I used to be in crypto, but now I got interested in AI: Elon Musk

World’s second most richest person Elon Musk said, “I used to be in crypto, but now I got interested in AI”.

Tesla and Twitter owner Elon Musk commented on the changing trend of the digital world from crypto to Artificial Intelligence (AI).

When Elon Musk announced that Tesla would accept Bitcoin as payment for its cars, it proved to be a short-lived initiative. But the EV company’s move opened a door for Adidas’ plans to use blockchain, said the sportswear company’s Web3 lead Erika Wykes-Sneyd.

“Elon Musk helped to open that door for us, just a little bit, so we could capture people’s imaginations internally,” Wykes-Sneyd told Decrypt at the NFT Paris conference. “We did use it as a slipstream,” she added—one that enabled Web3 advocates at the company to “start the conversation” around what Adidas could do with blockchain technology.

Earlier, Elon Musk had clashed often with securities regulators and highway safety authorities, but there’s one area the Tesla and Twitter chief says the government should regulate now: Artificial Intelligence.

“AI stresses me out,” Musk said near the end of a more than three-hour presentation to Tesla investors about company plans.

Tesla’s own ambitious artificial intelligence efforts had a featured role in the presentation of Musk’s “Master Plan 3”, the third part of a series of papers on how to expand Tesla and convert the world to clean energy.