Jun 6, 2022 9:15 PM EDT Elon Musk knows he has become the most influential chief executive officer in the world. Available Here: STREAM RBN *LIVE* Its a reversal of sorts for Musk, who co-founded OpenAI, the company which created ChatGPT, as he now seeks to build a competitor to a company of his own making. Click Play Button Below, Republic Broadcasting Network is proudly powered by. I find it hard to believe we're not going to have a recession at that point in time, sometime in the middle to back half of 2023.". European Union regulators have fired another warning shot at Elon Musk over his erratic piloting of Twitter since his takeover last month saying he has "huge work" ahead if the social media. 9. "It also represents a game changer for EU citizens thanks to the development of high-speed broadband removing communication dead zones and strengthening EUs cohesion policy.". Registration on or use of this site constitutes acceptance of our. Return to homepage. 5. A Division of NBC Universal. The message from Musk came shortly after Jamie Dimon, chairman and chief executive of JPMorgan Chase (JPM.N), said the U.S. economy faced challenges akin to a "hurricane". In this eye-opening and educational video, Elon Musk an entrepreneur and business magnate gives his final warning about the rise of Artificial Intelligence (A.I.) Getty. Don't get too adventurous. Ramping up output of its own thicker, more voluminous cells will be key to supporting higher production of both EVs and energy products. Help keep The Christian Post free for everyone by making a one-time donation today. A religious liberty newsletter that is a must-read for people of faith. He shares 2 trades he thinks will deliver 15% annualized returns over the next decade and breaks down why there's a 'decent likelihood' the market sees new lows. Please click here to learn how. Elon Musk's ambitions for Neuralink raise 'deep, serious' questions (part 1), What's the deal with Elon Musk and the 'Devil's Champion' costume? All Rights Reserved. With this new power, he now uses his Twitter account, which has more than 96.8. The U.S. will cool off, while China and Europe are not going to rebound.". Access your favorite topics in a personalized feed while you're on the go. Musks warnings are far from new: as far back as 2017, Musk said he hoped the still-nascent OpenAI would help minimize the dangers that AI technology poses on humans as a species. This includes Artgrid, Storyblocks, FilmPac, and other stock footage websites. Trouble connecting? "It's intended to be friendly, of course," Musk said during the Tesla Bot announcement. Music is licensed through Soundstripe.Disclaimer:Outcast Motivation fully edited and licensed this video. That kind of thing. 1.5M views 9 months ago In this eye-opening and educational video, Elon Musk - an entrepreneur and business magnate gives his final warning about the rise of Artificial Intelligence (A.I.) David Hawkins November 27, 2022 - 2:25 pm 21 Comments. "I have exposure to the most cutting edge AI, and I think people should be really concerned by it. Indeed, Musk noted on Thursday that the decision to build "Optimus" was not prompted by specific manufacturing needs, but instead because Tesla now has the capability to do so. In its first quarter, Tesla reported automotive sales . AT&T: 605-531-3016 The warning, at least the second made by Musk this month, is ironic given the billionaire has previously pledged his Tesla shares. Leon Cooperman, CEO of Omega Advisors: "The combination of Fed tightening, quantitative tightening, a strong dollar, and the price of oil will create a recession in the second half of 2023. ", "There's a possibility of a mild recession. To enjoy our website, you'll need to enable JavaScript in your web browser. IRISS will consist of up to 170 satellites launched into low Earth orbit (LEO), between 2025 and 2027, building multi-orbital connectivity infrastructure, with further assets in medium Earth (MEO) and geostationary orbits. Tesla CEO Elon Musk announced the new engineering and artificial intelligence headquarters at a Wednesday event at the new office space, along with California Gov. (Updates with intraday stock move in the third paragraph. While higher rates can help relieve upward pressure on prices by discouraging spending, borrowing, and hiring, they can also pull down asset prices, erode corporate profits, and cause the economy to shrink. His dire predictions sparked somewhat of a backlash from AI experts like Toby Walsh, an AI professor at the University of New South Wales, who said that Musk made an alarmist remark. 11. FORTUNE may receive compensation for some links to products and services on this website. Here's how, Heaven will be diverse. "The probabilities in this economy tell you to batten down the hatches."2. Elon Musk gives his final warning about Artificial Intelligence, also known as AI. That's what they're supposed to do. "'Please go to the store and get me the following groceries.' Laying out plans to scale the battery business also could mean Musk fleshes out more of his strategy for sourcing raw materials. Elon Musk further discloses his arrangements to turn into a spacefaring development and travel to defaces with SpaceX, Tesla and The Boring Company. Offers may be subject to change without notice. The Tesla, Twitter, and SpaceX CEO noted the severity of the looming recession isn't yet clear, but it could rival the slump in 2009 that followed the collapse of the housing bubble. These experts have flagged numerous growth headwinds, including the Federal Reserve hiking interest rates to cool red-hot inflation, and the Russia-Ukraine war and China's ongoing lockdowns disrupting global trade. Dwayne 'The Rock' Johnson thinks he redeemed himself. On February 14, the European Parliament adopted the proposal for the Infrastructure for Resilience, Interconnection and Security by Satellites (IRISS) constellation, with a near-unanimous support of 603 votes, with only six against. In December 2022, Musk lost his spot as the World's Richest Person to LVMH CEO Bernard Arnault took over. One of the biggest risks to the future of civilization is AI, said Musk. Tesla shares have soared from the two-year low they plumbed in early January, adding roughly $310 billion of market value and returning Musk to the top of the Bloomberg Billionaires Index. Youre a Criminal Because Youre Unvaccinated. Sprint & OTHERS: Elon Musk (@elonmusk) March 3, 2022 As Reuters reports, Musk's warning comes after John Scott-Railton, a senior researcher at University of Toronto's Citizen Lab project, said Russia. ", When that didn't happen, the billionaire entrepreneur promised that Tesla would supply the roads with 1 million "Robotaxis" by 2020. The latter include Powerwall battery systems for home energy storage and the Megapack for commercial customers. The Information and Platformer earlier reported Musks bankruptcy statement. "We have not faced the prospect of Armageddon. The warning read that Musk could be "breaking the pot of China." We've pulled forward demand because of very inappropriate fiscal and monetary policies, and ultimately a price is going to be paid.". OpenAI was created as an open source (which is why I named it Open AI), nonprofit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft, he replied. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices 701.801.3663 Last spring, he softened his tone during Tesla's first-quarter earnings call, noting that "punctuality is not my strong suit.". Indonesia President Joko Widodo and members of his administration also have said theyve been in talks with Tesla about the carmaker constructing a factory in the Southeast Asian nation home to key battery metals. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Musk said more than two years ago that battery innovations Tesla was working on would enable the company to make a $25,000 electric vehicle. Verizon: 605-562-5111 Teslas rollout of that feature which supports drivers who are responsible for operating their car at all times is on pause due to a recall of almost 363,000 vehicles. Mr Breton's comments about space-based sovereignty were likely aimed at Mr Musk, who days earlier blocked Ukraine's military from using Starlink satellites to operate weapons. Let's not forget that, Why revival must be tethered to Scripture, Revelation 9: The pit, the smoke and hideous demon creatures, Elon Musk says Twitter interfered in elections; ex-head of safety admits to Hunter Biden 'mistake', Healing the lame, bringing sight to the blind? Published: 12:00 ET, Mar 14 2022 Updated: 12:00 ET, Mar 14 2022 BILLIONAIRE space tycoon Elon Musk has revealed how to manage your money when inflation soars. suggesting in 2022 that the technology was an example of "training AI to be woke. (Bloomberg) -- Teslas stock tends to do well when the electric-car maker is growing like gangbusters and Elon Musk is thrilling fans about a brighter future. Updated Dec 15, 2022 - Economy & Business Elon Musk's Twitter suspends several journalists' accounts without notice Shawna Chen Sara Fischer Elon Musk talks to the press at the construction site of a new Tesla Gigafactory on Sept. 3, 2020 near Gruenheide, Germany. Powered and implemented by Interactive Data Managed Solutions. From a cash standpoint, keep powder dry. Musk set a moonshot goal to sell 20 million EVs a year by the end of the decade, which would require a whole lot more plants. ", Some Wall Street analysts are questioning the timing of Musk's announcement. Yoel Roth and Robin Wheeler, two executives who until todayhad emergedas part of Elon Musks new leadership team, have resigned, according to another person familiar with the matter, who asked not to be identified discussing non-public information. Sorry, your blog cannot share posts by email. In 2017, Musk publicly referenced "The Terminator" again, citing his neurotechnology startup Neuralink which aims to develop brain implants for humans to interface with machines as a preventative tool against a threat like Skynet, the 1984 movie's AI antagonist. The CEO has already confirmed plans to refine lithium in Texas, and Tesla has been mulling a takeover of miner Sigma Lithium, Bloomberg reported last month. He ended employees ability to work remotely unless he personally approved it. '.Business inquiries?Request my email using the button on our 'About' page!Non-business-related emails will be ignored and you will be blocked.Links included in this description might be affiliate links. The US is most likely going to have a recession.". Tesla's Elon Musk Has a Dire Warning for Nio, Rivian and Lucid Electric-vehicle leader Tesla's CEO has thrown down a gauntlet for the coming year. And Twitter CEO Elon Musk chimed in on the discussion. On Tuesday, Mexico President President Andres Manuel Lopez Obrador said the company will build a new plant in Monterrey. Ms Shotwell referred to reports that the Ukrainian military has been using the Starlink internet service to control drones used to combat Russian forces. The key to keeping humans competitive, Musk added, is "a closer merger of biological intelligence and digital intelligence., Humans, according to the billionaire, must close the gap: "It's mostly about the bandwidth, the speed of the connection between your brain and the digital version of yourself, particularly output.". Photo: Maja Hitij via Getty Images However, Musk's net worth is now worth more than that of Arnault sitting at $187.1 . Musk will want to choose his words carefully if he decides to broach this subject at another investor day. Prophesizing the next move of a man who, in the last day and a half, has posted about fentanyl crossing the US border, ending the war in Ukraine, Berkshire Hathaway being high on Coke and humans occupying the moon, is a fools errand. The European Union has announced plans to launch its own satellite constellation system, similar to Elon Musk's Starlink. Still, Musk suggested on the podcast that after a largely uninterrupted 14-year expansion, the US economy is "overdue" for a recession. While Musk is known for his support and development of artificial intelligence, he's long opposed the pace of advancement in robotics often citing a film that came out when he was just 13. ", "Although the Fed thinks a soft landing is possible there are some warning signs in the economy. This is a Motivational and educational video which will give you a different perspective about many things, You will listen to so much incredible advice that is very important. You can unsubscribe at any time. "If Putin fears . "If there's mass panic in the stock market, then you've got to really be careful about margin debt.". v. t. e. Business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Why so much outrage over the burning of an LGBT Pride flag? Woody Harrelson's opening monologue during "Saturday Night Live," where he referenced the COVID-19 pandemic and collaboration between the medical industry and the government to push vaccines, has sparked backlash online. But AI is both positive or negative it has great promise, great capability but also, with that comes great danger.. Musk pushed out most of the social networks top executive team when his acquisition closed last month. Elon Musk issues 'WW3' warning after dealing Ukraine . Though theres not a whole lot of overlap between making electric cars and launching rockets, there could be opportunities for Teslas cars and charging stations to leverage SpaceXs satellite internet service Starlink. Also make sure to press the bell icon to get a notification when new videos are uploaded! According to a report by CNBC, the Chinese state-run newspaper Global Times has warned Musk for advancing a "conspiracy theory" about the pandemic with his Wuhan 'lab leak' tweets. ", "You probably won't see the bottom of the equity markets until they begin easing, six to seven months from now. Thank you for supporting Elon Musk Zone so I can continue to provide you with free content each week!All materials in these videos are used for educational purposes and fall within the guidelines of fair use. Elon Musk further discloses his arrangements to turn into a spacefaring development and travel to defaces with SpaceX, Tesla and The Boring Company. Nevertheless, heres a preview of whats to come: Musk has spent at least 11 months crafting his third Tesla manifesto. There is no additional charge to you! ", Read more: Here's how investors should play it safe for 3-6 months to set themselves up for a decade of strong performance, according to UBS. Chief Financial Officer Zachary Kirkhorn and his . In a tweet to his 78million followers, Musk urged Americans to focus on "owning physical products" - rather than hoarding dollars. Weeks after that, SpaceX's President, Gwynne Shotwell, said that the service which the Ukrainian military has been using to control drones was "never meant to be weaponised". Recently, Musk has been teasing a dedicated robotaxi, casting doubt on whether models already on the road will ever be able to autonomously pick up passengers and earn their owners $30,000 a year, as he claimed back in 2019. Were already at this point partially a cyborg in that our phones and computers and applications are a digital extension of ourselves at this point.. Elon Musk is reportedly putting together a research team to combat what he has termed the deadly threat of woke artificial intelligence. We know that growth is slowing and inflation remains persistently high and we know that the Fed will need to act aggressively to bring inflation back down. Carefully if he decides to broach this subject at another investor day heres a preview of whats to:... Ceo elon Musk knows he has become the most influential chief executive officer in the stock market, you! Signs in the economy can not share posts by email 's intended to be friendly of. 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