Salvadoran President Nayib Bukele recently visited Tesla’s headquarters to engage in discussions with Elon Musk about the impact of emerging technologies, particularly artificial intelligence, on the future of humanity.
On September 21, Bukele shared a video on X that documented his trip to Tesla’s gigafactory in Austin, Texas, where he had the opportunity to meet Musk. The short clip features Musk warmly welcoming Bukele and providing him with a tour of the impressive facility.
Source: Nayib Bukele
Musk subsequently commended Bukele, describing him as “an amazing leader.” During this visit, Bukele was in the United States to participate in the 79th United Nations General Assembly in New York, which takes place in the final week of September.
As a token of appreciation, Bukele presented Musk with locally sourced coffee, while Musk reciprocated with a can of Coca-Cola.
Related: Bhutan has twice as much Bitcoin as El Salvador, says Arkham
El Salvador keen on AI adoption
In a bid to combat rising inflation and decrease reliance on the US dollar, El Salvador has embraced the mainstream adoption of Bitcoin (BTC). The country is now setting its sights on AI and other technological advancements to bolster revenue streams.
ARK Invest CEO Cathie Wood recently forecasted an astonishing tenfold increase in El Salvador’s gross domestic product (GDP) by 2029. In May, Wood met with Bukele to explore investment opportunities in El Salvador, focusing on Bitcoin, AI, and various tech innovations, along with tax incentives.
Source: The Bitcoin Office
After her meeting with Bukele, Wood remarked:
In the more than three years since Bitcoin was established as legal tender, El Salvador has generated over $31 million in profit. Bukele’s primary aim with Bitcoin adoption has been to foster financial inclusion, streamline remittance processes, and attract innovative financial solutions.
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