WEBVTT - Launching Grok, Fighting Fain 0:00:00.160 --> 0:00:03.520 Elon Muskee is on most days, the richest person on Earth. 0:00:03.800 --> 0:00:06.280 He's the co founder and or head of no fewer 0:00:06.320 --> 0:00:11.240 than six companies Tesla, SpaceX, Boring, neurlink X, and Xai. 0:00:11.960 --> 0:00:15.120 Of course, he also co founded PayPal. He employs more 0:00:15.120 --> 0:00:18.119 than one hundred thousand people working on technologies that impact 0:00:18.120 --> 0:00:20.720 our day to day lives and could usher in our future. 0:00:21.360 --> 0:00:25.040 His influence, whether it's in space, social media, the automotive industry, 0:00:25.160 --> 0:00:30.040 or increasingly in geopolitics, is vast. Every day Elon is 0:00:30.080 --> 0:00:32.839 making headlines, and so it can be hard to keep 0:00:32.920 --> 0:00:36.360 up with the onslaught to help you figure out what matters, 0:00:36.440 --> 0:00:38.919 we have assembled a panel of Bloomberg experts on all 0:00:38.960 --> 0:00:42.720 things Elon to discuss and sometimes to argue about what 0:00:42.760 --> 0:00:43.760 he's doing in the world. 0:00:47.000 --> 0:00:49.920 Well, Elon Musk is now the richest person on the planet. 0:00:50.240 --> 0:00:53.080 More than half the satellites in space are owned and 0:00:53.159 --> 0:00:55.320 controlled by one man. 0:00:55.480 --> 0:00:58.200 Starting his own artificial intelligence company. 0:00:58.400 --> 0:00:59.960 Well, he's a legitimate super gene. 0:01:00.840 --> 0:01:01.400 Legitimate. 0:01:01.600 --> 0:01:01.960 He says. 0:01:01.960 --> 0:01:04.560 He's always voted for Democrats, but this year it will 0:01:04.600 --> 0:01:05.039 be different. 0:01:05.080 --> 0:01:06.039 He'll vote Republican. 0:01:06.280 --> 0:01:08.800 There is a reason the US government is so reliant 0:01:08.840 --> 0:01:09.200 on him. 0:01:09.400 --> 0:01:13.000 Alon Musk is a scam artist and he's done nothing. 0:01:13.600 --> 0:01:16.360 Anything he does, he's fascinating the people. 0:01:26.400 --> 0:01:29.679 Hello and welcome to the inaugural episode of Elon Inc. 0:01:30.120 --> 0:01:33.520 My name is David Papadopoulos. This is a brand new 0:01:33.520 --> 0:01:36.880 weekly podcast that will dissect the biggest stories about one 0:01:36.880 --> 0:01:41.280 of the world's most powerful and polarizing men. This week, 0:01:41.319 --> 0:01:43.800 we'll start with AI. In the last few days, Musk 0:01:43.880 --> 0:01:46.800 sat down with UK Prime Minister Rishi Sunak to discuss 0:01:46.840 --> 0:01:50.800 the opportunities and risks AI brings, and he rolled out 0:01:50.840 --> 0:01:56.200 GROC his answer to AI Internet sensation chat GBT. Meanwhile, 0:01:56.360 --> 0:01:59.160 other pieces of his empire are demanding his attention. As 0:01:59.240 --> 0:02:02.840 is the usual, the United Auto Workers union president set 0:02:02.840 --> 0:02:05.680 his sits on Tesla just days after scoring an historic 0:02:05.680 --> 0:02:09.040 payhike for workers in Detroit. The billionaire could face his 0:02:09.120 --> 0:02:12.399 most serious labor fight yet. To discuss this and more, 0:02:12.440 --> 0:02:15.160 we brought in Sarah Fryar, who oversees our coverage of 0:02:15.200 --> 0:02:20.280 the biggest companies in Silicon Valley. Hello, Hello, Sarah. Dana Hall, 0:02:20.320 --> 0:02:22.720 who began covering Tesla for us when the stock was 0:02:22.760 --> 0:02:25.920 worth less than one tenth of what it is today. Dana, 0:02:26.200 --> 0:02:31.239 good morning, and Max Chafkin, reporter, editor and troublemaker at 0:02:31.240 --> 0:02:36.440 Bloomberg Business Week. Hey, Hey, so we're going to start 0:02:36.520 --> 0:02:40.160 indeed with XAI, and we're going to start with. 0:02:40.240 --> 0:02:40.799 You, Sarah. 0:02:41.080 --> 0:02:44.200 What does GROC do and Visa VI all the rivals 0:02:44.200 --> 0:02:47.200 in the market today, how does it stack up any idea? 0:02:47.760 --> 0:02:50.160 Well, first of all, first thing you need to know 0:02:50.200 --> 0:02:53.040 about GROC is none of the media has had an 0:02:53.040 --> 0:02:56.000 opportunity to test this thing. It is yet another chat 0:02:56.000 --> 0:02:59.520 bot in the mix, much like chat Gibt or Bart 0:02:59.560 --> 0:03:03.920 or any of the others. And this top selling point 0:03:04.240 --> 0:03:08.360 is that it is it is supposed to be snarky, irreverent, funny. 0:03:08.480 --> 0:03:13.080 Elon Musk posted on x formerly known as Twitter where 0:03:13.080 --> 0:03:16.959 he asked the chatbot how to make cocaine and he 0:03:17.080 --> 0:03:22.400 responded with, you know, a joking set of instruction. 0:03:22.520 --> 0:03:23.320 It was a good answer though. 0:03:23.360 --> 0:03:27.440 It was a good answer, So that's kind of the vibe. 0:03:27.560 --> 0:03:32.440 And I think it's important to know that this is 0:03:33.000 --> 0:03:38.400 deeply integrated with x the social media platform, but it 0:03:38.480 --> 0:03:41.600 is not part of x It is a separate company, XAI, 0:03:42.320 --> 0:03:48.400 and this partnership provides the top selling point for this chatbot, 0:03:48.440 --> 0:03:50.600 which is that it will be trained on real time 0:03:50.720 --> 0:03:52.880 Twitter data sorry X data. 0:03:53.080 --> 0:03:55.920 Yeah, so yeah, they they You know, I heard Musk 0:03:56.320 --> 0:04:00.200 spinning that as something that really will separate it from rivals, is. 0:04:00.200 --> 0:04:03.000 That it will absolutely separate it from rivals to have 0:04:03.040 --> 0:04:06.480 that real time information. However, that is also the scary 0:04:06.520 --> 0:04:10.560 thing because as we know, X can be accessible sometimes. 0:04:10.200 --> 0:04:12.640 You know, Max. One of the things that jumps out 0:04:12.680 --> 0:04:15.800 at me a little bit is when you look at 0:04:16.080 --> 0:04:19.720 the stock market in twenty twenty three and what's're driving 0:04:20.200 --> 0:04:24.560 all the gains in the stock market, It has largely 0:04:24.680 --> 0:04:28.480 largely been AI. Right by one crewde measurement, AI has 0:04:28.480 --> 0:04:31.520 added twenty percentage points to the Nasdaq's rally this year. 0:04:31.960 --> 0:04:34.440 Seen another way, you take Microsoft in the video two 0:04:34.600 --> 0:04:37.080 leaders in AI or the two leaders in A, and 0:04:37.120 --> 0:04:39.400 they've contributed more to the gains in the S and 0:04:39.440 --> 0:04:43.240 P five hundred than any other stock by orders of magnitude. 0:04:43.720 --> 0:04:49.560 So I'm wondering, is he rushing grocout now, perhaps before 0:04:49.600 --> 0:04:52.279 it's ready to try to tap into this storyline? 0:04:52.600 --> 0:04:56.679 Obviously, Yes, he is obviously rushing grocout before it's ready. 0:04:56.960 --> 0:05:01.000 The press release slash website that they put up notes 0:05:01.080 --> 0:05:03.559 that they've only had something like two months of work 0:05:03.680 --> 0:05:07.480 on this thing. They've they've they just started this company 0:05:07.760 --> 0:05:11.080 really in the past few months. The website lists a 0:05:11.080 --> 0:05:14.920 lot of like very detailed technical information about grock. It 0:05:15.240 --> 0:05:17.679 claims that there's certain certain benchmarks it's sort of holding 0:05:17.760 --> 0:05:21.920 up well against, like the Facebook version of chat GPT, 0:05:22.200 --> 0:05:25.560 but maybe a little behind GPT four, which is like 0:05:25.600 --> 0:05:28.880 the most up to date version of the best one 0:05:28.880 --> 0:05:30.719 of these models. The port of thing to keep in 0:05:30.760 --> 0:05:34.840 mind is like this as until people start actually using this, 0:05:35.080 --> 0:05:37.360 I think it's worth like thinking about this as vaporware 0:05:37.600 --> 0:05:39.640 or not even taking it seriously as a real product. 0:05:39.839 --> 0:05:44.000 The one tangible outcome of grock right now is that 0:05:44.040 --> 0:05:48.560 it is the reason the only reason to buy X 0:05:48.640 --> 0:05:52.560 Premium Plus, because it is only available through X Premium Plus. 0:05:52.640 --> 0:05:58.280 So as a little background, there are some some tiers of. 0:05:58.240 --> 0:06:00.920 Subscription for X, which is a new thing. 0:06:00.800 --> 0:06:03.720 Which is a new thing this just started. It used 0:06:03.720 --> 0:06:05.960 to just be that there was a one premium tier, 0:06:06.000 --> 0:06:08.559 but now there are three. In the top tier gives 0:06:08.560 --> 0:06:12.120 you access to this chatbot when it comes out of beta. 0:06:12.160 --> 0:06:14.520 We don't know when that will happen, but that is 0:06:14.720 --> 0:06:17.719 that is one reason people are spending sixteen dollars a month, 0:06:17.839 --> 0:06:19.679 or you know, if you're buying from the app. 0:06:19.880 --> 0:06:21.680 So serah, fright, is this going to be the thing? 0:06:21.800 --> 0:06:23.880 Is this a silver bullet for X? X has been 0:06:23.920 --> 0:06:26.480 obviously struggling. It's a well known story from the moment 0:06:26.520 --> 0:06:30.760 that that Musk purchased it a year ago. Does this 0:06:30.839 --> 0:06:31.800 help X? 0:06:32.040 --> 0:06:34.320 I mean every little bit helps that they're so desperate 0:06:34.320 --> 0:06:37.159 they're trying to like sell user names for money for 0:06:37.320 --> 0:06:40.599 like a few tons of thousands of dollars. I think 0:06:41.000 --> 0:06:42.880 you know this is this is a company that has 0:06:42.960 --> 0:06:48.440 lost more than sixty percent of its advertiser revenue. They 0:06:48.480 --> 0:06:52.599 have had a drop in users. They're struggling, they have 0:06:52.920 --> 0:06:56.880 mountains of debt to repay to banks, and this is 0:06:57.320 --> 0:07:01.679 a way to give people something tangible to buy. 0:07:02.160 --> 0:07:07.760 So, Dana, he's got Xai, an ai company, and it's 0:07:07.920 --> 0:07:11.920 and and it's very interrelated with X. But then of 0:07:12.000 --> 0:07:14.440 course he's got Tesla, where he's got a whole nother 0:07:14.960 --> 0:07:17.840 artificial intelligence thing going on, and that is truly like 0:07:17.880 --> 0:07:21.440 the crown jewel of his artificial intelligence. 0:07:21.360 --> 0:07:24.080 Right right, And to Max's point, he's always trying to 0:07:24.400 --> 0:07:27.200 position Tesla as being at the vanguard of what's next. So, 0:07:27.280 --> 0:07:30.120 back in twenty twenty one, on an earnings call, Musk said, 0:07:30.120 --> 0:07:32.640 and this is a direct quote, I think long term 0:07:32.760 --> 0:07:35.559 people will think of Tesla as much as an AI 0:07:35.680 --> 0:07:38.240 and robotics company as we are a car company or 0:07:38.280 --> 0:07:41.520 an energy company. And so you know, he's part like 0:07:41.520 --> 0:07:44.520 Tesla's part of the Magnificent seven because they're using AI 0:07:44.800 --> 0:07:45.560 and nermalness. 0:07:45.800 --> 0:07:48.040 Are we gonna We're gonna use a magnificent seven term? 0:07:48.160 --> 0:07:50.360 What is that? It's a bloomberg. 0:07:51.680 --> 0:07:54.800 It's the seven most magnificent stocks in the world. 0:07:55.240 --> 0:07:57.200 Oh, I thought that was like a finance thing that 0:07:57.240 --> 0:07:59.600 everyone knew. It's like, it's like the top seven companies 0:07:59.640 --> 0:08:02.000 in the It's like the Nvidia, it's like the AI company. 0:08:02.120 --> 0:08:05.360 By the way, it's four here, a magnificent four. Yeah, 0:08:05.520 --> 0:08:07.920 but in any of it. Right, So he's positioning it 0:08:07.960 --> 0:08:10.880 as it's not just right, it certainly not just about 0:08:11.400 --> 0:08:14.360 the hardware and the but we are an AI company. 0:08:14.480 --> 0:08:17.560 Well, right, so electric vehicles are becoming mainstream, how does 0:08:17.600 --> 0:08:20.480 Tesla differentiate itself. Well, we don't just make electric cars. 0:08:20.480 --> 0:08:22.800 We make electric cars that can drive themselves. Not really 0:08:22.840 --> 0:08:25.600 like they've never actually accomplished that, but they are using 0:08:25.640 --> 0:08:28.400 AI to train the cars to try to try to 0:08:28.480 --> 0:08:32.560 drive themselves. And so that's like a big promise of 0:08:32.679 --> 0:08:35.400 Tesla's valuation right now is that they're not just a 0:08:35.400 --> 0:08:37.959 car company, They're an AI company. And that's the drum 0:08:38.000 --> 0:08:41.880 that Elon has been beating for years now. 0:08:45.320 --> 0:08:48.120 Mentioned at the beginning that when you first started covering Tesla, 0:08:48.200 --> 0:08:50.760 it was worth a tiny fraction of what it is today. Indeed, 0:08:50.800 --> 0:08:52.840 a lot of that great valuation. I don't know the 0:08:52.840 --> 0:08:54.240 exact number off the top of my head, but I 0:08:54.240 --> 0:08:57.120 think it's worth something around eight hundred billion dollars. A 0:08:57.160 --> 0:08:59.760 lot of that is that whole AI play that value, right, 0:08:59.760 --> 0:09:02.760 that's sense that down the road AI and what it 0:09:02.800 --> 0:09:05.600 does in terms of autonomous driving and all that is 0:09:05.679 --> 0:09:08.200 going to make this company hoodles and noodles and money. 0:09:08.280 --> 0:09:11.439 Yeah, and they're using the same system to train optimists 0:09:11.440 --> 0:09:14.320 the robot, which is the robot that is eventually going 0:09:14.360 --> 0:09:16.800 to replace the factory workers. But I think, you know, 0:09:16.840 --> 0:09:19.120 back to the point of X dot AI, like max, 0:09:19.200 --> 0:09:21.040 is it even a real company? Like do we even 0:09:21.080 --> 0:09:22.360 know how many people work at this? 0:09:24.280 --> 0:09:26.800 I mean, okay, he does silly stuff. He makes a 0:09:26.800 --> 0:09:29.280 fool of himself, very easy to make fun of him 0:09:30.000 --> 0:09:33.640 for the stuff he tweets or posts or whatever. That said, 0:09:33.920 --> 0:09:37.920 the guy has a lot of respect from scientists and engineers, 0:09:37.960 --> 0:09:40.040 and there are real AI engineers who have who have 0:09:40.080 --> 0:09:43.400 signed up to work at this thing. That said, what 0:09:43.559 --> 0:09:46.640 David described and what Sarah was describing earlier about the 0:09:46.720 --> 0:09:50.440 company does not make like a ton of sense. So 0:09:50.920 --> 0:09:54.760 large language models depend on like truth. And that's why, 0:09:54.920 --> 0:09:57.480 like open AI when it was like figuring out how 0:09:57.480 --> 0:10:02.080 to build its model, it's scanning books, Encyclopa, Wikipedia, stuff 0:10:02.080 --> 0:10:04.360 that has a lot of eyeballs on it and is 0:10:04.400 --> 0:10:07.200 like known to be true. Because large language models, even 0:10:07.240 --> 0:10:10.760 when they're based on stuff that's true, make stuff up Twitter. 0:10:11.240 --> 0:10:14.840 If anybody's been using x over the past few months, 0:10:14.920 --> 0:10:18.720 you know, during the you know, conflict in Israel, during 0:10:18.760 --> 0:10:22.480 the war in Ukraine and so on, it's it's full 0:10:22.520 --> 0:10:25.080 of crap. It's full of stuff that is false or 0:10:25.120 --> 0:10:28.240 made up or exaggerated or whatever, and it's gotten worse 0:10:28.280 --> 0:10:29.880 and worse. It's not the kind of thing you want 0:10:29.880 --> 0:10:33.280 to build a model on. The second thing is these 0:10:33.400 --> 0:10:36.400 open AI and so on, they cannot do current information. 0:10:36.520 --> 0:10:38.560 The reason they can't do current information is because you 0:10:38.600 --> 0:10:42.680 can't retrain your model constantly. It costs a huge amount 0:10:42.679 --> 0:10:46.400 of money to retrain these models. So the ambition to 0:10:46.480 --> 0:10:49.120 make this this groc or gronk or whatever, it's going 0:10:49.200 --> 0:10:53.160 to be grock to make it like up to date 0:10:53.240 --> 0:10:56.000 with tweets and stuff. If that were to come to pass, 0:10:56.080 --> 0:10:58.360 it would cost a fortune. It would cost even more. 0:10:58.360 --> 0:11:01.360 Open AI, the best of these companies is losing huge 0:11:01.400 --> 0:11:03.920 sums of money. If Elon Musk is able to do this, 0:11:04.000 --> 0:11:06.640 it will be very, very expensive. You know, it might 0:11:06.679 --> 0:11:10.199 actually draw people to X super plus premium or whatever 0:11:10.320 --> 0:11:13.360 whatever this like high end version is ex premium plus. 0:11:13.440 --> 0:11:15.800 Is that it? But it's gonna cost way more than 0:11:15.800 --> 0:11:16.719 twenty two dollars a month. 0:11:16.760 --> 0:11:18.720 But it is a thought there that you're losing money now, 0:11:18.760 --> 0:11:21.720 but you're you know, volume, and you're scaling, and that 0:11:21.800 --> 0:11:22.520 down the road. 0:11:22.440 --> 0:11:24.679 Races are going to come up in theory, right people, 0:11:24.800 --> 0:11:27.040 Microsoft and these big companies are able to extract value 0:11:27.040 --> 0:11:27.200 of it. 0:11:27.280 --> 0:11:31.520 But has losing money ever been something that Musk worries 0:11:31.559 --> 0:11:35.080 about when he's building something new? I mean, I this 0:11:35.080 --> 0:11:37.400 this you can also I always think, you know, with 0:11:37.480 --> 0:11:39.920 must we have to think about as his psychology, there's 0:11:39.960 --> 0:11:44.720 a lot of history here. He was the the person 0:11:44.760 --> 0:11:48.160 who started open ai alongside Sam Altman, back when it 0:11:48.240 --> 0:11:52.280 was supposedly a nonprofit. He gave tens of millions of 0:11:52.320 --> 0:11:56.000 dollars to the cause. He was quite concerned or something. 0:11:56.480 --> 0:11:59.200 Isn't he the artificial general. 0:11:59.080 --> 0:12:01.000 Right in general, Sarah. Isn't he been one of the 0:12:01.040 --> 0:12:03.320 biggest voices out there saying warning of the of the 0:12:03.400 --> 0:12:03.960 dangers of. 0:12:04.000 --> 0:12:07.559 About to say He's talked to world leaders about that recently. 0:12:07.640 --> 0:12:12.760 You know, he he's concerned about AI, you know, replacing 0:12:12.840 --> 0:12:16.120 human consciousness. He he is on a mission to preserve 0:12:16.200 --> 0:12:19.880 human consciousness. That's that's maybe the reason he backed into 0:12:20.000 --> 0:12:22.960 for why he bought Twitter. Whether or not that was 0:12:23.840 --> 0:12:25.400 that's something he came up with after the fact, I 0:12:25.440 --> 0:12:27.760 don't know. But but there's a there's a lot of 0:12:27.960 --> 0:12:31.720 a lot of existing tension between him and Sam Altman, 0:12:31.760 --> 0:12:36.880 who's now the leader of open AI. Open Ai just 0:12:36.960 --> 0:12:39.480 had its demo day, like a couple of days after 0:12:40.640 --> 0:12:44.679 Musk released Rock. So I think there's some some competitive 0:12:45.000 --> 0:12:46.040 landscape that we're playing. 0:12:46.120 --> 0:12:48.480 Oh, Elon is totally competitive, he'd like and he's got 0:12:48.520 --> 0:12:50.240 to be. He's got to be. He's got to be 0:12:50.240 --> 0:12:52.080 in the arena, you know, like it's not enough to 0:12:52.080 --> 0:12:54.319 do cars and rockets. If AI is the hot new thing, 0:12:54.440 --> 0:12:55.880 he's got to be in there. And if there's like 0:12:55.960 --> 0:12:58.800 personal history, he's going to go for the jugular. And 0:12:58.800 --> 0:12:59.880 they've been training barbs. 0:13:00.440 --> 0:13:03.040 Yeah. And to answer your question, like, it's the same 0:13:03.080 --> 0:13:07.600 as with autopilot, right the Tesla. Tesla's full self driving 0:13:07.679 --> 0:13:10.400 capabilities do not The Tesla does not drive itself without 0:13:10.440 --> 0:13:13.640 a human yet. But the plan, obviously, if you're a 0:13:13.640 --> 0:13:15.560 bull and you really believe in the stock, is that 0:13:15.640 --> 0:13:17.720 you know, in the long run, this company is going 0:13:17.760 --> 0:13:21.280 to replace essentially all of transportation. We're all gonna, you know, 0:13:21.559 --> 0:13:24.600 have robotic Tesla's driving us around. It's going to completely 0:13:24.800 --> 0:13:27.920 reimagine the world. Same thing here, right, like Elon Musk's 0:13:28.000 --> 0:13:30.760 stated goal, and to some extent, I think the goal 0:13:30.880 --> 0:13:32.800 of the venture capitalists and so on who are backing 0:13:32.880 --> 0:13:37.120 similar companies is artificial general intelligence, Like we can we'll 0:13:37.160 --> 0:13:39.559 have software that you know, can solve any problem for us. 0:13:39.600 --> 0:13:43.240 I think there are really good reasons to be skeptical 0:13:43.760 --> 0:13:47.559 both of you know, the immediate prospects of artificial general intelligence, 0:13:47.559 --> 0:13:50.360 even the long term ones as well, as the prospects 0:13:50.360 --> 0:13:54.119 of like full self driving, like both of these things closer. 0:13:53.880 --> 0:13:56.599 Than they're warning us about the future of AI, and 0:13:57.559 --> 0:14:00.600 Musk was among the leaders that call for a pause 0:14:00.640 --> 0:14:04.199 and development for ethical reasons. Are also the ones that 0:14:04.600 --> 0:14:05.760 are saying, hey, trust me. 0:14:06.000 --> 0:14:08.000 So sir, he it was just six months ago that 0:14:08.040 --> 0:14:10.600 he called for that pause, and then he launches this. 0:14:10.760 --> 0:14:12.680 But I guess what is his argument, Well, I called 0:14:12.679 --> 0:14:14.600 for a pause, No one listened to the pause, so 0:14:14.720 --> 0:14:15.200 the hell with it? 0:14:15.200 --> 0:14:17.240 Will Wall Well, just like signed a letter, Like he 0:14:17.320 --> 0:14:19.760 just was a signatory on a letter about a pause 0:14:19.920 --> 0:14:21.720 while he was building his own company, Like give me 0:14:21.720 --> 0:14:22.000 a break. 0:14:22.080 --> 0:14:24.080 I mean, also the pause stuff, I think it's worth 0:14:24.160 --> 0:14:27.080 like taking all that with some skepticism just because like 0:14:27.280 --> 0:14:30.280 it's amazing marketing. Like I think this is true with Elon, 0:14:30.400 --> 0:14:32.880 this is true with Sam Altman's true with all these guys. 0:14:33.440 --> 0:14:36.040 If you're like, you're like, this technology is so dangerous 0:14:36.200 --> 0:14:38.480 it could eventually like take over the world, and you 0:14:38.520 --> 0:14:40.320 can have it for yourself for only twenty two dollars 0:14:40.360 --> 0:14:44.680 a month, it's a really powerful enticement if you're trying 0:14:44.680 --> 0:14:47.720 to sign people up for a technology where the use 0:14:47.760 --> 0:14:50.920 cases are not totally clear, Like beyond making funny posts 0:14:50.960 --> 0:14:52.480 on social media, it also makes. 0:14:52.360 --> 0:14:56.840 It seem inevitable, right, and all these ethical concerns, misinformation concerns, 0:14:56.880 --> 0:14:59.840 things that are wrapped into aire are just you know, 0:15:00.160 --> 0:15:02.640 going to happen no matter what, and they're everyone's problem 0:15:02.720 --> 0:15:05.680 and that takes accountability away from the people who are 0:15:05.720 --> 0:15:06.720 building in so Sarah. 0:15:06.800 --> 0:15:10.080 So he also recently sat down with Rishi Suak, the 0:15:10.160 --> 0:15:13.200 Prime Minister of the UK, to discuss AI. How did 0:15:13.240 --> 0:15:17.640 that conversation go? What did did we learn anything new 0:15:17.720 --> 0:15:19.280 from this from this long sit down. 0:15:19.120 --> 0:15:22.160 With Well, it was great for Elon. I think. I 0:15:22.160 --> 0:15:23.200 think Sunek. 0:15:22.960 --> 0:15:28.440 Was was quite excited for the opportunity, as some people 0:15:28.480 --> 0:15:31.560 are when they're in Elon's orbit. I think you got 0:15:31.600 --> 0:15:34.120 to keep them close and and you never know when. 0:15:35.280 --> 0:15:38.560 The fun thing about Elon Musk is he's involved in geopolitics, 0:15:38.560 --> 0:15:42.560 He's involved in in every industry and so love him 0:15:42.640 --> 0:15:44.240 or hate him, you got to be friends with him 0:15:44.400 --> 0:15:47.160 in some respects. I thought it was really interesting he 0:15:48.640 --> 0:15:51.200 who knows what he truly believes here, but he said 0:15:51.240 --> 0:15:55.160 that that eventually jobs won't be necessary. 0:15:54.760 --> 0:15:57.800 Will come a point where no job is needed. 0:15:58.000 --> 0:15:59.520 You can have a job if you want to have 0:15:59.560 --> 0:16:03.760 a job for sort of personal satisfaction. But the AI 0:16:03.880 --> 0:16:06.280 will be able to do everything, we won't have jobs. 0:16:06.800 --> 0:16:12.560 He praised Sunak for involving China in the in the 0:16:12.640 --> 0:16:15.760 AI Future conference, said that, you know, we need to 0:16:15.920 --> 0:16:18.920 be thinking about their role here too. But yeah, I 0:16:18.920 --> 0:16:21.280 think I think, you know, he's been doing this sort 0:16:21.320 --> 0:16:23.800 of world tour. I think that he wishes. 0:16:23.880 --> 0:16:28.800 But he recently met with Israel, Israel's Prime Minister BB yeah. 0:16:28.640 --> 0:16:32.320 Before the conflicts, met with from Turkey. It's a long 0:16:32.400 --> 0:16:34.880 long He was part of the panel, the Schumer AI panel, 0:16:34.960 --> 0:16:38.000 and and I think, I think honestly he wishes he 0:16:38.080 --> 0:16:42.400 had the same reverence from Joe Biden. I think that 0:16:42.400 --> 0:16:44.800 that is. That is one takeaway that I heard from 0:16:44.840 --> 0:16:47.320 a lot of the Elon fans like oh Man, I wish, 0:16:47.440 --> 0:16:49.880 I wish Joe Biden looked at Elon musks the way. 0:16:51.160 --> 0:16:54.000 All right, So so before we before we talk unions 0:16:54.000 --> 0:16:56.680 and cars in a second, I want one last question 0:16:56.720 --> 0:16:58.880 on this, which is for you Max. So the Labor 0:16:58.920 --> 0:17:02.840 Party in England hasn't has indeed been on Rishi Sunac's 0:17:02.920 --> 0:17:06.199 case for saying how that he was so diffusive in 0:17:06.240 --> 0:17:08.560 his praise and excited to be there. It seemed like 0:17:08.600 --> 0:17:12.639 he was angling for his next job post Primier Prime 0:17:12.680 --> 0:17:14.800 Prime ministership. So I guess it would basically like keep 0:17:15.040 --> 0:17:17.920 trying to be pulling a Yacharino as it were, right 0:17:17.960 --> 0:17:22.119 where you were, Linda Yacharina, where you interview Musk en 0:17:22.160 --> 0:17:22.720 route to landing. 0:17:23.880 --> 0:17:26.679 He's the CEO of x Ovax now after. 0:17:26.480 --> 0:17:30.400 She had interviewed Musk on stage a few months back. 0:17:30.440 --> 0:17:33.280 So if he pulls this off, Max, what job does 0:17:33.320 --> 0:17:34.440 Elon Musk give Rihi? 0:17:35.000 --> 0:17:37.440 Well, first of all, he should call Linda Yakarino before 0:17:37.560 --> 0:17:39.800 he you know, follows through with this plan, because like 0:17:40.119 --> 0:17:43.680 I know, officially, Linda Yacharino is really excited about sports 0:17:43.720 --> 0:17:46.560 on Twitter and is really excited about everything about x 0:17:46.640 --> 0:17:47.080 and everything. 0:17:47.119 --> 0:17:50.200 But there is a job he loves everything. 0:17:50.240 --> 0:17:52.399 This is not a good job. And and so Rishi, 0:17:52.480 --> 0:17:55.239 if you're listening, uh, just I want you to think 0:17:55.280 --> 0:17:59.159 about it carefully. That said, I think the boring company, Uh, 0:17:59.720 --> 0:18:02.760 you know, Elon Musk is not gonna You're not gonna. 0:18:02.760 --> 0:18:04.920 You're not talking one of the primo jobs. I'd say 0:18:04.920 --> 0:18:06.639 in that Elon vers you're talking about sort of a 0:18:07.000 --> 0:18:09.919 lower level drop. Then again, he was a chief executive, 0:18:09.960 --> 0:18:12.560 so I think a CEO route role would be, uh, 0:18:12.680 --> 0:18:16.160 would be appropriate. So I'm going boring, but also tunnels 0:18:16.240 --> 0:18:19.800 infrastructure kind of kind of in line with for someone 0:18:19.800 --> 0:18:23.000 who has a tunnel, right, Yeah, there's a tunnel. 0:18:23.080 --> 0:18:24.840 A channel, A very nice I like that. I think 0:18:24.840 --> 0:18:26.639 that's a good call. That's that's one to watch. We 0:18:26.680 --> 0:18:29.080 will we will keep an eye on on that going forward. 0:18:34.000 --> 0:18:38.720 Welcome back, Okay, So Dana on the home front, Musk 0:18:38.800 --> 0:18:42.960 has an issue looming on the horizon, which is uh, 0:18:43.240 --> 0:18:45.359 the fact that Sean Fain, the leader of the u 0:18:45.440 --> 0:18:50.480 a W the United Auto Workers, has targeted Tesla and 0:18:50.560 --> 0:18:53.720 said he's coming for Tesla. After scoring historic gains wage 0:18:53.720 --> 0:18:56.399 games for auto workers at four General Motors and Stilantis, 0:18:56.960 --> 0:18:59.600 he says he's coming for Tesla. Here's Fain in his 0:18:59.640 --> 0:18:59.960 own way. 0:19:00.520 --> 0:19:04.000 For weeks, we've seen an army of analysts and pundits 0:19:04.520 --> 0:19:08.560 crying that our union was going too far, that we 0:19:08.560 --> 0:19:11.760 were demanding too much. They said they weren't sure if 0:19:11.760 --> 0:19:14.160 we would ever get a deal, and then we got 0:19:14.200 --> 0:19:14.640 all three. 0:19:15.800 --> 0:19:19.000 So, Dana, who exactly is Sean Fain? What does he 0:19:19.080 --> 0:19:24.960 represent and does he stand a chance at actually organizing 0:19:25.040 --> 0:19:27.600 labor at Tesla, something that has failed time and again 0:19:27.640 --> 0:19:28.359 in the past. 0:19:28.640 --> 0:19:31.080 So Sean Faine is the new face of the United 0:19:31.119 --> 0:19:34.879 Auto Workers. He's this kind of like militant, you know, 0:19:34.920 --> 0:19:36.560 and I don't say that in a disparaging way, but 0:19:36.640 --> 0:19:39.400 like he's this like new militant head of the UAW. 0:19:39.440 --> 0:19:43.359 He just won this historic victory in Detroit after six weeks, 0:19:43.440 --> 0:19:46.040 and now he's going to try to organize everywhere. And 0:19:46.640 --> 0:19:48.160 there are a lot of auto plants in the United 0:19:48.200 --> 0:19:50.560 States that are not union. It's not just Tesla, it's 0:19:50.600 --> 0:19:53.440 like everywhere in the South, Like you know, Volkswagen, Toyota, 0:19:53.440 --> 0:19:56.359 and Nissan, they all have these plants that are not unionized. 0:19:56.400 --> 0:19:59.119 And I think the UAW just has to be really strategic. 0:19:59.160 --> 0:20:01.320 They just won this huge victory in Detroit. Where are 0:20:01.359 --> 0:20:03.439 they gonna where are they going to organize next? And 0:20:03.520 --> 0:20:05.920 of course they're going to say we're organizing at TESLA. 0:20:06.000 --> 0:20:07.880 I mean, they're going to organize everywhere. But I think 0:20:07.920 --> 0:20:10.280 what will be interesting to watch is where do they 0:20:10.320 --> 0:20:13.040 actually put in their resources to develop a real campaign. 0:20:13.640 --> 0:20:15.440 I think that they would have a much easier time 0:20:15.520 --> 0:20:18.120 trying to organize a plant where they where they had 0:20:18.160 --> 0:20:20.480 like at least gotten to a vote before. At Tesla, 0:20:20.520 --> 0:20:21.960 they've never even gotten to a vote. 0:20:22.040 --> 0:20:23.280 So what would some. 0:20:23.200 --> 0:20:25.200 Of those plants be where they've had votes some of 0:20:25.240 --> 0:20:26.920 them and some of the plants in the South. 0:20:27.119 --> 0:20:30.199 Yeah, plants in the South, like like I mean Volkswagons 0:20:30.280 --> 0:20:33.960 Plant and Chattanooga, Tennessee comes to mind. So, like organizing 0:20:33.960 --> 0:20:36.639