The future of Tesla may be imperiled by a Securities and Exchange Commission lawsuit that seeks to oust Elon Musk, the chief executive. But SpaceX, one of Musk’s other companies, has continued to garner support from its key customers, especially NASA, which can’t afford to see one of its main suppliers falter.
The Securities and Exchange Commission (SEC) is suing Tesla CEO Elon Musk according to a Manhattan court docket. The suit alleges that Musk committed securities fraud. Shares of Tesla immediately dipped by roughly 4 percent after the news.
SpaceX confirmed last week that it had plans to launch a space tourist to the moon, but the identity of that person would not be revealed until Monday evening.
When former Google CEO Eric Schmidt was asked about Elon Musk’s warnings about AI, he had a succinct answer: “I think Elon is exactly wrong.” “He doesn’t understand the benefits that this technology will provide to making every human being smarter,” Schmidt said. “The fact of the matter is that AI and machine learning are so fundamentally good for humanity.”
According to a report from Hybrid Cars, Elon Musk’s mammoth car company, Tesla, may end up a liability not just to its investors, but potentially to taxpayers as well. In fact, according to Morgan Stanley, Tesla may already be “too big to fail” because of its more than 37,000 workers, estimated to rise to 50,000 over the next two years.
SpaceX has big plans for Mars, some of which seem profoundly difficult to accomplish. The company has a goal of building a colony of 1 million people on Mars in the next few decades. The chance that SpaceX can reach the red planet and begin colonization drops to zero if it can’t get a larger, more powerful rocket up and running. It’s making good progress, though. Elon Musk recently revealed tooling for the BFR, and it’s big.
In sum, Pinker is widely regarded as a brilliant, accomplished man. And that's why billionaire tech titan Elon Musk says he is so disturbed by what he sees as Pinker's lack of understanding of artificial intelligence. If Pinker doesn't have a grasp of AI, "humanity is in deep trouble," Musk says on Twitter.
Computers, intelligent machines, and robots seem like the workforce of the future. And as more and more jobs are replaced by technology, people will have less work to do and ultimately will be sustained by payments from the government, predicts Elon Musk, the iconic Silicon Valley futurist who is the founder and CEO of SolarCity, Tesla, and SpaceX.
Musk said he wants "a new space race," telling reporters after the launch he thinks Falcon Heavy's success will "encourage other companies and countries" to be ambitious in the same way as SpaceX. The launch was the most ambitious yet for Musk's space company, putting it at the top of a short list of available heavy lift rockets.
SpaceX, the private space company founded by billionaire Elon Musk, successfully launched the most powerful commercial rocket in the world on Tuesday. The Falcon Heavy, launched from NASA's Kennedy Space Center in Florida, took off with double the power of the world's next most powerful rocket, United Launch Alliance’s (ULA) Delta IV Heavy.