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Elon Musk discusses environments conducive to innovation at G20

Elon Musk spoke about environments conducive to innovation of AI and new technologies. Not surprisingly, he recommended against heavy regulations, what he called “default illegal.”

Although EU members were at the G20, Musk nonetheless characterized EU regulations as “extraordinarily high and things generally default illegal.”

@yahoofinance

Elon Musk called for leaders at the G20 summit to invest in more in startups. Think of new companies like they’re like small saplings in a forest … What most countries tend to do is they tend to provide too much support to the large existing trees in the forest and not enough to the small saplings. But the large trees don’t need the support. It’s the small saplings that do, the startups,” Musk said. 🌱🌳 #elonmusk #startups #g20summit

♬ original sound – Yahoo Finance – Yahoo Finance

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