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Billionaire investors of the internet era are now locked in a war of words and influenced to determine whether AI's future will be one of concentrated safety or unfettered advancement. The stakes couldn't be higher.<br/><br/>In May 2023, OpenAI CEO Sam Altman appeared on Capitol Hill for a Senate subcommittee meeting on AI. The substance of his message: Regulate us. For his opponents, this was the mask-­off moment they’d been wait­ing for. Three months earlier, Musk, who had cofounded and bankrolled OpenAI when it was still an open­ source nonprofit, had taken to X to decry OpenAI’s recent multibillion­ dollar capi­tal infusion from Microsoft. From its nonprofit roots, OpenAI had evolved into a “closed­ source, maximum­ profit company effectively controlled by Microsoft,” Musk said.<br/><br/>For Vinod Khosla and Reid Hoffman—who met with Alt­man together at least once to talk strategy but otherwise move in separate circles—OpenAI’s willingness to compromise is how to get things done. Whether Hoffman is talking to Biden, Pope Francis or U.S. Commerce Secretary Gina Raimondo, a frequent collaborator in recent months, their questions are similar: How will constituents’ lives change because of AI? What about their jobs? When should they be excited for benefits, or cautious about risks? “You have to show you understand what their primary game is, and that they can trust you to figure it out,” Hoffman says. “If your approach to government is to say ‘get out of my way,’ then you’re not help­ing with their game.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/alexkonrad/2024/06/04/inside-silicon-valley-influence-battle-for-ai-future/?sh=44d2570c2dc4<br/><br/>0:00 Introduction<br/>0:59 Where Is Silicon Valley On AI<br/>5:03 Reid Hoffman And The State Of Open AI<br/>7:44 Where Does Social Media And AI Regulation Stand?<br/>9:55 Vinod Khosla's Take On Open AI And The State Of The Industry<br/>13:30 Will Regulations Aid Our Society From AI Going To Far?<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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The Rider's journey has seen more CRAZY then all of Nicholas Cage's career.
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Some Early Tesla Bulls , Are Ditching the Stock.<br/>Reuters reports that Tesla's shares <br/>are down about 30% this year.<br/>Since 2021, shares have fallen <br/>over 50%, causing the company to <br/>lose $600 billion in market value. .<br/>Q1 results fell short of analysts' expectations.<br/>As a result, many of Tesla's <br/>institutional shareholders are saying <br/>goodbye to the stock, Reuters reports. .<br/>Gabelli Funds sold all of <br/>its 65,900 shares in Q1. .<br/>It started to feel like the <br/>fundamentals were becoming <br/>detached from reality. , John Belton, a portfolio manager at Gabelli Funds, via NPR .<br/>We think the stock works best when <br/>there are auto company fundamentals <br/>that justify the stock price, John Belton, a portfolio manager at Gabelli Funds, via NPR .<br/>Ross Gerber of Gerber Kawasaki Wealth <br/>& Investment Management has sold <br/>about 200,000 Tesla shares this year. .<br/>I think the story is over, <br/>is the best way to say it, Ross Gerber of Gerber Kawasaki Wealth <br/>& Investment Management, via NPR.<br/>Over the last year and a half, Elon’s <br/>personal quests based on the way that <br/>he sees the world have superseded the <br/>interests of Tesla and its shareholders, Ross Gerber of Gerber Kawasaki Wealth <br/>& Investment Management, via NPR.<br/>However, not all of Wall Street <br/>has given up on the stock.<br/>Five mutual funds tracked by Morningstar <br/>increased their Tesla shares last quarter, <br/>and 19 analysts have given Tesla a \
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CHM Tech
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