“The price of freedom of speech isn’t cheap, is it?”
“I think it’s like $44 billion, something like that.”
That’s Elon yesterday at the All-In Summit.
In a live appearance, Elon and the besties dug into the future of robotics, how Elon wants to transform government, and more.
A Robot In Every Home
“I think the number of robots will vastly exceed the number of humans.”
To me, the most fascinating part of Elon’s talk was when he dug into robotics. Elon plans to offer the Optimus android for $10-20,000 within the next 5-6 years.
An affordable android would truly transform the world.
In Elon’s vision, every human would have one. Many more would work in factories and on Mars.
With AI driving its brain, the robot would be able to do anything we can do. The economy could grow infinitely since the supply of labor would be infinite.
Let’s assume we get our in-home robot. We could have it doing housework during the day then working the night shift at a factory. After all, it never gets tired!
Its factory wages could pay for the robot lease. Voila, free robot!
I dearly hope this happens in my lifetime.
D.O.G.E.
I love the Elon image in the leather jacket and gold chain at his new Department of Government Efficiency (D.O.G.E.). But D.O.G.E. isn’t just a meme — Elon could use this agency to transform government.
“If Trump wins…we do have an opportunity to do kind of a once in a lifetime deregulation and reduction in the size of government.”
Elon might be the only person better than Trump at firing people. He took out 75% of Twitter and the site actually got better!
Overregulation is one of the most critical problems of our time. It’s the reason we can’t even build housing, much less high speed rail.
The accumulation of regulations over time mean that eventually, everything becomes illegal. We cannot remain #1 in the world that way.
Getting rid of regulations will let the economy rip. And once the regs are gone, we won’t need the bureaucrats that used to enforce them.
Elon is the best man in America for this job. I just hope he gets it.
The Government Spending Crisis
“The government is the DMV at scale…how much do you want to scale it?”
Scale it we have. The federal government spent $6.13 trillion last year.
Much of that spending is funded by borrowing at increasing interest rates. We’re adding a trillion dollars to the debt every 90 days.
There’s some line where when we exceed it, we spark a financial crisis. That crisis will make 2008 look like a tea party.
We don’t know where that line is. And we darned sure don’t want to find out.
Cutting spending under a Trump administration would help us edge away from the brink. Less government spending will also allow that money to go into the private sector, which is far more efficient.
Wrap-Up
I loved Elon’s talk at the Summit. He presents an ambitious vision for technology and for America.
I look forward to seeing him at his desk at the D.O.G.E., staring down the bureaucrats.
What did you think of Elon’s talk?
“I think we will have a golden age in this country.”
More on tech:
Elon Musk (Part 1): Overcoming the Odds
Small Investors Lead to Big Investors
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