HOW ABUNDANCE WILL CHANGE THE WORLD - Elon Musk 2017

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  • Published on:  12/3/2017
  • This is a summary of everything future discussed at the Singularity University summit 2017, Ted talks with Elon Musk 2017, World Government Summit 2017 and Peter Diamandis views on HOW ABUNDANCE WILL CHANGE THE WORLD as we know it.

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    Links:
    https://www.youtube.com/watch?v=3cXPW...
    (Singularity university summit - Peter Diamandis)
    The demonetization of living
    Maslows pyramid of needs are trending towards 0-cost
    Abundance and nanotechnology (nanobots)
    Raw material cost + energy cost + Information = COST 3:47
    In the back of abundance 4:00
    Most people will have devices for free so that you can buy stuff from them and they can collect data 7:00
    Data is the new gold 7:30
    Free content 1b hours of free content pr day.
    8000X more energy hitting the surface of the planet than we consume, and the poorest have the most sun 8:00
    solar roads 9:30
    2.9 cents pr kWh
    Giga factory in Reno 10:00
    cars from 1904 to 1917 100% switch 11:00
    by 2025 car ownership will be dead: 12:20
    autonomy will demonetize housing 13:20
    house being 3d printed 14:26
    literacy to basic reading writing in 18 months 16:03
    demonetization of healthcare, deep learning protocols 17:00
    Watson diagnosed rare leukaemia 18:00
    Cost of genome sequencing Morse law 19:05
    Sequenced when born, stop what you will get sick from before people get sick
    Surgery 20:00
    Rapidly demonetizing trends everywhere 21:30
    Not scared of AI terminator 23:00
    Job loss 24:00
    Demonetize the cost of living, (education, entertainment, food etc)
    Psychological impact to losing job 24:30
    AI software shells 27:30 within ten years
    UBI Universal Basic Income

    https://www.youtube.com/watch?v=zIwLW...
    (Elon Musk Building)
    10fold improvement in cost of digging pr. Mile
    no sound
    The boring company
    Autonomy brings more cars on the roads
    Every big car company has announced electric cars within 10 years 12:00
    By the end of 2017 self-driving coast to coast 15:00
    Free self-driving cars 19:30
    Self-driving trucks tesla semi out torc any diesel semi uphill 20:30
    Solar panels 22:00
    Most houses have enough roof area to power all the needs of the house 25:30
    Giga factory 100 27:00
    100 gWh pr week
    1 build announcing another 5 this year 29:00
    reusability rocket 33:00

    https://www.youtube.com/watch?v=rCoFK...
    (Elon Musk World Government Summit 2017)
    Multi planetary species is life insurance for life collectively 2:30
    Ten years from now full autonomy cars will only be build 8:30
    Elon building tunnel under Washington 14:20
    3d building, 2d road network 16:00
    12-15% driving as a job 18:20
    over 2B vehicles in the world 19:00
    100M total new vehicle production cap 19:00
    life of car 20-25 years 19:00
    Prepare government for the future 20:00
    AR regulation
    Transport 21:00 electric over 30-40 years
    Demand for electricity will increase rapidly. Total energy usage = 1/3 electricity 1/3 transport 1/3 heating over time that will predominantly be all electricity 21:30
    Universal basic income, no choice 22:50
    Fewer and fewer jobs that a robot cannot do better
    The output of goods and services will be extremely high with automation, so they will come abundance and come really cheap.
    The harder challenge is, how do people then have meaning?
    To some degree we are already a cyborg 25:21
    Reusable rockets, cost to fly close to plane 29:00

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Comment

  • Phil W (Dec 6, 2017)

    I personally don't think people will abandon the concept of ownership, but I do think we will become a post scarcity society where everyone has all they need.Many science fiction books try to cover this topic, my favorite is Iain M Banks Culture series which is where Spacex got it's drone ship names (of course I still love you and just read the instructions) as well as his concept for the Neural Link brain-computer interface device the neurallace.I think the most important core principal to build in...

  • WildWeeBear (Mar 16, 2019)

    Nobody's arguing that ownership will be abandoned - what's being said is that the basic needs for human life will become demonetised due to technological advancement creating a complete abundance of resources.

  • The Devil's Advocate (Mar 10, 2019)

    How will you get rid of greed

  • Oz Ramos (Dec 10, 2017)

    7:00 Chris Anderson to Elon Musk on the efficiency of the Gigafactory:Anderson: "I mean, is that sped up or...?"Musk: "That's the slowed down version."

  • irishguy13 (6 days ago)

    That was a slowed down version because they just couldn't figure out how to film it in a way that conveys the true speed? Can you say charlatan?

  • Darion D'Anjou (Dec 16, 2017)

    that question was clearly a pre setup softball pitch. but it was still cool!

  • Inigo (Mar 26, 2018)

    I think it's kinda messed up that people think that your job is the most important thing in your live. What about hobbies? You know.. Doing the thing you *really* love! Everyday. Without the need to worry about money. that to me sounds like paradise.

  • Nathan Griffioen (Feb 27, 2019)

    +Owain I work at a bank. It sounds super boring and I know that a lot of people have negative perceptions of banks but being in the bank has shown me that not all are massive corporations trying to steal money. I enjoy my job so much because I am privileged enough to be able to hear peoples' dreams, needs and struggles and I get the chance to advise them and guide them towards it. It can be difficult but It is very rewarding.

  • bholdwick (Feb 19, 2019)

    inigo is a millennial!

  • Finn K (Mar 6, 2018)

    And just to be clear, the PROBLEM IS GREED, not capitalism. Soviet Communism? Failed because the ones at the top took too much money💰 for themselves. Abundance? Will fail because it will likely favor the rich, not the poor.AS LONG AS WE HAVE GREED, WE WILL FAIL TO BE ETHICAL/SUSTAINABLEPOWER IS NOTHING WITHOUT RESPONSIBILITY

  • Lingo lu (Feb 22, 2019)

    True, we could prob make a sustaniable futuristic town but greed

  • Brian Abisdid (Nov 11, 2018)

    +Adnan Qureshi Until somebody hacks into their system and then dun dun dun.....

  • YorkshireD (Jun 9, 2018)

    The elite will never agree to demonetisation. demonetisation equals the deletion of classes.

  • Tanya Peoples (3 days ago)

    YorkshireD respect your elders

  • Joseph Chomba (Mar 15, 2019)

    YorkshireD you right, history always repeats itself

  • Alex (Jun 13, 2018)

    The majority of People hates their job. Something you hate shouldn't be the thing you identify through. And it is just a tragedy that we are forced to spend the majority of our time doing something we hate.

  • Chuffpup (Dec 11, 2017)

    I'm 56 years old, and in the 70s I was told at school that by the year 2000 no one would need to work. Everyone would have all they needed for life, and we would be flying around in little bubble cars. I'm serious. We really believed this bullshit, and the "best minds" of the time were adamant that the 21st century was going to be a time of plenty, and the biggest problem would be how to spend your leisure time. What happened? It came true for a tiny minority, but for most people things got w...

  • The Devil's Advocate (Mar 10, 2019)

    There are too many people

  • Radioactive Gamer (Mar 1, 2019)

    LOL Just like how the 80's believed we'd have flying cars by now. lmao

  • ALBERT EINSTEIN (Dec 27, 2018)

    "That's you're woman" stuck out amongst all that futuristic information. Lol.

  • [hyrizen] (Dec 6, 2018)

    If it were even possible to create a utopia, there will be people that will burn it to the ground just to see what would happen

  • Lingo lu (Feb 22, 2019)

    Police...

  • Alessandro Morelli (Dec 12, 2018)

    Dostoievski's underground man

  • perseverance8 (Mar 4, 2019)

    The energy issue needs to be solved, I feel something like LFTR, a type of nuclear reactor.