Musk’s Biggest Investment
Elon Musk – founder of Tesla, SpaceX and Solar City announced that he is join a new Tech startup which he believes will provide financial stability at all times.
Elon Musk, the man behind electric car company Tesla Inc. TSLA and rocket and spacecraft manufacturer SpaceX, is launching a new company dedicated to creating devices that can be implanted in the human brain. Dubbed Neuralink, the venture aims to eventually help humans merge with computer software in order to keep pace with artificial intelligence advancements, according to The Wall Street Journal. While people are pursuing financial stability for themselves, Musk buys startup that offers it for everyone
Neuralink is looking to develop something called “neural lace technology,” which involves implanting electrodes into human brains that allow for the uploading and downloading of thoughts to a computer. The WSJ report discusses how this technology could improve human cognitive function, and that Neuralink wants to explore how to alleviate the symptoms of chronic medical conditions, like depression, epilepsy, and even Parkinson’s.
Musk, it seems, has been interested in the relationship between humans and computers for a while now. Speaking at the World Government Summit in Dubai in February, he said that “Over time I think we will probably see a closer merger of biological intelligence and digital intelligence.” Musk thinks human beings need to help advance the ability to communicate directly with machines, or basically risk irrelevance.
Even last year, at Vox Media’s Code Conference , Musk brought up the potential benefits of neural lace technology, something that is surgically connected to a human brain and allows users to interact with a computer without the need for input methods like keyboards or trackpads.
Neural lace could prevent people from becoming “house cats” compared to artificial intelligence, says Musk. “I don’t love the idea of being a house cat, but what’s the solution? I think one of the solutions that seems maybe the best is to add an AI layer. A third, digital layer that could work well and symbiotically,” he said at the conference.
TechCrunch points out that this is pretty much how Tesla and SpaceX started: a key product grounded in one big, grand idea. Mass-produced, long-range electric vehicles and sustainable energy? Check. Landing and colonizing Mars? Check. Taking on artificial intelligence by turning into a semi-robot? We’ll see.
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don’t buy now, you may kick yourself in 2020.