So is the meatspace really the meatspace, or are we all just living in some computer simulation? We’re most likely in the real meatspace. His reasoning (which he apparently debated in hot tubs so much that the debate became off-limits for hot tub discussion) is based on philosopher Nick Bostrom’s “ Are You in a Computer Simulation?” paper. He made the statement in response to a question by journalist Josh Topolsky at Re/code’s annual Code Conference. Musk means the reality that isn’t a computer simulation. “There’s a one in billion chance we’re in base reality.” The Tesla and SpaceX entrepreneur's net worth has crossed 185bn (136bn) after an increase in the. In celebration of Musk’s big year and 45th birthday, here are the ten craziest things Musk has said so far in 2016. Elon Musk has just become the richest person in the world, overtaking Amazon founder Jeff Bezos. Whether it’s a prepared speech, an interview, or a tweet, you can always count on Musk to deliver far-reaching theories and the straight up strangest statements. While he was accomplishing all of that (and more), Musk also solidified his position as one of the tech world’s most memorable speakers. It’s only halfway through the year, and the real-life Iron Man has landed a rocket on a drone ship, set a reservation record for the Tesla Model 3, and shut down accusations from plenty of Tesla haters. "Bear in mind, every commodity is a royal pain to own because it has totally unpredictable and shocking drops along the way.Elon Musk has had a busy 2016 so far. But it will be the sector of the economy that drives more growth than anything else." (Grantham was referring to companies working to combat climate change.)ĩ. It doesn't mean there won't be financial problems, it doesn't mean there won't be bubbles. "It will dominate the portfolios of the rest of your lives. That phase at least is over." (Grantham was welcoming increased awareness and acceptance of climate change.)Ĩ. When you see something terrible coming down the pipeline and nobody taking it seriously, that is a bit of a nightmare. "It's woken everybody up, and it was like dealing with sleepwalkers before that. This is the area with the wind in your sails, and to fight it would be a terrible mistake."ħ. They will have an incredible top-line revenue growth, driving forward like Tesla and electric vehicles versus dopey VWs and old-fashioned cars. I'm very nervous about an eventual financial trouble."Ħ. All over the world, the last 20 years of declining mortgage rates have driven real estate to really crushing high multiples of family income, so high that young people can't buy a house. "I would be very careful with real estate. This was probably one of the great speculative events of all time."Ĥ. There was nothing at that scale in 1929 or 2000. This company that had four years before it had a product - forget profits or sales - was selling for more than General Motors or Panasonic. It came as a SPAC, which I hate, I think they should be illegal. "The US equity market, led by the growth stocks, became a frenzy of meme starts and craziness, led incidentally by the biggest investment I ever made in a startup, QuantumScape. So it's a head fake, but it's a hell of a head fake."ģ. The problem is prices are incredibly high and basically the economy is beginning to unravel. "A dozen giant American stocks have had a hell of a run on the back of AI, and that has certainly created the impression that it's game over.
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