No. of Recommendations: 0
Elon: “Imagine you’re cleaning a beach which has a few needles, trash, and is dirty. And there’s a 1,000 ft tsunami which is AI that’s about to hit."
Elon: "I think that we are close to digital super intelligence. It may happen this year. If it doesn't happen this year, next year for sure. A digital super intelligence defined as smarter than any human at anything."
I have this picture in my mind of a noted nonagenarian with a metal detector wanding the sand for loose change while the 1,000 ft tsunami approaches.
On Waymo vs. Robotaxi: Imagine a 400lb diabetic with bad feet at the starting line of a 100 yard dash. Next to him is a tall Jamaican named Bolt. The guy with bad feet jumps the gun and starts off with a five yard lead. Who's gonna win?
Robotaxi success depends on three factors:
1) Vehicle cost. Tesla 30K, Waymo 150K.
2) Geofence. Tesla will quickly circle the globe while Waymo is stuck at 1%.
3) Scalability. Tesla can produce millions of RTs while Waymo can only make thousands.
The real race starts tomorrow. Who's gonna win?
On Bitcoin: Imagine a black hole stripping matter from bonds, real estate, stocks, gold and cash.
For more and more people - until equilibrium is reached - the new cost of capital hurdle rate is based on BTC.
