Elon Musk reveals Neuralink plans, including his third CEO role

"The first use of the technology will be to fix brain injuries as a result of stroke or cutting out a cancer lesion, where somebody's fundamentally lost a certain cognitive element", said Musk in an interview with the website Wait But Why.

Elon Musk further explains consensual telepathy by stating that it is necessary to correctly communicate any kind of concept. Every human has a number of concepts in his head but the brain needs to compress them due to an incredibly low data rate which is speech or typing.

"If you have two brain interfaces, you could actually do an uncompressed direct conceptual communication with another person", Mr. Musk said, adding that this technology could allow a person to beam an image into someone else's brain as an alternative to physically describing it with words.

Last month, Elon Musk revealed Neuralink, his next venture that involves merging the brain and AI. Once computers are able to read exactly what's happening in the brain, and send that information off to other brains or computers, the human being may be able to keep up with the rapid advancement of AI.

Tesla Motors founder Elon Musk has hinted at the possibility of the electric-car maker setting up a Gigafactory in India to make lithium-ion batteries in. Neuralink will be Musk's third company along with Tesla and SpaceX.

The tech is still young, but Musk says he's hoping to have technology for those suffering from severe brain injuries in just four years. The technology to quickly interact with the human brain isn't available yet. And if we haven't figured out the science of that now, what's the likelihood that we would have in the eight-10 years Musk intends to roll out his first "neural laces" for people without disability (Neural laces are implants that will go into the human brain).

However, the entrepreneur, who is known for his overly optimistic deadline announcements, did couch that by saying it does depend "heavily on regulatory approval timing and how well our devices work on people with disabilities".

Now, Musk will be chief executive of Neuralink, which was registered as a medical research company previous year. Or, converse telepathically. While the idea of having a device implanted in out body is totally alien at this point, Musk says that we are already part-cyborgs. As for Neuralink's next steps, we won't even pretend we know; we'll just have to wait until Musk and his team of super-smart people tell us what they're up to.

Vanessa Coleman