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☆ Vinod Khosla says universal basic income may be needed as AI takes over jobs and drives wealth disparity
  + stars: | 2024-09-23 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +5 min
Read previewFamed Silicon Valley investor Vinod Khosla thinks artificial intelligence will be able to do 80% of the work of 80% of jobs. He understands concerns over the idea of handing out cash to people who are pushed out of jobs by AI. Khosla wrote that it might seem "impractical" because of economic constraints. Related storiesYet Khosla expects the breadth of gains from AI will gradually reduce the economic constraints that animate some criticisms of UBI. Yet interventions are needed to help those hurt by broadening income disparities, Khosla said.
Persons: —, Vinod Khosla, Khosla, Elon, Sam Altman, Pope Francis, haven't Organizations: Service, Sun Microsystems, Business Locations: OpenAI, Argentina, Venezuela
☆ Elon Musk asked OpenAI investor Vinod Khosla to support Trump. Khosla said he doesn't 'accept depravity'.
  + stars: | 2024-07-22 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +1 min
Vinod Khosla on Sunday urged Democrats to select a moderate candidate against Trump. Elon Musk pushed back in defense of Trump, sparking a heated exchange with Khosla on X.Khosla suggested Kamala Harris and Governors Whitmer, Shapiro, and Beshear as potential candidates. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Khosla first posted that an open convention could yield a candidate who could "easily" beat Trump, such as Michigan Gov.
Persons: Vinod Khosla, Trump . Elon Musk, Trump, Khosla, Kamala Harris, Whitmer, Shapiro, Beshear, —, Joe Biden, Donald Trump, Gretchen Whitmer, Josh Shapiro —, Andy Beshear, MAGA Organizations: Sunday, Trump . Elon, Service, Democratic Party, Trump, Michigan Gov, Business Locations: Pennsylvania, Kentucky
☆ OpenAI doesn't plan to offer Microsoft or other outside investors a board seat: reports
  + stars: | 2023-11-29 | by ( Kai Xiang Teo | ) www.businessinsider.com   time to read: +3 min
OpenAI doesn't plan to give board seats to investors like Microsoft, per Reuters and The Information. AdvertisementSome of OpenAI's biggest backers are unlikely to gain board seats even after the company's management shakeup, Reuters and The Information reported on Tuesday. OpenAI's new board is not planning to offer board seats to outside investors, such as Microsoft, Thrive Capital, and Khosla Ventures, Reuters reported, citing a source familiar with the matter. AdvertisementOpenAI cofounder and CEO Sam Altman was fired by his company's board on November 17, before staging a dramatic comeback five days later. OpenAI, Microsoft, Thrive Capital, and Khosla Ventures did not immediately respond to requests for comment from Business Insider, sent outside regular business hours.
Persons: OpenAI, Satya Nadella, —, shakeup, Thomas Hayes, Sam Altman, Altman's, Larry Summers, Bret Taylor, Adam D'Angelo, Altman, Nadella, Kara Swisher, Swisher Organizations: Microsoft, Reuters, Service, OpenAI's, The, Khosla Ventures, Hill Capital, Business Locations: OpenAI
☆ AI startups struggle to not become OpenAI's 'roadkill:' 'When you step on the court with Jordan, you don't try to beat him at his game'
  + stars: | 2023-11-17 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +3 min
More than 300 AI founders and investors gathered earlier this week in San Francisco's Hayes Valley neighborhood for the 2nd Cerebral Valley AI Summit, co-hosted by the independent journalist Eric Newcomer and AI gaming startup Volley. Some called it an " extinction event for other AI startups ." "OpenAI can bully everyone, they can bully the talent, they can bully the competition, they can bully the term sheets. "When you step on the court with Jordan, you don't try to beat him at his game. During his panel, Warner was asked about those who took to social network X, formerly Twitter, to proclaim the death of nascent AI startups.
Persons: Eric Newcomer, —, OpenAI, Alex Pall, That's, they're, Andrew Hoh, Reid Hoffman, Hoffman, Vinod Khosla, Khosla, Jason Warner, Warner, it's, He's, he's, Poolside, Jordan Organizations: Summit, Business, Mantis Venture Capital, Microsoft Locations: San Francisco's Hayes, Paris
☆ Khosla Ventures Closes In on $3 Billion for Venture Funds, Defying Startup Slump
  + stars: | 2023-11-14 | by ( Berber Jin | ) www.wsj.com   time to read: 1 min
At WSJ’s Tech Live conference, venture capitalist Vinod Khosla discusses the pros and cons of investing in AI technology. Photo: Nikki Ritcher for The Wall Street JournalKhosla Ventures is in the final stages of raising $3 billion for its latest set of venture funds, showing how some Silicon Valley investors remain bullish even as startups continue to stare down slower growth and lower valuations. The fundraise will be one of the largest completed by a venture firm this year and one of the few to grow in size. Khosla Ventures last raised $1.85 billion three years ago.
Persons: Vinod Khosla, Nikki Ritcher Organizations: WSJ’s Tech, Wall Street Journal Khosla Ventures, Khosla Ventures
☆ Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds
  + stars: | 2023-11-14 | by ( Berber Jin | ) www.wsj.com   time to read: 1 min
At WSJ’s Tech Live conference, venture capitalist Vinod Khosla discusses the pros and cons of investing in AI technology. Photo: Nikki Ritcher for The Wall Street JournalKhosla Ventures is in the final stages of raising $3 billion for its latest set of venture funds, showing how some Silicon Valley investors remain bullish even as startups continue to stare down slower growth and lower valuations. The fundraise will be one of the largest completed by a venture firm this year and one of the few to grow in size. Khosla Ventures, the first outside investor in ChatGPT creator OpenAI, last raised $1.85 billion three years ago.
Persons: Vinod Khosla, Nikki Ritcher, OpenAI Organizations: WSJ’s Tech, Wall Street Journal Khosla Ventures, Khosla Ventures
☆ AI will eventually free people up to 'work when they want to,' ChatGPT investor predicts
  + stars: | 2023-03-30 | by ( Grace Mayer | ) www.businessinsider.com   time to read: +3 min
The future of AI could "free humanity" from work, according to OpenAI investor Vinod Khosla. "This large transformation is the opportunity to free humanity from the need to work. People will work when they want to work on what they want to work on," Khosla told Semafor. Back in 2014, Khosla told Semafor, he started thinking about a future with AI, even predicting that eventually most media would be created by AI in the future and that AI will disrupt teaching. AI jobs in tech, mathematics, accounting, and communication fields will be especially at risk, the researchers found.
☆ Brain implant startup backed by Bezos and Gates is testing mind-controlled computing on humans
  + stars: | 2023-02-18 | by ( Ashley Capoot | ) www.cnbc.com   time to read: +7 min
Philip O'Keefe, one of Synchron's patients in the SWITCH clinical trial, using his BCI. Philip O'Keefe, one of Synchron's patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. About 20 months earlier, O'Keefe was implanted with Synchron's BCI. Synchron's technology has caught the attention of its competitors. Source: SynchronIn January, the medical journal JAMA Neurology published the peer-reviewed, long-term safety results from a trial of Synchron's BCI system in Australia.
☆ LIV Golf COO Departs at Key Moment for the Saudi-backed Circuit’s Future
  + stars: | 2022-12-17 | by ( Andrew Beaton | ) www.wsj.com   time to read: 1 min
Phil Mickelson during the first round of the LIV Golf Team Championship in October. One of LIV Golf’s top executives has departed the upstart circuit just as it is seeking to land the media-rights deals and sponsors that will help determine its long-term financial viability. Atul Khosla, who had been the company’s chief operating officer, left at the end of LIV’s season, the Saudi-backed enterprise confirmed in a statement. Khosla’s LinkedIn page displayed a departure date of December 2022.
☆ Investor Vinod Khosla says focusing on 2030 climate targets is the wrong approach
  + stars: | 2022-10-25 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +7 min
Why Khosla thinks short-term goals are a mistakeFocusing on "short term goals will force us to deploy suboptimal technology," Khosla told CNBC. And if it doesn't do that, it's the wrong technology," Khosla told CNBC. Nuclear fusion is one example of the kind of breakthrough technology Khosla considers critical, but which will not be commercialized by 2030. "But I'm not interested in today's geothermal, because it is such a niche — it doesn't scale," Khosla told CNBC. And that's what we need," Khosla said.
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