A video that has been shared shows Elon Musk answering a question on the internet’s future from an interviewer. In an old video, billionaire businessman Elon Musk made the prediction that the internet would “revolutionize traditional media.” The internet has changed how we consume information today, fulfilling Mr. Musk’s 1998 prediction. The Tesla CEO answered a question on the internet’s future from an interviewer in the video that was reposted 26 years ago. According to Mr. Musk, “I believe the internet is the superset of all media.” It serves as the media’s fuel and demise. Almost all forms of media, including print, television, and maybe radio, are moving online.
He described the internet’s special capacity to support interactive “intelligent two-way communication.” “It gives customers the freedom to select what they want to see and when they want to see it, whether it’s broadcast, print, radio, or television,” he continued. He came to the conclusion, “I believe it will revolutionize all traditional media.” He has disclosed that many first believed his vision was “crazy” because it made “this super obvious prediction.“
Through his SpaceX Starlink project, which makes use of a network of satellites in low-Earth orbit, Elon Musk hopes to deliver high-speed internet to every country in the world. The service, which offers unlimited data, no commitments, and low-latency connections, is intended to help underserved and distant areas. Customers can self-install the modem and dish that Starlink provides, making it an easy-to-use service. According to reports, Starlink is attempting to compete with Jio and Airtel by entering the Indian market to offer satellite internet.
The CEO of SpaceX doesn’t see this as a bad thing, despite his earlier prediction that artificial intelligence (AI) will eventually replace all occupations. Speaking from a distance at the Paris Viva Tech event, Mr. Musk predicted that in a future where employment is “optional,” “probably none of us will have a job.” He clarified that individuals had the option to work if they so desired, characterizing jobs as something one might engage in “like a hobby.” He thinks that all of the commodities and services that people require will be provided by AI and robots. In order to realize this vision, Mr. Musk also stated that a “universal high income” is required; however, he made it clear that this is not the same as universal basic income (UBI), which is a notion in which the government gives money to everyone.