Elon's $5 Trillion Bet, the End of Human Drivers, and Chamath's Market Warning | EP #242

Peter Diamandis (0:00)

Without question for me, the number one story this week was Elon's announcement of the TeraFab.

Dave Blundin (0:06)

This is the most important endeavor in human history by far.

Peter Diamandis (0:11)

In order to understand the universe, you must explore the universe. He's basically building a galactic factory. On the left is 20 gigawatts. It's the current global output, and just the audacity of Elon's vision.

Alexander Wissner-Gross (0:24)

It has tremendous geopolitical implications, as we discussed on the last pod. This could either accelerate or more hopefully mitigate World War III and a Chinese invasion of Taiwan.

Dave Blundin (0:35)

We're going to need all the compute we can create. In fact, I'm actually kind of worried. A self-driving car uses up basically a full GPU.

Peter Diamandis (0:41)

When is it going to become illegal for humans to drive?

Dave Blundin (0:44)

I think the thing that would make it later is purely the shortage of chips. Like the technology will be there, and the demand will be there long before the chips are there. Figure out how to do more compute with less silicon for this exact use case, and you'll be an instant billionaire.

Peter Diamandis (0:59)

I mean, we're heading towards a hundred trillion dollar company, maybe the largest, most important company on and off the planet. Can we get there?

Dave Blundin (1:09)

Now, that's the Moonshot, ladies and gentlemen.

Peter Diamandis (1:14)

Everybody, welcome to Moonshots, another episode of WTF, here with my incredible Moonshot mates, DB2 in Boston. AWG looks like you're on your home base as well.

Alexander Wissner-Gross (1:25)

I am, but without my saucer-separated Enterprise 1701D behind me.

Peter Diamandis (1:30)

Oh, yes. I've got, I contracted one of my boys to create, finally, finally, LEGO's come out with a Star Trek LEGO set. I'm tired of all the Star Wars LEGO sets. So yes, 1701D. And it does do a saucer-separation, but I'm not going to try it right now because disaster may follow. And of course, we have Dr. EXO Salim at his normal location at JFK. Salim, how you doing, pal?

Alexander Wissner-Gross (2:02)

Salim is gone.

Peter Diamandis (2:04)

Oh, okay.

Dave Blundin (2:05)

Well, so much for that.

Alexander Wissner-Gross (2:08)

Yeah.

Peter Diamandis (2:08)

That's as, you know, listen, we try to be mobile. We're all dedicated to this podcast, but let's continue on because the Singularity is not going to wait. So today, we're working to get you future ready. A little bit of a format change. We're going to be having some deeper conversations about a more limited number of subjects, still covering the news that's breaking right now. And there is a lot. But our mission is to get you excited about the abundance that's coming, show you the opportunities that are coming to you, whether you're an entrepreneur, an investor, a student, a parent. And really, this is the time to be paying attention to the supersonic tsunami, the most important tech in the world. And hopefully, this is your number one podcast on AI and exponential tech as well.

Dave Blundin (2:57)

Honestly, Peter, there's more in here than ever before. It's bundled into themes that we can discuss. But if you just look at the raw news story count, it's as you would expect, exponentially exploding.

Peter Diamandis (3:10)

You know, our goal, all of us, is to make sure that as we're talking about this on Moonshots, that it's meaningful to the listeners, gets you excited, gives you context, helps you think about this in a different way. Let's jump in. Without question for me, the number one story this week was Elon's announcement of the TeraFab. He's basically building a galactic factory. Think of this as putting all the parts of his Lego puzzle together in an extraordinary fashion that is going to create massive capabilities. So let me hit these quick points and then we'll jump in and discuss it. So the TeraFab is an objective across Tesla, XAI, SpaceX to build one terawatt of AI compute per year. To put this in context, the global output today is 20 gigawatts of AI compute. Again, we're measuring AI computation in terms of power, not just chips anymore. So Elon wants to build 50 times the current production rate of the planet. He's building two kinds of chips, an edge inference chip for robots and cars, but also a high-power rad hard for his space Dyson Sphere that is coming online. The fab is in Austin and it looks eventually like 100 million square feet of capacity.

One terawatt in the near term, near term, you know, single digit years. Long term, a petawatt gets you only there from lunar mass drivers. Salim Ismail has joined the story. Hey, Salim, good to see you, pal.