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His criticism of remote work marked an abrupt shift from a discussion about Tesla's car pricing during the company's earnings call. AdvertisementAdvertisementTesla CEO Elon Musk ranted against remote work during Tesla's third-quarter financial results call and criticized the work-from-home crowd as being "detached from reality." Because it mattered," Musk said, while drawing a comparison between remote workers to factory workers, restaurant workers, and delivery workers. After sharing his thoughts on remote work, he resumed the pricing discussion by saying, "So, I just can't emphasize again how important cost is." In May, Musk told CNBC he thought remote work was "morally wrong," and likened remote workers to Marie Antoinette's infamous "let them eat cake" remark.
Persons: Elon Musk, Marie Antoinette, , Musk, Marie Antoinette's, Walter Isaacson's, Tesla Organizations: Service, CNBC, Twitter, Musk
OpenAI CEO Sam Altman said he had "deep misgivings" about friendships with AI. "We named it ChatGPT and not a person's name very intentionally," he said during WSJ's Tech Live event on Tuesday. AdvertisementAdvertisementOpenAI CEO Sam Altman has misgivings about friendships between humans and AI. AdvertisementAdvertisementAltman's comments come amid a growing number of AI companies putting out chatbots with human-like personality and friendliness as a key feature. When AI startup Replika disabled their chatbots' "erotic role-play" feature, it caused an uproar among users who felt their AI companions had been "lobotomized."
Persons: Sam Altman, Altman's, , Altman, Joanna Stern, Claude, Character.AI's, Kendall Jenner, Chris Cox, Altman isn't, Insider's Rob Price, OpenAI Organizations: WSJ's Tech, Service, Tech, Public Citizen Locations: Laguna Beach , California
OpenAI CEO Sam Altman says he and Microsoft CEO Satya Nadella are "nowhere near the frenemy territory." AdvertisementAdvertisementOpenAI CEO Sam Altman says that he isn't frenemies with Microsoft CEO Satya Nadella. "It's really good," Altman said about his relationship with Nadella, while adding that the pair have their squabbles. Microsoft is investing over $10 billion in OpenAI, granting Microsoft access to advanced AI systems while backing OpenAI's research. Representatives for Altman and Nadella did not immediately respond to requests for comment from Insider, sent outside regular business hours.
Persons: Sam Altman, Satya Nadella, Altman, , Joanna Stern, Nadella, Stern, Microsoft's Bing, Microsoft's Bing chatbot, OpenAI, Elon Musk, ChatGPT Organizations: Microsoft, Service, WSJ Tech, Wall Street, Elon
AI could accurately guess a user's personal information — like gender, age, and location — based on what they type, a new study says. The study's authors say AI can be used to "infer personal data at a previously unattainable scale" and be deployed by hackers. This is very, very problematic," one of the study's authors told Wired. This is very, very problematic," Martin Vechev, a professor at ETH Zurich and one of the study's authors, told Wired in an article published Tuesday. The study's authors, Meta, Google, Anthropic, and OpenAI, did not immediately respond to requests for comment from Insider, sent outside regular business hours.
Persons: It's, , Robin Staab, Mark Vero, Mislav Balunović, Martin Vechev, Meta's, Anthropic's Claude Organizations: Wired, Service, ETH Zurich, Meta, Google Locations: Melbourne
Goldman Sachs CEO David Solomon famously had a side hustle as a DJ. Sources told the FT Solomon decided to stop playing at high-profile gigs because of criticism and media attention. AdvertisementAdvertisementUnder the stage name of DJ D-Sol, Solomon has released remixed tracks through his Instagram account and Spotify. AdvertisementAdvertisementAfter becoming CEO, Solomon's DJ side gig drew criticism for blurring the lines between his hobby and his job as Goldman's top executive. Goldman employees were also asked to lend a hand in Solomon's side hustle, with members of the communications department weighing in on press releases announcing Solomon's music and the company's social media team liaising with Solomon's music label, Insider reported in 2022.
Persons: Goldman Sachs, David Solomon, FT Solomon, , David Solomon's, Kate Kelly, Solomon, Insider's Dakin Campbell, DJ, Goldman Organizations: FT, Service, New York Times, Financial Times, Hamptons
Top-earning US men experience an "astonishing surge in earnings" between the ages of 35 and 45. The top 2% average around $400,000 a year across their working lives, while median earners earn $50,000 annually, per the post. AdvertisementAdvertisementTop-earning American men experience an "astonishing surge in earnings" between the ages of 35 and 45 while other men see their incomes plateau, according to an analysis by economist Serdar Ozkan published Monday. The difference in wage growth is starker earlier in life. From ages 25 to 35, top earners experience a 435% rise in earnings, compared to a 65% increase for median earners.
Persons: Serdar Ozkan, , Ozkan, Louis Organizations: Service, Federal Reserve Bank of St, Internal Revenue, Institute, National Bureau of Economic Research, Federal Reserve Bank of Atlanta Locations: Washington
Billionaire investor Marc Andreessen posted a mammoth 5000-word techno-optimist manifesto on Monday. Deaths that were preventable by the AI that was prevented from existing is a form of murder," wrote Andreessen. Deaths that were preventable by the AI that was prevented from existing is a form of murder," wrote Marc Andreessen. "Our enemies are not bad people – but rather bad ideas, "Andreessen wrote. Andreessen and Andreessen Horowitz did not immediately respond to requests for comment from Insider, sent outside regular business hours.
Persons: Marc Andreessen, , Andreessen, Elon Musk, Sam Altman —, Andreessen Horowitz Organizations: Service, Forbes
He says he had considered the idea ludicrous as someone who's gay and used to be an atheist. And it was also a big shift for someone who was living abroad in the Hague, who's openly gay, and who was heavily invested in a different career. I thought it was completely ludicrous, as someone who used to be quite atheist as a teen, who's gay, and who'd been preparing for an entirely different career. By January, I'd started working there as a pastoral assistant. Though it hasn't been the easiest time — I get a stipend of 600 pounds a month, or about $740 — I don't regret it one bit.
Persons: Peter Banks, , I've, It's, who's, Banks, who'd, Little, I'd, hasn't, We're, you've Organizations: Service, UK's Liberal Democratic Party, Liberal Democratic Party, Hague, University of Cambridge's Trinity College, Episcopal Church, Episcopal, of Locations: Cambridge, England, Hague, Netherlands, Winchester, Mary's, United States, Scotland, of Wales
Dropbox CEO Drew Houston told Fortune his company uses a 90/10 rule for remote work. This means 90% of the year is spent on remote work, and the remaining 10% is dedicated to employee off-site events. AdvertisementAdvertisementDrew Houston, the CEO of file storage company Dropbox, is continuing to tout a predominantly remote work culture, even as business leaders increasingly call for their workers to return to the office. Dropbox uses a 90/10 rule, with 90% of the year spent on remote work and the remaining 10% spent on a handful of employee off-sites, the company's CEO told Fortune in an interview published Sunday. The company first announced it was becoming a "virtual first" company in 2020 amid the COVID-19 pandemic, making remote work the default for workers.
Persons: Drew Houston, Fortune, , Houston, Mark Zuckerberg, Goldman Sachs, David Solomon, Jamie Dimon, hasn't Organizations: Houston, Service, Dropbox, Forbes, JPMorgan Locations: San Francisco, Houston
OpenAI has quietly changed the core values it displays on its career page. AdvertisementAdvertisementOpenAI has quietly changed its core values on the company's careers page. OpenAI's new core values are now "AGI focus," "intense and scrappy," "scale," "make something people love," and "team spirit," per the company's careers page. The initial set of core values had been used since at least January 2022, per the Internet Archive. AdvertisementAdvertisementWhile some older core values seem to have been folded into new ones, others lack a clear replacement.
Persons: OpenAI, , , Altman, Geoffrey Hinton, Sam Altman, Elon Musk, Musk Organizations: Service, New Yorker, Microsoft
"Funflation" refers to higher consumer demand for fun experiences, which inflates the prices of these experiences. Big ticket items in electronics are drawing less consumer interest than Taylor Swift tickets and other fun experiences, Barry said at a Fortune event. AdvertisementAdvertisementCorie Barry, the CEO of electronics retailer Best Buy, thinks that splurging on Taylor Swift tickets and "funflation" is hurting her company's bottom line. Bloomberg analysts estimated in August that Taylor Swift and Beyoncé's concert tours would add around $5.4 billion to the US economy's GDP. Best Buy and Barry did not immediately respond to requests for comment from Insider, sent outside regular business hours.
Persons: Corie Barry, Taylor Swift, Barry, , splurging, Brett, Insider's Sirena Bergman Organizations: Service, Bloomberg, Columbia Business School, Bank of America
OpenAI's growth this year has been unstoppable. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It's safe to say it has provided an unstoppable force of growth to OpenAI ever since. Gemini, the search giant's widely anticipated multimodal AI model, designed to rival ChatGPT's underlying model GPT-4, is expected to be launched this year. Meanwhile, the open-source community has been busy developing an alternative AI model.
Persons: , Sam Altman reckons, OpenAI, ChatGPT, Kai Xiang Teo, scrappy Organizations: Service, The, Microsoft, OpenAI
Harvard told students in an email that its historic center would be closed to non-ID holders nightly until Monday, the Harvard Crimson reported. Harvard Yard is the oldest part of the university campus and is where most freshman dormitories are housed. The move comes amid an escalating backlash against student groups that cosigned a letter blaming Israel for the Hamas attacks. AdvertisementAdvertisementHarvard is closing off its historic center, Harvard Yard, to visitors at night until Monday, amid an escalating backlash against students who cosigned a letter blaming Israel for the Hamas attacks, the Harvard Crimson reported Thursday, citing an email sent to students. Harvard Yard is a 25-acre green space that is the oldest part of the university campus and is where most freshman dormitories are housed.
Persons: Israel, , Meredith Weenick, Bill Ackman, Larry Summers, Jason Furman, Boaz Barak, Harvard Hillel Organizations: Harvard, Harvard Crimson, Service, Harvard Yard, Harvard University Police Department Locations: Israel
Microsoft has cleared a key regulatory hurdle in the UK to acquire video game giant Activision Blizzard. The UK's competition watchdog approved Microsoft's $69 billion acquisition of the company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementMicrosoft has received clearance from the UK's antitrust regulator for its $69 billion acquisition of video game giant Activision Blizzard. Microsoft and Activision Blizzard did not immediately respond to a request for comment from Insider, sent outside regular business hours.
Persons: Organizations: Microsoft, Activision, Service, Activision Blizzard, UK's, Markets Authority
More than 30 Harvard student groups signed a letter blaming Israel for the Hamas attacks. A driver rode around Harvard in a truck with names and images of students it linked to the letter. AdvertisementAdvertisementOn Sunday, dozens of Harvard student groups cosigned a letter blaming Israel for the brutal Hamas attacks over the weekend. Images on social media appear to show that the students' names and images appeared alongside the title "Harvard's leading antisemites." The letter at the heart of the controversy was cosigned by more than 30 Harvard student groups.
Persons: Israel, , Jason Furman, Furman, Bill Ackman Organizations: Harvard, Service, Harvard Crimson, Media, Harvard Kennedy School, Publishing
Bill Ackman wants Harvard to disclose the names of students blaming Israel for Hamas attacks so potential employers can avoid hiring them. Former Harvard president Larry Summers told Bloomberg he thought Ackman was "getting a bit carried away" with his call. Summers told Bloomberg in an interview on Wednesday he thought Ackman was "getting a bit carried away" with his call for the university to release students' names. Many in the groups had no idea there was even going to be a letter," Summers said during the interview. AdvertisementAdvertisementThe former Harvard president echoed some of these sentiments in a post he published on X shortly after the interview.
Persons: Bill Ackman, Israel, Larry Summers, Ackman, Joe McCarthy, , Ackman's, Summers, McCarthy, Joseph McCarthy, Ted Cruz, Boaz Barak, Harvard Hillel — Organizations: Harvard, Bloomberg, Service, Harvard University, American, Ackman
More than 30 Harvard student groups signed a letter condemning Israel for the Hamas attacks. On Wednesday, a truck drove through Harvard naming and shaming students it claimed was connected to the letter. AdvertisementAdvertisementOn Sunday, several Harvard student groups released a controversial letter letter blaming Israel for the brutal Hamas attacks over the weekend. The letter at the heart of the controversy was co-signed by more than 30 Harvard student groups. "We, the undersigned student organizations, hold the Israeli regime entirely responsible for all unfolding violence," the letter read.
Persons: Israel, , Jason Furman, Furman, Bill Ackman Organizations: Harvard, Service, Harvard Crimson, Media, Harvard Kennedy School, Publishing
A letter signed by over 30 Harvard student groups blaming Israel for the Hamas attacks has drawn significant backlash. One Harvard professor says a person who said they recently graduated and had no involvement with the letter has been doxxed. AdvertisementAdvertisementA letter signed by Harvard student groups that blamed Israel for the Hamas attacks has drawn significant backlash from figures like billionaire investor Bill Ackman and Senator Ted Cruz. The person wrote they had been doxxed in relation to the letter despite having nothing to do with it. "We, the undersigned student organizations, hold the Israeli regime entirely responsible for all unfolding violence," wrote the letter, which was signed by over 30 Harvard student groups.
Persons: Israel, , Bill Ackman, Ted Cruz, Jason Furman, Twitter —, I've, Furman, doxxing, We'll, Harvard Hillel, Ackman Organizations: Harvard, Service, Harvard Kennedy School, Twitter, Palestine Solidarity Committee, Harvard Crimson Locations: Israel, Palestine
Billionaire Bill Ackman wants Harvard to name the students whose organizations co-signed a letter laying blame for the Hamas attacks on Israel. His post saying the names should be released so CEOs can avoid hiring them drew over 10 million views on X. AdvertisementAdvertisementBillionaire hedge fund manager Bill Ackman called on Harvard to release the names of students whose organizations signed a letter blaming Israel for the Hamas attacks, so CEOs can avoid hiring them. Harvard, Ackman, Resnik, Varsavsky, Duel, Ready, Montague, Levy, Wurzack, McQuaid, Newman, and Broukhim did not immediately respond to requests for comment from Insider. These CEOs and investors are directing their ire at a letter written by Harvard Palestine Solidarity Groups published on Sunday.
Persons: Bill Ackman, , Israel, Ackman, We'll, Martin Varsavsky, Varsavsky, Jonathan Newman, Michael Broukhim, David Duel, Newman, Michael McQuaid, Bloq, Stephen Ready, Hu Montague, Art Levy, Jake Wurzak, Levy, Wurzack, McQuaid, Broukhim, Mehdi Hasan, MSNBC's Mehdi Hasan Organizations: Harvard, Service, Dovehill Capital Management, Harvard Palestine Solidarity Groups Locations: Israel, Montague
Cherylyn Wee is a 32-year-old sales director who landed her first job after tweeting at Uber. That's when I tweeted at Uber, "My @uber rating is higher than my GPA. And my Uber rating was 4.9 out of 5. And that's how a tweet helped me land my first job, as a marketing coordinator at Uber Singapore. AdvertisementAdvertisementBe intentional with what you write onlineWee on her last day at the Uber Singapore office in 2018, which was also the day Uber exited the country.
Persons: Wee, tweeting, , Cherylyn Wee, Uber, Cherylyn, I've Organizations: Service, Uber, Uber Singapore, Twitter Locations: Singapore, Uber Singapore
Analyst firm CCS Insight is predicting a "cold shower" for generative AI in 2024. The firm's chief analyst told CNBC he believes the technology is overhyped and faces immense costs to deploy. AdvertisementAdvertisementAn analyst firm is predicting a "cold shower" for generative AI in 2024. "Just the cost of deploying and sustaining generative AI is immense," said Wood. AdvertisementAdvertisementFor context, AI relies on chips to run, and the firm's prediction comes amid concerns about a global chip shortage.
Persons: , Ben Wood, Wood, Elon Musk, Dylan Patel Organizations: Insight, CNBC, Service, CCS, CCS Insight, Google, Elon, Nvidia, Reuters Locations: London
Brian Chesky says Barack Obama gave him some post-breakup advice, saying he didn't need another relationship. AdvertisementAdvertisementAirbnb CEO Brian Chesky says he received a piece of advice about love and friendship from the former president after a breakup in 2021. Speaking on the Diary of a CEO podcast on Monday, Chesky recounted how he sought advice from Obama in 2021. The two have known each other since at least 2015, when Obama named Chesky a Presidential Ambassador for Global Entrepreneurship. Chesky and Obama did not immediately respond to requests for comment from Insider, sent outside regular business hours.
Persons: Brian Chesky, Barack Obama, Chesky, , Obama, podcaster Steven Bartlett, Airbnb, isn't, Vivek Murthy, Insider's Rebecca Ungarino Organizations: Service, Global Entrepreneurship, Obama, Bloomberg, Obama Foundation, Public Service, Psychological Locations: Cuba
A group of researchers asked AI to design a walking robot. AdvertisementAdvertisementWhen a group of researchers asked an AI to design a robot that could walk, it created a "small, squishy and misshapen" thing that walks by spasming when filled with air. "We told the AI that we wanted a robot that could walk across land. The AI began with a small rubber block and modeled different shapes before arriving at the final design that could walk. AdvertisementAdvertisementKriegman said the researchers weren't quite sure why the robot had this peculiar shape — and why it was filled with holes.
Persons: , Sam Kriegman, Kriegman, Mika Organizations: Service, Northwestern University, MIT, University of Vermont —, National Academy of Sciences, Boston Dynamics, Reuters Locations: Geneva
California governor Gavin Newsom has signed into law a new bill that outlaws hidden junk fees. The Consumer Financial Protection Bureau estimates that Americans spend at least $29 billion a year on junk fees. AdvertisementAdvertisementThe nonprofit watchdog Consumer Reports estimated in 2019 — based on a survey of more than 2,000 US adults — that 85% of Americans have been charged hidden junk fees. President Joe Biden has made combating junk fees a key priority for his administration since 2022. Biden said in July that "folks are tired of being played for suckers" as he announced measures cracking down on junk fees in the rental housing market.
Persons: Gavin Newsom, , Sen, Bill Dodds, Nancy Skinner, Vicki Morwitz, Morwitz, Joe Biden, Biden Organizations: Consumer Financial, Service, NBC, SB, Consumer, Bureau, CBS, Columbia Business School Locations: California
Russian propagandists are capitalizing on the Israel conflict, per the Institute for the Study of War. The ISW says Kremlin narratives are now targeting "western audiences" to undermine aid to Ukraine. These "information operations" aim to reduce Western support for the Ukraine war, per the ISW. AdvertisementAdvertisementThe Institute for the Study of War says Russia's propaganda machine will likely use the conflict in Israel to erode the West's support for Ukraine. The ISW wrote in its report that after the Hamas attacks on Saturday, the Kremlin amplified information campaigns that accused the West of ignoring Middle East conflicts to support Ukraine.
Persons: ISW, , Sergey Mardan, Dmitry Medvedev, Medvedev, Volodymyr Zelenskyy Organizations: for, Service, Ukraine, , Security, of, Palestinian, Congress, Capitol Locations: Israel, Ukraine, Washington, Russian, of Russia, West
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