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Elon Musk and Jack Ma discuss AI’s risks, Mars, and how humans can secure the future

(Credit: Vincent Yu/Twitter)

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Tesla and SpaceX CEO Elon Musk and Alibaba founder and Chairman Jack Ma kicked off the 2019 World Artificial Intelligence Conference in Shanghai, China, with an informal debate about AI and its implications to humanity. Throughout their conversation, Musk and Ma touched on several topics, from jobs, the need for educational reform, moving to Mars, and how humans’ way of life can improve in the future.

Opposing Views

The two billionaires have vastly differing points of view concerning artificial intelligence. While Musk is cautious about AI considering the dangers it may pose to humanity, Ma is far more optimistic. “I don’t think AI is a threat,” Ma said, responding to the Tesla CEO’s introductory points. Explaining further, the Alibaba founder noted that people are “street smart,” and thus, humanity will be fine even when AI evolves. Musk, for his part, doubled down on his point, arguing that AI’s rate of improvement is notable, and there will come a time when computers will outpace humans’ natural ability to understand it.

Making humans multi-planetary

Musk noted that humans have an opportunity today because this is the first time in history that it’s “possible to extend life beyond Earth.” He added that the window for this could either be open for a long or short time. Thus, it is in humanity’s best interest to secure its multi-planetary opportunities as quickly as possible.

Ma, for his part, argued that he has no interest in multi-planetary initiatives. “I’m not a fan of going to Mars,” he noted. Instead, Ma stated that it’s more pertinent for humans to try and preserve Earth. The Alibaba chairman nevertheless stated that the world needs innovators like Elon Musk, in as much as it needs people who are willing to do what needs to be done to save the planet. “We need heroes like you (who want to go to Mars), but we need heroes like us (who will fix Earth),” Ma said.

Musk explained that preserving Earth is a notable part of Tesla’s mission, from transitioning the transportation sector towards sustainability to fostering energy independence through solar power and batteries. Responding to Ma’s statements about using resources to focus on solving Earth’s problems, Musk noted that it will only take a fraction of the world’s GDP to make humans multi-planetary, comparable or even less than what people spend on something like makeup annually. “Spending resources on making life multi-planetary would be enough with just 1% of the earth’s GDP,” Musk noted.

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AI’s threat to jobs

“Why do we need that many jobs anyway?” Ma said, explaining that humans have been fearing that tech will take jobs away for over a hundred years, and yet, jobs have increased. Ma believes that with AI’s help, humans can eventually reach a point where the average workweek is only 3 days per week, and the average workday is only 4 hours a day. This, according to Ma, opens the opportunity for humans to enjoy life more, and live even longer. “We need to be ready to enter the era where everyone will get to live 120 years,” he said.

Musk, for his part, stated that the advent of AI will likely make most jobs pointless. Considering AI’s evolution, Musk noted that the time will come when computers could eventually make their own software. With this in mind, it would be best for people to embrace areas such as engineering and fields of study that deal with human relations, as these will still be pertinent even in the artificial intelligence age. The Tesla CEO added that this is the reason behind Neuralink and its brain-machine interface, as it will prevent humans from being left behind.

The need for education reform

The Alibaba founder admitted that he is worried about the current educational system, which is still largely designed for the industrial period. Ma argues that today, there is a need to foster more creative and constructive education, which would allow humans to live a happier life. “I want to spend more time training kids on painting, singing, dancing, these creative things that make people live like humans,” he said. Ma added that people have heart, and that is where wisdom comes from. With this in mind, it is best for education to focus on training this aspect of the human being.

The Tesla CEO agreed that creative education is needed, particularly as today’s school system is “low bandwidth and extremely slow.” Musk noted that solutions such as Neuralink’s neural lace could be a difference-maker in this sense, as it would allow people to upload skills and learn them quickly, in a manner that is not too far from the concepts depicted in the sci-fi franchise The Matrix.

The dangers of AI

While the two disruptors agreed that there is a need for educational reform, Musk and Ma disagreed most about the potential risks of AI. Ma argued that compared to humans, computers are just a toy, adding that the best resource in the world is the human brain. “It’s impossible that humans could be controlled by machines. They’re machines that are invented by humans,” Ma said.

Musk noted that he very much disagrees with Ma’s stance. Arguing his point, the Tesla CEO stated that humans are capable of creating things that are superior to people. Humans are not the last step in evolution, Musk said, and people must be wary of thinking that they are smarter than they really are. “The most important mistake smart people make is that they think they’re smart. Computers are already smarter than people. We just keep moving the goalposts,” he stated.

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Responding to Musk’s argument, Ma noted that the metrics humans use to benchmark themselves against AI (such as world champions in Chess playing against artificial intelligence) do not make sense, as games like Go are designed for human minds. “Why should humans play against computers? It’s stupid to compete with computers,” Ma quipped, adding that while computers can be clever, humans are smarter and wiser.

The future of humanity

Musk believes that one of the world’s greatest threats lie in its declining birthrate. “The world’s biggest issue in 20 years is population collapse,” he said, adding that this could be a big issue considering that humans generally have a “20-year boot sequence.” Ma agreed, stating that even China’s population, which currently stands at 1.4 billion people, sounds a lot today, but if one factors in the country’s declining birthrate, the country will see a completely different landscape in 20 years.

Musk added that more humans are definitely needed, especially with the start of multi-planetary initiatives. “Mars needs people,” he lightly said.

Ma ultimately believes that pursuing AI is wise to make people’s lives better. The Alibaba founded added that artificial intelligence can always do a better job when logic is involved, but when logic is not involved, humans will always be better. To thrive in the future, Ma stated that humans need not just IQ, but emotional intelligence, and (love) intelligence as well. Musk nodded, stating “I agree with him. Love is the answer.”

Watch Elon Musk and Jack Ma’s informal AI debate in the video below.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Waymo temporarily halts service in select San Francisco and LA areas amid protests

The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

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Credit: ABC7/YouTube

Waymo, Alphabet’s autonomous vehicle subsidiary, has suspended its driverless taxi operations in parts of Los Angeles and San Francisco amid violent protests linked to U.S. Immigration and Customs Enforcement (ICE) raids in the state. 

The suspensions came after several Waymo Jaguar I-Pace robotaxis were vandalized and set ablaze during the demonstrations.

Waymo Catches Strays Amid Anti-ICE Protests

Protests erupted in Los Angeles and San Francisco in response to the Trump administration’s immigration raids, which ultimately resulted in California Governor Gavin Newsom calling the White House’s deployment of National Guard troops unconstitutional. 

Amidst the protests, images and videos emerged showing several Waymo robotaxis being defaced and destroyed. At least five Waymo robotaxis ended up being caught in the crossfire, and at least one vehicle ended up being burned to the ground. 

The incident resulted in the Los Angeles Police Department advising people to avoid downtown areas due to toxic fumes from the robotaxis’ burning lithium-ion batteries. As noted in a KRON4 report, Waymo ultimately halted service in affected areas “out of an abundance of caution.”

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Robotaxi Sentiments

The cost of the attacks is notable. Each Waymo robotaxi is valued between $150,000 and $200,000, per a 2024 Wall Street Journal report. Interestingly enough, this is not the first time that Waymo’s robotaxis ended up on the receiving end of angry protesters. On February 24, a Jaguar I-PACE robotaxi was set ablaze and vandalized by a crowd in San Francisco. Videos taken at the time showed a mob of people attacking the vehicle. 

Despite the recent attacks on its robotaxis, Waymo has stated it has “no reason to believe” its vehicles were specifically targeted during the protests, as per a report from The Washington Post. A company spokesperson also noted that some of the Waymo robotaxis that were defaced and destroyed during the violent demonstrations had been completing drop-offs near the protest zones.

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Investor's Corner

xAI targets $5 billion debt offering to fuel company goals

Elon Musk’s xAI is targeting a $5B debt raise, led by Morgan Stanley, to scale its artificial intelligence efforts.

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(Credit: xAI)

xAI’s $5 billion debt offering, marketed by Morgan Stanley, underscores Elon Musk’s ambitious plans to expand the artificial intelligence venture. The xAI package comprises bonds and two loans, highlighting the company’s strategic push to fuel its artificial intelligence development.

Last week, Morgan Stanley began pitching a floating-rate term loan B at 97 cents on the dollar with a variable interest rate of 700 basis points over the SOFR benchmark, one source said. A second option offers a fixed-rate loan and bonds at 12%, with terms contingent on investor appetite. This “best efforts” transaction, where the debt size hinges on demand, reflects cautious lending in an uncertain economic climate.

According to Reuters sources, Morgan Stanley will not guarantee the issue volume or commit its own capital in the xAI deal, marking a shift from past commitments. The change in approach stems from lessons learned during Musk’s 2022 X acquisition when Morgan Stanley and six other banks held $13 billion in debt for over two years.

Morgan Stanley and the six other banks backing Musk’s X acquisition could only dispose of that debt earlier this year. They capitalized on X’s improved operating performance over the previous two quarters as traffic on the platform increased engagement around the U.S. presidential elections. This time, Morgan Stanley’s prudent strategy mitigates similar risks.

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Beyond debt, xAI is in talks to raise $20 billion in equity, potentially valuing the company between $120 billion and $200 billion, sources said. In April, Musk hinted at a significant valuation adjustment for xAI, stating he was looking to put a “proper value” on xAI during an investor call.

As xAI pursues this $5 billion debt offering, its financial strategy positions it to lead the AI revolution, blending innovation with market opportunity.

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SpaceX to debut new Dragon capsule in Axiom Space launch

Ax-4’s launch marks the debut of SpaceX’s latest Crew Dragon and pushes Axiom closer to building its own space station.

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(Credit: SpaceX)

Axiom Space’s Ax-4 mission targets the International Space Station (ISS) with a new SpaceX Crew Dragon capsule.

The Axiom team will launch a new SpaceX Dragon capsule atop a Falcon 9 rocket from NASA’s Kennedy Space Center in Florida on Wednesday at 8:00 a.m. EDT (1200 GMT). The Ax-4 mission launch was initially set for Tuesday, June 10, but was delayed by one day due to expected high winds.

As Axiom Space’s fourth crewed mission to the ISS, Ax-4 marks the debut of an updated SpaceX Crew Dragon capsule. “This is the first flight for this Dragon capsule, and it’s carrying an international crew—a perfect debut. We’ve upgraded storage, propulsion components, and the seat lash design for improved reliability and reuse,” said William Gerstenmaier, SpaceX’s vice president of build and flight reliability.

Axiom Space is a Houston-based private space infrastructure company. It has been launching private astronauts to the ISS for research and training since 2022, building expertise for its future station. With NASA planning to decommission the ISS by 2030, Axiom has laid the groundwork for the Axiom Station, the world’s first commercial space station. The company has already begun construction on its ISS replacement.

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The Ax-4 mission’s research, spanning biological, life, and material sciences and Earth observation, will support this ambitious goal. Contributions from 31 countries underscore the mission’s global scope. The four-person crew will launch from Launch Complex 39A, embarking on a 14-day mission to conduct approximately 60 scientific studies.

“The AX-4 crew represents the very best of international collaboration, dedication, and human potential. Over the past 10 months, these astronauts have trained with focus and determination, each of them exceeding the required thresholds to ensure mission safety, scientific rigor, and operational excellence,” said Allen Flynt, Axiom Space’s chief of mission services.

The Ax-4 mission highlights Axiom’s commitment to advancing commercial space exploration. By leveraging SpaceX’s Dragon capsule and conducting diverse scientific experiments, Axiom is paving the way for its Axiom Station. This mission not only strengthens international collaborations but also positions Axiom as a leader in the evolving landscape of private space infrastructure.

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