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Airbnb co-founder and CEO Brian Chesky said AI will ultimately be a boon to the job market. He predicts AI will propel "millions of startups," even as jobs at existing companies could decrease. Chesky is one of many business leaders that has weighed in on AI this year. He anticipates that the technology will propel "millions of new startups," he told investor Jason Calacanis on a recent episode of This Week In Startups. While many in the business world have said AI could profoundly impact innovation and the economy, business leaders, including Warren Buffett, are skeptical.
Persons: Airbnb, Brian Chesky, Jason Calacanis, Calcanis, , Chesky, Warren Buffett, Elon Musk Organizations: CNBC, Google, Center, AI Safety
It's an all out bank run," founder Howard Lerman tweeted on Thursday when SVB was trying to raise new capital. "The thing about a bank run is that there's no upside to keeping your money in the at-risk bank," wrote Xavier Helgesen of Enduring Ventures the same day. Another deleted tweet says, "As one of probably the few founders to go through a modern bank run, get your money out now. Some tech types who banked with SVB have even deleted tweets they put out in support of the bank. 'MONDAY, BLOODY MONDAY'Meanwhile, Jason Calcanis and David Sacks, tech founders turned investors, have been tweeting about little but SVB since Thursday.
It’s also unclear if some verified users may be exempt from paying the fee; many international organizations and charities, for example are verified on Twitter. The changes would update an existing paid Twitter feature known as “Twitter Blue, which currently costs $4.99 a month and is available in four countries including the United States, to include the verification feature. “The whole verification process is being revamped right now,” Musk tweeted on Sunday. “Interesting,” Musk tweeted in response to the poll. Even before the deal was completed, Musk suggested the possibility of tying verification to a paid subscription service.
Elon Musk plans to lay off around a quarter of Twitter's staff, The Washington Post reported. His team, led by Alex Spiro, and remaining Twitter senior execs spent the weekend crafting plans, per The Post. Musk's team also assigned some of Twitter's engineers projects to work on over the weekend. Insider reported that there was a sense among workers that some of their recent tasks were a test by Musk's team to see who works hard. A person familiar with the deal told The Post that Musk is more likely to lay off around half of Twitter's staff.
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