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But two political scientists told Business Insider that Musk's desire to run the US government like a private business — an approach many private sector professionals have supported for decades — isn't as foolproof as the CEO might think. AdvertisementTrump, a businessman turned politician, based much of his first presidential campaign on the notion that his experience in the private sector would guide his approach to politics. "In the private sector, the motive is profit. "But inefficiency in the private sector isn't the same." Advertisement"A business isn't really self-correcting, at least not as easily as government is," Crouse said.
Persons: , Elon, Trump, Musk, Hillary Clinton, he's, it's, Patricia Crouse, Grose, Al Gore, Cynthia Johnson, Ronald Reagan, George W, Bush, isn't, Elon Musk, Crouse Organizations: Service, Summit, Business, Trump, University of New, University of Southern, Reinventing, Community Initiative, Washington, Twitter Locations: Los Angeles, University of New Haven, University of Southern California, Reaganomics, Texas, Pennsylvania, America
Sam Altman said he talks to someone in the government every few days. The OpenAI CEO sat down with Oprah Winfrey to discuss the future of artificial intelligence. Altman cited the need for a good working relationship between AI companies and the US government. AdvertisementOpenAI CEO Sam Altman said he regularly communicates and works with the US government. The billionaire discussed his working relationship with Washington, DC, in a primetime interview with Oprah Winfrey on Thursday.
Persons: Sam Altman, Oprah Winfrey, Altman, , Winfrey, Bill Gates, Christopher Wray Organizations: Service, ABC, Microsoft, Business Locations: Washington, DC
Read previewA Carnival Cruise ship conjured up comparisons to the infamous "unsinkable" ship after colliding with a piece of floating ice last week, albeit, much less dramatically than the Titanic once did. Nobody was injured, and the ship was ultimately undamaged, a Carnival spokesperson told Business Insider. A spokesperson for Carnival, however, said the ice was not an iceberg, in fact, but an "errant piece of drifting ice." Cassandra Goskie, a passenger on board the ship at the time, posted a TikTok video of the moment of impact. In 2007, a small cruise ship ran into ice, resulting in a fist-sized hole.
Persons: , Nobody, Cassandra Goskie Organizations: Service, Business, CNN, Carnival, Cruise Locations: Tracy, Juneau, Seattle, Alaska . Alaska
Read previewGoogle cofounder Sergey Brin said engineers at the tech company aren't using artificial intelligence as often as he thinks they should. Brin said he was curious about how good Google's AI model would be at Sudoku. "Because they don't honestly use the AI tools for their own coding as much as I think they ought to." As search competition continues to heat up, Google recently updated its AI Overviews, which is a feature that produces AI-generated answers in response to a Google search. Earlier this month, BI reported that junior software developers are likely to see the most immediate changes to their workflow, with AI tools potentially changing the way newbies gain developer skills.
Persons: , Sergey Brin, Brin, David Friedberg, Chamath Palihapitiya, Jason Calacanis, David Sacks, I've, AI's, " Brin, we've, hasn't, OpenAI, Friedberg, Elon Musk Organizations: Service, Business, Google, Engineers, BI, Tesla Locations: Los Angeles, Friedberg
Read previewIconic actor James Earl Jones died on Monday at the age of 93. Related storiesGrowing up in silenceA photo of young James Earl Jones, after the success of Broadway show, "The Great White Hope." Muhammad Ali jumped in the ring with James Earl Jones to help him promote the movie adaptation of "The Great White Hope." Advertisement"Star Wars" director George Lucas and James Earl Jones attended the AFI Life Achievement Award tribute to Sir Sean Connery. Charles Sykes/Invision/APCecilia Hart and James Earl Jones pose with their son, Flynn Earl Jones, at the 65th Tony Awards.
Persons: , James Earl Jones, Jones, Oscar, Darth Vader, Tony, Mark Hamill, Luke Skywalker, " Jones, Dick Cavett, Tony Awards, King, Conan, Muhammad Ali, Jones wasn't, Daisy, Darth Vader James Earl Jones, Jim Spellman, David Prowse, Linda Blair, Mercedes McCambridge, Mercedes, George Lucas, Sir Sean Connery, Mark Mainz, AFI Jones, Annie, Geoffrey Holder, Vader, Rachael Ray, Cecilia Hart, Charles Sykes, Flynn Earl Jones, Julienne Marie, Hart Organizations: Service, Bell Atlantic, Verizon, Business, Hollywood, CNN, Newspapers, Academy, End, Broadway, Newsweek, AFI, Getty, American Film Institute, Star Wars Rebels, Disney, NY Daily Locations: Hollywood, Michigan, America, London, There's, Britain
But soon after graduating, McRuer made an unlikely early-career pivot, ditching his dependable product design job to pursue his passion for film. The 2019 graduate studied product design at Stanford's School of Engineering. The internship quickly evolved into a full-time product design position. He initially thought he could get his filmmaking fix via a hobby that played second fiddle to his engineering work. But McRuer said he was ultimately surprised by the overlaps he's seen working in both engineering and film — particularly when producing.
Persons: , Jason McRuer, McRuer, I'm Organizations: Service, Business, Stanford's School of Engineering, Sundance Film, Global Health Labs, City of Locations: LA, City, City of Angels, Coast, Brooklyn
Nvidia denied being served a subpoena in a Justice Department antitrust investigation. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNvidia says it wasn't served a subpoena in an ongoing Justice Department investigation into the chip-making giant, contradicting an earlier report. But in a statement Wednesday afternoon, Nvidia said it "inquired" with the Justice Department and didn't get a subpoena.
Persons: , wasn't, didn't Organizations: Nvidia, Department, Bloomberg, DOJ, Service, Justice Department, Business
She and her family stayed in the Lone Star State for only 4 ½ months before moving back to Temecula. After my brother and his family moved to Texas, I flew out to look around. But people also talk about Texas having no income tax. I knew he didn't like Texas either, but we had just moved at my request. It was hard to leave my family in Texas, but my family in California was really happy.
Persons: , Kellee Speakman, I've, I'm, Speakman, — I'm, Robin, Let's, Speakman I'm, We're, It's Organizations: Service, Lone Star State, Business, Texas Locations: Temecula , California, Dallas, Fort Worth, Temecula, Southern California, Texas, California, Highland, San Antonio, Speakman Texas, , Texas, Murietta
But if you're among the group of Costco shoppers who bought gold bars from the retailer in recent months, don't celebrate your newfound fortune too soon. This story is available exclusively to Business Insider subscribers. AdvertisementThe gold bars sold at Costco, however, are much smaller than the standard size, typically ranging in size from 20-500 grams. The Costco gold bars are smaller, yes, but they are also more affordable for buyers looking to spend less than $10,000 on metal instead of $1 million. Despite the skyrocketing price of gold, a Bank of America investment strategist told Markets Insider that investors should keep buying gold.
Persons: Organizations: Service, Business, Costco, Bank of America
X's Spaces malfunctioned on Monday ahead of Elon Musk's live interview with Donald Trump. Trump and Musk's conversation started about 40 minutes late. Go to newsletter preferences Thanks for signing up! AdvertisementElon Musk's livestream interview with former President Donald Trump ran into technical difficulties before the conversation even got started on Monday. The platform malfunctioned for many users despite Musk saying Sunday that he conducted several system scaling tests ahead of the conversation.
Persons: Elon Musk's, Donald Trump, Musk, Trump, Organizations: Service, Business
A historic gold coin will kick off the sale of one of the most valuable privately owned collections. The 1496 King Hans Gold Noble coin is part of the prized L.E. Go to newsletter preferences Thanks for signing up! AdvertisementA rare Danish gold coin could fetch more than $1 million when it goes to auction next month, kicking off the sale of one of the most mysterious coin collections ever. The 1496 King Hans Gold Noble coin is part of the collection that once belonged to Danish businessman and butter tycoon Lars Emil Bruun.
Persons: Hans Gold Noble, Bruun, , Lars Emil Bruun, Brunn Organizations: Service, Business Locations: Bruun's, Danish
Read previewJPMorgan chief Jamie Dimon is still predicting a recession. "I'm fairly optimistic that if we have a mild recession, even a harder one, we will be OK," Dimon told the outlet. This week, Dimon also told CNBC that he's skeptical the Fed will reach its goal of achieving maximum employment while returning inflation to a rate of 2% over the long run. Advertisement"They haven't really happened yet, but they are going to happen, and they're not deflationary," Dimon told the outlet of the potential market influences. Related storiesBut ultimately, Dimon said he doesn't think the rate effect itself is all that important.
Persons: , Jamie Dimon, Dimon Organizations: Service, CNBC, Business, Swiss, JPMorgan
During the pandemic, they moved to Colorado Springs, where they opened the city's first gay cocktail bar, ICONS. Josh: I was born and raised in Colorado Springs, but I moved to New York at the age of 22. We could feel the energy growing in Colorado Springs, so we figured it was a smart move. If you told teenage me that a gay bar would be voted best bar in Colorado Springs, I would have said you were crazy. We love, love, love it.
Persons: , John Wolfe, Josh Franklin, Josh, John, COVID, it's, It's, pushback Josh, I've, Josh Franklin Colorado, Coutesy, We're, I'm, we'll Organizations: Service, Broadway, Business, Brigham Young University, Mormon, Colorado Springs, Denver Locations: New York City, Colorado Springs, New York, West Virginia, Connecticut, Colorado, John, It's
Kaplan also said the incorrect responses, or "hallucinations," aren't specific to Meta AI only. Meta AISince receiving criticism, Meta has tweaked the responses from Meta AI. Related stories"We've since updated the responses that Meta AI is providing about the assassination attempt, but we should have done this sooner. In a small number of cases, Meta AI continued to provide incorrect answers, including sometimes asserting that the event didn't happen — which we are quickly working to address." ClaudeClaude didn't make any assertions about what happened at Trump's rally on July 13. Business InsiderUnlike Meta AI and ChatGPT, Anthropic's Claude AI didn't try to make assertions about whether or not the shooting occurred.
Persons: , Meta, Donald Trump, chatbot, Joel Kaplan, Kaplan, they're, Anthropic's Claude, wasn't, Trump, ChatGPT ChatGPT, ChatGPT, OpenAI, Claude Claude didn't, Claude AI didn't, Claude, Anthropic Organizations: Service, Business, Meta, Google, Trump . Business Locations: Butler ,, Butler , PA
Russia freed two political prisoners in a major exchange with the US, Bloomberg and others reported. The swap was said to involve Wall Street Journal reporter Evan Gershkovich and former US Marine Paul Whelan. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia freed Wall Street Journal reporter Evan Gershkovich and former US Marine Paul Whelan in an exchange with the US, Bloomberg reported Thursday. Gershkovich and Whelan were on their way to undisclosed locations outside Russia, per the outlet.
Persons: Evan Gershkovich, Paul Whelan, , Gershkovich, Whelan Organizations: US, Bloomberg, Wall, Service, Wall Street, Business Locations: Russia
Taco Bell's parent company is ramping up its implementation of drive-thru AI at the chain. Brands said Wednesday that hundreds of Taco Bells are set to have voice AI by the end of 2024. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYour next Cheesy Gordita Crunch may come to you via an artificial intelligence drive-thru experience. Hundreds of Taco Bell drive-thrus across the country are set to implement voice AI technology by the end of this year, the chain's parent company said in a Wednesday announcement.
Persons: , Taco Bell Organizations: Brands, Taco, Service, Business Locations: Bell's
He's the president of a Midwest manufacturing company, a life coach, a motivational speaker, and, oh yeah, he has 10 kids. Skoog said he's only able to guide others to a more balanced life because he himself "almost lost it all." He tells them to make a bucket list. "But most of them don't have a bucket list of things they actually want to do." The bucket list technique is one Skoog himself learned during the leadership class he took a decade ago.
Persons: , Andrew Paul Skoog, Skoog, they're, They've, he's, It's, He's, You'd Organizations: Service, Business Locations: Midwest, Minnesota
Mark Zuckerberg dropped an F-bomb while discussing closed vs. open-source AI during a Monday conversation. The Meta CEO let out the expletive while in conversation with Nvidia CEO Jensen Huang. Zuckerberg's comments come days after Meta announced its new, open-source AI model, Llama 3.1. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMeta CEO Mark Zuckerberg dropped an impassioned expletive while discussing open-source AI with Nvidia CEO Jensen Huang during a live conversation on Monday.
Persons: Mark Zuckerberg, Jensen Huang, , Zuckerberg, Huang Organizations: Nvidia, Meta, Service, Business
Read previewBrenton and Mirlanda Beaufils, 32 and 31, are living the good life. The Dallas-based millennial couple is the epitome of DINK energy, relishing their "double income, no kids" lifestyle and finding new and creative ways to make use of their disposable income each month. Brenton and Mirlanda Beaufils take frequent vacations thanks to their child-free lifestyle. Ditching the DINK statusBut just because they enjoy being DINKs now doesn't mean the Beaufils don't think about giving up the lifestyle one day. We never said we didn't want kids," Mirlanda said in the video.
Persons: , Brenton, Mirlanda Beaufils, DINK, Neiman Marcus, Mirlanda, Brand, Beaufils, they're, We're Organizations: Service, Business, BI, Royal, YouTube Locations: Dallas, Italy, honeymooning, Jamaica, Royal Caribbean
Healthcare professionals told BI that the public's more relaxed attitude toward COVID is ultimately a good thing. AdvertisementThe long COVID scareRelaxed attitudes are not necessarily a bad thing, according to doctors. On the one hand, people are generally not getting as sick as they once did when ill with COVID, medical professionals told BI. AdvertisementMedical professionals are doing their best to understand long COVID, but admit that there's still much to learn. "When I treat people with long COVID, they are always masked," Chopra said.
Persons: , Joe Biden, Anita Chopra, Eric Chow, Edward Jones, Lopez, Chow, we've, Jessica Bender, Bender, Chopra, Long, ROBYN BECK Organizations: Service, Business, University of Washington, Public Health Seattle, Yahoo, Keck Medicine, University of Southern, Centers for Disease Control, UW, Getty, National Library of Medicine Locations: King County, University of Southern California, Seattle
Read previewElon Musk's transgender daughter said the Tesla CEO was an absent father who frequently rebuked her for being queer and feminine as a child. Wilson, who has stayed out of the public eye until now, told NBC News that Musk's comments went too far. Wilson told NBC News the book — which described her as being a supporter of "radical Marxism" via a quote from Musk's sister-in-law — was inaccurate and unfair. Isaacson also referred to Wilson by her middle name, Jenna, in the book, Wilson said. The author told NBC News that he reached out to Wilson's family members in an effort to reach her.
Persons: , Elon, Tesla, Vivian Jenna Wilson, Musk, Wilson, Justine Musk, Jordan Peterson, misgendering, I'm, Elon Musk, Richard Bord, Walter Isaacson, Musk's, Isaacson, Jenna, Peterson Organizations: Service, NBC News, Business, Getty, NBC Locations: California
Read previewElon Musk is barrelling full steam ahead on Dojo — Tesla's supercomputer project and attempt at competing with AI chip superstar Nvidia. Musk acknowledged he is "quite concerned" about Tesla's inability to access the top-tier Nvidia graphics processing units, or GPUs, because of skyrocketing demand for microprocessors within the tech sector. "We do see a path to being competitive with Nvidia with Dojo," Musk said. While the tech company has only become a household name in the last year, Nvidia has been working on its signature chips for years. "We've really got to make Dojo work," Musk said during the call.
Persons: , Elon, Musk, Tesla, Stephen Witt Organizations: Service, Nvidia, Business, didn't, Dojo, NPR, Yorker, CNBC, Mizuho Securities
Read previewA French aerospace company is trying to convince disgruntled American SpaceX employees to leave the US for Europe after billionaire Elon Musk announced he would relocate his rocket company from California to Texas. Stanislas Maximin, CEO of Latitude, jumped at the opportunity to poach any unhappy SpaceX employees suddenly staring down an interstate move. Maximin told CNBC that his LinkedIn post garnered some 200 messages and helped him increase his connections on the site by a third. "We have done it multiple times over," Maximin told CNBC of hiring foreigners. Musk has made the Lonestar State his home base in recent years, moving Tesla headquarters to Texas from California during the pandemic.
Persons: , Elon Musk, Musk, Stanislas Maximin, Maximin, I'm, Lockheed Martin, Tesla Organizations: Service, SpaceX, Business, CNBC, Lockheed, LinkedIn, Lonestar State Locations: Europe, California, Texas
Read previewCrowdStrike, the cyber security firm responsible for last week's global tech outage, is thanking its partners for their extra work in the aftermath of the crash with $10 Uber Eats gift cards. The first email, which was addressed to CrowdStrike partners, was signed by Daniel Bernard, chief business officer at the company. Related storiesAbout four hours after the Uber Eats voucher was canceled, the source got another email with a $10 credit and the message, "You've been sent a Oops! Uber eats voucher!" The CrowdStrike spokesperson told BI that Uber flagged the gift cards as fraud because so many people were redeeming them.
Persons: , CrowdStrike, Daniel Bernard, Bernard, Uber, You've Organizations: Service, Social, Business, BI, Uber, Windows
Read previewPresident Joe Biden and Vice President Kamala Harris shared a sweet moment on Monday during the VP's first public speech since Biden dropped out of the 2024 election over the weekend and endorsed his second-in-command. Harris officially launched her presidential campaign with a public address to campaign staffers in Delaware after Biden's shake-up left her the presumptive Democratic nominee. Before her speech, Biden called in and spoke to supporters, citing his ongoing COVID recovery as the reason for his virtual appearance. "We love Joe and Jill. Related stories"I love you, Joe," Harris said in response, eliciting cheers from the crowd.
Persons: , Joe Biden, Kamala Harris, Biden, Harris, I'm, Kamala, Donald Trump, Doug Emhoff, we've, Joe, Jill, fraudsters, cheaters, Donald Trump's, isn't Organizations: Service, Democratic, Business, Trump Locations: Delaware
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