On Wednesday, Tesla CEO Elon Musk and Alibaba cofounder Jack Ma took the stage at the World AI Conference in Shanghai to debate artificial intelligence and its implications for humanity. As expected, Ma took a far more optimistic stance than Musk. Ma encouraged people to have faith in humanity, our creativity, and the future. “I don’t think artificial intelligence is a threat,” he said, to which Musk replied, “I don’t know, man, that’s like, famous last words.” An edited transcript of the discussion follows.

Elon Musk: What are we supposed to say? Just things about AI perhaps? Yeah. Okay. Let’s see.

Jack Ma: The AI, right? Okay, great.