“People Should Focus on Innovation and Technology”, Elon Musk

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Elon Musk: “We should have fewer people doing law and fewer people doing finance and more people making stuff.” 

Tesla CEO Elon Musk said people should focus on innovation and technology instead of starting careers in finance and law.

Elon Musk gave his point in an interview with Joe Rogan. He said: “In the United States especially, there’s an over-allocation of talent in finance and law. Basically, too many smart people go into finance and law.”

Rogan asked if being a billionaire makes people see him in a different light?

Elon said “yes”.

Elon: “In recent years, the billionaire has become a pejorative like that’s become a bad thing, which I don’t think makes a lot of sense in most cases.”

Elon said that he distinguished people who became rich by creativity by founding a company that builds things not those who earned their wealth through financial engineering. “If you organize people in a better way, to produce products and services that are better than what existed before and you have some ownership in that company, that essentially gives you the right to allocate more capital.”

Elon: “So this is both a compliment and a criticism. We should have fewer people doing law and fewer people doing finance and more people making stuff.” 

He is also showed his concern about the future of AI. He said, “The danger is going to be more humans using it against each other, I think, most likely, that’ll be the danger, yeah,” he murmured.

Elon: “Making a car is an honest day’s living, that’s for sure.”

He also addressed in his recent Tweet to sell the majority of his physical possessions “I am selling almost all physical possessions. Will own no house”

Elon said that he has a bunch of houses, but he doesn’t spend time in most of them and, “That doesn’t seem like a good use of assets. Somebody could probably be enjoying those houses and get better use of them than me.”

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