Elon Musk: The Scientist Behind the CEO (and How He Teaches Himself) Documentary

Venture City
26 Sept 202016:34

Summary

TLDRThis video explores Elon Musk's unique approach to learning and innovation, emphasizing his scientific mindset and engineering prowess. It delves into Musk's methods of self-education through extensive reading and surrounding himself with experts. The video also highlights his use of first principles reasoning in business and engineering, illustrating how he breaks down complex problems into their fundamental elements to create groundbreaking solutions. Examples include his ventures in SpaceX, Tesla, and Neuralink. The video underscores Musk's belief in continuous self-improvement, experimentation, and the importance of physics-based thinking to predict and shape the future.

Takeaways

  • 🧠 Elon Musk is recognized as a scientist and engineer, with a deep understanding of physics and coding, which he applies to his businesses.
  • πŸ“š Musk's self-education involves reading extensively and surrounding himself with experts to learn new subjects and industries.
  • πŸš€ He moved from Silicon Valley to LA to be closer to the space industry, demonstrating his commitment to immersing himself in the fields he is interested in.
  • πŸ”¬ Musk approaches problems with a physics framework, breaking them down to their fundamental principles, which aids in understanding and predicting the future.
  • πŸ‘Ά His early childhood curiosity and understanding of darkness as the absence of photons exemplify his scientific mindset from a young age.
  • πŸ“š He recommends books that have shaped his thinking, such as 'The Hitchhiker's Guide to the Galaxy' and 'Structures: Or Why Things Don't Fall Down'.
  • πŸ”§ Musk's hands-on approach to learning is evident in his early experiments with homemade rocket kits and his computer programming skills.
  • 🀝 He values hiring people with a deep understanding of their field and the ability to see the bigger picture of the projects they work on.
  • πŸ› οΈ Musk emphasizes the importance of engineering and design in his companies, with a preference for CEOs to have a background in these areas.
  • πŸ”¬ He encourages the use of physics as a framework for thinking and problem-solving, advocating for 'reasoning from first principles'.
  • πŸ”‘ Musk believes that asking the right questions is the most challenging part of innovation, which leads to better answers and solutions.

Q & A

  • What is the common misconception about Elon Musk's identity according to the transcript?

    -The common misconception is that Elon Musk is an alien or an artificial intelligence robot, but in reality, he is a scientist and an industrialist.

  • What are the two techniques Elon Musk uses to learn about new subjects and industries?

    -Elon Musk learns about new subjects and industries by picking up books on the subject and surrounding himself with experts and people in the field who can teach him.

  • Why did Elon Musk move from Silicon Valley to L.A.?

    -Elon Musk moved to L.A. to get closer to people working in the space industry, as it was the next field he wanted to explore after selling PayPal.

  • What is Elon Musk's approach to understanding or predicting the future?

    -Elon Musk approaches understanding or predicting the future by using a physics framework, suggesting that physics can provide insights into future trends and developments.

  • How did Elon Musk's childhood fear of the dark influence his scientific thinking?

    -Elon Musk overcame his childhood fear of the dark by understanding that darkness is simply the absence of photons in the visible wavelength, which taught him to break down concepts to their fundamental laws.

  • What is Elon Musk's view on the current state of education and learning?

    -Elon Musk believes that learning is the downloading of data and algorithms into our brains and that traditional schools are not doing a good job at facilitating this process, leading him to start his own school.

  • How does Elon Musk compare the human brain to artificial intelligence and neural nets?

    -Elon Musk compares the human brain to AI neural nets, suggesting that AI is trying to replicate what the human brain does, with both learning quickly through experience.

  • What equation does Elon Musk use to describe happiness?

    -Elon Musk describes happiness with the equation 'reality minus expectations,' emphasizing the importance of aligning one's expectations with reality.

  • Why did Elon Musk start Neuralink?

    -Elon Musk started Neuralink to connect our brains to computers, inspired by the realization that our interaction with devices is limited by our bandwidth, comparing it to the much faster communication between computers.

  • What does Elon Musk believe is the key to continuous improvement?

    -Elon Musk believes that the key to continuous improvement is to keep thinking about how to do things better and to create a feedback loop where one takes what has been done and adjusts it for better performance.

  • How does Elon Musk's approach to learning differ from traditional education?

    -Elon Musk's approach to learning focuses on self-teaching through books and practical experience, rather than relying solely on formal education, which he believes can be inefficient or disconnected from real-world applications.

Outlines

00:00

🧠 Elon Musk: The Scientific Mindset and Business Pioneer

This paragraph delves into the multifaceted persona of Elon Musk, highlighting his scientific and technological prowess. It emphasizes Musk's self-taught approach to mastering new subjects, from reading specialized books to engaging with experts in various fields. The summary underscores his scientific mindset, which he applies to his businesses, including SpaceX and Tesla. Musk's early life, including his childhood fears and how he overcame them through understanding physics, is also discussed. The paragraph concludes with insights into Musk's views on education, happiness, and the human brain's bandwidth, illustrating his unique perspective on life and technology.

05:03

πŸš€ Learning from Books and Experts: Elon Musk's Path to Mastery

The second paragraph focuses on the methods Elon Musk employs to educate himself on new subjects and industries. It details his voracious reading habits from a young age, his formal education in physics and economics, and his self-study techniques, such as reading specialized manuals and books to understand complex industries like banking and aerospace. The summary also mentions Musk's hands-on approach, such as building his own rocket kits and selling computer parts during his college years. Furthermore, it discusses his strategy of surrounding himself with knowledgeable individuals, moving to LA to be closer to the space industry, and joining the Mars Society to learn from experts in the field.

10:04

πŸ”§ The Importance of Holistic Understanding in Engineering and Design

This paragraph examines the importance of understanding the entirety of a system or machine, as exemplified by Elon Musk's approach to engineering and design. It discusses the expectation Musk has for his employees to have a comprehensive knowledge of the projects they work on, from SpaceX to Tesla. The summary highlights the hiring practices of Musk's companies, where expertise in specific fields is valued alongside an understanding of the overall system. It also touches on Musk's belief in the primacy of engineering and design over finance or marketing in the corporate hierarchy, and his advocacy for learning physics as a means to understand and predict the future.

15:04

πŸ› οΈ Innovating with Physics: First Principles Thinking and Manufacturing

The final paragraph explores the application of first principles thinking in innovation and manufacturing, as advocated by Elon Musk. It explains the concept of reasoning from first principles, which involves breaking down complex problems into fundamental truths and rebuilding solutions from scratch. The summary illustrates this with examples from SpaceX's approach to reducing rocket costs and Tesla's battery pack development. It also discusses Musk's views on the importance of manufacturing and innovation in advancing humanity, his critique of smart individuals gravitating towards finance and law, and his call for more minds to be engaged in creating tangible products that can propel society forward.

Mindmap

Keywords

πŸ’‘Elon Musk

Elon Musk is a central figure in the video, described as a scientist, engineer, and futurist who has made significant contributions to various industries such as space exploration and electric vehicles. His approach to learning and business is highlighted as a key theme, particularly his use of scientific principles and his ability to self-educate through reading and surrounding himself with experts.

πŸ’‘Scientific Mind

The term 'scientific mind' refers to a way of thinking that is logical, evidence-based, and focused on understanding the fundamental principles of a subject. In the video, Musk's scientific mind is emphasized as a driving force behind his success, as he applies this mindset to learning new subjects and making decisions in his businesses.

πŸ’‘First Principles

First principles reasoning is a method of problem-solving that involves breaking down a problem into its most basic elements and then building up solutions from these fundamental truths. The video illustrates how Musk uses this approach to innovate in his businesses, such as by analyzing the cost of materials in rocket construction.

πŸ’‘Feedback Loop

A feedback loop is a process where the output of a system is passed back as input to the system, allowing for continuous improvement. Musk's advice to create a feedback loop is mentioned in the video, emphasizing the importance of learning from past actions and adjusting strategies accordingly.

πŸ’‘SpaceX

SpaceX is a private aerospace manufacturer and space transportation company founded by Elon Musk. The video discusses how Musk's scientific approach and self-education helped him start and develop SpaceX, focusing on his study of rocket manuals and his interactions with experts in the space industry.

πŸ’‘Neuralink

Neuralink is a neurotechnology company founded by Elon Musk, aiming to connect human brains to computers. The video briefly mentions Neuralink as an example of Musk's innovative projects, highlighting his interest in enhancing human capabilities through technology.

πŸ’‘Physics Framework

The 'physics framework' refers to Musk's approach to understanding and predicting the future by applying the principles of physics. The video explains that Musk believes in using physics as a basis for thinking, as it provides a structured and logical way to analyze problems.

πŸ’‘Coding Skills

Musk's coding skills are highlighted as a foundational aspect of his ability to start and build his businesses. The video mentions how he used his programming knowledge to start his first internet companies and how this technical background has been crucial in his ventures, including SpaceX.

πŸ’‘Education

The video discusses Musk's views on education, describing his belief that learning is akin to 'downloading data and algorithms into our brains.' Musk's critique of traditional schools and his decision to start his own school reflect his desire to improve the educational system by making it more aligned with his scientific approach.

πŸ’‘Innovation

Innovation is a key theme in the video, as it explores how Musk's scientific mindset and self-education have driven his ability to innovate in various fields. Examples include his work in space exploration with SpaceX and his efforts to revolutionize transportation with Tesla.

πŸ’‘Manufacturing

Manufacturing is discussed in the video as an area where Musk sees significant potential for improvement and innovation. He encourages more smart minds to enter manufacturing, emphasizing the need for innovation in creating high-tech products and everyday items that can advance humanity.

Highlights

Elon Musk is recognized as a scientist, industrialist, and futurist who applies his coding skills to build machines.

Musk's friends often don't realize he is the chief engineer for SpaceX, showcasing his scientific and engineering expertise.

The video explores Musk's scientific mindset and how it fuels his business ventures.

Musk employs two techniques to learn about new subjects: reading books and surrounding himself with experts.

He moved from Silicon Valley to L.A. to be closer to the space industry, demonstrating his commitment to learning from experts.

Musk's internal identity as a scientist and physicist, and external identity as an engineer, shapes his approach to problem-solving.

He uses a physics framework to understand and predict the future, emphasizing the importance of physics in strategic thinking.

Musk's childhood fear of the dark was overcome by understanding the absence of photons, illustrating his fundamental approach to problem-solving.

He views learning and education as the downloading of data and algorithms into our brains, and criticizes traditional schools for inefficiency.

Musk compares the birth of his son to AI neural nets, highlighting the rapid learning capabilities of both.

His view on happiness is encapsulated in the equation 'reality minus expectations', providing a unique perspective on life satisfaction.

Musk likens human interaction with technology to an operating system with limited bandwidth, inspiring the creation of Neuralink.

He values memes for their information density, suggesting a preference for efficient communication.

Musk advises continuous self-improvement through creating feedback loops and questioning one's approach to tasks.

His extensive childhood reading habits, including two sets of encyclopedias, contributed to his broad understanding of interconnectedness.

Musk's formal education in physics and economics, and his brief foray into a PhD program, laid the groundwork for his diverse startups.

His ability to self-teach through programming at a young age showcases his dedication and quick learning capabilities.

Musk's approach to learning about the banking industry by reading a book demonstrates his commitment to understanding new fields.

His study of rocket manuals and technical books when starting SpaceX underlines his methodical approach to gaining expertise.

Musk's focus on studying what is needed rather than just what is mandatory reflects his strategic educational philosophy.

A list of books recommended by Musk is provided, suggesting his appreciation for diverse knowledge sources.

Musk's hands-on approach to learning, such as building his own rocket kits, demonstrates his experimental mindset.

His college entrepreneurial ventures in selling computer parts and building PCs highlight his practical skills and business acumen.

Musk's move to LA post-PayPal to be closer to the space industry exemplifies his strategy of immersing himself in areas of interest.

His involvement with the Mars Society and hiring of experts from NASA reflects his strategy of learning from the best in the field.

Musk's expectation for his employees to have a comprehensive understanding of the entire machine they are working on, not just their specialized part.

The hiring practices at SpaceX and Tesla, favoring those with engineering backgrounds, even in non-technical roles, underscores Musk's belief in a holistic understanding of products.

Musk's advice to learn physics for understanding and predicting the future, highlighting the framework it provides for thinking.

His application of first principles reasoning to break down complex problems into fundamental truths, as seen in his approach to rocket costs.

Musk's emphasis on asking the right questions as the key to finding the best answers, crucial for innovation and problem-solving.

His belief in the importance of making things and innovating in manufacturing, calling for more smart minds to enter this field.

Musk's view on the need to break down traditional methods and rebuild them with an engineering mindset for progress.

Transcripts

play00:00

some say that he is an alien others say

play00:03

that he is an artificial intelligence

play00:05

robot

play00:05

but when it comes down to it elon musk

play00:08

is a scientist

play00:09

one who is conquering the business world

play00:12

elon musk has become a futuristic

play00:14

industrialist

play00:15

a person who took his coding skills to

play00:17

start building machines

play00:18

most people don't realize that elon musk

play00:20

is a scientist

play00:22

even his own friends ask him who is the

play00:24

chief engineer for spacex

play00:25

not realizing it is elon himself this

play00:28

video takes a look at how elon musk sees

play00:30

the world through a scientific mind and

play00:32

how his scientific way of life

play00:34

fuels his businesses we take a look at

play00:37

the two techniques that elon musk uses

play00:39

to teach himself about new subjects and

play00:41

industries

play00:42

from picking up books such as a soviet

play00:44

rocket manual that taught him about

play00:46

rockets when he was starting spacex

play00:48

to surrounding himself with experts and

play00:50

people working in the field that can

play00:52

teach him about the subjects he wants to

play00:54

get into

play00:55

this is the reason why he moved from

play00:56

silicon valley to l.a

play00:58

so he could get close to people working

play01:00

in the space industry

play01:02

elon musk is a scientist and physicist

play01:04

on the inside

play01:05

and an engineer on the outside so we

play01:07

will also take a brief look at the

play01:09

thinking process behind physics and the

play01:11

techniques that anyone can use to view

play01:13

the world

play01:14

elon musk says that he approaches things

play01:16

with a physics framework

play01:18

even when it comes to understanding the

play01:20

future saying that if you want to

play01:22

understand or predict the future

play01:24

then look to physics

play01:27

[Music]

play01:35

when elon musk was a kid he was scared

play01:38

of the dark

play01:39

but then he understood that dark just

play01:40

means an absence of photons in the

play01:42

visible wavelength

play01:44

and that it is silly to be afraid of a

play01:45

lack of photons

play01:47

that is how he viewed and explained

play01:48

darkness to himself when he was just a

play01:50

kid

play01:51

and elon musk does this with maybe

play01:53

everything that he thinks about

play01:54

breaking everything down even down to

play01:57

the fundamental laws of physics

play01:59

here are some other examples of the

play02:00

different ways elon musk views the world

play02:03

through the mind of a physicist and

play02:04

scientist when describing schools and

play02:07

education

play02:08

he says that learning is the downloading

play02:10

of data and algorithms into our brains

play02:12

and that schools are doing a bad job of

play02:15

it so

play02:16

he started his own school on the joe

play02:18

rogan podcast when talking about the

play02:20

birth of his son

play02:21

elon musk compares the baby to the work

play02:23

he has been doing on artificial

play02:25

intelligence and

play02:26

neural nets saying that an ai neural net

play02:29

is trying to copy what a human brain is

play02:31

doing

play02:31

and you can see it learning quickly just

play02:33

like a baby

play02:35

when it comes to happiness the equation

play02:37

is reality minus

play02:38

expectations in describing our way of

play02:42

thinking and using devices

play02:43

elon musk compares us to an operating

play02:46

system with bandwidth

play02:47

saying that while computers can talk to

play02:49

each other at a trillion bits per second

play02:51

we use our thumbs to interact with our

play02:53

phones at 10 to 100 bits

play02:55

that is why he started neuralink to

play02:58

connect our brains to computers

play03:00

it might be the reason why elon musk

play03:02

likes memes so much

play03:03

since a lot of information gets passed

play03:05

along in just one

play03:06

image he even tweeted saying who

play03:09

controls the memes

play03:10

controls the universe elon musk says

play03:13

that the best piece of advice

play03:15

is to keep thinking about how you could

play03:16

be doing things better and keep

play03:18

questioning yourself

play03:20

and he uses the engineering term of

play03:22

creating a feedback loop

play03:23

where you take what you have done and

play03:25

adjust how you could be doing it better

play03:27

as people will tell you what you want to

play03:29

hear not what is best

play03:34

there are two techniques that elon musk

play03:36

uses to teach himself

play03:38

new subjects one is through simply

play03:40

picking up books

play03:41

and the other is surrounding himself

play03:43

with smart people

play03:44

let's first quickly take a look at how

play03:46

he has used books to form the wisdom and

play03:48

fuel for the businesses he has built

play03:51

when he was a kid elon musk would read

play03:53

up to 10 hours a day

play03:54

saying he was raised by books he even

play03:57

read two sets of encyclopedias which

play03:59

gave a good view of how different things

play04:01

could be connected

play04:03

elon musk's formal education includes a

play04:05

degree in physics and one in economics

play04:08

there was also the phd in material

play04:10

sciences and physics that he dropped out

play04:12

from

play04:12

yet his first startups out of college

play04:14

were all based on him

play04:16

coding and programming during the early

play04:18

days of the internet

play04:19

elon saw a computer for the first time

play04:21

when he was 10 years old

play04:23

the first computer he got came with

play04:25

workbook lessons on programming in a

play04:27

language called

play04:28

basic which would take six months to

play04:30

finish elon stayed up for three days

play04:32

straight and finished the whole six

play04:34

month course

play04:35

when it came time to bring banking

play04:37

online which elon was working on when

play04:39

starting x.com which would later become

play04:41

paypal

play04:42

elon did not have much experience in

play04:44

banking so elon bought a book on the

play04:46

banking industry to understand how it

play04:48

worked

play04:49

when it came to starting spacex elon

play04:51

would study a soviet rocket manual

play04:54

and from friends he would borrow books

play04:55

such as rocket propulsion elements and

play04:57

the fundamentals of astrodynamics

play05:00

and he would study for months elon musk

play05:03

figures out what he needs to study

play05:05

so that he can become an expert and get

play05:07

started working on new projects

play05:09

this is the same method he used when he

play05:11

was a kid in school

play05:12

elon did not always get good grades

play05:15

especially in subjects where he couldn't

play05:17

see the point of learning them

play05:18

these would be mandatory subjects such

play05:20

as afrikaans

play05:22

for those subjects he would work the

play05:24

minimum to get a passing grade

play05:25

saying that he would rather spend his

play05:27

time playing video games

play05:28

coding or reading books when it came to

play05:31

subjects that were important to him

play05:33

such as physics and computers elon would

play05:36

get the highest grade

play05:37

he focuses on studying what is needed

play05:41

here are some of the books that elon

play05:43

musk recommends

play05:45

there is the hitchhiker's guide to the

play05:46

galaxy a book called

play05:48

ignition which is about rockets and the

play05:50

biography of benjamin

play05:52

franklin by walter isaacson one book

play05:54

that elon musk highly recommends is

play05:56

called structures

play05:57

or why things don't fall down this book

play06:00

gives an easy to understand explanation

play06:02

of structural engineering terms based on

play06:04

how day-to-day objects hold together

play06:06

which can include anything from bridges

play06:08

to eggshells

play06:09

links are in the description below for

play06:11

all of those books

play06:13

the foundation books are a sci-fi series

play06:15

set in a future where human civilization

play06:17

is a space-faring society

play06:19

it is a book series that elon recommends

play06:22

people read

play06:22

he learned from reading them that you

play06:24

should work on things that will prolong

play06:26

civilization and reduce the probability

play06:28

of there being a dark age

play06:30

elon's way of thinking about pushing

play06:32

humanity forward

play06:33

and doing what is best for humankind

play06:35

comes from books

play06:37

and not just through the foundation

play06:38

books but also from reading comic books

play06:40

when he was younger

play06:41

as the stories in them were always about

play06:44

saving the world

play06:47

even though elon musk was raised by

play06:49

books and used them when he started to

play06:51

teach himself new subjects

play06:53

he was not afraid to get his hands dirty

play06:55

and figure things out by experimenting

play06:58

for kids these days who are inspired by

play07:00

space and rockets

play07:01

it wouldn't be so hard for them to get

play07:03

their parents to go on amazon

play07:04

and buy a rocket kit that they could

play07:06

then build and launch

play07:08

but for elon musk growing up in south

play07:10

africa they didn't have the rocket kits

play07:12

that were available in the us

play07:14

so elon broke down the parts of a rocket

play07:16

kit and figured out how to build his own

play07:18

mixing different chemicals that would

play07:20

fuel his homemade rocket kits

play07:22

in his college days to make some money

play07:24

elon would sell computer parts out of

play07:26

his dorm room

play07:27

he would also build pcs and fix issues

play07:30

this built up his computer hacking

play07:32

background

play07:32

as he was not afraid to just go and

play07:34

figure things out

play07:38

the second way that elon musk teaches

play07:40

himself about a subject and an industry

play07:42

is by surrounding himself with smart

play07:44

people even if that means moving cities

play07:48

after selling paypal elon musk moved

play07:50

from silicon valley down to la

play07:52

this was because la would bring musk

play07:54

closer to the space industry which was

play07:56

the next adventure that he wanted to

play07:58

tackle after paypal

play08:00

around la you had organizations that had

play08:02

set up their space efforts

play08:04

from howard hughes and the us air force

play08:06

to nasa

play08:07

they all developed a lot of their

play08:09

aeronautical work here

play08:10

this meant that there were a lot of

play08:12

experts that elon could talk to

play08:14

one of the first things elon did was to

play08:16

join the mars society whose goal was to

play08:18

settle on mars

play08:20

the society already had experiments

play08:22

underway and even had a research center

play08:24

in the arctic

play08:25

through the society elon also got to

play08:28

meet scientists who were working on mars

play08:30

missions for nasa

play08:31

some of them would later become hired

play08:33

consultants that would teach and coach

play08:34

elon for his jump into the space

play08:36

industry

play08:38

the books and being surrounded by

play08:39

experts is how elon taught himself about

play08:42

the space industry

play08:43

it is the same method that his cousins

play08:45

used to learn about the solar business

play08:47

elon's cousins spent two years studying

play08:50

solar technology and the industry

play08:52

they went to events studied research

play08:54

reports and interviewed people

play08:56

all before starting solarcity which

play08:58

tesla later bought

play09:00

they used the same techniques that elon

play09:02

had used to become an

play09:03

expert in the space industry as elon

play09:06

musk started to hire engineers and build

play09:08

spacex

play09:09

the knowledge the new employees brought

play09:11

would then get transferred into elon's

play09:13

own brain

play09:14

these spacex employees would be experts

play09:16

in their fields

play09:17

and elon figured he could absorb their

play09:19

knowledge which he did by quizzing each

play09:21

engineer about every specific part of

play09:23

the rocket that they were working on

play09:25

one employee said that elon musk would

play09:28

quiz you until he had learned

play09:29

90 of what you knew this made elon musk

play09:32

an aerospace

play09:33

expert beyond what most people had seen

play09:39

when it comes to hiring people for his

play09:41

companies elon musk surrounds himself

play09:43

with the best people

play09:44

he is able to do this because of the

play09:46

futuristic tech that he keeps pushing to

play09:48

develop but for someone who wants to

play09:51

work at tesla or spacex

play09:53

they not only have to be an expert in

play09:54

their specific field they also need to

play09:56

know how the other parts on the machines

play09:58

they are building work as well

play10:00

elon musk expects everyone to be a chief

play10:03

engineer

play10:04

they need to have at least a basic

play10:06

understanding of how the whole rocket or

play10:08

car works

play10:09

just because an engineer has a deep

play10:11

expertise in their specialized area of

play10:13

the rocket or car

play10:14

they won't be able to tell if the work

play10:16

that they are doing the ideas

play10:18

and the improvements they come up with

play10:20

are for the good of the product

play10:21

as a whole unless they know how the

play10:23

whole machine works

play10:25

mistakes and design flaws happen when

play10:27

people don't understand the systems

play10:29

working in the whole machine

play10:31

spacex hires people who have been

play10:33

building physical things in their

play10:34

personal or professional life

play10:36

regardless of their job position gwen

play10:39

shotwell who is the president and ceo of

play10:41

spacex

play10:42

has a degree in mechanical engineering

play10:44

and a master's in applied mathematics

play10:47

elon says that most of his time about 80

play10:49

percent of it

play10:50

is on engineering and design not media

play10:52

or business related things

play10:54

it is gwen shotwell who handles the

play10:56

day-to-day workings of spacex

play10:58

this lets elon focus on designing the

play11:00

rockets and motivating the engineering

play11:03

teams

play11:04

elon states that the path to the ceo

play11:06

office should not be through the finance

play11:08

or marketing departments

play11:09

but through the engineering and design

play11:12

but even the financial people at his

play11:14

companies have engineering backgrounds

play11:16

the cfo of tesla has degrees in

play11:18

economics and mechanical engineering and

play11:20

applied mechanics

play11:22

continuing with elon hiring and

play11:24

surrounding himself with the best

play11:26

some other notable mentions include in

play11:28

2011

play11:29

spacex hired garrett reisman a retired

play11:31

nasa astronaut

play11:33

even investors come with engineering

play11:35

backgrounds

play11:36

one of tesla's first investors was valor

play11:39

equity

play11:39

who specialized in making manufacturing

play11:41

more efficient

play11:43

the managing director of operations tim

play11:45

watkins was sent to tesla to work on the

play11:47

roadster production

play11:49

watkins has degrees in electrical

play11:50

engineering and industrial robotics

play11:53

everyone is an engineer

play11:57

if you want to understand and predict

play11:59

the future

play12:00

then learn the thinking behind physics

play12:03

this is what elon musk advises people

play12:05

when it comes to jobs in the future

play12:07

and choosing what to learn elon says

play12:09

that he tries to use the tools of

play12:11

physics as much as possible and that

play12:13

using

play12:13

physics is a good framework for thinking

play12:16

let's take a look at the main physics

play12:18

principle that shapes elon musk's

play12:20

thinking

play12:21

earlier we showed how elon broke down

play12:23

being afraid of the dark into its most

play12:25

basic elements

play12:26

and this same way of thinking was used

play12:28

when it came to building battery packs

play12:30

for tesla and launching his spacex

play12:32

business

play12:33

it's called reasoning from first

play12:35

principles

play12:36

the idea is not to follow trends for

play12:39

example being scared of the dark because

play12:41

others have said that there are monsters

play12:43

but instead breaking it down into the

play12:46

fundamental truths

play12:47

there is just a lack of photons when it

play12:50

came to starting his own space

play12:52

rocket company the problem was that

play12:54

rockets were too expensive

play12:55

and they have always been that way but

play12:58

if you break it down into first

play13:00

principles

play13:00

you then ask yourself what is a rocket

play13:02

made up of

play13:03

there is aerospace aluminum alloys

play13:06

titanium

play13:07

some copper and carbon fiber you can't

play13:09

really

play13:10

break it down any further than that

play13:12

after breaking a rocket down into its

play13:14

most basic elements

play13:15

elon asked himself what is the cost of

play13:18

those materials on the commodity market

play13:20

the cost ended up being only two percent

play13:23

of the normal price of a rocket

play13:25

and this also included the cost of fuel

play13:27

the reason why rockets are so expensive

play13:30

is that there are so many companies

play13:31

involved in making the different parts

play13:33

of the rocket

play13:34

and each company needs to make a profit

play13:36

for themselves

play13:37

there are even companies supplying the

play13:39

companies who are supplying the parts

play13:41

the cost just keeps adding up breaking

play13:44

things down like this using first

play13:46

principle reasoning

play13:47

does take greater effort as you need to

play13:49

understand the subject on a deep level

play13:51

but you will end up with better results

play13:53

as you'll be able to create

play13:55

new knowledge and solutions from scratch

play13:58

spacex

play13:59

is a next-gen rocket company because

play14:01

they build their own rockets in-house

play14:03

not relying on outside suppliers elon's

play14:06

advice

play14:07

is to take the position that to some

play14:09

degree you are wrong

play14:10

and your goal is to work on being less

play14:12

wrong over time

play14:14

try and predict the future and then make

play14:16

adjustments based on the errors you find

play14:18

from your previous predictions

play14:20

elon didn't think that the boring

play14:21

company would work he said they were

play14:23

going to dig a tunnel

play14:24

and that maybe it will work or maybe it

play14:27

won't they ended up

play14:28

figuring it out as they went along

play14:30

experimenting and correcting along the

play14:32

way

play14:33

and their first self-driving tunnel is

play14:35

almost complete under las vegas

play14:37

elon says that the toughest thing to do

play14:40

is to figure out what questions to ask

play14:42

saying that once you have the right

play14:44

questions then the best answers become

play14:46

available

play14:47

a good book for understanding the basics

play14:49

of physics and understanding the

play14:51

thinking behind it

play14:52

is six easy pieces the essentials of

play14:54

physics explained by its most

play14:56

brilliant teacher the link is in the

play14:58

description

play14:59

in the first piece feynman points out

play15:01

that things must be learned only to be

play15:03

unlearned again

play15:04

or more likely to be corrected saying

play15:07

that the definition of science is that

play15:09

the test of all knowledge is experiment

play15:12

and that imagination is needed and it is

play15:14

key in coming up with the ideas and

play15:16

theories to experiment with in the first

play15:18

place

play15:19

this can all be seen with spacex's

play15:21

public test launches

play15:23

as they keep trying out new things that

play15:25

pushes innovation in the space industry

play15:27

seeing what works pushing until their

play15:29

prototypes fail on purpose

play15:31

and exploring ways on how to improve

play15:33

their designs

play15:37

elon musk says that too many smart

play15:39

people go into finance

play15:40

law and internet-based companies and

play15:43

wants more people going into making

play15:45

things

play15:45

and innovating in manufacturing too many

play15:48

smart minds are working on making people

play15:50

click on ads

play15:51

there is a lot of progress that needs to

play15:54

happen in manufacturing things

play15:55

whether it is for high-tech products

play15:57

such as electric cars and space rockets

play15:59

or for more everyday items that can help

play16:02

push humanity forward

play16:03

the old ways of doing things need to be

play16:06

broken down into their most

play16:07

basic parts using the thinking methods

play16:10

of physics

play16:10

and then built back up with the

play16:12

experimental mind of an engineer

play16:16

on the next episode of venture city we

play16:18

take a look at the solar-powered city of

play16:20

the future

play16:21

exploring ideas from sci-fi solar punk

play16:24

to more everyday innovations that we can

play16:26

already see today

play16:28

hit the subscribe and thumbs up button

play16:30

to not miss a video

Rate This
β˜…
β˜…
β˜…
β˜…
β˜…

5.0 / 5 (0 votes)

Related Tags
Elon MuskInnovationScientistEntrepreneurPhysicsEngineeringSpaceXLearningEducationTechnology