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Musk says new tech should be "default legal" versus "default illegal" in adoption.

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Musk says new tech should be "default legal" versus "default illegal" in adoption.

Transcript

12 segments

0:00

You have to have an environment that's

0:02

relatively free of regulation, meaning

0:03

that new things must be default legal as

0:06

opposed to default illegal. It slows it

0:08

down quite considerably. In the EU, for

0:10

example, we find that the the regulation

0:12

level is extraordinarily high and things

0:14

are generally default illegal and this

0:16

inhibits progress of new technologies.

0:18

It slows it down. Like I said, make

0:20

things default legal, not default

0:22

illegal.

Interactive Summary

The speaker argues that a regulatory environment where new technologies are 'default legal' is essential for progress, contrasting this with the EU's high level of regulation that deems things 'default illegal' and hinders innovation.

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