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Search resuls for: "Government Summit"


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☆ Elon Musk cofounded the company behind ChatGPT but he's warning that unregulated AI comes with 'great danger'
  + stars: | 2023-02-16 | by ( Taiyler Simone Mitchell | ) www.businessinsider.com   time to read: +3 min
He said that regulating AI "may slow down AI a little bit," but it "might also be a good thing." "It's both positive or negative and has great, great promise, great capability," Musk said of AI, adding that "with that comes great danger." "I think we need to regulate AI safety, frankly," Musk said Wednesday. As the founder of Neuralink and CEO of Tesla, both of which utilize AI, Musk has previously spoken out about AI. Because I think by the time we are reactive in AI regulation, it's too late," he continued.
☆ Elon Musk says end-2023 'good timing' to find new Twitter head
  + stars: | 2023-02-15 | by ( Yousef Saba | ) www.reuters.com   time to read: +1 min
DUBAI, Feb 15 (Reuters) - Twitter Chief Executive Elon Musk said on Wednesday that towards the end of 2023 would be "good timing" to find someone else to run Twitter, when he expects the social media platform to be stable. On Dec. 21, Musk said on Twitter that he would resign as its chief executive "as soon as I find someone foolish enough to take the job!" He added that he would "just run the software & servers teams". Musk ran a poll on the social media platform days earlier on whether he should step down as Twitter CEO, in which a majority of respondents said he should. Reporting by Yousef Saba; Editing by Christopher Cushing and Kenneth MaxwellOur Standards: The Thomson Reuters Trust Principles.
☆ Elon Musk said he fears a single world government could lead to the 'collapse' of civilization while speaking at a World Government Summit
  + stars: | 2023-02-15 | by ( Pete Syme | ) www.businessinsider.com   time to read: +4 min
Elon Musk spoke at the World Government Summit via video link on Wednesday. He warned that a "single world government" could lead to the collapse of civilization. "If we are too much of a single civilization, the whole thing may collapse," he said. "If we are too much of a single civilization, the whole thing may collapse," Musk said. At Wednesday's conference, Musk also encouraged politicians to "speak authentically" on social media, and said he plans to find a new Twitter CEO by the end of the year.
☆ Elon Musk aiming to appoint his successor as Twitter CEO by the end of 2023
  + stars: | 2023-02-15 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
Musk indicated that he is aiming to find someone to succeed him as Twitter CEO by the end of 2023. Elon Musk said Wednesday that he might be able to appoint his successor as Twitter CEO by the end of 2023 but first needs to "stabilize" his social media company. Musk took over as CEO of Twitter in October as part of his $44 billion acquisition of the social media firm. In December, Musk tweeted a poll asking people whether he should step down as the head of Twitter. After that, I will just run the software & servers teams," Musk tweeted after the poll.
☆ Elon Musk says he didn't have any rules about limiting his kids' time on social media but that may have been a mistake
  + stars: | 2023-02-15 | by ( Kate Duffy | ) www.businessinsider.com   time to read: +2 min
Elon Musk said he may have made an error by not restricting the time his kids spend on social media. Musk recently tweaked Twitter's algorithm after users said their feeds were swamped by his posts. Asked whether he restricts his kids' time on social media, Musk said he didn't have any rules but that "might have been a mistake." "At this point, they're being programmed by some social-media algorithm, which you may or may not agree with," Musk added. This week, many Twitter users said their feeds were full of posts from Musk, per Platformer reporter Zoe Schiffer.
☆ Growth and sustainability need to be synonymous, UAE minister says
  + stars: | 2023-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowth and sustainability need to be synonymous, UAE minister saysSarah Al Amiri, UAE minister of state for advanced technology, speaks to CNBC's Dan Murphy at the World Government Summit in Dubai on growth and sustainability in the United Arab Emirates.
☆ Elon Musk aiming to find his successor at Twitter by end of year
  + stars: | 2023-02-15 | by ( Becky Anderson | ) edition.cnn.com   time to read: +1 min
Dubai CNN —Elon Musk is aiming to “find someone else” to run Twitter by the end of this year. He first needs to “stabilize the organization” and make sure “it’s financially in a healthy place,” Musk said Wednesday, speaking via videolink at the World Government Summit in Dubai. “Probably towards the end of this year would be good timing to find someone else to run the company,” he said. “I think it should be in a stable position around the end of this year.”In December, the billionaire said he would step down as Twitter’s CEO but only when he identified a successor, after millions of Twitter users voted for his ouster in a poll that he set up on the platform. Musk’s tenure as CEO has resulted in sweeping, occasionally erratic shifts at one of the world’s most influential social media companies.
☆ Elon Musk says the end of 2023 is a 'good timing' to find a new CEO for Twitter because the company will be 'stable' by then
  + stars: | 2023-02-15 | by ( Cheryl Teh | ) www.businessinsider.com   time to read: +2 min
Elon Musk says he plans to have someone take over his job as Twitter CEO near the end of 2023. He said end-2023 would be "good timing" to hand over the reins because Twitter should be "stable" then. "I don't know, I'm guessing probably towards the end of this year should be a good timing to find someone else to run the company," Musk added. Musk then started a Twitter poll on December 18, asking users whether he should "step down as head of Twitter." The results of the poll didn't swing in his favor — some 57.5% of the poll's more than 17.5 million respondents voted for Musk to step down as Twitter CEO.
☆ Elon Musk, who co-founded firm behind ChatGPT, warns A.I. is 'one of the biggest risks' to civilization
  + stars: | 2023-02-15 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
"One of the biggest risks to the future of civilization is AI," Musk told attendees at the World Government Summit in Dubai, shortly after mentioning the development of ChatGPT. "It's both positive or negative and has great, great promise, great capability," Musk said. ChatGPT "has illustrated to people just how advanced AI has become," according to Musk. "I think we need to regulate AI safety, frankly," Musk said. The billionaire has long warned of the perils of unfettered AI development.
☆ Twitter owner Elon Musk says CEOs and politicians should take a leaf out of his book and be more authentic on social media
  + stars: | 2023-02-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +3 min
Elon Musk says other CEOs and leaders should run their own social media accounts. Musk is famed for his frequently wacky tweets and has sometimes gotten into trouble over his posts. Musk said criticism is "really not that bad" and encouraged others to be authentic on social media. Speaking at the World Government Summit in Dubai on Wednesday, the billionaire said he encourages CEOs, legislators, ministers, and other leaders to "speak authentically" on social media. Musk, who has often run into trouble over his tweets, said getting criticism is "really not that bad."
☆ Elon Musk's mood and intensity at Twitter are 'worse' than during Tesla's existential crisis 5 years ago, staff says
  + stars: | 2023-02-15 | by ( Kali Hays | ) www.businessinsider.com   time to read: +7 min
People who have worked for him at Tesla and now Twitter think recent months have proved worse. There's a new refrain among some Tesla employees who continue to work out of Twitter's San Francisco headquarters: "worse than 2018." Still, there is "zero talk" inside Twitter of a new CEO coming in to replace Musk, this person added. There are some similarities between Musk at Tesla then and him at Twitter now. Musk's overall mood at Twitter seemed to start deteriorating toward the end of last year, two of the people familiar said.
☆ Tesla board member Hiromichi Mizuno: We don’t care about the competition
  + stars: | 2023-02-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla board member Hiromichi Mizuno: We don’t care about the competitionHiromichi Mizuno, chief investment officer of the Japan Government Pension Investment Fund and a Tesla board member, speaks to CNBC's Dan Murphy at the World Government Summit in Dubai.
☆ 'Think of the unthinkable': IMF chief warns world is a very different place after crises like Covid
  + stars: | 2023-02-14 | by ( Hannah Ward-Glenton | ) www.cnbc.com   time to read: +2 min
'Think of the unthinkable': IMF chief warns world is a very different place after crises like Covid. The Managing Director of the IMF warned that we need to "think of the unthinkable," as we live in "a more shock-prone world" impacted by the Covid-19 pandemic, Russia's invasion of Ukraine and the recent earthquake across Syria and Turkey. The IMF chief signaled the need for resilience in our planet, in societies that must allow equal opportunities, and in people, who must benefit from education, health and good social protection. "We are not where we should be in being good stewards of our planet for our children," Georgieva added. "In Ukraine, people strongly believe they are fighting not just for themselves, they are fighting for the right of every nation to exist and run its own affairs," she added.
☆ Tesla board member says Musk doesn't mind bankruptcy if a rival builds a better car: 'That's his philosophy'
  + stars: | 2023-02-14 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Elon Musk remarked that he wouldn't mind Tesla going bankrupt, if this means a rival company builds a better car, according to a member of the firm's board. "I think that's his philosophy and Tesla's philosophy," said Mizuno, who was chosen to join the company's board in April 2020. Musk has previously said that the automaker could have gone bankrupt multiple times in its almost 20-year history. Investors question whether Musk is getting distracted, at a time when Tesla faces increased competition, macroeconomic uncertainty and regulatory scrutiny. Nevertheless, Mizuno backed Musk and suggested that he admired the tech magnate's tenacity.
☆ Siemens CEO: We need a bureaucracy reduction act
  + stars: | 2023-02-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSiemens CEO: We need a bureaucracy reduction actChristian Bruch, CEO of Siemens Energy, speaks to CNBC's Dan Murphy at the World Government Summit in Dubai.
☆ Ukraine war live updates: NATO leaders to meet in Brussels; Wagner Group makes gains around Bakhmut
  + stars: | 2023-02-14 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: 1 min
The International Monetary Fund's managing director Kristalina Georgieva said Tuesday that Ukraine is fighting not just in defense of its national sovereignty but to protect the international rule of law. "In Ukraine, people strongly believe they're fighting not just for themselves, they're fighting for the right of every nation to exist and run its own affairs," the director of the United Nations financial institution said at the World Government Summit in Dubai. Georgieva said that a problem which is Ukraine's problem today can tomorrow "be a problem for many other countries," adding that it is in "everybody's interest" to defend a rules-based global system. "If we blow up rule of law internationally, how are we going to keep it domestically?" "It is for everyone, everybody's interest to defend it."
☆ WTO director general: dispute settlement reform a 'priority'
  + stars: | 2023-02-13 | by ( Ghaida Ghantous | ) www.reuters.com   time to read: +1 min
DUBAI Feb 13 (Reuters) - The World Trade Organization's director general said on Monday that reforming the body's dispute settlement system is a "priority." When asked whether reforming the process would be a focus of the remainder of her term, which ends in 2025, WTO Director General Ngozi Okonjo-Iweala said "Absolutely. The WTO's trade dispute arbitration system, which rules on top disputes, has been stalled for more than two years due to Trump-era blockages of adjudicator appointments. Under President Joe Biden, Washington has resisted calls by WTO members to approve appointments and has instead been leading negotiations on how to reboot the WTO's dispute system. The United States has criticized the WTO's alleged overreach and lengthy processes and it has strongly contested some of its recent rulings against the United States.
☆ Turkey-Syria reconstruction costs to come to 'billions of dollars,' World Bank says
  + stars: | 2023-02-13 | by ( Ruxandra Iordache | ) www.cnbc.com   time to read: +2 min
Turkish and Syrian reconstruction efforts in the wake of devastating twin earthquakes last week will cost "in the billions of dollars," according to Ferid Belhaj, World Bank vice president for Middle East and North Africa. The World Bank has already pledged roughly $1.8 billion of funding for Ankara and is pursuing relief aid for Syria, he said, in wake of the Feb. 6 tragedy that left over 35,000 dead. "On Turkey, the World Bank has committed about 1.8 billion dollars," he told CNBC's Hadley Gamble and Dan Murphy at the World Government Summit in Dubai on Monday. "This is because we had already a portfolio in Turkey, we had projects, and we were able to repurpose some of the funding." Comparatively, the 1999 earthquake of Marmara that struck the city of Izmit and killed over 17,000 people, resulted in $51.1 billion of losses.
☆ IMF chief says markets have good reasons to be more upbeat on economy
  + stars: | 2023-02-13 | by ( ) www.reuters.com   time to read: +2 min
DUBAI Feb 13 (Reuters) - The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to be more upbeat, pointing to the U.S. economy likely avoiding recession and China's reopening from pandemic controls. Positive factors were resilient U.S. and EU labour markets, China's reopening and "surprisingly good results of central banks tightening up financial conditions and inflation finally trimming down, although the fight is not yet won", she added. Asked whether there would be more doses of monetary tightening, Georgieva said the Fund expected monetary tightening this year but did not project it would continue "way into" 2024. The IMF chief was speaking in an onstage interview at the annual summit hosted by Dubai in the United Arab Emirates (UAE). Georgieva lauded Gulf Arab oil and gas producers for "relentlessly" pursuing fiscal reforms, including diversifying revenue sources by introducing new taxes.
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