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FULL REMARKS | Elon Musk And Nvidia's Jensen Huang Discuss AI And Furture Of Technology | N18G - AI Summary, Mind Map & Transcript | CNBC-TV18 | YouTubeToText
YouTube Transcript: FULL REMARKS | Elon Musk And Nvidia's Jensen Huang Discuss AI And Furture Of Technology | N18G
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This discussion highlights a strategic partnership between Saudi Arabia and the United States, focusing on the acceleration of the Artificial Intelligence (AI) and robotics industries. It explores the transformative potential of AI and robotics to revolutionize economies, create new industries, and fundamentally alter the nature of work, with a long-term vision of making work optional and shifting human focus to innovation and creation.
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SpaceX, founder of XAI, and Jensen
Huang, founder and CEO of Nvidia. [music]
Please, please have a seat. Now, I'm
sure we can do a bigger round of
applause for one of the greatest two
leaders of our history. Let's go ahead. >> [applause]
>> [applause]
>> So, we're talking about I lost count,
you know, 7 to8 trillion dollars worth
of market cap comp. I lost count. But
right now, we're here to celebrate a
historic moment. A moment that yesterday
during the dinner and thank you for for
joining us under the patronage of the
honorable president and his royal
highness the crown prince Musedi where
we had the pleasure to hear it
firsthand. This is the greatest alliance
between the Kingdom of Saudi Arabia and
the United States where we have joined
hands and you have helped us build our
energy based economy fueling and
energizing the industrial age and now
fast forward going to the intelligence
age where we can fuel AI factories
robotics EVs and all of the rest.
Speaking of that, let's start with you,
Elon, if you don't mind, Jensen. And
feel free to chive in. You have a big
fascination of something all of us have
admired, first order thinking, which
Jensen sometimes calls first order
scaling, which is an opportunity for how
you have dropped the cost of batteries
from a,000 for kilowatt hour to sub
hundred bucks. And right now you're
doing the same thing with robotics for
actuators with servo rotors and motors.
So I want to hear from you. How do you
manage to always disrupt every single
industry with that thinking?
>> Well, it's mostly not disruption, it's
uh creation. So with uh say SpaceX with
reusable rockets, uh there really
weren't any reusable rockets. Um,
but the essence of getting of
revolutionizing space travel is
reusability. If you throw the rocket
away every time, the cost of access to
space is extremely high. Um, with
respect to electric cars, there there
weren't any electric cars when we
started making them really. You couldn't
buy any to the best of my knowledge. Um,
so with Tesla, we wanted to make
electric cars compelling um, and
affordable. That was the goal. Um the uh
you know with respect to humanoid
robotics, there are no useful humanoid
robotic robots at this point. Um there
are sort of gimmicks, but there are
there are no actually useful humanoid
robots. Um and I think Tesla's going to
make the first actually useful humanoid
robots. Um and this will be quite a
revolution and I think something that
will that everyone will want. Uh because
I always think of like who who wouldn't
want their own personal C3PO R2-D2.
>> Oh yeah,
>> of course everyone would want one,
right? And and then there would be many
in industry uh providing products and
services. This is why I say that
humanoid robots will be the biggest
industry or the biggest product ever.
Um, bigger than cell phones or anything
else because everyone's going to want
one. And uh, or maybe more than one and
there will be many in industry. Um,
>> I just want R2-D2 in C3PO's body.
>> Yeah, there you go. Um,
>> well, I mean, a humanoid robot would be
better than R2-D2 and C3PO combined.
Yeah. Times 10.
>> Yeah. So the it and and you know people
often talk about uh sort of eliminating
poverty and that kind of thing but
really the there's how long have they
been talking about that? Um there's lots
of talk uh you know there's lots of
NOS's sort of trying to do these things
but but really not succeeding. Um and
and and you know the evidence speaks for
itself. Uh but but but AI and humanoid
robots will actually eliminate poverty.
And Tesla won't be the only one that
makes them. I think Tesla will pioneer
this. But there will be many other
companies that make humanoid robots. But
there there is only basically one way to
uh make everyone wealthy and that is AI
and robotics.
And we can't talk about robotics without
AI factories. And yesterday was such a
historic day for the two nations but
also for all of us where we celebrate
the AI strategic partnership with the US
s signed witnessed by the honorable
president and his royal highness about
how we are committing our capital energy
land to energize the AI US ecosystem to
be able to build inference node training
nodes and to be the most AI enabled
nation with that announcement. Tell me
what's what's next in AI factories. Jensen,
Jensen,
>> there there's a there's a beautiful
story about how Saudi Arabia's building
AI refineries now building AI fac or oil
refineries to AI factories.
>> I love that.
>> I you know I've said that that AI is an
infrastructure and the reason for that
of course we understand AI from the
perspective of the technology and how
it's revolutionizing every industry.
Digital intelligence of course has
applications into every every field and
so it's going to be used by every
company, every industry, every country.
In that way it's foundational and
therefore it's part of infrastructure.
What is new about AI from a computer
science perspective is that the way
computing was done in the past was
largely retrievalbased computing.
Somebody typed in a story or somebody
created a a piece of art or came came up
with four versions of a digital ad or
it's all pre-built by somebody which is
then using a system to retrieve the
appropriate version for you. It's a
retrievalbased computing model. Hadoop
and many of the the the frameworks and
operating systems of the past all
designed to retrieve the appropriate
information for you. But today software
is going to be generated in real time.
It's generative based on the context,
based on the circumstance, based on who
you are, based on the problem you ask
that based on your prompt. It will
generate unique content for you every
single time for everybody. It's unique.
When you use Grock, every time you use
it is different just based on the right
based on based on the based on the
prompt that you give it and based on the
circumstance and and so therefore it
used to be retrievalbased
today it's generative and if it's
generative then and every time is
different then you need AI factories all
over the world to generate the content
in real time which is the reason why you
need AI factories and and this is a
unique way of doing computation but the
benefit of course is that Everything
isn't preconceived and pre-documented
and it's it's contextually s
contextually sensible and and therefore intelligent.
intelligent.
>> So AI factories and robotics and we
heard it yesterday from his royal
highness his vision how to augment our
workforce with roughly tens of millions
of robotics to be able to infuse the
next wave of productivity and progress.
But this scares a lot of folks here when
it comes to the future of jobs. So let's
hear about your thoughts uh Elon and
Jensen on that.
>> Uh sure. Well
um you say like in the long term where
will things end up long term? I don't
know what long term is. Maybe it's
10 20 years something like that. For me
that's long term. Um my prediction is
that work will be optional. >> Optional.
>> Optional. >> Optional.
>> Optional.
Um so
>> we'll take that.
>> Yeah. I mean it it'll be like uh playing
sports or a video game or something like
that. Um if you want to work uh you know
in the same way like you can you can go
to the store and just buy some
vegetables or you could grow vegetables
in your backyard. It's much harder to
grow vegetables in your backyard but
some people still do it because they
like growing growing vegetables. Um that
will be what work is like optional. Um
now between now and then there's
actually a lot of work to get to that point.
point.
>> Mhm. Um, and I always recommend people
read read Yin Banks uh culture books to
get a sense for what a probable
positive AI future is like. Um, and
interestingly in those books, money is
no longer doesn't exist.
It's kind of interesting and I I my
guess is in in if you go out long enough
assuming there's a continued improvement
in AI and robotics which this seems
likely the money will will will stop
being relevant at some point in the
future. Um now there will still be
constraints on power like electricity
and mass uh the fundamental physics
elements will still be still be
constraints. Um but um I think at some
point uh currency becomes irrelevant.
>> Jensen, any thoughts? >> Um
>> Um [laughter]
by the way, the Nvidia earnings call is
later today. [laughter]
>> And by the way, since currency is relevant.
relevant.
Elon just wants to share with you some
[laughter]
The two of us who like to share some
breaking news. Uh let's see. I I would
say I would say there there's um
different horizons you could look at.
Everybody's jobs will be different. That
I think that that's for sure. Uh how how
the students learn will be different.
um uh how people do their work will be
different obviously because a lot of the
things that that we do mundanely or
arduously or very difficultly are going
to be done very simply and and so we're
going to be more productive from that s
from that sense one of the things that I
will say is that for most people or a
company if some if your life becomes
more productive
and if the things that you're doing uh
with great difficulty becomes simpler it
is very likely because you have so many
ideas, you'll have more time to go
pursue things. It is my guess that Elon
will be busier as a result of AI. I'm
going to be busier as a result of AI.
And the reason for that is because we
have so many ideas we want to pursue, so
many things that that we still have in
our backlog inside our company that we
can go pursue. If we were more
productive, we can get to those things
faster. And so in the near term I would
say that that there is every evidence
that that we will be more productive and
yet still be busier because we have so
many ideas. One thing that I will say
give you give you some evidence is that
uh and I was just telling Elon about
this earlier radiology for example has
largely been uh converted to AIdriven
radiology and there's some really great
companies doing that and the surprising
thing is the prediction that all
radiologists would be the first jobs to
go was exactly the opposite. The trend
shows that there are more radiologists
being hired now as a result of AI. And
the reason for that, if you take a step
back, it's because the goal of a
radiologist is not to study the images.
The goal of a radiologist is to diagnose
a disease. Now, the studying of the
images became so productive. They could
study more images, study more
modalities, spend more time with the
patients. And as a result, they were
actually accepting more patients. We're
doing more radiology all around the
world. We're doing a better job with
diagnosing disease. And so that's that's
kind of the the nearterm near uh outcome
of of uh AI and productivity. And and
we'll see we'll see what happens long
term. You know, I I
when when currency doesn't matter
anymore, just, you know, let me know
right before.
>> You'll see it coming. [laughter]
You'll see it coming like like
>> we text often so just
>> Yeah, we do.
>> Yeah, just text it off. Yeah, let me
know. I kind of I kind of agree with
with both of you because if you look at
every technological trend, every general
purpose technology has been net new
positive for for the globe for humanity
and so forth. And let me share with you
two and your excellency I think it's
precisely the reason the reason for that
is because all the great ideas from from
innovators like Elon that you have so
many good ideas
>> that Jason as well.
>> Yeah. Well, you know, thank you. So let
me sh sh sh sh sh sh sh sh sh sh sh sh
sh sh sh sh sh sh sh sh share with you
two stories from two Saudi innovators in
collaboration with a lot of great the
great work that Nvidia does that Grock
does. One is Professor Omaragi.
Omaragi.
All right. Let [clears throat] me say
that again.
Professor Omaragi
>> I might need to might need to move the mic.
mic.
>> All right.
>> Hey, come on. We'll share this one. All
right. [laughter] So now
>> get closer.
>> Let's let's let's try this one more
time. So one of them is professor
Omaragi who's the first American Saudi
to win a Nobel Prize in creating new
chemistry. And the way he has done that
he has leveraged your AI accelerators
and models like Grock to be able to
create new chemistry when it comes to
metal organic frameworks. Those are
metal ions that are positively charged
with organic linkers to be able to
effectively create a sponge with 33
nanometers pores to capture water from
air and also to capture carbon dioxide.
The second story has also to do with AI
accelerated by Nvidia and with models
like Brock which is nanop which is
effectively creating a nano robot 500
nanometers by a,000 nanometers to be
able to do gene editing leveraging the
crisper technology to take out cickle
cell disease. Now in both these
instances they originated 20 years ago
in research but AI was able to really
accelerate the outcomes and the outputs
such that we can move into new value
pools. So I think with every
technological trend humanity is going to
always manage to shift to new value
pools when it comes to workforce and
productivity. But we have some great
announcements to talk about here today.
Let's begin with you Elon. the things
that we're doing with XAI. Uh yeah,
we're excited to announce that um we're
doing a a a uh a 500 megawatt I mean
yeah 500 sorry
>> 500 megawatt
>> 500 megawatt yeah
>> we're doing 500 megawatt >> sorry
>> sorry
>> yeah yeah yeah 500 gawatt one will have
to wait um so um
>> that that'll be eight bazillion trillion
dollars um [laughter]
Not that.
>> Uh [laughter]
>> so yeah, we we're we're doing a um XCI
and the Kingdom of Saudi Arabia are
doing a a
>> Humane 500 megawatt starting with 50
megawatt phase one and we're doing it
with Nvidia. Congratulations to the
Humane team to target team. Such a
fantastic job. Jensen, I think we're
also doing some great announcements uh
this week.
>> We are.
>> Yeah. [laughter]
Well, we're we're announcing we're
announcing all kinds of things. Um, uh,
our partnership with Humane is is going
incredibly well. First of all, uh, we
we, uh, work together to get this
company started and off the ground and
just got an incredible customer with Elon.
Elon.
Could you imagine a startup company
approximately 0 billion in revenues now
going to uh, build a data center for
Elon? Uh, 500 megawatts is gigantic. uh
this company is off the charts uh right
away. Uh in addition to that, we're um
uh working working uh AWS as you know is also
also
>> congratulations to the humane team with AWS
AWS
starting with 100 megawatts with a
gigawatt ambition and uh counting.
>> So AWS is also coming to Humane. Uh
we're working with uh Humane on
Omniverse uh digital twins. uh as you
know that AI is not just well just
agentic AI and chat bots and uh
cognitive AI is incredibly important to
the world. Uh but AI applies to
everything chemicals and proteins and
genes and physics and fluid dynamics and
particles and of course robotics and
activation and um and we created this
world called Omniverse where robots can
learn how to be good robots and and it's
physically based. that obeys the laws of
physics and so robots can learn in these
environments and we're working with
Humane to apply Omniverse to all kinds
of uh digital factories and robotics and
warehouses and things like that. And so
that's that's another uh we're we're
also working uh in Saudi Arabia to build
supercomputers to simulate quantum
computers and and uh uh using our
computers to be the controller and the
error correction quantum error
correction requires an enormous amount
of computation and so so we're doing a
lot of great work there too. So a big
partnership with Humane they're off the
charts um off the ground and off the
charts at the same time. This is how we
walk the talk in the Kingdom of Saudi
Arabia in partnership with the US.
Yesterday, the president and his Royal
Highness announced the AI strategic
framework and partnership. Today, we're
going big with Elon and Jensen. So,
thank you for those opportunities. [applause]
Now, they they told me I have time for
two last questions. So last night at the
dinner I got a number of questions
because it seems that the schedule
leaked and uh everybody was giving me
hints about the last two questions I'm
going to do. So the first one was for
you Elon and there's a big one for you
Jensen. So prepare for that one.
AI in space is that possible?
Uh yes, if if civilization continues,
which it probably will, uh then AI in
space is inevitable. Um
Um
um you know, I always have to like
preface that, you know, we shouldn't
take civilization for granted. We we
need to make sure to take care to ensure
that civilization hasn't an upward arc.
I mean, any student of history knows
that civilization does not always have
an upward arc. And in fact,
civilizations have life life cycles. So
hopefully we are in a strong upward arc.
I think we are for now. Um but we don't
want to take that for granted or be
complacent. Um but the in order to the
way to think of AI in space is that in
order to achieve any meaningful
percentage of a cottage 2 scale
civilization where you're using even a
millionth a millionth of the sun's
energy you must have solar powered AI
satellites in in deep space. Um so so
that once you realize like once you
think in terms of a kadeshv two scale
civilization which is what what
percentage of the sun's energy are you
turning into useful work um then you
then it becomes obvious that space is
overwhelmingly what matters
overwhelmingly the the sun only receives
one roughly 1 billionth of the earth
only receives roughly u two billionth of
the sun's energy
So if you want to have something that is
say a million times more energy than
Earth could possibly produce,
>> you must go into space. It's and and so
um you know this is where it's kind of
handy to have a space company, I guess,
um sell the book.
>> Easier to cool chips in space, too. >> Yes.
>> Yes.
>> Easier to cool chips in space. Yeah.
>> Yes. There's definitely no water in
space, so you're going to have to do something.
something. >> Yeah.
>> Yeah.
>> Uh that doesn't involve water.
>> Just hang out.
>> Well, it's you just got to radiate.
>> That's right. >> Um
>> Um >> so
>> so
my estimate is that actually that that
that the cost of of electricity like
like the cost effectiveness of AI in
space will be overwhelmingly better than
AI on the ground. So far long long
before you uh exhaust potential energy
sources on on Earth. Long long before
meaning like I think even perhaps in the
four or five year time frame the lowest
cost way to do AI compute will be with
solar powered AI satellites.
So I'd say not more than 5 years from now.
now.
>> Wow. And just look at the supercomputers
we're building together. Let's say each
one of the racks is two tons. Out of
that two tons, 1.95 of it is probably
for cooling, >> right?
>> right?
>> Oh, yeah.
>> Just imagine how tiny that little
supercomput is, right? Each one of these
GB300 racks will just be a little tiny thing.
thing.
>> And and just electricity generation is
is already becoming a challenge.
>> Um so if if you start doing any kind of
scaling for both electricity generation
and cooling, um you realize, okay, space
is incredibly compelling. Um so
like let's say you wanted to do um I
don't know two or 300 gawatt per year um
of of AI compute.
>> Um it's very difficult to do that on
Earth. Uh the so the the uh US average
electricity usage uh last time I checked
was around 460 gawatts per year average
usage. Um so so something like say uh
you know at three 300 if you're doing
300 gawatts a year that would be like
twothirds of US electricity production
per year.
>> There's no way you're building power
plants at that level. Um and then if you
take it up to say a terowatt per year
impossible. Yeah.
>> Like you have to do that in space.
>> There there just is there just is no way
to do a terowatt uh per year on Earth. Um
Um
and uh and and in space you you've got
continuous solar. Um you've got uh you
don't you actually don't need batteries
because it's always sunny in space.
>> Right. Exactly.
>> Um and um and and the solar panels
actually become cheaper because you
don't need glass or framing. Um and the
cooling is just radiative. So that's
that's why I think
>> that's the dream. >> Yes,
>> Yes,
>> that's the dream. So Jensen, everybody
last night was asking me, and I'm
mindful it's a earnings uh call for you
today. So I'm going to say this
delicately. Everybody has been asking me
to ask you, are we going to have an AI
bubble? [laughter] That's the last
question. All right, let's No.
All right, let me see. Well, let me just
hear you what we see. Okay, so so I I
think it's really important when you
look at what's happening around the
world and go back to first principles of
what's happening in computer science and
computing. There are three things that
that's happening. The first thing is
that we all know that Moore's laws run
its course and the ability that the
amount of demand for computing versus
the amount of computation we can get out
of general purpose computing is really
challenging. And so the world's been
moving to accelerated computing for some
time. We've been pushing this now for
some over 20 years. Let me give you one
statistic. I was just at supercomputing
six years ago. uh
CPUs were 90% of the world's
supercomputers, top 500 supercomputers 6
years ago. This year less than 15%.
Went from 90% to 10%. And meanwhile,
accelerated computing went from the
other way, 10% to now 90%. Okay, so
you're seeing that inflection point, the
transition in high performance computing
from general purpose computing to
accelerated computing. Well, one of the
one of the most data intensive one of
the most intensive computation things
that the world does in cloud is data
processing. Several hundred billion
dollars of computation is done on just
raw data processing has nothing to do
with AI just SQL processing data frames
you know everybody's names address their
their sex their their age where they
live you know how much money they make
all of that sits into a data frame and
that data frame drives the world today
whether it's in banking or you know
whether it's in credit cards or of
course e-commerce and uh everything from
ad recommendation and everything is
driven off of that data frame that data
frame cost hundreds of billions of
dollars to go compute and so that's the
number one thing end of mors law the
second thing is generative AI what the
the the most important application of
the last 15 years is called rexes
recommener systems how do we know what
information to recommend to us uh in a
social feed how do you know what ad to
recommend to somebody uh what book to
recommend what movie to recommend the
world is the internet is so gigantic
without a recommener system that a
little tiny of us will have no chance of
ever seeing the right information. That
Rexus is the engine of the internet
today. That's going generative AI. It
used to be running on CPUs now runs on
GPUs. Which then says the third thing
when if you just look at those two applications,
applications,
many of the internet companies can build
enormous number of GPU supercomputers
just doing that. Of course, then it
creates this the third opportunity on
top of it which is agentic AI. this is
Grock and this is open AI this is
anthropic you know this is Gemini
agentic AI sits on top of that but don't
you know don't forget to think about
what is happening
above underneath what everybody sees as
AI today there's a whole movement of
computing from general purpose computing
to accelerated computing and that if you
just if you take that into consideration
you'll come to the conclusion that in
fact what is left over to fuel that
revolutionary agentic AI is not only
substantially less than you thought and
all of it justified.
>> Well, I was just informed by the team
that my boss and your bosses is going to
talk next. The honorable president and
his royal highness the crown prince and
hence we ran out of time. But in essence [applause]
[applause]
this is such so much love for you Elon
and and Jensen. But this in essence is a
92 alliance
that shifted from energy to digital to
the intelligence age powered by pioneers
such as Elon and Jensen to serve
humanity and create on a net new basis
new economies, new jobs and a better
future for humanity powered by the
Kingdom of Saudi Arabia and the United
States. Thank you for our lifetime
partnership and friendship. Thank you
Elon. Thank you Jensen.
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