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Ron Baron, a longtime Tesla champion, believes the electric vehicle's robotics business will be hugely profitable and it's not yet priced in the stock. Tesla is in the middle of developing autonomous vehicles and humanoid robots with CEO Elon Musk 's vision to make his firm "a leader in AI & robotics." "We're going to get charged every year for software, for using your robot, it's going to keep getting better and better and better," Baron said. Robotics, you're going to be a really big deal for Tesla. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for nearly 30% of the portfolio.
Persons: Ron Baron, Tesla, Elon Musk, Musk, Baron Organizations: Baron Capital, EV, Robotics, Tesla, Baron Partners Fund Locations: Baron's
Access your favorite topics in a personalized feed while you're on the go. This story is available exclusively to Business Insider subscribers. The friends and collaborators have struck a chord on TikTok by sharing their least favorite home decor trends in a viral series called "home decor icks." We're trying to find ways to make everyone's life easier and have a space that's lasting, that's better for the environment because we're not throwing things away, making people happier." Business Insider spoke with Gigliotti and Gaskill to hear more about what they think you should avoid when decorating kitchens, from overzealous DIY projects to perfectly curated countertops.
Persons: , Robert Gigliotti, Ethan Gaskill, Gaskill, Gigliotti, We're Organizations: Service, Business Locations: LA
I learned how to make my dad's famous pastitsio, a classic Greek pasta dish. It's creamier than a baked ziti and meatier than your classic lasagna, and it's super easy to make. AdvertisementWhen it comes to pasta, the dish that I always look forward to most when I visit home is a Greek classic called pastitsio. Pastitsio (pronounced pa-stie-chio) is a baked pasta dish with ground meat and a béchamel sauce. It's creamier than a baked ziti and meatier than your classic lasagna.
Persons: , it's Organizations: Service, Business
It's all unraveling at OpenAI (again)
  + stars: | 2024-06-04 | by ( Madeline Berg | ) www.businessinsider.com   time to read: +10 min
In a statement to Business Insider, an OpenAI spokesperson reiterated the company's commitment to safety, highlighting an "anonymous integrity hotline" for employees to voice their concerns and the company's safety and security committee. Safety second (or third)A common theme of the complaints is that, at OpenAI, safety isn't first — growth and profits are. (In a responding op-ed, current OpenAI board members Bret Taylor and Larry Summers defended Altman and the company's safety standards.) "I have been disagreeing with OpenAI leadership about the company's core priorities for quite some time, until we finally reached a breaking point." (Altman and OpenAI said he recused himself from these deals.)
Persons: , Sam Altman, Daniel Kokotajlo, OpenAI, Altman, Helen Toner, Tasha McCauley, Toner, McCauley, Bret Taylor, Larry Summers, Kokotajlo, Jan Leike, Ilya Sutskever, Leike, Stuart Russell, NDAs, Scarlett Johansson, lawyered, Johansson, " Johansson, I've, Sam Altman — Organizations: Service, New York Times, Business, Times, Twitter, Microsoft, The New York Times, BI, Street, OpenAI, OpenAI's, Apple Locations: OpenAI, Russian, Reddit
The right retirement savings rate depends on your age, expected retirement date, cash flow, projected Social Security income, pensions and retirement plans, among other factors. However, "if you can't reach that 15%, at least try to contribute [enough] to get your full company match," Shamrell said. If you can't reach that 15%, at least try to contribute [enough] to get your full company match. 401(k) savings rates are increasingOver the years, both the individual savings rate and company contributions have continued to climb, said Shamrell with Fidelity. Automatic 401(k) contribution increases have also boosted savings rates, according to Shamrell.
Persons: Mike Shamrell, Shamrell, deferrals, Andrew Herzog Organizations: Fidelity Locations: Plano , Texas
For the past five years or so, we've been taking our kids on cruises, usually to the Caribbean and usually on Disney Cruise Line. We typically don't see a lot of our teens on a cruise, which we've never seen as a negative. My husband and I appreciate the opportunity to have a little time together on a family vacation. A more relaxed pace and less interest in screensThings at the resort moved at a more relaxed pace than on a cruise. No matter what we do on a family vacation, the goal is for everyone to come away from the experience and be glad they went.
Persons: , we've, weren't, Rachel Goldberg, Goldberg, I've Organizations: Service, Disney Cruise, Disney Cruises, Business, Turks, Caicos Locations: Caribbean, Florida, Los Angeles
AI will force about 12 million workers to change jobs by 2030, a McKinsey partner said on Thursday. Job losses will hit four key sectors, including administrative, customer service, and manufacturing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AI is going to disrupt a lot of jobs in the coming years. "That's about, give or take, the pace of occupational transitions we had during COVID."
Persons: , Kweilin Organizations: McKinsey, Service, Global Institute, Business
Cathie Wood's decision to sell more than 1 million shares of Nvidia came as the stock rocketed to astronomical highs. Ark Invest has missed out on more than $1 billion in returns by selling Nvidia stock too early. Ark Invest sold 859,000 Nvidia shares in the fourth quarter of 2022, when the stock was trading below $150 per share. In the first quarter of 2024, ARK Invest continued to pare down its Nvidia stake, selling 81,239 shares. ARK Invest has redeployed its proceeds from selling Nvidia stock into other potential AI companies, though few of those investments have panned out.
Persons: Cathie, , ChatGPT, Wood, pare, it's Organizations: Nvidia, Invest, Ark Invest, Service, Securities and Exchange Commission, CNBC, ARK Invest, Wall Street
I'm a Gen Z freshman and I don't have a ticket to the sold-out club night my roommates are excited about going to. AdvertisementGen Z is one of the first generations who will be less wealthy than our parentsIt's not the first time Gen Z has defied expectations. As Business Insider previously reported, Gen Z is one of the first generations that will be worse off than their parents or grandparents. Gen Z appears to be less focused on the future and more on living enjoyable lives now. I'm an older Gen Z on the cusp of being a millennial, but this trend applies to some of the younger members of my generation, too.
Persons: , I'm, Brandy, Fingers, Kim Schewitz, Serena Vanderwoodsen, ceilidhs, Z, It's, we've, Gen, Gen Zers, they're, you'll, Gen Z Organizations: Service, Real, Business Locations: Brandy Melville, it's
Everyone's life is different — yet most people still utter one of four common phrases on their deathbeds, according to Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee. Each of the phrases offers an important lessons for leading a fulfilling and successful life, Mukherjee said during a commencement speech at the University of Pennsylvania last week. The phrases are:I want to tell you that I love you. You're living in a world where love and forgiveness have become meaningless, outdated platitudes ... Just make sure you actually mean words like "love" and "forgiveness" when you use them, said Mukherjee.
Persons: oncologist Siddhartha Mukherjee, Mukherjee, I've, J, Kim Penberthy, Richard Cowden, Cowden Organizations: University of Pennsylvania, Cancer, of Virginia, Harvard's Institute, Quantitative, Harvard Medical School, CNBC
As such, many will also be writing their resumes for the first time in hopes of catching recruiters and hiring managers' attention. There's one more line worth including under each experience that could give recruiters a sense of your history. "I think it's really helpful to have an anchor statement," says James Hudson, an HR executive who's headed talent acquisition at companies like Nike and Levi Strauss & Co. 'Fintech company with half a billion dollars in revenue'An anchor statement shows up under your job title and the company you worked for. "But even for consumer-facing brands," says Hudson, "it can be helpful to put the anchor statement because, yeah, sure, everyone's heard of Nike or Apple, but most people probably don't know how big those companies are."
Persons: , James Hudson, who's, Levi Strauss, Hudson, everyone's Organizations: Nike, Apple
Legends of the game like Allen Iverson, Dominique Wilkins, and Shaquille O'Neal all sported Reeboks. The brand has now partnered with O'Neal to try to regain its status in the sport. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But fast-forward to 2024, and Reebok finds itself a long way behind the likes of Nike, Adidas, and Jordan. This story is available exclusively to Business Insider subscribers.
Persons: Allen Iverson, Dominique Wilkins, Shaquille O'Neal, O'Neal, , Dee, Allen Iverson's Organizations: Reebok, Service, Reebok Pumps, Nike, Adidas, Business Locations: Jordan
Miss Kim brought in $1.89 million in sales in 2023 and made a net profit of $101,553 for the fiscal year from August 2022 to July 2023. "I started wondering, if I had Korean food or Asian food and I was able to tell this story…what would that look like?" In the fiscal year from August 2016 to July 2017, Miss Kim brought in $699,877 in sales, according to Kim. Doing away with tippingToday, Miss Kim is profitable and thriving, with total sales of $1.89 million in 2023. When Miss Kim first opened, "we decided that we're going to do away with tipped credit and pay people living wage."
Persons: Ji Hye Kim, Kim, Ann Arbor, Miss Kim, Young Kim, Hye Kim Kim, Paul Saginaw, Ari Weinzweig, Zingerman's, Hye Kim, she'd, It's, Kim didn't, Zach Green, Marisa Forziati Organizations: CNBC, U.S, University of Michigan, Dancing Sandwich Enterprises, Miss Locations: South Korea, New Jersey, Ann, Zingerman's, Ann Arbor, Michigan, New York, Saginaw, Korea, Ann Arbor , Michigan, gochujang, U.S, United States, Miss
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAI's golden boy, Sam Altman, may be starting to lose his luster. The company has also been dealing with comments from former executives that its commitment to AI safety leaves much to be desired. This story is available exclusively to Business Insider subscribers. ScaJo scandalThe criticism around AI safety is the latest blow for Altman, who is fighting battles on multiple fronts.
Persons: , Sam Altman, Gretchen Krueger, Jan Leike, Ilya Sutskever, Altman, Stuart Russell, Russell, Scarlett Johansson, Paul Morigi, OpenAI Organizations: Service, Business, Wednesday, UC Berkeley, Microsoft Locations: OpenAI, Russian
Read previewFor Hannah Kristin, the last day of the workweek has a new name: Hair Mask Fridays. Sure, there were spurts of relaxed Fridays in manufacturing and Friday after-work drinking culture, but since the 1990s Fridays have been pretty much like every other day, according to Bloom. "And then from 2021 onwards, it started to become the WFH day. "Personally, I don't mind it, but driving in rush hour traffic every day twice a day is just not my favorite thing," she said. Are you completing side quests on WFH Fridays?
Persons: , Hannah Kristin, Kristin, It's, Tom Colella, Colella, they're, Nicholas Bloom, Bloom, Michele Allard, Sara Daigle, hybridly, Daigle, Gen Organizations: Service, Business, BI, Placer.ai, Stanford University, Daigle Locations: Chicago, New York City, Brooklyn, Manhattan, Dallas
Chesnot | Getty ImagesPARIS — Robin Li, CEO of one of China's biggest tech firms Baidu , said artificial intelligence that is smarter than humans is more than 10 years away, even as industry staple Elon Musk predicts it will emerge very soon. Artificial general intelligence, or AGI, broadly relates to AI that is as smart or smarter than humans. Li, whose company Baidu is one of China's leading AI players, signals this isn't realistic. I think [it] is more than 10 years away," Li said during a talk on Wednesday at the VivaTech conference in Paris. "[My] fear is that is that AI technology is not improving fast enough.
Persons: Robin Li, Porte de Versailles, Musk, AGI, Sam Altman, Li, it's, Everyone's Organizations: Baidu, Viva Technology, Parc, Getty, PARIS, Elon Locations: Paris, France, Europe
Three seasons in, Claudia Jessie still thinks that Eloise Bridgerton is cool. Warning: Minor spoilers ahead for "Bridgerton" season three, part one. There's room for play as well. Claudia Jessie as Eloise Bridgerton in season three of "Bridgerton." "Bridgerton" season three, part two premieres June 13.
Persons: Claudia Jessie, Eloise Bridgerton, Jessie, Penelope Featherington, Nicola Coughlan, she's, Cressida Cowper, Jessica Madsen, Eloise, Penelope, Liam Daniel, Netflix Eloise, Lady Whistledown, it's, Nicola, we've, isn't, Cressida, Theo, Jess Madsen, We've, Jess, we'll, Daphne, Francesca, Benedict, I've, There's, there's, who's, doesn't, that's, Nothing's, I'm, I'd Organizations: Service, Business, Netflix, Guardian Locations: London
Read previewThe age of AGI is coming and could be just a few years away, according to OpenAI cofounder John Schulman. Speaking on a podcast with Dwarkesh Patel, Schulman predicted that artificial general intelligence could be achieved in "two or three years." A spokesperson for OpenAI told The Information that the remaining staffers were now part of its core research team. Schulman's comments come amid protest movements calling for a pause on training AI models. Groups such as Pause AI fear that if firms like OpenAI create superintelligent AI models, they could pose existential risks to humanity.
Persons: , John Schulman, Dwarkesh Patel, Schulman, AGI, Elon Musk, OpenAI, Kayla Wood, Jan Leike, Ilya Sutskever Organizations: Service, Business, Tech, Washington Post
Read previewAngela Marie Christian was in a quandary when the father of her eldest daughter wanted to take the then 12-year-old to the Dominican Republic with his family. The decision caused a lot of upset because the child wanted to go to the Caribbean just as much as her dad and his relatives wanted her there. Six years on, with the benefit of hindsight, the mom said she could have handled the situation differently. "I thought that, instead of being about me and how I felt, it was about really considering the child," the mom said. For example, she said that her middle daughter usually spends Thanksgiving at her dad's house and Christmas at her mom's every year.
Persons: , Angela Marie Christian, Christian, wouldn't, she'd Organizations: Service, Business Locations: Dominican Republic, Caribbean, Costa Rica
A dermatologist told Business Insider sunscreen is the most important part of her routine. Everyone's skin wrinkles as they age, but genes, UV exposure, and repeated facial expressions can govern how deep they are and how many develop. Many people turn to "antiaging" creams and beauty products to lessen the appearance of wrinkles — in 2023, facial antiaging products made over $1 billion in the US, according to Statista. But because the Food and Drug Administration doesn't evaluate beauty products for effectiveness, there's no guarantee they will reduce wrinkles. This story is available exclusively to Business Insider subscribers.
Persons: TikTokers, , Sarah Palmyra, couldn't Organizations: Service, and Drug Administration, Business
Going to restaurants with our three kids — ages 9, 7, and 4 — is usually a lesson in extreme patience. And it's just really hard for our kids to stay still at the table. Our tiny table means the kids can too easily bug each other, so we also end up breaking up fights most nights. We choose where to go with our kids in mindDespite the hard stuff, the good parts make it worth it. And even the hard parts can be made easier by choosing our location wisely.
Persons: doesn't, what's, it's, We're Organizations: Breweries
No one is laughing about Jayshree's company, either, as her white box solutions are beating Cisco Systems when it comes to the internet plumbing that connect Nvidia chips to the Titans. Last year at this time, Nvidia snuck into the U.S. trillion-dollar market cap club, with that May quarter. What does Nvidia really have to do then for an encore? Now we are getting into what Jensen does to beat expectations. Tall order, but Nvidia is a company that's beaten tall orders routinely we just didn't really know it until last May.
Persons: Jensen Huang, Jensen, Claude, let's, Blackwell, Andy Grove, Intel's, doesn't, — Jensen, Collette Kress, Mills, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Josh Edelson Organizations: Nvidia, Titans, Arista Networks, Microsoft, Meta, Cisco Systems, Google, Apple, Devices, Intel, Merck, Keytruda, Vision, AMD, Grove, Union Pacific, Club, GE, Jim Cramer's Charitable, CNBC, SAP Center, Afp, Getty Locations: San Jose , California
I feel so fulfilled by my life in Finland. I was introduced to cross-country skiing when I moved to Finland five years ago, and now it is one my favorite hobbies." Finland is the first place I lived after college and the first place my husband and I lived together. You can follow her journey and life in Finland on Instagram or TikTok. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Jade Ventoniemi, I've, Ventoniemi, Jade Organizations: Southern, NCAA, CNBC Locations: Finland, U.S, Florida, States, Lapland, Kuusamo, Southern USA, American, Lahti
Read previewWearing a school uniform never worked for Holly White. "I was assisting fashion assistants, and I knew immediately that I'd fallen in love with styling," White said of her time at the magazine. India Amarteifio and Holly White. Charithra Chandran attends a Vogue and Netflix event in a look styled by Holly White. "We're having conversations about the directions we want to go, when we want to push certain silhouettes, what we want to say with certain looks," White said.
Persons: , Holly White, White, I'd, Mary, Kate, Ashley Olsen, Tim Walker, wasn't, Luke Newton, Tom Hiddleston, Loki, Milly Alcock, Holly White White, Amarteifio, Tolu Coker, India Amarteifio, Kayla Oaddams, Charithra Chandran, Jeff Spicer, Newton, They've, Luke, Jamie McCarthy Organizations: Service, Business, London College of Fashion, Vogue, Netflix, Newtown, Getty Locations: London, India, British, Nigerian, Amarteifio
The S & P 500 broke above 5,300, also for the first time. The S & P 500 has notched record close after record close in 2024. This quarter, the top-performing S & P 500 sector is utilities, higher by 9%, followed by communication services, up by 4%. The S & P 500 and Nasdaq Composite each closed out a fourth straight week of gains. Sustaining all-time highs Nvidia's earnings will also be a key catalyst at a time when technicians are watching to see whether stocks can sustain the record levels they reached this week.
Persons: what's, they're, Jay Woods, hadn't, Piper Sandler's Harsh Kumar, Kumar, Jensen Huang, Blackwell, Zachary Hill, Chris Zaccarelli, Zaccarelli, Woods, Katie Stockton, Stockton, TJX Cos, Raymond James Thursday, Ralph Lauren Friday, Nick Wells Organizations: Nvidia, Federal Reserve, Dow Jones, Freedom Capital, Dow, Nasdaq, Independent, Alto Networks, Devices, Target, Chicago, PMI, New, . Kansas City Fed, Intuit Locations: Stockton, . Kansas
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