Will Musk's Reform Be Successful?

2024.11.17 AM 03:06
[Anchor]
Tesla CEO Elon Musk will lead Trump's 2nd Government Efficiency Department.

How will Musk ensure government efficiency?

Will Musk's reform be successful?

Reporter Kwon Young-hee reports.

[Reporter]
Elon Musk has long said he will make major reforms through the Ministry of Government Efficiency.

[Elon Musk / Tesla CEO (Oct. 27): All government spending is tax. So whether it's direct taxation or government spending, whether it's inflation or direct taxation. Your money is being wasted and the Government Department of Efficiency will correct it.]

Immediately after being nominated as the head of the Ministry of Efficiency, he posted on X that he would rank tax waste and disclose it, signaling a major bureaucratic reform.

First, it is expected to remove regulations.

Musk's style is to distribute it first and then modify it later.

Despite several accidents and government warnings, we have strongly pushed for the introduction of fully autonomous driving technology.

[Elon Musk/Tesla CEO: Could save countless lives and prevent injuries. Self-driving cars will be 10 times safer than humans.]

However, accidents are still ongoing.

For this reason, it is pointed out that excessive deregulation may have disastrous consequences.

It is expected that it will also seek massive job cuts by promoting efficiency.

Trump called Musk a "cutter" and praised his ruthless stance on firing him.

In fact, Musk has reduced the number of employees tremendously with the acquisition of Twitter.

[Corinne McSherry / Legal Director, Electronic Frontier Foundation: Twitter is responsible for its users. If Twitter is to take that responsibility seriously, it believes it needs to double its workforce, not cut it by 75%.]

X, which has changed its name from Twitter, is suffering from technological instability.

There was also a series of user and advertiser departures by disseminating unconfirmed misinformation.

It shows that the drastic job cuts may not be a death knell.

Musk, who supported Trump in full, gained strong confidence and gained enormous influence.

[Stephanie Alice Baker/Professor at City University of London: Trump wants to show that Musk is not only a tech entrepreneur, but also a pioneer and a genius, he is moving forward as a country, not as an individual.]

It remains to be seen whether Musk, a politician and administrator turned politician, will succeed in government reform as well.

I'm YTN's Kwon Younghee.



Video editing: Han Kyung-hee


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