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TagElon Musk

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Twitter Gets Blasted While Meta Struggles

While Musk’s every move is being scrutinized, Zuckerberg’s struggles fall to the wayside

Elon Musk, CEO of SpaceX and Tesla and founder of PayPal, radically reorganized Twitter in October and November, and now, is the subject of much criticism from the media. He has laid off hundreds of employees and fired the advisory board. In addition, he reinstated the formerly suspended accounts of Jordan Peterson, parody news site The Babylon Bee, and most outrageously, former president Donald Trump. A few days ago, somehow it was assumed across the Twitter sphere that the entire platform was about to implode. I started seeing people post things like, “If this is my last tweet, I’m okay with that…” Not sure what was happening, I experienced a sudden flood of similar tweets prophesying the Twitter era’s impending Read More ›

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Hand touch metaverse infinite loop unlimited technology futuristic digital connection background of virtual reality cyberpunk world or internet game innovation cyber network and hologram experience.

Big Layoffs Ahead for Zuckerberg’s Meta

Employee downsizing at the social media giant casts doubt on its relevancy and future

With recent headlines highlighting Elon Musk’s Twitter, Meta’s ongoing troubles have escaped some of the limelight, but are significant, nonetheless. This past week, Mark Zuckerberg announced over 11,000 layoffs across his company, focusing on recruiting and business, according to a memo. The layoffs will affect some 13 percent of the tech giant’s 87,000 employees. Meta, due in large part to its optimistic investment in the metaverse, plummeted in value this past year, and workers are feeling the consequences.   While the tech industry is seeing high personnel cuts this year, Zuckerberg did not have to hire as many people as he did, and clearly depended too much on the metaverse project for profit, which looks like it won’t be nearly Read More ›

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blue bird on brown tree branch

Musk’s Day at Twitter Dawned: And So What Really Happened?

For one thing, many layoffs — but layoffs are currently widespread in Big Tech

Important people seem to be taking Elon Musk’s Twitter takeover very seriously indeed. Were those of us who have disregarded Twitter in the past wrong? Blind sided? Here’s U.S. President Joe Biden: “Elon Musk goes out and buys an outfit that spews lies all across the world, There’s no editors anymore in America.” Maybe, but no one is forced to join Twitter or even listen… Many traditional tech watchers are sounding an alarm over Musk’s post-takeover layoffs. But before we get into that, let’s note that other Big Techs are also currently laying off personnel in considerable numbers: November 4 has been called the worst day for layoffs in 2022 (Black Thursday) at Fortune: News of job cuts came down Read More ›

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Close up of stock market trader looking at graph

Not All False Prophets Are Promoting Religions…

False finance prophets’ credentials or charisma are much more impressive than their track records — but we need a way to tell

Recently, our authors Jeffrey Lee Funk and Gary Smith alerted MarketWatch readers to the problem of “false prophets” in the investment world: We could write a long book about false prophets on Wall Street. What is interesting is how easily people are enchanted by charismatic personalities — some who peddle advice, some who run companies. A decade ago, for example, Yahoo tried to save itself by paying almost $1 billion to five charismatic CEOs (Terry Semel, Jerry Yang, Carol Bartz, Scott Thompson, and Marissa Mayer), four of them outsiders, who were hired over a five-year period and arguably did more harm than good. Jeffrey Lee Funk and Gary N. Smith, “Sensible stock investors put their money on a company’s real Read More ›

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Information field around the Earth

Musk’s Starlink Tied to Traffic Chaos in Orbit and on Earth

If nothing else, Elon Musk’s SpaceX has brought public attention to the future of space, who it belongs to, and how it is paid for

This week has seen quite a struggle for Elon Musk’s SpaceX and its satellite-based internet service Starlink. SpaceX had recently pocketed some interesting wins for Starlink. Its offer to keep Ukrainians online in the midst of the recent crisis earned Starlink favor in the eyes of both the military and Eastern European nations. It has also started launching operations in Latin America. Just days ago SpaceX performed its 35th launch of the year, adding 52 more Starlink satellites. However, Starlink has also faced a number recent headwinds which could spell trouble for the service. While its public beta test performed well for many users, as the service has expanded, the capabilities of the network appear to be stretched. Despite promises Read More ›

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Social media censorship, political war between US president banning social networks. Tiny person on the laptop keyboard looking at the forbidden sign on the screen. Internet communication risk concept

New U.S. Disinformation Board on Hold Amid Flak From Both Sides

Most current controversies are not clear divisions between True and Untrue or Right and Wrong. Government would merely reinforce the Establishment

If you’d blinked, you’d have missed it: The Department of Homeland Security on Wednesday paused a new and controversial board’s work on disinformation and accepted the resignation of its leader, capping weeks of concerns about impinging on free speech rights and at times frenzied conspiracy theories about the board itself… The Disinformation Governance Board’s director, Nina Jankowicz, wrote Wednesday that the board’s future was “uncertain,” according to a resignation letter obtained by The Associated Press. Nomaan Merchant and Amanda Seitz, “New ‘disinformation’ board paused amid free speech questions” at Associated Press (May 18, 2022) A recommendation as to whether the Board should continue will be offered, we are told, within 75 days. The Washington Post knows who to blame: “How Read More ›

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Business crisis manager stopping falling dominos from collapsing

Who Opposes Musk’s Proposed Twitter Takeover Deal?

Four groups to watch are Twitter employees, left-wing action coalitions, legacy media, and the European Union

First, the state of play: Elon Musk’s foray into buying Twitter remains on hold amid disputes about how much of Twitter is dominated by bot accounts. Musk believes that 20% of the accounts are spam. Spam bots on Twitter are automated accounts that can take actions like real humans, such as sending out tweets, following other users, as well as liking and retweeting other users’ posts. Such accounts can be programmed to try and drive traffic to a product or service as part of a commercial endeavor or spread content as part of a social or political influence operation. Tom Ozimek, “Musk Says Twitter Deal on Hold Over Spam Bots” at Epoch Times (May 13, 2022) That’s something Musk says Read More ›

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Muskageddon! Elon Musk, World’s Richest Man, Now Owns Twitter

And wants it to be more of a free speech platform. How will that go? Musk claims to be committed to free speech. That’s the biggest single social media change in a decade. As the smoke clears, many top U. S. media pros have expressed what can only be described as “grave concern” about this: I hope that even my worst critics remain on Twitter, because that is what free speech means— Elon Musk (@elonmusk) April 25, 2022 Responses range from staid “Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, and an investor in Tesla and Twitter, believes that Musk’s $44 billion purchase of Twitter will ultimately benefit the company and its users, amid concerns about how the Read More ›

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Musk Offers Twitter $41 Billion, Exciting Free Speech Advocates

Will Musk succeed in his effort to "unlock" Twitter's free speech potential?

News has moved fast since it was revealed last week that Elon Musk purchased a 9.2% stake in Twitter. Since then, Musk was offered a seat on Twitter’s board, an offer he at first accepted, and then declined. Now, Musk has upped the ante by offering to buy Twitter for $41 billion. In his letter to the board, Musk referenced his desire to make Twitter “the platform for free speech around the globe,” and stated that he has the ability to “unlock” Twitter’s “extraordinary potential.” Here’s his full letter: Bret TaylorChairman of the Board, I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is Read More ›

Apple iPhone 8 with Twitter Logotype on a Screen

Dorsey Talks Decentralization and Musk Buys Twitter Share

Will this be the upset many free speech advocates hope it could be?

Last week, I wrote about the buzz around internet decentralization, especially as there appears to be talk at Twitter of moving in such a direction. The buzz continues, this time with vocal support from former Twitter CEO Jack Dorsey, coinciding with a bold financial move from Elon Musk. On April 2, Dorsey reminisced on Twitter about the early, decentralized days of the Internet, and said that centralization “really damaged the internet. I realize I’m partially to blame, and regret it.” The problems of social media platforms have been made clear in the past few years, specifically when it comes to data privacy and how to handle (or even define) harmful content while also respecting free speech. But there isn’t as much Read More ›

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2d illustration Human Male Muscle Body

Discussing Consciousness and the Mind-Body Problem

What does it even mean to be aware of something, to be conscious? Why do the vast majority of people only have one consciousness? Will computers ever experience consciousness? On this Bingecast, Dr. Robert J. Marks and Dr. Angus Menuge discuss these questions and more. Show Notes 00:01:36 | Introducing Dr. Angus Menuge 00:07:02 | Near-death experiences 00:10:32 | The Read More ›

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Robot hand making contact with human hand on dark background 3D rendering

Musk Goes All-In on the Tesla Robot

Musk puts all other projects on hold to pursue the dream of eliminating human labor, despite the reality that humans are irreplaceable

In August, during Tesla’s “AI Day” presentations, Musk unveiled the “Tesla Robot.” Or, in reality, a dancing person in a robot costume, along with some made-up specifications about the robot. Many (including the present writer) found this idea for a product line ludicrous, and a mere headline grab. However, in a recent conference call with investors, Elon Musk has doubled down on the Tesla Robot, now named “Optimus,” as being the foundation for the future of the company. In fact, it looks like Tesla has put all of its other development projects on hold in order to work on the robot. The Cybertruck (announced 2019, originally expected in 2021), Semi-truck (announced in 2017, originally expected in 2020), and Roadster 2.0 (announced in 2017, Read More ›

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Abstract Technology Background. Web Developer. Computer Code. Programming. Coding. Hacker concept. Green and blue neon figures fall from top to bottom.

Randomness, Information Theory, and the Unknowable

In the 1960s, mathematician and computer scientist Gregory Chaitin published a landmark paper in the field of algorithmic information theory in the Journal of the ACM – and he was only a teenager. Since then he’s explored mathematics, computer science, and even gotten a mathematical constant named after him. Robert J. Marks leads the discussion with Professor Gregory Chaitin on Read More ›

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Peter Thiel at COSM 2021 on Artificial General Intelligence

Peter Thiel: Artificial General Intelligence Isn’t Happening

That whole transhumanist movement is slowing down, he told COSM 2021. But, he adds, What IS happening should sober us up a lot

In his talk yesterday at COSM 2021, venture capitalist and philanthropist Peter Thiel — the ultimate Silicon Valley insider, prophet, and sometimes needed gadfly — offered a cold shower for transhumanism, The Singularity, the computers we will supposedly merge with by 2030, and all that. Those things, he thinks, are uncertain. We should worry about what’s happening now in everyday time, to which, in his view, too few are paying heed: The growth of total AI-based surveillance and the disappearance of privacy. Thiel considers arguments about whether computers that think like people will ever be developed to be “above his pay grade.” Given that he is reputed to be worth $3.7B dollars, that’s a polite way of saying that such Read More ›

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Extraterrestrial aliens spaceship fly above small town, ufo with blue spotlights in dark stormy sky.

Elon Musk Keeps Buzz About Extraterrestrials in the News

He has said that we may be ET’s sims. Then this year he created an uproar by doubting UFOs — and another one months later by implying that they do exist. Huh?

Self-driving car and private space travel entrepreneur Elon Musk has been all over the map recently as far as ET is concerned. He has claimed that our universe may have been simulated by extraterrestrials. He has hinted that he himself is an extraterrestrial. Earlier this year, he apparently reversed course and identified (on Twitter) the strongest argument for the idea that ET doesn’t even exist: ‘Strongest argument against aliens,’ Musk tweeted, along with two charts that shows camera resolution has advanced, but UFO pictures have remained the same. The post concludes that extraterrestrials do not exist, due to most images showing floating blobs, but many of the comments argue otherwise. One user responded with ‘that’s exactly what an alien would Read More ›

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Surprised African-American man in denim jacket looks at receipt total in sales check holding paper bag with products in mall

A Market Analyst Explains Why You Should Take Inflation Seriously

Bernard Fickser looks at the tech companies that are worth astonishing amounts, unrelated to their current product lines

Readers may remember Bernard Fickser from his series on non-fungible tokens (NFTs) and how they can be made to work better. Now he looks at a more serious problem, the current (quiet) capitalization crisis: the growth in the perceived market value (market caps) of tech companies, far beyond the market value of any assets they have. He recalls the famous (and costly) Dot.com Bubble (1995–2000), when “tech and internet companies that had no actual products or prototypes or detailed plans for products were receiving enormous valuations simply on a promise and a prayer.” Many prayers went unheard and small investors suffered huge losses. Business prof Gary Smith highlights Bill’s Barber Shop in 2000, where locals had reckoned on secure prosperity Read More ›

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Cyber security concept.

The 2020 AI Dirty Dozen Hyped Stories: Countdown by Bradley Center Brain Trust Members

Is AI fundamentally flawed? Can Elon Musk merge man with machines? Will there ever be self-driving cars? Join us as we revisit the top 12 most over-hyped stories in artificial intelligence from 2020 with Robert J. Marks, Jonathan Bartlett, and Eric Holloway. Show Notes 00:01:10 | Introducing Jonathan Bartlett 00:01:37 | Introducing Dr. Eric Holloway 00:02:00 | #12: “The way Read More ›

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Alien mothership UFO nearing Earth

Could Advanced Aliens Have Fine-Tuned Earth for Life?

That’s a surprisingly popular thesis, considering how hard it is to account for life without assuming a creator

Walter Bradley Center director Robert J. Marks has been doing a series of podcasts with Swedish mathematician Ola Hössjer, and Colombian biostatistician Daniel Díaz in connection with a recent co-authored paper on the fine-tuning of the universe for life in the Journal of Cosmology and Astroparticle Physics. In the first portion of this episode, podcast 153, “Why is there fine-tuning everywhere?” they looked at whether fine tuning of the universe for life can be accounted for by the theory that advanced life forms seeded life throughout the universe (directed panspermia). Surprisingly, perhaps, the theory is considered at least plausible, due to the difficulty of accounting for the existence of life otherwise. As Marks and his guests noted, great scientists such Read More ›

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person in black long sleeve shirt

Danaylov: Right on Technology, Wrong on AI

Danaylov's confidence in the future of AI super-intelligence is exaggerated

Our future is determined by the stories we tell ourselves. So says futurist Nikola Danaylov in his online series exploring the years and decades to come for humanity. In our previous posts, we introduced you to Danaylov and examined his perspective on science. Now we will turn to his treatment of technology and artificial intelligence. The Technology Story Like his perspective on science, Danaylov brings a balanced understanding to technology. Technology “is not an end-in-itself,” he says. “Instead, technology is merely a means-to-an-end, a tool.”  Jonathan Bartlett has also written about technology as a tool. In 2019, Elon Musk and Jack Ma shared a stage to debate the future of technology and artificial intelligence. Here’s what Bartlett had to say about it: For Ma, Read More ›

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Nobody is Taking Tesla AI Seriously Anymore

Tesla's "AI Day" presented reasonable discussion until the "robot" showed up

Recently, Tesla held its “AI Day.” Tesla often creates an event which highlights some aspect of their business that they want to promote to investors, customers, or to potential employees. Tesla has had “battery day” and “autonomy day” to promote Tesla efforts on those fronts. It is an attempt to keep excitement and exposure to a maximum during seasons when there are no big product reveals. While Elon Musk is typically guilty of leading people on with extravagant (and unwarranted) claims about Tesla technology, these events have recently shown a more reserved side to Tesla’s front man. In “battery day,” he was expected to launch a million-mile battery, but instead talked mostly about getting access to the minerals needed for Read More ›