However, Musk's net worth is now worth more than that of Arnault sitting at $187.1 . "That is the aspiration: to avoid AI becoming other," he wrote on Twitter. If we have a significant deterioration of U.S. labour markets over the summer, then there is a risk of recession next year.". Follow Outcast Motivation below:YouTube: https://bit.ly/3tLkE97Instagram: https://www.instagram.com/outcastmotivation/?hl=enOur goal and purpose with this motivational channel is to produce the best motivational videos and speeches that inspire millions of people to achieve success in life. The billionaire recently cut half of Twitters staff and introduced dramatic changes to its subscription rules. The stock took a breather in the hours leading up to the event, slipping 2.5% as of noon New York time. 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. Elon Musk taking on 'danger' posed by woke AI including tool created by company he co-founded, Bible teacher Jen Wilkin addresses criticism of her views on sending children to public schools, Teen, 21-year-old man indicted for murder of Memphis pastor, Deion Sanders' prayers are constitutionally protected, lawyer tells University of Colorado, Revival at Kentucky college faces hurdles from school leadership, moves worship off-campus. . 1. If you purchase a product or service with the links that I provide I may receive a small commission. He also cast a somewhat shaky vote of confidence that, if needed, humans could defend themselves against the Tesla Bot: "Hopefully that doesn't ever happen, but you never know.". It does not. ", "There is a risk of recession yes but you need to see numbers heading in that direction and so far there are none. 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. (part 2), Elon Musk: 'I'm OK with going to Hell' (part 3), Televangelist Joyce Meyer gets tattoo at 79, says she did it to honor God, School district rescinds approval of After School Satan Club, cites policy violation, Virginia Catholic university cuts theology program, several other majors, NYC Mayor Eric Adams says it was a mistake to take prayer out of public schools. In response to rapid inflation, the US central bank has raised rates from almost zero in March to over 4% today, and signaled they could peak above 5% next year. Dont forget to subscribe to our channel: @Inner Vision, Follow us on Facebook: https://www.facebook.com/innermoti/. Elon Musk could face activist investors . "Don't get too adventurous. Never . As of December 2020, Musk had 92 million Tesla shares. For example, in 2016, Musk promised full self-driving vehicles by 2018, writing on Twitter: "In ~2 years, summon should work anywhere connected by land & not blocked by borders, eg you're in LA and the car is in NY. Gavin Newsom. Read more: The world's top investment firms pay Rob Arnott for advice. Laying out plans to scale the battery business also could mean Musk fleshes out more of his strategy for sourcing raw materials. to lose $200 billion in wealth after his net worth slid from some $340 billion in Nov. 2021 to $137 billion in Dec. 2022. Clarification: This story has been updated to reflect that the Tesla Bot prototype will soon be in development, according to Musk. To enjoy our website, you'll need to enable JavaScript in your web browser. Speaking virtually at the World Government Summit in Dubai, United Arab Emirates, earlier this month, Musk issued another warning about the urgent need to regulate AI. In discussing Twitters finances and future, Musk said the company needed to move with urgency to make its $8 subscription product, Twitter Blue, something users will want to pay for given the pull back by advertisers impacting revenue. On Monday 27 February, the billionaire reclaimed his title as World's Richest Person . ", "Since many plants have not been working at full capacity since the (coronavirus) pandemic began, planned cost-cutting measures by the car companies are quite understandable. 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.) 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. A statement from the EU Commission's Directorate-General for Defence Industry and Space (DEFIS) read: "IRISS will soon join its counterparts Galileo and Copernicus and compliment [sic] them by providing sovereign, secure, resilient and cost-effective seamless communication services, with initial services by 2024 and full operational capacity by 2027.". That kind of thing. 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. The Information and Platformer earlier reported Musks bankruptcy statement. The warning, at least the second made by Musk this month, is ironic given the billionaire has previously pledged his Tesla shares. "My best guess is that we have stormy times for a year to a year and a half, and then dawn breaks roughly in Q2 2024," he added. These plans were unveiled last month, just days after the SpaceX CEO told Ukraine that it can no longer use his space firm's internet satellites to control drones after accusing Ukrainians of leveraging the service "in ways that were unintentional part of any agreement". 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. 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. He advised investors to proceed cautiously, conserve cash, and avoid using borrowed money. Musk will want to choose his words carefully if he decides to broach this subject at another investor day. "We're [already] making the pieces that are needed for a useful humanoid robot," said Musk, offering no further explanation for how Tesla will safeguard against his long-held concerns. Check it out! Dec 16th 2022 at 11:26AM. ", 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. Click Play Button Below, Republic Broadcasting Network is proudly powered by. The first effectively introduced the company to the world way back in 2006, and part deux was the CEOs best attempt at justifying an acquisition he later regretted. In January, Musk said Tesla is planning several more hardware iterations and will cease retrofits, risking the wrath of customers whove paid as much as $15,000 for what the company calls Full Self-Driving, or FSD. Photo: Maja Hitij via Getty Images Last modified on Mon 31 Oct 2022 14.13 EDT J ust three days after Elon Musk bought Twitter, he posted a tweet promoting the baseless allegation that Paul Pelosi, the husband of the speaker of. Twitter's owner Elon Musk has recently tweeted about the new report. CEO Elon Musk, who through his electric vehicle company and other ventures strives for sustainable development, chimed in with his views. 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. Twitter boss Elon Musk has fired a warning back at Retired U.S. Army Lieutenant Colonel Alexander Vindman after his apparent role in a spamming attack was exposed. "Hope for the best, prepare for the worst," the technology billionaire said. He aspired to have it implanted in a human being by the end of 2019. 8. Musk pushed out most of the social networks top executive team when his acquisition closed last month. 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. A Division of NBC Universal. Elon Musk forecast a US recession next year that could last until the second quarter of 2024. Join thousands of others to get the FREEDOM POST newsletter for free, sent twice a week from The Christian Post. READ MORE: Elon Musk issues 'WW3' warning after dealing Ukraine blow with ban. "Maybe there's a five to 10 percent chance of success," he said at the time. He shares some important points about A.I. As Elon Musk spends most of the week in the headlines, so pop up Elon Musk-themed scamsand it looks like they may be ramping up. We will need skilled workers more than ever in the future. At the time, fears had grown that Mr Musk could cut off access to Starlink for Ukrainian troops over funding issues, which could further push Europe towards boosting its independence in space. The CEO told investors in January 2022 that the company wasnt working on the car, then said nine months later that a next-generation platform that will cost roughly half what the Model 3 does to build was the primary focus of our new-vehicle development team.. suggesting in 2022 that the technology was an example of "training AI to be woke. Last week, Adams called Black Americans a "hate group" and suggested that White people should "get the hell away" from them. See here for a complete list of exchanges and delays. The company launched the Roadster, Model S, Model X and Semi behind schedule, and it has yet to deliver the Cybertruck unveiled more than three years ago. Return to homepage. According to Musk, the prototype will be completed sometime in 2022, though the billionaire entrepreneur is known for blowing past his own publicly stated deadlines on large, flashy projects. ", "Although the Fed thinks a soft landing is possible there are some warning signs in the economy. Trouble connecting? Youre a Criminal Because Youre Unvaccinated. / 'China Will Overtake US!' Elon Musk Zone 936K subscribers Join Subscribe 196K Share Save 12M views 1 year ago #Neuralink #Cars #OpenAI Watch the secret docu's where Elon Musk uncovers the truth that's hiding. Powered and implemented by Interactive Data Managed Solutions. 0. 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.". CEO Elon Musk has again warned that the world should be worried about a "population collapse." What Happened: In a series of tweets, Musk dwelt on the rapidly declining birth rates around the. This abandoned high school was converted into a 31-unit apartment building. 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. The sentiment and, for that matter, the entire nature of the announcement may come as a surprise to anyone familiar with Musk's long-standing public views on AI-powered robots. My best guess is that we have stormy times for a year to a year and a half, and then dawn breaks roughly in Q2 2024. "Laying off workers, however, is not the best reaction. According to the report, Musk who recently regained his title as the worlds richest man is hoping to recruit a number of top AI researchers, including Igor Babuschkin, who worked at the DeepMind AI unit for Google parent company Alphabet. But AI is both positive or negative it has great promise, great capability but also, with that comes great danger.. Registration on or use of this site constitutes acceptance of our. Since February 2022, SpaceX and Elon Musk have been providing Ukraine with critical internet services through the Starlink satellites as Russian troops descended on their neighbouring country in a brutal invasion that has claimed thousands of lives. 5. Music is licensed through Soundstripe.Disclaimer:Outcast Motivation fully edited and licensed this video. Verizon: 605-562-5111 The probabilities say if we're not in a recession right now, we're likely to be in one very soon. 11. Tesla has four car factories in California, Texas, China and Germany that its said have the capacity to make more than 1.9 million vehicles a year. An 85-year Harvard study found the No. 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. Billionaire Elon Musk founded SpaceX in 2002. dpa/picture alliance via Getty Images As of mid-January, Musk said SpaceX had about 1,500 active Starlink satellites in orbit, with hundreds more soon . 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. November 4, 2022 8:00pm Elon Musk interviewed by Ron Baron (4 November 2022) Watch on UPDATED with latest Elon Musk comments: If nothing else, it's apparent that Elon Musk enjoys. Everyone has fears but there is no sign yet to justify such a negative outlook. We are passionate to make the best videos about motivation, inspiration, education, business, and entrepreneurship to motivate millions. or Elon Musk TRIGGERED: 'END This Interview RIGHT NOW!!' Also, he's the founder, CEO, CTO, and chief designer of SpaceX, early investor, CEO and architect of Tesla, The Boring Company founder, Neuralink co-founder, and OpenAL cofounder and initial co-chairman. ", "The question is - will they be able to act as aggressively as they need to, and obviously Elon Musk doesn't think that they're going to be able to, without putting the economy into a deep recession. If you are or represent the copyright owner of materials used in this video and have a problem with the use of some of these materials, please contact me via my email on the \"About\" page on my channel, I am sure we will sort it out.Copyright Elon Musk Zone 2021#ElonMusk #Musk #Elon #Tesla #SpaceX #Neuralink #Technology #Cars #Space #SpaceTravel #TheBoringCompany #OpenAI #SolarCityMB01BBH8GJL2T0B Elon Musk's Twitter has a new rule for everyone with an account on Twitter to follow, as he announced from his own account . LISTEN ON YOUR PHONE: Entrepreneur motivation, business motivation, study motivation, motivational stories are just some of the many interesting and fun topics we cover! The roughly five . Elon Musk defended "Dilbert" creator Scott Adams after hundreds of newspapers stopped printing the comic strip because of Adams' recent racist comments. . "I have exposure to the most cutting edge AI, and I think people should be really concerned by it. 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. [1/2]Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. In a few years, that bot will move so fast you'll need a strobe light to see it. Try these: Elon Musk discusses his look on life and why he figures we could be living in a reenactment, the secret subtleties that show why we're in a recreated reality. Musk also told staff on the call that the days of free food and other perks are over at Twitters offices, the person said. FRANK SCHWOPE, AUTOMOTIVE ANALYST WITH NORDLB: "I see the statements as a forewarning in case the economy takes a turn for the worse. There are things that we can do to limit their ability to do that. 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. By clicking Sign up, you agree to receive marketing emails from Insider Jeff Gundlach, DoubleLine Capital CEO: "Recession is easily 60% in the next six-to-eight months, and for the year 2023, I'd put it at more like 80%.". AT&T: 605-531-3016 That is something we'll need to face. Elon Musk: America Is Entering A Terrifying Financial Crisis. This pessimism, even despair, had led the tech mogul to propose a controversial peace plan, which incorporated many of Putin's demands. 641-741-0030, CLICK HERE FOR RECORDED ARCHIVES/PODCASTS, January 5, 2022 in News, Video by RBN Staff. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Since February 2022, SpaceX and Elon Musk have been providing Ukraine with critical internet services through the Starlink satellites as . Ian M. Giatti is a reporter for The Christian Post. "And I think one of the biggest risks to civilization is the low birth rate and the rapidly declining birth rate." ", "For the Fed to truly conquer inflation here, we're going to put unemployment somewhere in the mid-4% range. Elon Musk forecast a US recession next year that could last until the second quarter of 2024. Jeff Bezos, Amazon's founder and executive chairman: Elon Musk, CEO of Tesla, SpaceX, and Twitter: Charlie Munger, Warren Buffett's business partner and vice-chairman of Berkshire Hathaway: Carl Icahn, chairman of Icahn Enterprises: Greg Jensen, co-CIO of Bridgewater Associates: Nouriel Roubini, NYU Stern economist known as "Dr. Doom": 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, Registration on or use of this site constitutes acceptance of our. How this 39-year-old earns $26,000 a year in California. 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. Carl Icahn, Jamie Dimon, and Charlie Munger also warned in the fourth quarter of 2022 that the economy could shrink and unemployment might spike. Elon Musk further discloses his arrangements to turn into a spacefaring development and travel to defaces with SpaceX, Tesla and The Boring Company. ), Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Russian Airlines Are Flying High Despite Sanctions, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, FBI Documents Show Leonardo DiCaprio, Kim Kardashian Grilled for 1MDB Secrets, This Road Could Save the Planetand Carve Up Alaskan Wilderness, EU's Vestager says scrutiny of competition in metaverse already needed, FOREX-Euro rally pauses ahead of Europe inflation data, RPT-UPDATE 2-LSE Group 2022 earnings meet forecasts, eyes buyback on Blackstone/TR stake, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Britain's FirstGroup to add another 117 electric buses to fleet by 2024. "It does seem like we're headed into a recession here in 2023," Musk said during an episode of the "All-In Podcast" released on December 24. Elon Musk bans several prominent journalists from Twitter, calling into question his commitment to free speech Vra Jourov, the European Commission's vice president for values and. Almost every investor has been warning of an economic slowdown of some kind, but not many give a time frame as urgent as Elon's latest prediction. 0 Comments. We've pulled forward demand because of very inappropriate fiscal and monetary policies, and ultimately a price is going to be paid.". The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. All Rights Reserved. Why so much outrage over the burning of an LGBT Pride flag? In January, Express.co.uk first reported that the EU could be considering building their Starlink alternative, to ensure that they do not have to rely on the whims of the world's richest man. At that time, Musk said that the technology was placed inside a monkey's brain and that the animal was able to control a computer through its thoughts. 9. Elon Musk is reportedly putting together a research team to combat what he has termed the deadly threat of woke artificial intelligence. 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. Musk joked last week that Tesla specializes in making the impossible merely late.. Specifically, the Center for Countering Digital Hate said that daily use of the n-word under Musk is triple the 2022 average and the use of slurs against gay men and trans persons are up 58% and . Consumers are in very good shape, companies are in very good shape. Also robots. All rights reserved. All Rights Reserved. United Arab Emirates, earlier this month, Musk issued another warning about the urgent need to regulate AI. Musk has claimed that Tesla's autonomous vehicles will hit the market shortly after they get regulatory approval across the United States. STREAM RBN *LIVE* I think we can do that. Subbarao Kambhampati, who teaches computer science at Arizona State University, also described Musk's statements as alarmist. This may include adverts from us and 3rd parties based on our understanding. Musk has just warned the Ukrainians to prepare for a "major Russian offensive." The CEO does not say whether he has exclusive information that leads him to issue this dire warning. For his next promulgation, Musk will detail the path to a fully sustainable energy future for Earth. While he predicted back in 2019 that Teslas energy business will match or exceed the size of its car business eventually, the company has derived 88% of its revenue from automotive operations each of the last two years. Chief Financial Officer Zachary Kirkhorn and his . ", "You probably won't see the bottom of the equity markets until they begin easing, six to seven months from now. There's a lot of things that have to happen to turn this economy around, to get us out of a recession. ", "You really have to look at the world, which is in bad shape. The European Union has announced plans to launch its own satellite constellation system, similar to Elon Musk's Starlink. November 10, 2022, 11:52 PM UTC Elon Musk. Things are slowing down, you're seeing layoffs in many, many sectors. 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. Post was not sent - check your email addresses! 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. CNN President Joe Biden on Friday brushed off economic warnings from Tesla CEO Elon Musk and JPMorgan Chase CEO Jamie Dimon as he touted May's jobs report, saying the nation is likely to. ", Shortly thereafter, Musk tweeted some additional commentary this time, centered on a viral video of a parkour-performing robot made by Waltham, Massachusetts-based robotics firm Boston Dynamics: "This is nothing. ", "We're talking about stagnation and a global economy which has to go through significant structural change, such as decarbonisation, deglobalisation and adjusting to older societies. Path to a fully sustainable energy future for Earth Inner Vision, Follow us Facebook! United States decides to broach this subject at another investor day, to get us out of a recession more!: to avoid AI becoming other, '' the technology billionaire said and introduced changes. The Tesla Bot prototype will soon be in development, chimed in with his.! 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Us on Facebook: https: //www.facebook.com/innermoti/ of an LGBT Pride flag * LIVE * think! Be in development, chimed in with his views enable JavaScript in your web browser subscription rules what! Urgent need to enable JavaScript in your web browser has fears but there is no sign to... About Motivation, inspiration, education, business, and avoid using borrowed.., prepare for the worst, '' he wrote on Twitter Entering a Terrifying Financial Crisis the best about! I may receive a small commission event, slipping 2.5 % as of noon New York time apartment...