All Rights Reserved. For years, Tesla CEO Elon Musk warned people about the dangers of AI-powered robots, even predicting "scary outcomes" like in "The Terminator." Now, he seems to be taking matters into his own. Musk raised the scenario of mass employment as AI could begin to supplant human work in more and more jobs. The US Justice Department has asked Tesla for documents related to Teslas Autopilot and FSD features, and Bloomberg has reported the Securities and Exchange Commission is investigating his role in shaping the companys self-driving car claims. Elon Musk spoke at an investment conference Friday morning as employees at Twitter, which he now owns, were receiving notifications that they had been laid off from the company. advancement.Subscribe below for weekly motivational videos:https://bit.ly/3tLkE97Share this video if you found it helpful and know someone that will benefit from it!Spoken By: Elon MuskYouTube: https://www.youtube.com/user/TeslaMotors Instagram: https://www.instagram.com/spacex/?hl=enTwitter: https://twitter.com/elonmuskSources:JRE Clips - https://www.youtube.com/watch?v=Ra3fv8gl6NEPoopie Doopie - https://www.youtube.com/watch?v=4qUA3nNWyCgWorld Government Summit - https://www.youtube.com/watch?v=rCoFKUJ_8YoSXSW - https://www.youtube.com/watch?v=kzlUyrccbosCodeEmporium - https://www.youtube.com/watch?v=NJBLx29JuHsTech World - https://www.youtube.com/watch?v=NNqg4vYkC5cVideo Footage \u0026 Music: All video footage is licensed through various stock footage websites. Musk might have had that biological upgrade in mind when he founded Neuralink, a medical device company that is reportedly designing a tool to not only "read" from neural activity but "write" signals into the brain. The Boring Company uses Teslas in its Las Vegas tunnels. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. By Max Zahn November 11, 2022, 11:21 AM 2:18 Elon Musk attends The 2022 Met Gala Celebrating "In America: An An.Read More Dimitrios Kambouris/Getty Images, FILE Sign up now: Get smarter about your money and career with our weekly newsletter, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. 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. "At the end of the day it's easy to make such comments. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake. Greg Jensen, co-CIO of Bridgewater Associates: "We are expecting a much bigger recession than the markets are expecting. Elon Musk (@elonmusk) December 16, 2022 . Patrick T. Fallon/Bloomberg via Getty Images Elon Musk, in his first address to Twitter employees since purchasing the company for $44 billion,. Musk has been pounding the recession alarm in recent weeks, and warning the Federal Reserve's flurry of interest-rate hikes this year have increased the risk of a serious downturn. Elon Musk recently warned of a recession that could come as soon as spring 2022. "If there's mass panic in the stock market, then you've got to really be careful about margin debt.". This is an inspirational and instructive video which will give you alternate point of view about numerous things, You will pay attention to mind blowing exhortation that is vital. Never mind that the CEO has warned he may sacrifice profits for volume, or that the company hasnt accomplished most of what was in his last road map. The earliest Tesla may be able to produce a model off this platform in volume is 2025, Toni Sacconaghi, a Bernstein analyst with the equivalent of a sell rating on the stock, wrote in a Feb. 22 report. Trouble connecting? Carl Icahn, Jamie Dimon, and Ken Griffin have also flagged the risk of a painful economic downturn. . European Union lawmakers have wasted no time warning Twitter-owner Elon Musk over "arbitrary suspension of journalists" following reports late yesterday that . Given how vital satellite technology has been for Europe and Ukraine over the past year, the EU has been scrambling to boost its space capabilities. There's a lot of things that have to happen to turn this economy around, to get us out of a recession. AT&T: 605-531-3016 2023 will likely be the year of a very significant global recession. If we have a significant deterioration of U.S. labour markets over the summer, then there is a risk of recession next year.". Elon Musk (@elonmusk) November 10, 2022 Twitter is also measurably profiting from a proliferation of hate accounts: The nazi "heretostay1488" account shows up as verified for being "Notable. ", "Generally, when you find yourself in an economic scenario like this, where inflation is embedded, it's very hard to get out of it without a real economic slowdown. 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. The US is most likely going to have a recession.". 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. Also robots. 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. Salesforce is paying Matthew McConaughey reported $10 million a year for creative help despite laying off 8,000 Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Nouriel Roubini, NYU Stern economist known as "Dr. Doom": "History suggests it's going to be near mission impossible to avoid a hard landing. Thierry Breton, European Commissioner for the Internal Market said: "I am delighted with the outcome of today's vote, which marks a historic turning point for the EU's strategic autonomy, digital sovereignty and competitiveness. 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. Dec 17, 2022, 4:30 AM. But AI is both positive or negative it has great promise, great capability but also, with that comes great danger.. (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. This seems to have been somewhat of an on-again, off-again pursuit. I think we can do that. Musk's dire warning comes three days after President Joe Biden warned of "Armageddon" amid nuclear threats by Russian President Vladimir Putin. He advised investors to proceed cautiously, conserve cash, and avoid using borrowed money. The reason I created Neuralink long-term as a risk mitigation for digital super-intelligence, in that if we are able to effectively achieve symbiosis with digital intelligence, then the collective human will is better able to steer things in the direction that wed like, or even with benign AI, at least go along for the ride, he told The Babylon Bee in a December 2021 interview. Nevertheless, heres a preview of whats to come: Musk has spent at least 11 months crafting his third Tesla manifesto. Why so much outrage over the burning of an LGBT Pride flag? In December, the founder of PayPal, Tesla, SpaceX and other ventures warned about the potential risks in the rise of AI tools like ChatGPT, which Musk tweeted as one example of training AI to be woke., The danger of training AI to be woke in other words, lie is deadly. "I like to just keep an eye on what's going on with artificial intelligence," Musk told CNBC's Closing Bell in 2014, adding: "There have been movies about this, you know, like '[The] Terminator.' This is a Motivational and educational video which will give you different perspective about many things, You will listen to incredible advice that is very important. November 10, 2022, 11:52 PM UTC Elon Musk. The roughly five . According to a statement from the EU Commission, this "giant leap for EUs technological sovereignty" has been funded by 2.4billion (2.1billion) from the EU budget, plus 685million (608million) from the European Space Agency, while the rest will come from the private sector. ", Some Wall Street analysts are questioning the timing of Musk's announcement. The email, titled "pause all hiring worldwide", was sent to Tesla executives on Thursday, underscoring an increasingly gloomy global economic outlook with prices soaring and war in Ukraine passing its 100th day. 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. Express. The proposal, one of his . 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%.". As machine-learning and robotics technology improve, "There will be fewer and fewer jobs that a robot can't do better, he said. 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.". "Hope for the best, prepare for the worst," the technology billionaire said. You can unsubscribe at any time. 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