In conversation with Elon Musk | All-In Summit 2024
Besties intro Elon Musk!
- Tesla's share price has dropped by over 30% since Elon Musk took over Twitter.
- Musk has been described as having erratic behavior.
- Many people look to Musk's behavior as a model for challenging teams to achieve the impossible.
The Battle of Free Speech
- There is a global movement to suppress free speech.
- It is important to adhere to the laws of each country, and if something is illegal in a particular country, it should be taken down.
- If speech is not illegal, then it is wrong to censor it.
Potential government efficiency agency
- A Department of Governmental Efficiency is proposed to reduce the size of government and remove unnecessary regulations.
- The current level of government regulation is described as excessive and a burden on consumers, citing a case where SpaceX was fined for water runoff despite no environmental harm.
- It is argued that reducing government spending and regulations would lead to a more productive and prosperous economy, citing the examples of East/West Germany and North/South Korea.
SpaceX updates, overreaching regulations
- A private mission, funded by Derek Erdman, is planned and could be the first commercial spacewalk.
- Starship is ready to fly, but regulatory approval is pending.
- Starship is the first rocket design where success, with full reusability, is a possible outcome.
Thoughts on Boeing's culture
- Boeing has struggled to complete the Starliner spacecraft, despite successfully launching it.
- Boeing's close relationship with the government has resulted in a similar level of efficiency, which is not necessarily a positive attribute.
- Boeing's previous COO lacked hands-on experience and knowledge of the company's products, highlighting a disconnect between leadership and the engineering aspects of the business.
The 80/20 AI Future
- Spending on AI currently exceeds revenue, but AI is improving faster than any other technology.
- The cost of goods and services will likely trend towards zero with advancements in AI and robotics.
- The Optimus robot is projected to cost approximately $20,000 at scale after three design iterations and reaching a production level exceeding one million units per year.
Elon and Jason share unaired SNL skits
- A pitch involving a baby rooster and Kate McKennon was presented to the Saturday Night Live team but was rejected, potentially due to it being Mother's Day.
- A skit based on 'The Godfather' with a Dogecoin theme was also pitched.
- The skit involved the Dogefather being asked for his private keys and featured other individuals like Colin Jost.