Salvadoran President Nayib Bukele recently visited Tesla’s headquarters to meet Elon Musk. They discussed how next-generation technologies, including artificial intelligence, could influence humanity’s future. On Sept. 21, Bukele shared a video on X showing highlights from his trip to Tesla’s gigafactory in Austin, Texas.
In the short clip, Elon Musk greets the president and gives him a tour of the impressive facility. Musk later praised Bukele, calling him “an incredible leader.” He added:
Just had an excellent conversation with President Nayib Bukele. We talked a lot about the nature of reality, the future of humanity, and how technology like AI and robotics will affect the world.
Bukele is in the U.S. during the last week of September to participate in the 79th United Nations General Assembly in New York. During his visit, he gifted Musk some locally sourced coffee, and in return, Musk offered him a can of Coca-Cola.
Cathie Wood predicts GDP surge for El Salvador
El Salvador focuses on adopting Bitcoin to combat inflation and reduce reliance on the U.S. dollar. Now, the country is also looking to AI and other technologies as new avenues for revenue generation.
ARK Invest CEO Cathie Wood recently made an ambitious prediction: She believes El Salvador’s GDP could grow tenfold by 2029. In May, Wood met with President Bukele to explore investment possibilities in Bitcoin, AI, and other technological advancements and discuss tax policies.
After meeting with President Bukele, Wood expressed her thoughts that President Bukele’s commitment to transforming El Salvador into a hub for Bitcoin and AI, two of the most significant economic and technological revolutions, makes me confident that the country’s GDP could grow tenfold in the next five years.
Since El Salvador adopted Bitcoin as a legal tender over three years ago, the country has made more than $31 million in profit. President Bukele aimed to use Bitcoin to boost financial inclusion, streamline remittance payments, and encourage financial innovation.
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