

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<v Speaker 8>and I was reading various books trying to figure out

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<v Speaker 8>the meaning of life. And we happened to have like

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<v Speaker 8>some books by Nietzschen Schopenhauer in the house, which you

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<v Speaker 8>should not read at age fourteen is bad, it's really negative.

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<v Speaker 8>Then I read The Hitchhiker's Guide the galaxyat which was

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<v Speaker 8>quite positive, I think.

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<v Speaker 2>In Douglas Adams is Hitchhiker's Guide, the people of Megalithia

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<v Speaker 2>built an enormous computer to ask it a question about life,

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<v Speaker 2>the universe and everything, and after thinking for millions of years,

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<v Speaker 2>it answers forty two.

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<v Speaker 1>Musk says that taught him a.

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<v Speaker 8>Lesson a lot of times, the question is hotter than

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<v Speaker 8>the answer, and if you can properly phrase the question,

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<v Speaker 8>then the answer is the easy part.

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<v Speaker 2>The Hitchhiker's Guide didn't start out as a book. Adams

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<v Speaker 2>wrote it for BBC Radio four, and starting in nineteen

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<v Speaker 2>seventy eight it was broadcast on the BBC World Service,

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<v Speaker 2>including to Pretoria l What was.

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<v Speaker 3>The Hitchhiker's Guide to the Galaxy by Douglas Adams? Far

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<v Speaker 3>back in the mists of ancient time, in the great

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<v Speaker 3>and glorious days of the former Galactic Empire, life was wild, rich,

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<v Speaker 3>and on the whole tax free. Many men, of course,

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<v Speaker 3>became extremely rich, but this was perfectly natural and nothing

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<v Speaker 3>to be ashamed of, because no one was really poor,

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<v Speaker 3>at least no one worth. Speaking of.

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<v Speaker 2>The Hitchhiker's Guide, that is, begins with an indictment of

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<v Speaker 2>economic inequality. What was it like to listen to this

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<v Speaker 2>in South Africa under apartheid. Musk hardly ever talks about apartheid.

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<v Speaker 1>At least not publicly. I'm going to.

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<v Speaker 2>Talk about it for a while here because it's a

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<v Speaker 2>crucial piece of this history. But first, let me be

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<v Speaker 2>really clear. White people who happened to grow up in

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<v Speaker 2>South Africa under apartheid in the nineteen seventies and nineteen

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<v Speaker 2>eighties are not responsible for apartheid. Peter Teel, another Silicon

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<v Speaker 2>entrepreneur and later a key business partner of Elon Musk's,

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<v Speaker 2>also lived in South Africa for a while as a kid.

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<v Speaker 1>They were children.

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<v Speaker 2>Also, Musk left South Africa when he was seventeen to

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<v Speaker 2>avoid being conscripted into the army, the army that imposed

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<v Speaker 2>and enforced the regime. I'm not placing blame here. Still,

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<v Speaker 2>I do think there's a weird way in which the

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<v Speaker 2>culture of apartheid found expression in the nineteen nineties in

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<v Speaker 2>Silicon Valley's Vision.

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<v Speaker 1>Of the Future.

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<v Speaker 2>You know, you've said that apartheid is a habit of mind.

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<v Speaker 2>Can you tell me what you mean by that? I

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<v Speaker 2>called up Jacob Glamini, a professor of African History at Princeton.

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<v Speaker 2>He grew up in South Africa, and he's written beautifully

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<v Speaker 2>and powerfully about apartheid.

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<v Speaker 9>What I mean by that is that so the partid

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<v Speaker 9>was not just a social and political and economic system,

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<v Speaker 9>but that it was also a cultural system which inculcated

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<v Speaker 9>in South Africans, both black and white, patterns of behavior,

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<v Speaker 9>ways of thinking. It's side to transform how people saw themselves,

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<v Speaker 9>but also how they saw the world.

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<v Speaker 10>The color question is rapidly increasing in seriousness and urgency.

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<v Speaker 10>I consider a Partheight to be South Africa's lost chance

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<v Speaker 10>to remain a white man's country.

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<v Speaker 2>Apartheid, which means aparthood, began in nineteen forty eight. That

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<v Speaker 2>same year, nineteen forty eight, Elon Musk's mother was born

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<v Speaker 2>in Canada. Her father, jay N. Haldeman, was an ardent

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<v Speaker 2>conservative and anti communist. In nineteen fifty, Haldeman moved his

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<v Speaker 2>family to South Africa. Was there a lot of immigration

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<v Speaker 2>from say North America to South Africa after apartheid was declared?

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<v Speaker 2>I just find that like an odd journey for a

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<v Speaker 2>family to make in nineteen fifty.

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<v Speaker 9>Oh yeah, I think that is quite striking. There is

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<v Speaker 9>this conscious airport and conscious attempt to recruit people to

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<v Speaker 9>South Africa to beef up white numbers to a point

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<v Speaker 9>where blacks would not be such a demographic threat. You know,

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<v Speaker 9>here's a place, you know, with amazing sunshine, great weather,

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<v Speaker 9>and you can actually live like a king or a queen.

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<v Speaker 2>Elon Musk's mother published a memoir in twenty twenty. It's

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<v Speaker 2>called A Woman Makes a Plan Advice for a lifetime

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<v Speaker 2>of adventure, beauty and Success. A lot of the book

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<v Speaker 2>is about growing up in South Africa in the nineteen

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<v Speaker 2>fifties and nineteen sixties. She says her parents were persuaded

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<v Speaker 2>to move there from Canada by missionaries who talked of

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<v Speaker 2>its beauty. Not once does she mention apartheid. Domini says

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<v Speaker 2>that's not unusual that the regime organized itself around acts

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<v Speaker 2>of forgetting and erasure, including pretending the native population somehow

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<v Speaker 2>didn't even exist.

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<v Speaker 9>Unlike in the Americas, right, you know, where the indigenous

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<v Speaker 9>populations were annihilated, the South Afcana Gas is different. The

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<v Speaker 9>vast majority of the population is not annihilated, and whatever

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<v Speaker 9>you have to build has to be built around this

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<v Speaker 9>idea that the natives have not disappeared.

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<v Speaker 2>A resistance movement rose up, led beginning in the nineteen

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<v Speaker 2>sixties by a young lawyer, Nelson Mandela.

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<v Speaker 9>The Africans require the franchise on the basis.

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<v Speaker 2>Of one man, one vote.

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<v Speaker 4>They won political independence.

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<v Speaker 2>Mandela was sent to prison in nineteen sixty two. Meanwhile,

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<v Speaker 2>the resistance grew.

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<v Speaker 5>Radioprio.

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<v Speaker 2>The Boys of the African National Congress, the U and

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<v Speaker 2>General Assembly denounced the apartheid regime in nineteen seventy three.

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<v Speaker 2>Two years later, right about when Elon Musk was starting kindergarten,

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<v Speaker 2>police opened fire on thousands of school children during a

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<v Speaker 2>protest and Soweto were playing.

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<v Speaker 5>In the yard in the school yard and the stituating

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<v Speaker 5>Atrendo in the process.

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<v Speaker 6>Hitting three kids.

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<v Speaker 2>These were black children. White children went to white schools.

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<v Speaker 9>Black people had to pay for their education, but whites didn't.

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<v Speaker 9>Some people were jogging. It was actually socialism for whites

0:14:06.996 --> 0:14:10.196
<v Speaker 9>and capitalism for blacks. Right, That's how a party it

0:14:10.236 --> 0:14:13.836
<v Speaker 9>actually justified itself that you know, we are creating a

0:14:13.996 --> 0:14:16.636
<v Speaker 9>class of successful white people.

0:14:16.956 --> 0:14:20.396
<v Speaker 2>People who ran construction businesses like Eryl Musk. Elon's father

0:14:20.796 --> 0:14:23.156
<v Speaker 2>made a lot of money in the apartheid era, building

0:14:23.276 --> 0:14:26.596
<v Speaker 2>two of everything, one for blacks and one for whites.

0:14:27.316 --> 0:14:29.796
<v Speaker 2>For whites, they built a fantasy.

0:14:29.356 --> 0:14:32.036
<v Speaker 9>World ideologically, I think one of the successes of a

0:14:32.116 --> 0:14:35.476
<v Speaker 9>part daid was in making white South often believe that

0:14:35.596 --> 0:14:39.236
<v Speaker 9>everything they achieved was through individual initiative, and everything that

0:14:39.276 --> 0:14:43.276
<v Speaker 9>they ever got in life was through their own hard work,

0:14:43.636 --> 0:14:45.516
<v Speaker 9>you know, never mind the fact that the system was

0:14:45.556 --> 0:14:48.316
<v Speaker 9>designed to in some ways give them all the benefit

0:14:48.396 --> 0:14:51.396
<v Speaker 9>and to give them all the resources to gether in life.

0:14:51.956 --> 0:14:55.076
<v Speaker 2>It's so interesting because the starkness of that divide, you know,

0:14:55.116 --> 0:15:01.196
<v Speaker 2>the rigidity of the separation, has so many earlier representations

0:15:01.196 --> 0:15:03.156
<v Speaker 2>in the world of science fiction, right, Like so much

0:15:03.196 --> 0:15:06.596
<v Speaker 2>of H. G. Wells's science fiction is about what about

0:15:06.596 --> 0:15:09.916
<v Speaker 2>a terrible, awful future in which we divide people into

0:15:09.956 --> 0:15:11.836
<v Speaker 2>some who will live underground and do all of the

0:15:11.916 --> 0:15:14.076
<v Speaker 2>work for us, and we will never see them, and

0:15:14.116 --> 0:15:16.476
<v Speaker 2>we will pretend they don't even exist, and those of

0:15:16.556 --> 0:15:18.636
<v Speaker 2>us who will live in the skies and in the clouds.

0:15:18.676 --> 0:15:22.356
<v Speaker 2>And to me, sometimes when I think about what Silicon

0:15:22.436 --> 0:15:25.676
<v Speaker 2>Valley is imagining, we will colonize Mars, and some people

0:15:25.716 --> 0:15:28.796
<v Speaker 2>will go there who really need to be relieved of.

0:15:28.796 --> 0:15:30.516
<v Speaker 1>Their experience on Earth.

0:15:31.716 --> 0:15:33.836
<v Speaker 2>I mean, am I off base to say that some

0:15:33.916 --> 0:15:38.996
<v Speaker 2>of that seems to revive these notions of very very

0:15:38.996 --> 0:15:40.156
<v Speaker 2>strict hierarchies.

0:15:40.796 --> 0:15:43.956
<v Speaker 9>I don't think you off based at all, Jill. I mean,

0:15:44.116 --> 0:15:45.956
<v Speaker 9>I think you've put your finger on it. And of

0:15:45.996 --> 0:15:49.076
<v Speaker 9>course we don't want to instrumentalize this and see you know,

0:15:49.156 --> 0:15:51.756
<v Speaker 9>it has just cause an effect. But I think there's

0:15:51.796 --> 0:15:55.316
<v Speaker 9>a strong case to be made for the connection between

0:15:55.516 --> 0:16:01.156
<v Speaker 9>the Sabarti dystopia and this idealized version of a world

0:16:01.196 --> 0:16:04.516
<v Speaker 9>where the elites don't have to share their oxygen with

0:16:05.116 --> 0:16:06.036
<v Speaker 9>lesser beings.

0:16:06.876 --> 0:16:09.556
<v Speaker 2>So I listened to The Hitchhiker's Guide, and I find

0:16:09.596 --> 0:16:11.516
<v Speaker 2>it strange that the Elon Musk is such a fan,

0:16:12.236 --> 0:16:13.956
<v Speaker 2>because a lot of it sounds to me like an

0:16:13.956 --> 0:16:17.556
<v Speaker 2>indictment of people just like him, or like Amazon's Jeff Bezos.

0:16:17.556 --> 0:16:20.956
<v Speaker 2>The mega rich, with their privately owned rockets blasting off

0:16:20.956 --> 0:16:23.196
<v Speaker 2>to other planets.

0:16:22.396 --> 0:16:26.436
<v Speaker 3>And for these extremely rich merchants, life eventually became rather dull,

0:16:26.516 --> 0:16:28.796
<v Speaker 3>and it seemed that none of the worlds they settled

0:16:28.796 --> 0:16:33.516
<v Speaker 3>on was entirely satisfactory. Either the climate wasn't quite right

0:16:33.556 --> 0:16:36.516
<v Speaker 3>in the later part of the afternoon, or the day

0:16:36.676 --> 0:16:39.116
<v Speaker 3>was half an hour too long, or the sea was

0:16:39.516 --> 0:16:43.236
<v Speaker 3>just the wrong shade of pink, and thus where it

0:16:43.316 --> 0:16:47.316
<v Speaker 3>created the conditions for a staggering new form of industry,

0:16:48.316 --> 0:16:50.836
<v Speaker 3>custom made luxury planet building.

0:16:52.556 --> 0:16:56.596
<v Speaker 2>Also hear me out, I think the Hitchhiker's Guide, broadcast

0:16:56.676 --> 0:16:59.196
<v Speaker 2>by the BBC in the nineteen seventies, just when the

0:16:59.236 --> 0:17:04.396
<v Speaker 2>world was condemning apartheid, sounds quite specifically as though it's

0:17:04.436 --> 0:17:08.196
<v Speaker 2>an indictment of apartheid like social and economic systems. And

0:17:08.276 --> 0:17:13.436
<v Speaker 2>I don't think I'm over reading. Douglas Adams wrote Hitchhiker's

0:17:13.476 --> 0:17:16.716
<v Speaker 2>Guide on a Hermes manual typewriter. One key is more

0:17:16.796 --> 0:17:20.556
<v Speaker 2>worn down than the rest, the letter X. And you

0:17:20.596 --> 0:17:23.316
<v Speaker 2>know what was on the side of that typewriter, a sticker.

0:17:23.956 --> 0:17:32.076
<v Speaker 2>It says end apartheid. When Elon Musk started college at

0:17:32.116 --> 0:17:36.356
<v Speaker 2>the University of Pretoria, apartheid was on the verge of collapse.

0:17:36.716 --> 0:17:41.996
<v Speaker 10>Today the mighty off South Africa back and why a

0:17:42.116 --> 0:17:44.516
<v Speaker 10>back up nine has.

0:17:44.476 --> 0:17:47.756
<v Speaker 2>No huge hib By then, in nineteen ninety, when Mandela

0:17:47.876 --> 0:17:51.436
<v Speaker 2>was released after twenty seven years in prison, Elon Musk

0:17:51.476 --> 0:17:54.476
<v Speaker 2>had left South Africa behind to launch his new life

0:17:54.796 --> 0:17:58.796
<v Speaker 2>in North America. After studying at the University of Pretoria,

0:17:59.196 --> 0:18:03.076
<v Speaker 2>Elon Musk traveled to Canada, where his maternal grandfather was from.

0:18:03.556 --> 0:18:05.516
<v Speaker 2>He wanted to get to the United States, but it

0:18:05.556 --> 0:18:08.836
<v Speaker 2>was easier to get a Canadian passport. Having broken with

0:18:08.916 --> 0:18:12.036
<v Speaker 2>his he flew to Montreal with nothing but a backpack,

0:18:12.436 --> 0:18:16.396
<v Speaker 2>then hitchhiked to Saskatchewan, where his grandfather had lived before

0:18:16.436 --> 0:18:19.676
<v Speaker 2>moving the family to South Africa. And it's this grandfather,

0:18:19.876 --> 0:18:22.436
<v Speaker 2>jay N. Haldeman, who I want to look at next,

0:18:22.796 --> 0:18:26.036
<v Speaker 2>because before he left Canada in the nineteen thirties, he'd

0:18:26.076 --> 0:18:29.196
<v Speaker 2>been a leader of a strange sci fi inspired movement

0:18:29.476 --> 0:18:34.556
<v Speaker 2>known as technocracy. It bears an uncanny resemblance to some

0:18:34.636 --> 0:18:39.676
<v Speaker 2>things going on today in Silicon Valley, repackaged as existential

0:18:39.796 --> 0:18:40.996
<v Speaker 2>risk futurism.

0:18:41.556 --> 0:18:45.916
<v Speaker 4>What Technocracy Inc. Is chiefly engaged in now is the

0:18:46.036 --> 0:18:50.716
<v Speaker 4>organization of an army of trained men and women who,

0:18:50.836 --> 0:18:55.076
<v Speaker 4>when the present interference controls break down and the intricate

0:18:55.116 --> 0:18:59.316
<v Speaker 4>machinery of production and distribution is in danger of stopping,

0:18:59.836 --> 0:19:03.396
<v Speaker 4>will be able to prevent that catastrophe before it is

0:19:03.516 --> 0:19:04.036
<v Speaker 4>too late.

0:19:04.756 --> 0:19:08.076
<v Speaker 2>So this sounds like science fiction, but this really happened.

0:19:08.516 --> 0:19:12.476
<v Speaker 2>People in the technocracy movement, they called themselves technocrats, wanted

0:19:12.556 --> 0:19:16.396
<v Speaker 2>engineers and scientists to run governments. They took their inspiration

0:19:16.676 --> 0:19:19.796
<v Speaker 2>from science fiction, where engineers and scientists.

0:19:19.396 --> 0:19:20.676
<v Speaker 1>Were always solving problems.

0:19:21.116 --> 0:19:24.436
<v Speaker 2>They were suspicious of democracy and also of capitalism.

0:19:24.796 --> 0:19:29.396
<v Speaker 4>Biprice system is not meant merely the capitalistic system, which

0:19:29.436 --> 0:19:33.116
<v Speaker 4>is only one variety of the species. It means the

0:19:33.196 --> 0:19:38.196
<v Speaker 4>collapse and complete obsolescence of the entire method of distributing

0:19:38.276 --> 0:19:42.996
<v Speaker 4>goods and services by means of a price. There will

0:19:43.036 --> 0:19:48.236
<v Speaker 4>be no place for politics or politicians finance, so financiers

0:19:48.556 --> 0:19:50.356
<v Speaker 4>rackets are racketeers.

0:19:50.996 --> 0:19:54.676
<v Speaker 2>Grant Weitdoff teaches Digital Humanities and American Studies at Princeton.

0:19:55.116 --> 0:19:57.756
<v Speaker 2>He says the technocracy movement started in New York in

0:19:57.836 --> 0:20:01.316
<v Speaker 2>nineteen nineteen with a guy who ran a floor waxing business.

0:20:01.676 --> 0:20:05.116
<v Speaker 11>His idea was that engineers had these unique qualities that

0:20:05.116 --> 0:20:08.116
<v Speaker 11>would somehow make them good social leaders. They could assess

0:20:08.156 --> 0:20:10.836
<v Speaker 11>a situation from a bou they would come up with

0:20:10.956 --> 0:20:15.956
<v Speaker 11>much more rational or economic solutions than politicians or economic

0:20:16.036 --> 0:20:16.996
<v Speaker 11>leaders would.

0:20:17.556 --> 0:20:19.996
<v Speaker 2>Then, with the stock market crash of nineteen twenty nine

0:20:20.036 --> 0:20:23.236
<v Speaker 2>and the depression that followed, democracies were collapsing all over

0:20:23.316 --> 0:20:26.116
<v Speaker 2>the world. Technocracy really had its moment.

0:20:26.436 --> 0:20:29.916
<v Speaker 11>Local chapters at that point had sprung up everywhere across

0:20:29.956 --> 0:20:33.396
<v Speaker 11>the US and Canada, and each of those chapters start

0:20:33.876 --> 0:20:37.676
<v Speaker 11>putting forward their own competing ideas. There's an invented unit

0:20:37.716 --> 0:20:40.316
<v Speaker 11>of measure called the ERG. This is one solution that

0:20:40.356 --> 0:20:44.036
<v Speaker 11>we replace currency with units of energy, depended on how

0:20:44.116 --> 0:20:47.436
<v Speaker 11>much energy a single worker is capable of producing in

0:20:47.436 --> 0:20:49.796
<v Speaker 11>a given day and how much they should get in

0:20:49.836 --> 0:20:51.356
<v Speaker 11>return for that work.

0:20:51.876 --> 0:20:53.756
<v Speaker 2>As far as I can tell, it's at this point

0:20:53.796 --> 0:20:57.916
<v Speaker 2>that Elon Musk's grandfather got involved with technocracy. He lost

0:20:57.916 --> 0:21:01.196
<v Speaker 2>his farm during the depression and ever after didn't believe

0:21:01.236 --> 0:21:04.116
<v Speaker 2>in banks or banking. A lot of people felt that way,

0:21:04.796 --> 0:21:06.636
<v Speaker 2>and some of them were drawn into the set of

0:21:06.676 --> 0:21:09.756
<v Speaker 2>ideas about a different way of thinking of about money.

0:21:10.156 --> 0:21:12.876
<v Speaker 11>And some of the chapters start doing odd things to

0:21:12.956 --> 0:21:15.076
<v Speaker 11>kind of get their message across. They start wearing these

0:21:15.516 --> 0:21:22.156
<v Speaker 11>identical gray uniforms, driving these gray cars in these large parades,

0:21:22.676 --> 0:21:27.156
<v Speaker 11>blasting speeches out of megaphones. They adopt this yin yang

0:21:27.516 --> 0:21:31.116
<v Speaker 11>symbol on all of their uniforms and all of their signs.

0:21:31.676 --> 0:21:33.636
<v Speaker 2>I'm kind of pulled in two different directions, you know.

0:21:33.716 --> 0:21:38.116
<v Speaker 2>On the one hand, I just think they're nuts. On

0:21:38.396 --> 0:21:40.716
<v Speaker 2>the other hand, it seems to reflect an enormous amount

0:21:40.756 --> 0:21:43.796
<v Speaker 2>of anguish and uncertainty, but it has a kind of

0:21:43.876 --> 0:21:46.836
<v Speaker 2>quasi fascistic feel to be how should we read that?

0:21:47.716 --> 0:21:49.756
<v Speaker 11>Technocracy from the start was caught up in a lot

0:21:49.756 --> 0:21:53.196
<v Speaker 11>of different science fictional imaginarys that it didn't always have

0:21:53.396 --> 0:21:58.556
<v Speaker 11>full perspective on. They want to write themselves into these

0:21:58.596 --> 0:22:03.356
<v Speaker 11>gleaming science fictional futures that they are obsessed with, but

0:22:03.676 --> 0:22:06.476
<v Speaker 11>without actually thinking through what that would mean in practice,

0:22:06.916 --> 0:22:10.316
<v Speaker 11>what it would mean to replace an entire system of government.

0:22:13.036 --> 0:22:13.516
<v Speaker 1>Some of what.

0:22:13.516 --> 0:22:17.756
<v Speaker 2>Elon Musk and other Silicon Valley entrepreneurs now endorse, including

0:22:17.796 --> 0:22:21.276
<v Speaker 2>through DOGE the Department of Government Efficiency, bears more than

0:22:21.276 --> 0:22:26.716
<v Speaker 2>a family likeness to the technocracy movement. Libertarianism, deregulation of

0:22:26.756 --> 0:22:31.316
<v Speaker 2>the economy, faith that technological innovations can solve both political

0:22:31.396 --> 0:22:34.996
<v Speaker 2>and social problems, a critique of paper currency and the

0:22:35.036 --> 0:22:40.716
<v Speaker 2>price system. Also, for some reason, technocrats objected to personal names.

0:22:41.076 --> 0:22:45.756
<v Speaker 2>Musk's grandfather renamed himself one zero four five zero dash

0:22:45.996 --> 0:22:51.036
<v Speaker 2>zero one. Another technocrat called himself one x one eight

0:22:51.156 --> 0:22:54.956
<v Speaker 2>zero nine x five six like one of Elon Musk's

0:22:54.996 --> 0:22:58.476
<v Speaker 2>youngest children, a boy named x ash a twelve or

0:22:59.156 --> 0:23:04.436
<v Speaker 2>X for short. Elon Musk after that year in Saskatchewan

0:23:04.596 --> 0:23:08.556
<v Speaker 2>spent two years at Queen's University in Ontario. Then he

0:23:08.636 --> 0:23:12.316
<v Speaker 2>transferred to the University of Pennsylvania, graduating with degrees in

0:23:12.356 --> 0:23:13.956
<v Speaker 2>economics and physics.

0:23:14.276 --> 0:23:15.996
<v Speaker 1>He spent a summer interning.

0:23:15.596 --> 0:23:19.076
<v Speaker 2>At dot COM's in Silicon Valley, where things were getting wild.

0:23:19.356 --> 0:23:25.756
<v Speaker 2>It was a gold rush. In nineteen ninety five, the

0:23:25.836 --> 0:23:29.036
<v Speaker 2>Internet opened to commercial traffic for the first time. You

0:23:29.076 --> 0:23:33.316
<v Speaker 2>could buy stuff online. But how Musk started a PhD

0:23:33.436 --> 0:23:37.196
<v Speaker 2>program in material science engineering at Stanford but dropped out

0:23:37.276 --> 0:23:40.916
<v Speaker 2>after two days. As he later told CNN, back in.

0:23:40.916 --> 0:23:44.076
<v Speaker 8>Ninety five, there weren't very many people on the Internet,

0:23:44.676 --> 0:23:47.276
<v Speaker 8>and certainly nobody was making any money at all. Most

0:23:47.316 --> 0:23:49.396
<v Speaker 8>people thought the Internet was going to be a.

0:23:49.316 --> 0:23:53.436
<v Speaker 2>Fat Elon Musk started his first company, ZIP two, with

0:23:53.516 --> 0:23:56.316
<v Speaker 2>his brother and a friend. Everyone at the time was

0:23:56.316 --> 0:24:00.236
<v Speaker 2>trying to engage in what was called disruptive innovation, which

0:24:00.276 --> 0:24:04.756
<v Speaker 2>means destroy existing industries by doing things completely differently online.

0:24:05.636 --> 0:24:08.796
<v Speaker 2>Zip too, was a newspaper industry disruptive innovation. It helped

0:24:08.796 --> 0:24:12.956
<v Speaker 2>newspapers make the transition to online publishing, though it also

0:24:12.996 --> 0:24:17.036
<v Speaker 2>contributed to a crisis in journalism, all sorts of people

0:24:17.116 --> 0:24:21.076
<v Speaker 2>founded news aggregators and news feeds. Musk made his first

0:24:21.116 --> 0:24:24.676
<v Speaker 2>fortune in nineteen ninety nine he sold zip to for

0:24:24.796 --> 0:24:26.276
<v Speaker 2>three hundred million dollars.

0:24:26.516 --> 0:24:27.076
<v Speaker 6>Cash.

0:24:27.316 --> 0:24:30.116
<v Speaker 8>Receiving cash is cash. I mean those are just a

0:24:30.196 --> 0:24:31.716
<v Speaker 8>large number of band Franklins.

0:24:31.956 --> 0:24:35.716
<v Speaker 2>He then turned to thinking about online money technocrats. Like

0:24:35.716 --> 0:24:39.756
<v Speaker 2>his grandfather had wanted to abolish the price system, Musk

0:24:39.996 --> 0:24:42.676
<v Speaker 2>wanted to restructure the system of exchange itself.

0:24:43.196 --> 0:24:45.796
<v Speaker 3>This planet has or had a problem, which was this,

0:24:46.556 --> 0:24:48.876
<v Speaker 3>most of the people living on it were unhappy for

0:24:48.916 --> 0:24:52.396
<v Speaker 3>pretty much of the time. Many solutions were suggested for

0:24:52.476 --> 0:24:55.356
<v Speaker 3>this problem, but most of these were largely concerned with

0:24:55.436 --> 0:24:58.676
<v Speaker 3>the movements of small green pieces of paper, which is

0:24:58.716 --> 0:25:01.756
<v Speaker 3>odd because on the whole it wasn't the small green

0:25:01.796 --> 0:25:03.716
<v Speaker 3>pieces of paper that were unhappy.

0:25:04.676 --> 0:25:08.076
<v Speaker 2>In nineteen ninety nine, Musk founded a new company, X

0:25:08.276 --> 0:25:08.876
<v Speaker 2>dot com.

0:25:09.436 --> 0:25:11.156
<v Speaker 8>So this is an ATM, and what we're going to

0:25:11.236 --> 0:25:13.716
<v Speaker 8>do is transform the traditional banking industry.

0:25:14.636 --> 0:25:17.996
<v Speaker 2>Musk put millions of dollars into x dot com. He said,

0:25:18.196 --> 0:25:20.716
<v Speaker 2>selling one business and starting the next was like a

0:25:20.796 --> 0:25:23.476
<v Speaker 2>high stakes poker game. You win a big pot, you

0:25:23.596 --> 0:25:28.156
<v Speaker 2>risk it all all over again. This is called serial entrepreneurship.

0:25:28.596 --> 0:25:31.596
<v Speaker 2>Start it, sell it, raise venture capital to start the

0:25:31.636 --> 0:25:34.676
<v Speaker 2>next thing. Every time you do this, you've got to

0:25:34.676 --> 0:25:38.196
<v Speaker 2>come up with a story, characters, and a plot. Because

0:25:38.236 --> 0:25:41.276
<v Speaker 2>your investors don't have any real metrics, no earnings or profits,

0:25:41.356 --> 0:25:46.316
<v Speaker 2>no prices. Investors are buying your story. A startup doesn't

0:25:46.316 --> 0:25:49.236
<v Speaker 2>actually have to make anything, or do anything, or succeed

0:25:49.276 --> 0:25:52.756
<v Speaker 2>in any measurable way for a venture capitalist to make money.

0:25:52.996 --> 0:25:55.556
<v Speaker 2>That startup just has to sound good enough for someone

0:25:55.556 --> 0:25:58.036
<v Speaker 2>else to invest in it. All it has to do

0:25:58.156 --> 0:26:01.556
<v Speaker 2>is tell a really incredible story, and the more obviously,

0:26:01.596 --> 0:26:04.076
<v Speaker 2>the story comes straight out of the pages of science fiction.

0:26:04.716 --> 0:26:05.436
<v Speaker 8>The better.

0:26:08.596 --> 0:26:11.476
<v Speaker 2>X dot com described itself as an online bank, but

0:26:11.596 --> 0:26:14.516
<v Speaker 2>its founders soon discovered that people mostly wanted to use

0:26:14.556 --> 0:26:18.356
<v Speaker 2>it as an online payment system. Meanwhile, Peter Teal had

0:26:18.356 --> 0:26:22.556
<v Speaker 2>started a company called Confinity that could send payments between devices.

0:26:24.276 --> 0:26:27.916
<v Speaker 2>Teal worked as a securities lawyer before helping to found Confinity.

0:26:28.436 --> 0:26:30.636
<v Speaker 2>In nineteen ninety nine, the company launched.

0:26:30.316 --> 0:26:31.916
<v Speaker 1>A service it called PayPal.

0:26:32.516 --> 0:26:34.996
<v Speaker 2>If people were going to buy things online, they needed

0:26:35.036 --> 0:26:37.556
<v Speaker 2>to be able to pay for things online. As Teal

0:26:37.636 --> 0:26:42.076
<v Speaker 2>saw it, they were reinventing money. In two thousand confinityan

0:26:42.356 --> 0:26:46.036
<v Speaker 2>X dot Com merged. One thing Musk regrets is that

0:26:46.076 --> 0:26:52.156
<v Speaker 2>the company's product got called PayPal instead of X. The

0:26:52.156 --> 0:26:55.356
<v Speaker 2>founders of these companies became known as the PayPal Mafia

0:26:55.916 --> 0:26:58.436
<v Speaker 2>because they made staggering sums of money when PayPal went

0:26:58.476 --> 0:27:01.076
<v Speaker 2>public in two thousand and two and was later bought

0:27:01.156 --> 0:27:03.676
<v Speaker 2>by eBay, and then they went on to found their

0:27:03.716 --> 0:27:08.516
<v Speaker 2>own venture capital companies, funding other startups, including YouTube and Facebook.

0:27:09.356 --> 0:27:11.476
<v Speaker 2>X Capitalism was born.

0:27:15.756 --> 0:27:16.036
<v Speaker 6>Later.

0:27:16.356 --> 0:27:20.476
<v Speaker 2>Musk, nostalgic about this time in his life, reacquired the

0:27:20.476 --> 0:27:23.916
<v Speaker 2>domain X dot com. For a long time, there was

0:27:23.956 --> 0:27:26.836
<v Speaker 2>just a little X there on a blank page because

0:27:26.836 --> 0:27:29.436
<v Speaker 2>the only thing in the source code was the letter X.

0:27:30.116 --> 0:27:33.196
<v Speaker 2>Who was just waiting there when in twenty twenty two,

0:27:33.796 --> 0:27:39.516
<v Speaker 2>Musk bought Twitter and renamed it X. But we're skipping

0:27:39.556 --> 0:27:42.876
<v Speaker 2>ahead back in two thousand and two. Once Musk had

0:27:42.876 --> 0:27:46.356
<v Speaker 2>his PayPal fortune, he mostly used that money not to

0:27:46.356 --> 0:27:49.036
<v Speaker 2>fund other people's ventures, but to start a company of

0:27:49.076 --> 0:27:53.236
<v Speaker 2>his own, a rocket company, and for that he.

0:27:53.156 --> 0:27:55.836
<v Speaker 1>Needed a new origin story.

0:27:59.116 --> 0:28:02.596
<v Speaker 2>Next time on X men blasting off to Mars with

0:28:02.876 --> 0:28:03.636
<v Speaker 2>SpaceX