The Hated Tesla Bot & AI | Everything JUST Changed [TSLA Stock].

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lifetime access for your life well this

is one small step for Tesla but one

giant leap for mankind and there is

literally nothing to hide at Tesla

anymore they got naked not only with

their intellectual property but all like

all of the Innovation that they're

working on but also the fact that

they're basically going to be knocking

on the door of competing against Amazon

web services in the future with their

Dojo super computer but that's probably

not what you expected that I would start

by talking about even though that came

up and just blew my mind because Tesla's

already in so many crazy verticals from

solar panels to batteries to cars to

Insurance to Robo taxis and Video Vision

or artificial intelligence really

remarkable but I really want to start by

talking about what everybody's most

interested in and that is the Optimus

robot and the 11 million us Factory

workers who might start either learning

a skill set now because in a few years

they might start getting replaced by

these robots or they just start

quivering hoping Universal basic income

comes flying in because the reality is

this Tesla bot has some really

interesting uh

implications for the future of America

and quite frankly the world and we're

going to talk about those now I do want

to start by saying there is going to be

a lot of hate for this Tesla bot online

a lot mostly because there is this

company called Boston Dynamics they sell

a 75 000 robot that's a little dog this

is this little yellow dog called spot

that has sort of a little Grabber on the

front and can kind of walk around be

remote controlled and do things but this

is a company that actually has done

really well at manufacturing robots with

really powerful actuators that that can

actually make these robots quite

flexible and pretty darn impressive uh

and and so while some people wonder like

hey like are some of these robots

actually real and some of the things

that these robots can do real the

reality is busted Dynamics has done some

real and very very incredible things

that everybody pretty much on Twitter is

going to be comparing Tesla to so we

have to kind of start by just saying

there's some major differences between

what Tesla is doing and Boston Dynamics

I don't think any Tesla bot review video

is going to be complete without

addressing the fact that when you see a

robot like this from Boston Dynamics

which is a 30 year old company the

product that they sell is a robot that

costs 75 000 and it's a dog but when you

look at a company like this and you're

like wow they've actually got a robot

that is pretty dang function Channel

there are some important things that you

got to remember here this thing is first

of all really smooth it's working

amazingly I mean look at it dance right

that's not what we saw with Tesla at all

with Tesla we saw a clunky barely moving

robot right but the difference here is

that this robot doesn't have some key

things that the Tesla robot has this Pro

robot here is a pre-programmed robot

that doesn't have a brain or the benefit

potentially of mass production and

that's what's so spectacular about what

we just learned here at Tesla's AI day

and that's why people should begin

quivering see I was expecting not to be

impressed by Tesla's AI day in fact at

the beginning of my live stream that's

why I said I'm like I'm not really

expecting to get blown away here I don't

think the robot's going to be able to do

anything impressive certainly not more

impressive than what like Boston

Dynamics can pull off with a programmed

robot and you know one that really

they've been working on for years and

sure enough when the Tesla robot kind of

stumbled out and gave us a little wave

and a little Rave raised the roof and

then we find out that's the old version

it's not even the current version the

current version can't even walk it's

kind of like wow this is maybe a little

disappointing right it's like okay yeah

like you know basically all the memes on

Twitter are Boston Dynamics and the

Laughing memes uh at Tesla right but

they're all missing the point see the

beautiful thing about Tesla is it's not

a car company it's not a company that's

trying to get into robotics it's a

factory company that is what you're

buying that's the product at Tesla the

factory the production and the supply

chain it was that moment that I realized

what the Tesla bought is really all

about it's not about putting on some

kind of choreographed demonstration to a

song that looks really good because only

five of these robots have been created

maybe at Boston Dynamics and you know

they cost millions of dollars to create

it's actually a product that you can

copy and paste we're remember it's the

factor you're investing in at Tesla it's

the manufacturing process and the

product is something that hopefully we

can copy and paste and that's what Elon

Musk told us that's so remarkable is

that we're gonna make a robot that we

can make in one high volume two at low

cost and three at high reliability the

goal is in in elon's own words the goal

is make a useful humanoid robot as

quickly as possible probably available

for deliveries within three to five

years for you for hopefully less than

twenty thousand dollars and then produce

millions of them and functionally

transform the economy that is

essentially what Elon is trying to do

here he's not trying to create a

demonstration robot he's not trying to

create something that's going to wow you

out of the gate it's trying to create

something first that's going to stand in

a factory and replace a minimum wage

worker that would ordinarily potentially

cost twenty thousand dollars a year

thirty thousand dollars a year plus

benefits sick pay and only works eight

hours a day with something that costs

twenty thousand dollars doesn't have

workers comp you know liability training

uh uh and time off right something that

works 24 7 for the same price I mean

when you extrapolate these numbers out

they're actually really remarkable and

that's when you start realizing what the

real Innovation here is is not a dancing

robot like Boston Dynamics it's actually

a robot that can be produced at scale

and actually do things Elon Musk

actually liked my tweet which I thought

well I mean obviously if Elon Musk likes

your Tweet it's it's an honor so I have

to have to show it off but Elon Musk

like this following tweet here Boston

Dynamics indirectly put on blast by Elon

Musk Elon says the Optimus may not put

on the best demonstration but will be

delivered with a brain inexpensively and

at high volume unlike a highly expensive

demo with low Vol production cost under

20 000 and opposable thumbs uh Elon did

end up liking that tweet which is pretty

cool and I followed this up with another

tweet where I wrote If Tesla's Optimus

replaces just Factory workers we've got

about 11 million of those in America if

Optimus replaces just factory jobs in

the United States and none others it

would replace 500 billion dollars of

Labor okay let me make this clear 500

billion dollars worth of Labor is a per

year figure every single year we throw

500 billion dollars of money into

factory jobs if you just took one year

of that labor 500 billion dollars

divided by twenty thousand dollars for

robots

that would be 25 million robots that you

could buy with one year of labor costs

just for factory jobs

at a 30 margin Elon Musk could create

gross profit for Tesla of 150 billion

dollars I mean I think last quarter we

were what like at a net income of of a

few billion dollars could you imagine

150 billion of gross profit uh just just

the amount of net that would flow

through from that I mean that'd probably

flow through of net probably be in

excess of 100 billion dollars absolutely

insane I mean obviously this is Extreme

we're not going to create 25 million

robots here overnight but the potential

here of a scaled robot

that can do basic things is huge and and

that I think is what people who are

looking at dancing robots are missing is

that this is not a robot that's supposed

to dance for you it's a robot that

doesn't even actually have to walk one

of the first things I noticed during the

presentation in my live stream is that

the robot actually walks about 10 as

well as it moves its arms and I believe

that is on purpose I don't think they

want a robot that walks like a loser or

like he just pooped his pants but I

think they're spending the majority of

their engineering Talent on the arms of

the robot because the reality is you

could park the robot at a factory

station and it could do things watch

this job that I'm going to replicate for

you right now okay watch this okay

pickup box

Take tape

cut put on the line okay what job is

that and how many thousands of people do

that job that I just showed you

well first of all just look at Amazon

now you're probably talking

tens of thousands of people just that

Amazon who have the little robot deliver

the Shelf the person takes the product

off the shelf

puts it in the Box takes the tape puts

it on sometimes it's even pre-cut tape

right and then they have to put the the

taped and labeled box on the conveyor

belt a robot that doesn't even walk

could literally do all of that

and now you have no person there anymore

and the freaking robots working 24 7 and

doesn't quit every six months because

that's a hard job and then people are

like oh but what are those people

supposed to do if they can't put tape on

boxes well a you could live your life

hopefully you know if robots can run the

world we could just have Ubi and sit

around and do nothing but that's like

utopian and long term in the future

short term go do something else like

seriously become a professional like

learn to do something become an agent uh

go you know coding boot camp become a

licensed lender become a CPA study

something and provide value somewhere

right but putting tape on a box isn't

that that's like a bridge job right and

I'm not trying to bag on it I mean when

I was 18 years old I did lame jobs that

are going to be replaced by robots as

well I worked at Jamba Juice I worked in

restaurants I did landscape I did

everything

so at first this robot with 28

structural actuators and 11 sensors

weighing in at about 161 pounds will

carry a central about 2.3 uh kilowatt of

battery and it's expected with that 2.3

kilowatt battery to be able to work all

day long which is really incredible on

the left here this is the concept for

the robot this right here the sort of

middle robot here is the first robot

that was demonstrated and this is the

robot that did Walk Alone it did not

work walk very very well but it was able

to walk alone and uh this one did give

us a little wave as well this apparently

is actually the older uh robot and it's

not the robot that is that is sort of uh

the the next Edge a robot that's our

next gen robot here the next gen robot

is actually pictured here on the right

uh and what's remarkable is they've

really only been producing this robot

for about what a year or so now since AI

date first announced uh that they were

even going to remotely get into robotics

uh well like humanoid style robotics

obviously their Factories do robots this

was considered their rough and uh

development robot was the argument that

this is the development robot here and

they used off-the-shelf actuators here

and they showed this robot actually

walking around with a tether picking up

watering cans and and boxes in their

Fremont facility we're actually being

able to move to an area where where you

can uh you know realize oh okay this is

actually what's happening around me in

fact I have a little video that I clip

of what this robot sees and this is

what's so incredibly different from that

Boston Dynamics robot and uh it it

really is worth highlighting and and I

think again the Boston Dynamics kind of

people on Twitter aren't going to

realize how really phenomenal this

actually is but I'll show it to you here

take a look at on screen now this is

what the robot's seeing the robot is

actually looking at the environment and

understanding what's going on it's not

in a big open field where it's

programmed to do some dance moves it's

actually understanding its environment

so that it knows ah this is the watering

can for example okay watering can got it

oh now I can identify plants okay those

need water right and this is very much

the same as what their vehicle full

self-driving computer uses in fact this

I believe has the full self-driving

Vision computers mounted to its

shoulders I believe they said but anyway

it actually

uses the same sort of visual

identification system as the vehicles do

and this makes sense and it shows you

how the these sort of manufacturing

worlds are merging together and that if

Tesla can manufacture these vehicles the

safest vehicles in the world at scale

with with you know I would say a quality

not a plus quality but like you like B

plus to a quality uh but they get them

out and they get them done and they get

them produced and they provide value to

people and you can do the same with

these robots well this is phenomenal

this is a robot that actually

understands its surroundings is really

really incredible uh so I was uh very

much impressed by that let me see if I

can fast forward here a little bit uh

you can see the walking of it here this

is roughly how it walked right now you

know during the demonstration as well

which is kind of lame uh again kind of

looks like it pooped itself but again

you know when you go a little bit beyond

just like the initial impression and all

the haters or whatever are gonna bag on

this this is actually pretty dang

incredible so really really incredible I

have a few slides that I specifically

took pictures of or screenshots of just

to be able to quickly demonstrate some

things on so this is the vehicle here uh

it uses about 100 Watts when it's

sitting or stationary that's about one

light bulb right a traditional non-led

light bulb a full like high wattage

light bulbs about 100 Watts 500 this

would be kind of like two flood lights

on you know it's gonna put off some heat

you know that's that's actually uses

some battery here blue is the electrical

system here and orange is where the

actuators are one of the things that I

noticed that consistently they talked

about here was that their goal is to

reduce costs so they were asked about

hey like why are you using spring

actuators like why don't you use more

expensive actuators uh and and they're

like hey you know what first of all a

spring actuator you only have to

essentially use a motor to to compress

once and then the spring opens it up so

you actually have one less part you 50

of the parts and the parts that they're

using for example on just the thought

eyes are extremely strong they gave this

example here of how the thigh actuator

is strong enough to lift the piano I

mean it to some degree it's kind of

scary because then it makes you kind of

think of the Terminator right this is

what the chest battery looks like very

Iron Man like this is a uh looks like

it's gonna operate on a 52 volt

architecture 2.3 kilowatt hour battery

pack obviously I would assume yeah I

mean Tesla can make phenomenal batteries

right so we'll be ready to know that so

I would expect a similar battery lines

uh could manufacture batteries at scale

for these at no problem I mean if you

think about it one vehicle is 75

kilowatt uh hours at least I mean that's

almost uh around 30 robots that you can

make with one vehicle worth of batteries

kind of incredible when you think about

it that way but I wanted to I brought

this up as well because this is the

video AI that they featured with their

full self-driving Suite that their Dojo

super computer processes which was in

incredible as well custom architecture

custom wiring custom uh you know neural

Nets essentially but you know it gets

really really technical I mean this was

very very technical in some parts of it

uh a lot of it over my head but you know

I do my best to to stay up with this but

what I think is so remarkable about this

is this is the same technology that

you're going to see in this robot is

that as a vehicle moves the vehicle is

able to map everything and learn more

about what's that or what's around it as

things are moving and that's very

different from a stagnant picture so an

example they gave which I thought was

brilliant they said look if there is a

car here with a trailer behind it so a

little trailer right behind it let's say

that trailer is stagnant and you just

have one picture of it okay the

artificial intelligence goes that's a

trailer you take another picture of it a

few milliseconds later okay that's still

a trailer but now what if that trailer

is out of control Troll and swerving and

they gave this example as to how the

video AI can go that's a trailer that's

a trailer that's oh that's a trailer

that's swerving it's swerving danger bad

right and like that was really cool that

was a really good example of showing how

a visual video based AI system can show

you and understand a dynamic world and

actually make for safer full

self-driving than what anybody else can

produce that was a big moment right

there when when they showed that the

reason we do the video AI is because we

can understand more about the world

around us than if we just do pictures

based Ai and and I don't know I mean I'm

sure there are other companies doing it

I just don't know of other companies

doing it so I thought that was really

incredible and remember the robot is

going to have that capability that's

what's crazy right that's what people

are missing you know people are under

this impression that this robot actually

needs to to make it do like stupid dance

moves that's not what we're trying to

design at Tesla well when they say we I

say there's a shareholder obviously

that's not what Tesla's trying to design

they're not trying to produce a dancing

robot they're trying to produce a

functional robot which is incredible so

it'll have one Tesla system on a chip

Wi-Fi and LTE which is kind of cool

because they won't be Tethered to your

home designed for mass production huge

huge part of the product or presentation

was that this is a robot that is for

mass production we we want this to be an

accessible robot fast here we show some

of the actuators whether they're Roadie

rotary or linear

for you mechanical engineers here or a

couple more slides here and uh you know

this for example

I grabbed this picture here

's a bot uh from Boston Dynamics

you could spend 75 000 on

but

you know it doesn't have thumbs it has a

crane and so what's incredible is that

the Tesla Optimus will actually have uh

thumbs and and be able to do things like

a human rather than like a dog you know

there were some silly questions uh I

thought you know about this robot having

a spirit and being your friend and

dressing it up and skinning it and stuff

like that sure those are all things that

can happen in the future maybe it'll

have its own app store you know

third-party merchandise store and I'm

sure all those things will come in the

future but what was really incredible

was this idea that you could really

infinitely expand the economy with these

sorts of robots and create this future

of abundance a future of no poverty

because really what you're doing is

you're creating no limit to the means of

production now you're removing human

capital from the equation of of uh of

the means of production now you're just

limited by materials raw materials right

but if you're produ if you're doing

Services my goodness now there's really

no limit to potentially GDP increasing

and how you're just limited by how many

people actually need those services but

it's really phenomenal I mean imagine

every single World a person in the world

has their own robot just to do their

laundry and clean for them right uh now

feed them and and just do everything

hard for I mean it's really really

incredible

uh a big focus on keeping costs down

less wiring in the hands you know very

very detailed examples about how they're

keeping costs down uh Again the video AI

really incredible with the vehicles even

as far as like being able to see a a

very complicated Edge scenario where a

bus has sort of an axial axial fold in

it which is basically where you have a

boss that's like a double bus in length

and then it has that little dividing

part in the Middle where like one part

turns and then the other part turns uh

how the visual AI can identify that as

an edge scenario and understand what it

is and how you need video AI to be able

to see that sort of thing very well and

understand it really some incredible

things here I mean very very talented

Folks at Tesla some people are going to

say this was just a boring event uh but

those are people who do you really have

no interest in engineering or the

potential you know I'm not an engineer

but I see this potential and I think

it's so wonderful one of the things that

I thought was so wonderful is one of the

employees mentioned fail fast as one of

their mottos you know one of my mottos

actually in life is fail forward and

it's just like just keep doing things

because the best feedback loop you get

is failure you know people get so afraid

of failure but the best thing that you

could do is fail because when you fail

you know okay I guess I'm not going to

that direction okay what does this mean

you're dead you just keep walking in

another Direction then right and so I I

that really resonated with me uh also

what resonated with me with was this

talk from Elon Musk about how Talent at

a lot of these tech companies uh gets

suppressed that that people get

comfortable and they get paid so well

but the requirements for them are so low

I actually knew somebody who worked for

Motorola I probably shouldn't have said

the name but anyway I did uh I won't say

who obviously but uh they were

frustrated because they would complete

their task and their manager would go to

them and go just do whatever you want

but you're you're done so just wait

until you get a new task and they're

like no like I want to innovate I want

to do something new and they're told no

no you just stay here and just wait

because otherwise you'll make everybody

else look back bad and it's like oh

that's so terrible just collect your

paycheck you know and and then you

actually get used to this idea of not

actually being productive and getting a

lot done so I loved it when Elon said

look we get done around here it's

going to be demanding it's not gonna be

easy I I run my business in much the

same way it's like if you're gonna work

for Kevin it's like you're gonna work uh

because every day I ask myself like okay

what did that person do what did that

person do what'd that person do and and

as soon as like the feedback to my own

head is like hmm I don't know what

you're doing anymore it's like do we

really need you then right like it's

really important to provide value for

business because the biggest thing

that'll send a business to bankruptcy is

too much labor cost uh or or to

obsolescence you know to where other

companies just surpass you but I mean

honestly like I wasn't even expecting to

go into this this AI day and hear that

Dojo once they scale it and build sort

of Dojo facilities might be able to

compete with Amazon web services and we

really really just uh incredible I mean

they they this this whole event opened

my eyes up not to like some crazy robot

that's gonna do some lame dance but to

the idea of the scale of Tesla's

manufacturing remember the manufacturing

is the product and that manufacturing

can then scale the dojo supercomputer

let's let's print a million Dojo

supercomputers bye bye Amazon AWS let's

print millions of cars bye bye taxis and

Uber let's print millions of robots bye

bye Factory workers like it's insane

it's you know let's print a million

batter millions of battery packs bye bye

oil yeah you know like oh my gosh it's

it's just really really really

incredible so uh I love it I'm very very

excited hopefully you are as well I'm

also excited to let you know there's a

coupon code expiring tonight for the

programs on building your wealth link

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Want to be in that before the

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see you soon thanks so much for watching

appreciate you bye