[0:00:00] All right, good morning, everyone. I think our next guest really doesn't need an introduction. We are going to be hearing from the serial entrepreneur behind a range of companies, PayPal, Tesla Motors, SolarCity, SpaceX. He is a titan of industry who has disrupted and transformed entire industries. We're talking about automotive.
[0:00:23] Aerospace, Energy, Internet Finance. And these are sectors that are really tough to operate in as a startup. In the next 40 minutes, we are going to hear from Elon Musk. And we're going to learn more about Tesla Motors in Hong Kong. In China, we're going to hear about sustainable energy solutions. We're going to talk about Mars. And we're also going to touch on the fate and future of humankind. Pretty big stuff. So on this icy cold day here in Hong Kong, let's give a very warm welcome.
[0:00:53] To Elon Musk. Okay, you can pick any mic on the table. There's so many to choose from. Okay. Invest HK. All right. Elon Musk, welcome to Hong Kong. I talked to your people at Tesla here in Hong Kong, and Tesla opened up here in 2010. The Model S has been selling pretty well. Good buildup. First general question, how's the business doing here in Hong Kong? Actually, at Tesla, we're super appreciative of Hong Kong.
[0:01:33] It's the city with the, I believe at this point, the most number of Teslas per capita. I think it's a very exciting model in Hong Kong because I think Hong Kong will have, over time, the highest percentage of electric vehicles of any city in the world and can therefore serve as a model.
[0:02:04] For how other high density cities around the world can transform to a sustainable transport future. So I think that's very exciting. So we plan to work closely with the Hong Kong government and to take lessons learned and see what we can do to then propagate that to cities around the world.
[0:02:24] We're very excited about the partnership with Hong Kong. Because Hong Kong is such a densely packed city, there's no range anxiety in Hong Kong, but that's not the only factor behind the popularity of the Tesla. What are the other factors? Certainly, the range not being an issue is one factor, although that is counterbalanced by challenges with charging. One of the things that we need to work through, and this is a...
[0:02:53] A challenge that any other dense city in the world has is as you have more and more electric vehicles on the roads, you have to find some place to charge them. And the ideal place to charge the car is at your home or office, essentially the same place that you charge your phone. But this is challenging because a lot of apartment buildings, well, most apartment buildings didn't anticipate.
[0:03:21] Having that level of power in the garage. And sometimes the parking spots float around. They're not consistent. So it's going to be quite important to get the power to the buildings that need it. And figure out a good and convenient way for people to charge at home. We are deploying a lot of superchargers. And of course that's going to be important. But those are really meant for when you have an unusually long trip.
[0:03:51] You've been away from your home or office for a while or you need to top up and you're out and about. But by far the most convenient is home or office charging and that's the thing that we're really working closely with the Hong Kong government on.
[0:04:05] Yeah, we were talking about this earlier about the impact of falling oil prices because high oil prices was a major selling point for getting into hybrids or electric vehicles. Now that oil prices are in free fall, what does that mean for the industry? Well, it definitely makes the transition to sustainable energy more difficult. And I think no doubt that that is going to dampen interest in electric vehicles in general.
[0:04:32] With our cars, what we aspire to do is to make the car so compelling that even with low gasoline prices, it's still the car you want to buy. Yeah. That's, I mean, the only thing I can think of that's the only sort of, what else we could do, really. You have to make it compelling. Yes, exactly. And this is really at the key of Tesla is to create an electric car that's not worthy, it's going to help the environment.
[0:04:58] It is a car that you will covet, that you want to drive, that happens to be very good for the climate change or very good for the environment. Yeah, exactly. I think this is sort of general advice I'd give to people starting companies, to entrepreneurs in general, is really focus on making a product that your customers love. It's so rare that you can buy a product and you love the product when you bought it. There are very few things that fit into that category.
[0:05:28] And if you can come up with something like that, your business will be successful for sure. Let's talk about China. China is the world's largest auto market. China is also, it's a growing electric vehicle market too. It's soon to be the world's largest there. World's largest carbon emitter. We've seen the return of the so-called airpocalypse and crazy bad air days in places like Shenyang and Beijing, especially during the wintertime. China needs your technology. Is China really aware of that? Do you get that sense?
[0:05:58] And if you don't mind, if you could hold the mic a little bit closer. Sorry, yeah, absolutely. I see it's very high gain. Okay. Yes, China is definitely aware of tests. I've had a number of high-level meetings with the Chinese government. And in fact, the...
[0:06:20] The Minister of Finance recently mentioned Tesla in a speech that he gave. Oh, wow. As a good example. Actually, he likes what we're doing. Which is a good thing. Yeah, absolutely. And then last year, in an effort to help the rest of industry and just sort of...
[0:06:41] Can I be a good neighbor? We open sourced all of our patents. So any company in China or elsewhere can use our patents to create electric vehicles. Oh, wow.
[0:06:58] And what you're doing there just really underscores a theme that emerged at the latest climate change conference in Paris, the debate on whether developed countries should be doing more to help developing countries when the goal is a general shared goal. And you're saying a company from a developed country should be doing that little bit more in a market like China. I agree, although, quite frankly, I think.
[0:07:22] China is quite well developed. Let me tell you, China has better highways and definitely better trains than the United States. By far. In fact, I had a great experience taking the bullet train from Beijing to Xi'an to see the terracotta warriors. It was a great experience.
[0:07:51] A lot of opportunity there. I think the challenge for Tesla is that in China we need to establish sort of a local partnership. Yeah. And so we're going to kind of figure that out. There is the issue of pollution in China, the need for sustainable energy solutions in China. Gridlock is a huge issue in places like Beijing. I don't know if you've been stuck in Beijing traffic. I've been stuck in Beijing. Yeah, it's pretty crazy.
[0:08:20] Everyone here who's traveled to China, it's pretty crazy. Can Tesla Autopilot provide some sort of a solution to that? Well, I think Autopilot can certainly take the edge off. Because our Autopilot capability right now is really good in two scenarios.
[0:08:43] Either on a highway where there's no traffic and the lines are quite clear, or in heavy traffic. So it's super good in heavy traffic. Not that I'd recommend it, but you can read a book or do email, is what I've found. I've heard people say. So you can really take the edge off the traffic, but I'm actually quite a big fan of tunnels.
[0:09:13] Tunnels are so underappreciated. Please elaborate. Well, the fundamental problem with cities is that we build cities in 3D. I mean, you see you've got these tall buildings with lots of people on each floor, but then you've got roads which are 2D. So that obviously just doesn't work. You're guaranteed to have gridlock. But you can go 3D if you have tunnels.
[0:09:41] And you can have many tunnels crisscrossing each other with maybe a few meters vertical distance between them. And completely get rid of traffic problems. And it's my understanding that actually Hong Kong is in the process of building some tunnels. And I was very pleased to hear that. But that really is the solution for solving traffic in major cities. Yeah. You can also go 3D with flying cars. You can. But that's not going to happen for a long time.
[0:10:11] Well, I mean, flying cars sound cool, but then they do make a lot of wind, and they're kind of noisy. You've thought this out. The probability of something falling on your head is much higher. Yeah. Gotcha. We talked about charging stations and the challenge for rolling out more charging stations in Hong Kong. The challenge is exponentially greater in China, especially in the rural areas to connect the big cities.
[0:10:41] What are your plans on that? So we actually have a supercharging network throughout China. You can go, at this point, almost anywhere in China using the Tesla supercharger network. And then we've got, there's a whole bunch of third-party affiliate destination chargers. And we've actually had people drive all the way from Beijing to Tibet. Yeah. So it's, yeah, in a Model S. Wow, that's incredible. Yeah.
[0:11:11] Have you ever driven a Tesla in rural China? No. Other people have. The Model 3. What can you tell us about the Model 3? What it's going to look like? And I know that you've mentioned to me about... Sorry. No, no, sorry. I can't tell you what it's going to look like. Okay, okay. But I mean, I can tell you just generally some characteristics about it, which is it's meant to be a slightly smaller version.
[0:11:43] It's sort of a smaller version of the Model S, and it won't have quite as many bells and whistles, but it'll be at a much lower price point. So the intent is to roughly cut the price in half for a smaller vehicle, and I think really that's going to be probably the most profound car that we make, because that'll be a...
[0:12:09] I think a very compelling car at an affordable price. Yeah, this is with the Model 3, the electric vehicle could go fully mainstream. Other car manufacturers, we have GM in mind with the Bolt doing the same thing. And you welcome your rivals doing this. Right. Yeah, the goal of Tesla from the beginning has been to accelerate the advent of sustainable transport. So we actually did some partnerships. We did one with Mercedes and one with Toyota.
[0:12:38] So the whole purpose of it was really to accelerate the advent of sustainable transport. So it's always great to hear when other car companies are making electric cars. Including car companies inside China. Yeah, absolutely. Are there any Chinese electric car vehicle makers that are capturing your attention? Well, we don't think too much about what competitors are doing.
[0:13:08] Just because I think it's important to be just focused on making the best possible products. It's sort of maybe analogous to what they say about if you're in a race, don't worry about what the other runners are doing, just run. Yeah. But to push that metaphor even more, are you afraid that whoever's hosting the race could...
[0:13:37] Tilt the race in favor of the Chinese racer. I'm trying to figure out if there's any way to answer that question and not lose. You get one pass during this interview. If you'd like to take the pass, you can take that pass. Okay. We've talked about innovation in China.
[0:14:22] And I thought your answer was really interesting, and it'd be cool to share it with the audience here. What is the example of made-in-China innovation that you thought, wow, that's pretty cool? Well, I think actually a lot of the social media services in China, you know, Weibo, WeChat, pretty impressive. I think better than what is available in the US. Are you on WeChat? I am, actually. Oh, really? Yeah. Do you know, I only use WeChat when I'm in mainland China on business.
[0:14:52] Do you use WeChat in LA and Silicon Valley? Occasionally to correspond with people in China. Okay, yeah. That's it. Yeah. But it's pretty good. Which... I think Alibaba is pretty impressive. Alibaba is pretty... Do you use Alibaba? Have you used... Okay. But I've heard impressive things about it. Yeah, yeah. It is very, very impressive. Yeah.
[0:15:13] WeChat, how do you use it? Which messaging functions do you like to use on it? Well, I wouldn't call myself sort of a WeChat expert. I basically just message people. Yeah. And send pictures and text. Got it. Can you do other things? Now, recently, I did a panel discussion in Beijing with a group of technologists, and the subject came up.
[0:15:40] Or I brought up the question, can there be an Elon Musk in China? And the answer was no. And it was because of, and this is according to Kai-Fu Lee, former head of Google China who started Microsoft Research in Beijing. And he said, it's because of the education system in China. It emphasizes too much rote learning. You are Elon Musk. What do you make of that? I mean, do you agree with that?
[0:16:10] Well, I actually, I mean, obviously are a number of very successful entrepreneurs in China. Jack Ma, Pony Ma, that's right. Yeah, exactly. So I think, I'm not sure I would entirely agree with that. But it is generally true that innovation comes from questioning the way things have been done before. And if in the education system you're taught not to do that, that will inhibit...
[0:16:36] Entrepreneurship. Being able to question what you're being taught. Being able to... Yeah. I mean, just saying, well, is there a better way? Yeah. To ask that question. Yeah. Let's talk about innovation at Tesla. A few more questions there. So we talked about Tesla Autopilot. There's also Tesla Summon, and I love that name, the Summon, where you summon the Tesla with your mobile phone. And we did talk about this earlier. I know that there's a big gap between...
[0:17:04] Those two programs and self-driving cars. But is Tesla on its way to a driverless model? Yeah, I mean, I think the whole industry ultimately will be producing autonomous cars. And if you fast forward, let's say, 10 or certainly not more than 15 years, I think almost all cars produced will be autonomous. All cars produced will be autonomous? All new cars, yes. But that's not the same as all cars on the road.
[0:17:34] There's roughly 2 billion cars and trucks on the road and just under 100 million produced every year. So the production rate is only 5% of the fleet size. But if you say of new cars produced, I'd be surprised if a majority of them are not self-driving in, let's say, 10 to 15 years. And if all those new self-driving cars out on the road, how many of them will have, you know, it's like a...
[0:18:02] Will have a steering wheel versus not having a steering wheel. It's like the... You know, just a remnant of the past, right? The steering wheel thing, I'm not sure. I mean, there may be some, perhaps, auxiliary steering wheel that only pops out when you need to take manual control for whatever reason. But probably if you go long, long term, my guess is there isn't a steering wheel in most cars. It would be something...
[0:18:34] That you would have to special order or something like that. Wow. In most cars, not all cars. And I do want to be clear, predictions are not endorsements. So I'm not saying that this would be a good or a bad thing. I'm just saying that this is probably what will occur. This is pattern recognition and anticipating what's going to happen next. It's likely. I think it's sort of like elevators used to have a manual elevator operator.
[0:19:02] And you'd have somebody would be sort of moving the lever and be able to do fine tune adjustments with the elevator for each floor. Now there's no manual controller for elevators. I think it's going to seem the same way for cars. And how about the way consumers interact with driverless cars? How many consumers will choose to own their own car versus signing into a networked fleet of driverless cars? I think probably still most people will own their own car.
[0:19:33] But there will be, it's hard to predict the exact percentage, but I think probably roughly 60, 70% of people will probably want to own their cars, or call it two-thirds own, one-third share. This is a complete shooting in the dark guess, but I think still most people will want to own their own car. But they also may choose to...
[0:20:04] Add it to the shared fleet and then take it out of the shared fleet at will. And you don't see that as a threat to your business model? No, I think just as long as we make great autonomous cars. It's just additional options for the consumer. Yeah, it's just adding functionality that I think people will consider quite important in a car in the future. I've said this before, but I think in the long term, owning a car that does not have autonomous capability will be like...
[0:20:34] A bit like owning a horse. I mean, you sort of own a horse for sentimental reasons, but not for actual transport. Yeah, yeah. Let's talk about the futuristic-looking Model X. And a question that many Hong Kongers have is, can I park this thing in my parking garage? Because of those falcon wing doors. What's your answer to that? Yeah, actually, the falcon wing doors are double hinged. So we call them falcon wing instead of gull wing.
[0:21:05] Because they have a dual acting hinge. So they can open in a tighter space than almost any door. And certainly more than a conventional, a tighter space than a conventional door. If you can physically fit between your car and a Model X, then you'll be able to get in the Falcone door. Yeah, and it looks beautiful. And I love the...
[0:21:24] I mentioned this again when we talked yesterday. I love the Back to the Future series. It reminds me of the DeLorean, which I know I should not compare Tesla to. It looks sci-fi. It looks cool. But it also, and this is important, it serves a design purpose. What is that purpose? Yeah, so the Falcon Wing door is designed to improve accessibility of the third row.
[0:21:48] I mean, typically in a three-row car and an SUV, it's quite difficult to access the third row directly. You have to fold up the second row seat, and you really somehow have to move the seat back of the second row, which, if you've got sort of a child or child seat in the second row, can make it really inconvenient to access the third row. So by having the falcon wing door, we have a much bigger opening that allows you to directly step to the third row quite conveniently.
[0:22:17] Even if there are baby seats in the second row. And then if you're a mother, putting your child in the child seat in the second row is very easy because you have such a big opening. And you can step into the car and put the child into the child seat instead of cantilevering your child through a hole over the baby seat.
[0:22:41] So it's meant to improve accessibility and there are only two ways to achieve that level of accessibility. One is the sliding door of a minivan and the other is to have something like a falcon wing door. And the reason we didn't go for a sliding door like a minivan is that it fundamentally constrains the aesthetics of the exterior of the car. And you have to have three support rails.
[0:23:09] Which also negatively affect the aesthetics. And that's why all minivans pretty much look the same. And we wanted to have something that had that level of accessibility and actually has greater accessibility than a minivan door, but also looks good. This is classic user-centered design. And can I just say, thank you for designing for moms. Absolutely. And thank you for designing for parents. Yeah. That's pretty cool. Absolutely. Yeah, I think parents will really...
[0:23:40] Really enjoy the Model X. Yeah. And we're also taking good feedback from customers. And for example, one of the things that was asked of some of our Hong Kong customers that have ordered the Model X is to have a partial open function of the falcon wing door. So if it's really heavy rain. Oh, yeah. So it's like an umbrella. Yeah. So you'd want sort of maybe a 50%, 60% open.
[0:24:06] So you have a good shield from the rain. And I think people will be pleased to know that actually is already in the works. Oh, very good. Very cool. Just a software update. And something that is also potentially in the works, but only for a select few, a submersible Tesla. Yeah, that'll be not anytime soon. But yeah, that's just supposed to be a fun side project to have a submersible Tesla.
[0:24:34] But I think the market for submarine cars is quite small. But you don't have to use the cross-harbor tunnel in Hong Kong. You could just go through the Victoria Harbor. Yeah, that's true. That'd be pretty epic. Just drive right off the ramp, right off the edge of the pier. That's right. Be James Bond every day on your commute. Absolutely. Yeah. A Tesla truck? Could that ever happen? Yeah, I think it's quite likely we'll do a truck in the future. Yeah? Yeah. Any more details on that? No.
[0:25:04] No, I think it's sort of a logical thing for us to do in the future. Okay. Now, with Tesla, your goal has been to make a better car. And you've done that with an electric vehicle that people covet, that has quite a cult following, that's upgradable. But you also want to achieve, and your turn of phrase is very nice, or try to achieve this platonic ideal of a car, right, to reach perfection. So what does the perfect car look like?
[0:25:34] Well, I do use that phrase with our engineering design team that aspirationally we're in pursuit of the platonic ideal of the perfect car. And who knows what that looks like actually, but you want to try to make every element of the car as flawless as possible. And there will always be some...
[0:25:57] You're also the chairman of SolarCity, building out a network of solar panels and solar systems.
[0:26:18] And I can see why solar can make sense in a place like California, where it's sunny all the time, homes are big, a lot of roof space, you can lay out all the solar panels. But in a place like Hong Kong, densely packed, vertical cities, how can solar make sense here? Yeah, I think it's true that in dense cities, rooftop solar is not going to solve the energy need.
[0:26:46] But what you can do is have ground mount solar power, let's say, near Hong Kong, tapping into the existing power lines that are coming in. And so you can supply Hong Kong with solar power. We just need to be coming from a land area that's not too far away. And I mean, it's worth noting, certainly, China has actually an enormous land area, much of which is hardly occupied at all.
[0:27:14] Given that the Chinese population is so concentrated along the coast, once you go inland, the population in some cases is remarkably tiny. So you could easily power all of China with solar. All of China with solar? Easily, yeah. Yeah, no, no, easy. The world's most populous country. Yep, definitely. Wow. Yeah. Okay, let's...
[0:27:47] Let's go even more way out there and talk about SpaceX. You're the CEO of SpaceX, and you've said that your ultimate goal is to get humankind to Mars. I've heard your response to the question, but these guys need to hear it. Why is Mars important? Why does Mars matter? Sure. Well, I think it's really a fundamental decision we need to make as a civilization.
[0:28:11] What kind of future do we want? Do we want a future where we are forever confined to one planet until some eventual extinction event, however far in the future that might occur? Or do we want to become a multi-planet species and then ultimately be out there among the stars, among many planets, many star systems? And I think the latter is a far more exciting and inspiring future than the former. And Mars is the next natural step. In fact, it's the only...
[0:28:39] We really have a shot at establishing a self-sustaining city on. And I think once we do establish such a city, there will be a strong forcing function for the improvement of spaceflight technology that will then enable us to establish colonies elsewhere in the solar system and ultimately extend beyond our solar system. And so there's the defensive reason.
[0:29:02] Thank you very much.
[0:29:30] There have to be reasons why you get up in the morning. You can't just be solving problems. It's got to be something great that's going to happen in the future. We talked about this at length yesterday. It's not an exit strategy or a backup plan for humankind when Earth fails. It's also to inspire people on Earth and to transcend and to go beyond our...
[0:29:54] Mental limits of what we think we can achieve. Think of how incredible the Apollo program was. If you ask anyone and say, name some of humanity's greatest achievements in the 20th century, the Apollo program, landing on the moon, would in many if not most places be number one. When will there be a manned SpaceX mission and when will you go to Mars?
[0:30:22] We're pretty close to sending crew up to the space station. That's currently scheduled for the end of next year. So that'll be exciting with our Dragon 2 spacecraft. And then we'll have a next generation rocket and spacecraft beyond the Falcon Dragon series. And I'm hoping to describe the...
[0:30:51] That architecture later this year at the International Astronautical Congress, which is like the big international space event every year. So I think that'll be quite exciting. And in terms of me going, I don't know, maybe four or five years from now, maybe going to the space station would be nice. Oh, wow. And in terms of the first flights to Mars, we're hoping to do that in around...
[0:31:21] I'm sorry, in the year 2025. Nine years from now, thereabouts. Oh my goodness, that's just around the corner. Well, nine years. Are you doing zero gravity training? I've done the parabolic flights. Those have got fun. But you must be reading up and doing the physical testing to get ready for the ultimate flight of your life.
[0:31:52] I don't think it's that hard, honestly. I mean, just float around. It's not that hard to float around. But I know you've seen The Martian. We've talked about The Martian. It looks like the hardest thing anyone could ever do is there's getting there and also surviving and trying to anticipate everything that could go wrong and make sure it doesn't happen. You can tell I'm not going to be signing up for your manned space flights when they take place. Well, I do think going to Mars is definitely going to be...
[0:32:21] It's going to be hard and dangerous and difficult in probably every way you can imagine. But certainly wouldn't be, if you care about sort of being safe and comfortable, going to Mars would be a terrible choice. And this is at the heart of who you are because you, to quote Pink Floyd, you do not like to live a comfortably numb life.
[0:32:46] You know, you take on incredible risk to take on entrenched, big, established industries and to shake and rattle them up and to introduce something new. And it's so cool to watch. And I think that's why everybody here signed up to come here and to listen to you, just to hear more about that. People want to be more like you. Really? So, and for the fate of humankind, I think it would be great to have...
[0:33:16] More Elon Musks. So what do we need to do to become more like Elon? I don't know if it's, I think it maybe sounds better than it is. Yeah, you know, I mean, honestly, like, there's a friend of mine who's got a great saying about creating a company.
[0:33:42] Trying to build a company and have it succeed is like eating glass and staring into the abyss. What tends to happen is it's quite exciting for the first several months of starting a company, and then reality sets in. Things don't go as well as planned. Customers aren't signing up. The technology or the product isn't working as well as you thought. That can sometimes be compounded by a recession.
[0:34:12] It can be very, very painful for several years. So I think, frankly, starting a company, I would advise people to have a high pain tolerance. Yeah, yeah. And thanks for reminding us of the harsh, very harsh and brutal reality of launching a startup.
[0:34:32] There is that Elon Musk slash Tony Stark mystique. People think, Robert Downey Jr. modeled his character, Tony Stark, Iron Man, on you. It's easy. It's fun. You're a superhero titan of industry. But it's really hard. It's really difficult. And it's something that requires perseverance and grit. Do you fear that maybe in this generation or the younger generation that they don't have that?
[0:35:00] Perseverance and grit to take on these really tough challenges? I think some people do. But I think it is definitely true that, I mean, maybe there are occasionally companies that get created where there's not an extended period of extreme pain. But I'm not aware of very many of such instances. But I do think that...
[0:35:30] New great entrepreneurs are born every day and we'll continue to see amazing companies get built. But I would definitely advise people who are starting a company to expect a long period of quite high difficulty.
[0:35:57] People stay super focused on creating the absolute best product or service that really delights their end customer. If they stay focused on that, then if you get it such that your customers want you to succeed, then you probably will. You have to focus on the customer and delivering for them. Yeah. Make sure if your customers love you, your odds of success are dramatically higher. All the entrepreneurs in this room, they're listening to that message.
[0:36:27] And we're running out of time, so this is the final question. This is for the budding entrepreneurs in the room who could take an Elon Musk idea and run with it. Quite famously, Hyperloop was the idea that you had to give away because you just don't have enough time to deal with it. What are the other ideas that you have that you would love to see another entrepreneur just take on and go?
[0:36:49] Well, I think there's a lot of opportunity in general in electrification of transport, so electric aircraft. I think there's a lot of opportunity there. I think in genetics, although that's sort of a thorny area, but I think that's, in terms of solving some of the more intransigent diseases, genetics are really key to solving those. Something that I think people maybe...
[0:37:17] Only beginning to look at is establishing some kind of brain computer interface. A brain computer interface? Yeah, at the neuron level. So this is sort of intelligence augmentation as opposed to artificial intelligence. And I think that has a lot of potential. You mentioned this to me yesterday.
[0:37:44] I really had kind of no idea what you were talking about. And then I looked up Ian Banks, neural lace. That's right. And so it's this concept of wiring the brain. So it's either there could be a brain internet. And it could also mean that we can upload our thoughts to the cloud. You would never forget anything. And you wouldn't need to take photographs. Yeah.
[0:38:12] I know, it's incredible. I mean, you would never forget anything. You would expand your ability to process information, to remember information, right? But then when the denial of service attack happens... You've got to watch out for hacking. That could really be awkward. You've got to watch out for that. But also, then I read it can also be used to fight degenerative diseases like Parkinson's, too. Yeah, absolutely. Yeah, yeah. And I think it actually would be quite...
[0:38:42] Quite an equalizer as well. Because I think the delta between, it would sort of even things out, I think. You mean humankind? Yeah, yeah. There would be no education disadvantage. Everyone would be starting at the same level. Yeah. So there would be no meritocracy. No, there would be a new meritocracy. There would be, but the differences would be smaller. The delta would be smaller, probably. Wow. And you really welcome that kind of world.
[0:39:12] Welcome. You asked for predictions. Okay. Predictions are not the same as preferences. So, I mean, do I think something like that is likely to occur? I think probably. Wow. Wow, that's incredible. We could go on and on. Unfortunately, we have to wrap and leave it at that. Let's give it up for Elon Musk. That was really awesome. Thank you so much. Thank you. Thank you. Thank you, Christy, from CNN.
[0:39:42] The de facto game changer, Elon Musk. If I can invite you to both stay on stage for a moment, we're going to do a group photo. I'd like to please invite to join us on stage Mr. Greg So, Hong Kong's Secretary for the Commerce and Economic Development, along with all our distinguished speakers and our vertical champions, as well as our venue partner for the Start Me Up HK Festival. Come on up on stage, we're going to take a group photo together. I believe we're going to move the furniture briefly.
[0:40:15] Can I also please just make sure that we include these individuals, Matt Dooley, Renu Bhatia, Anson Bailey, Irene Chu, Andy Liu, Steve Monahan, Angie Ng, and the Brink team, Mickey, Christina, and Manav. We'll have to get in nice and close with each other.