Elon Musk’s journey to immense wealth was not without risks. Throughout his career, he took calculated risks, investing significant amounts of his own money and resources into ventures with uncertain outcomes. While some risks paid off handsomely, others presented challenges. Nonetheless, his willi...
Tesla CEO Elon Musk and OpenAI CEO Sam Altman. Left: Marc Piasecki—Getty Images; right: Chris Ratcliffe—Bloomberg/Getty ImagesThe following is an excerpt from Gary Marcus’s book Taming Silicon Valley: How We Can Ensure That AI Works for Us. The question is, why did we fall for Silicon...
or about $44 billion. While the deal hasn’t closed, Elon Musk is still the largest shareholder with 9.5% stock ownership, followed by Jack Dorsey, with 2.3% ownership, as the second-largest individual shareholder.
Doing that requires Musk to learn something that falls outside some of his core engineering expertise. Platforms like X “sell users to advertisers,” says Future Fund Active ETF co-founder Gary Black. His point: Media businesses are different than manufacturing businesses. Tesla, to succeed, nee...
He calls me to his computer and my eyes pop out of my head: I see a chart for 15 years! I was shocked. I didn't ask how he did it, but he says, in what form should I dump all this for tabulation? I answer, already quietly - in any form! I quickly wrote a database based...
and they go raise money and his beef is that they form this for profit and raise the[00:18:28] Paul Roetzer: money. Well, why did they do that? Let's, let's revisit history. So here's the New York Times. Initially, Mr. Musk wanted to operate OpenAI as a non profit free from...
Still, it leverages the data users provide and technology, thus having a key customer pay to sustain the core asset. For example, Google makes money by leveraging users’ data and its algorithms sold to advertisers for visibility. This is how attention merchants make monetize theirbusinessmodels....
Elon Musk sometimes read for 10 hours per day. He didn’t start with physics equations though. He started with science fiction books that activated his imagination. Legend has it that Isaac Asimov’s Foundation Trilogy inspired him to extend life beyond earth. Spurred by inspiration, Musk buried...
One of the biggest decisions I imagine you’re facing is that the McKinseys and the private equity companies of the world are showing up at your door and saying, “Let’s just blow this out. Let’s just make all of the money.” How do you resist that pre...
His twin, however, did not move. He spoke in German, his voice loud and clear:"Is this good?" Alban laughed harshly and, in return, quoted Nietzsche:"What is good? All that heightens the feeling of power in man, the will to power, power itself." ...