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Elon Musk and Jack Ma discuss AI’s risks, Mars, and how humans can secure the future
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.
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.
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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.
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.”
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Watch Elon Musk and Jack Ma’s informal AI debate in the video below.
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SpaceX (NASDAQ: SPCX) reported a beat in revenues and EBITDA in its first earnings call report while also minimizing losses as its business continues to gain momentum.
After its IPO in July, SpaceX saw some tough losses on Wall Street due to a major selloff after a delay in its 13th Starship test flight. The ship launched later that week and completed what was arguably the most successful IFT operation in the Starship program’s history.
Nevertheless, the company is continuing on and reported some encouraging financials while also promoting what appears to be a robust outlook moving forward in its Space, AI, and Connectivity divisions.
SpaceX to report first-ever earnings today: here’s what to expect
Earnings Results
- Revenues: $7.8 billion reported vs. $6.7 billion expected
- Adjusted EBITDA: $3.5 billion vs. $2 billion expected
- Net loss of $541 million, an improvement of $467 million from net loss of $1.0 billion
Additionally, CFO Bret Johnsen had these comments:
“2026 has been a momentous year so far, and the second quarter demonstrated the true power of SpaceX. Revenue growth accelerated across all our business segments and we delivered strong operating leverage, with significant margin expansion led by our new AI compute agreements. Our unparalleled leadership in launch, Starlink subscriber growth, new enterprise and government partnerships, and best-in-class AI infrastructure underscore our ability to drive meaningful scale and deliver attractive returns. As a newly public company, we are delighted to welcome our broad base of shareholders and bondholders. We ended the second quarter with $100 billion of cash, cash equivalents, and marketable securities, and $47.5 billion in backlog. This financial strength gives us substantial capacity to invest in Starship, Starlink Broadband and Mobile satellites, and our AI platform, while maintaining a disciplined long-term capital allocation framework.”
Space Business Highlights
SpaceX shared some of its biggest Space Business Highlights for Q2:
- Space revenues grew 55% sequentially and 29% year-over-year to $962 million, driven by a higher number of large customer launches and a favorable customer shift compared to the prior year
- Total costs and expenses for the Space segment were up by $389 million year-over-year, as we continued to accelerate R&D investments in our Starship program, which we believe will reduce the cost to orbit by 99% or more relative to the historical average, and unlock significant revenue potential across all business segments
- Leading launch provider for the world with 78 launches and 1,041 metric tons of mass to orbit deployed over the six months ended June 30, 2026, primarily allocated to Connectivity for the deployment of our Starlink constellation
- Starship V3 development continued to advance towards full and rapid reusability:
- Completed Starship V3’s first suborbital mission in May, Flight 12, which achieved a successful lift off from our new Starbase pad, a precision landing of Starship’s upper stage, and deployment of modified V2 Starlink satellites
- Subsequent to the second quarter, completed Starship Flight 13 in July, which achieved all flight objectives including deploying 20 production V3 satellites, demonstrating in-space relight of a Raptor engine, and executing the softest ever splashdown of Starship, providing critical views of an intact heatshield
SpaceX will report its earnings today at 4:30 P.M. EDT.
Elon Musk issued a second pointed warning to SpaceX short sellers on Tuesday, just hours before the company was set to release its first quarterly earnings as a publicly traded firm. Responding to a report highlighting elevated short interest, Musk wrote on X: “I try to warn them, but they just double down …”
The comment came as data from S3 Partners showed roughly 95 percent of available SPCX shares to borrow were on loan, translating to about 34 percent short interest as a percentage of the float. The stock has traded under pressure since its record-breaking IPO in June 2026, declining significantly from early peaks.
I try to warn them, but they just double down … 🤷♂️
— Elon Musk (@elonmusk) August 4, 2026
This marks the second such message from Musk in under three weeks.
On July 17, amid post-IPO volatility, he stated: “The survival probability of firms who maintain a significant short position in SpaceX over time is very low.” At that time, SPCX had fallen roughly 30 percent from its peak above a $2.6 trillion valuation, with short sellers reportedly realizing gains of about $8.7 billion.
Musk’s warning aligned with optimistic analyses projecting that Starship-driven cost reductions could enable a multi-trillion-dollar space economy through applications such as orbital solar power, asteroid mining, data centers, and Mars-related projects, positioning SpaceX as critical infrastructure.
SpaceX is scheduled to report second-quarter results after the market close later today, followed by a webcast. Analysts anticipate revenue near $6.9 billion, reflecting growth in Starlink, launch services, and AI-related segments. The earnings release precedes a major lockup expiration on August 6 that could free hundreds of millions of insider shares.
Musk has a long track record of confronting short sellers, particularly regarding Tesla, where he has argued that persistent bearish positions underestimate transformative technologies. Critics view his optimism as overly ambitious given near-term stock fluctuations, while supporters see temporary dips as opportunities in a longer-term expansion of the space economy.
As SpaceX opens its books to public scrutiny for the first time, the high short interest and Musk’s repeated cautions set the stage for heightened market attention on the results and management’s commentary.
Tesla’s AI lead Ashok Elluswamy doubled down on the company’s strategy regarding Full Self-Driving’s speed settings, and owners are definitely confused.
Earlier versions of Full Self-Driving allowed owners to set a max speed that the vehicle could travel while operating under the semi-autonomous driver assistance platform. This allowed more customization for the driver, giving them the ability to experience FSD’s robust performance with their own personal preferences.
Speed is massively important for obvious reasons — it’s not only a question of keeping the vehicle occupants comfortable by traveling at a safe speed, but it’s also something that could contribute to a ticket or infraction from law enforcement.
With the release of FSD v14 last year, Tesla removed the ability to set a max speed and instead opted for five Speed Profiles, ranging from “Sloth,” the most conservative, to “Mad Max,” the most aggressive and spirited. These profiles not only control speed, but also how frequently the vehicle will execute passes, perform lane changes, and other contributing factors.
The removal of the Max Speed setting was a major complaint amongst the Tesla community because it left owners scrambling for a way to experience suitable behaviors while traveling at an appropriate speed. Most felt the driving profiles would be a good indicator of the behaviors, while speed would still be left up to the discretion of the driver.
Instead, Tesla’s Speed Profiles determine both, and the constant tinkering of how they behave has been a major bottleneck and point of confusion for both owners and the company. From update to update, the Speed Profiles will change, sometimes more drastically than others. Some owners have complained that the “Standard” profile is too fast, while others have experienced “Mad Max” traveling below the speed limit:
What has happened to Mad Max?
At one point it was going 32 in a 35. Traffic ahead had pulled away considerably https://t.co/bjKvaMVTNX pic.twitter.com/aaZSWmLu5v
— TESLARATI (@Teslarati) January 24, 2026
These things change with each update, but the big complaint is that owners are on the hook for any tickets that come from FSD’s infractions; that’s the caveat of the suite being named FSD (Supervised). It ultimately means the driver is responsible, and the automaker has no liability when it comes to speeding tickets or general traffic infractions.
It is the driver’s responsibility to take over or adjust based on this.
Elluswamy essentially confirmed that there are no plans to bring back Max Speed control, because it is what he referred to as “an anti pattern.” He then echoed something that CEO Elon Musk has started to really push with FSD, and that’s the idea that Tesla is really honing in on the preferences of the driver.
Max speed control is an anti pattern.
We are working on better learning of user’s implied preferences.
— Ashok Elluswamy (@aelluswamy) August 3, 2026
Owners were confused by Tesla’s decision, stating that there must be a better way, especially considering disengagements for incorrect speeds are common:
This…. is not the way
— Kyle Conner (@itskyleconner) August 4, 2026
😭 I appreciate this mentality ! But currently the no.1 reason I disengage in Australia is incorrect speed zones.
— Ryan’s Model Y (@ryanjaycowan) August 3, 2026
This is fine but you need to start accepting liability for speeding tickets then. https://t.co/lyCgdA83gQ
— Jeremy Judkins (@jeremyjudkins_) August 4, 2026
Okay https://t.co/nOvoXQkNg1 pic.twitter.com/jGRtF2xtox
— Chad Moran (@ChadMoran) August 3, 2026
From personal experience and using FSD for over 72 percent of my driving miles since v14 was released late last year, I make Speed Profile adjustments constantly. If FSD is traveling a tad too quickly, I will scale it back, and if it’s too conservative, I’ll make it more aggressive.
I don’t complain about making the Speed Profile changes too frequently, but it would certainly be nice to have it happen less frequently. There are far too many times I am concerned about getting a ticket, even in Standard mode.
The biggest issue for me, personally, which seems to be echoed throughout the community, is the fact that Tesla’s goal is to minimize disengagements. Many drivers are stating that speed is a major reason for disengagements.
However, Tesla is not willing to bring back this one level of input because it would technically be a regression.
Whether it’s right or wrong in your opinion, it is what Tesla is going with, and it seems like it has pivoted quite a bit from its other strategies for minimizing interventions by pushing its AI to behave in a way that would fit the occupant’s personal preferences.
SpaceX reports beat in first earnings while minimizing losses
Elon Musk sends second warning to SpaceX shorts ahead of first earnings
