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D.O.G.E.
IN THIS ARTICLE: Elon Musk's Department of Government Efficiency (D.O.G.E.) wants to cut $2 trillion in federal spending, but it's an impossible plan that could hurt the U.S. economy
Although D. O. G. E. is pushing for massive job cuts, agency closures and deregulation, the majority of federal spending remains intact, leaving little room for real savings.
Aaron's opposition to a bipartisan spending agreement nearly led to government shutdowns, but his influence could lead to further fiscal problems under the Trump administration.
the CEO of #Tesla billionaire #Elon Musk, along with Vivek Ramaswamy, has been named to lead the newly created Department of Government Efficiency (D. O. G. E. ) under the administration of "crypto-president" Donald Trump.
the goal is to reduce federal government spending by $2 trillion. The goal is. That's roughly in line with the projected U. S. budget deficit in 2024. The problem, however, is that this project could fail. The new D. O. G. E. line code. - isn't even a real government department. It's an advisory body. Nothing can be implemented without Congress or Trump's signature. However, Elon's name carries weight. His involvement alone has made this more than just a theoretical exercise.
The plan is aggressive, with mass layoffs, the elimination of departments and agencies, and reduced regulation. President Trump and his allies have welcomed it, but skeptics are sounding the alarm about the potential consequences.
Eron and Vivek plan to cut government staff by 75%. If the D. O. G. E. initiative goes through, three-quarters of federal employees will be on entry-level pay.
But how realistic is that? Not very, experts say. That's because about 75% of the federal budget is mandatory spending. Programs such as Social Security and Medicare cannot be touched, so as not to cause a massive political reaction. In other words, only discretionary spending (about $1.7 trillion) will be subject to cuts. Half of that is defense spending, which Trump and his allies are unlikely to touch.
He overestimated his budget and called it wasteful.
Read us at: Compass Investments
#transscreen.ru #GlobalCrypto #BlockchainFuture
Although D. O. G. E. is pushing for massive job cuts, agency closures and deregulation, the majority of federal spending remains intact, leaving little room for real savings.
Aaron's opposition to a bipartisan spending agreement nearly led to government shutdowns, but his influence could lead to further fiscal problems under the Trump administration.
the CEO of #Tesla billionaire #Elon Musk, along with Vivek Ramaswamy, has been named to lead the newly created Department of Government Efficiency (D. O. G. E. ) under the administration of "crypto-president" Donald Trump.
the goal is to reduce federal government spending by $2 trillion. The goal is. That's roughly in line with the projected U. S. budget deficit in 2024. The problem, however, is that this project could fail. The new D. O. G. E. line code. - isn't even a real government department. It's an advisory body. Nothing can be implemented without Congress or Trump's signature. However, Elon's name carries weight. His involvement alone has made this more than just a theoretical exercise.
The plan is aggressive, with mass layoffs, the elimination of departments and agencies, and reduced regulation. President Trump and his allies have welcomed it, but skeptics are sounding the alarm about the potential consequences.
Eron and Vivek plan to cut government staff by 75%. If the D. O. G. E. initiative goes through, three-quarters of federal employees will be on entry-level pay.
But how realistic is that? Not very, experts say. That's because about 75% of the federal budget is mandatory spending. Programs such as Social Security and Medicare cannot be touched, so as not to cause a massive political reaction. In other words, only discretionary spending (about $1.7 trillion) will be subject to cuts. Half of that is defense spending, which Trump and his allies are unlikely to touch.
He overestimated his budget and called it wasteful.
Read us at: Compass Investments
#transscreen.ru #GlobalCrypto #BlockchainFuture
Elon Musk Challenges the Federal Reserve: A Call for Modernization 🚀🔥
🚀 Visionary vs. Tradition
#Elon Musk, the mastermind behind Tesla, SpaceX, and X (formerly Twitter), is making headlines once again—this time targeting the U.S. Federal Reserve. His sharp critique of its sprawling bureaucracy and sluggish operations has sparked a heated debate across financial circles. Musk’s central argument? The Fed’s inefficiencies are holding back the U.S. economy at a critical moment when innovation and adaptability are paramount.
🔑 Musk’s Stance: “Streamline for Impact”
Taking to social media, Musk didn’t mince words, describing the Fed as burdened by “too many decision-makers disconnected from real-world consequences.” He pointed to the need for a more agile and efficient approach, arguing that outdated systems are ill-equipped to handle today’s economic complexities. With inflation rising, debt escalating, and global uncertainties looming, Musk’s remarks come as a wake-up call for change.
🏛️ The Federal Reserve in Focus
The Federal Reserve wields significant influence, from controlling interest rates to ensuring economic stability. Yet Musk questions whether it’s equipped to meet the demands of a rapidly evolving world. His vision? A leaner, tech-driven Fed that leverages AI and real-time data to automate decision-making, enabling quicker, more informed policy responses. It’s a provocative proposal that challenges decades of tradition.
⚔️ The Divide: Innovation vs. Caution
Musk’s bold ideas have sparked polarized reactions:
✅ Advocates applaud his push for modernization, seeing it as essential for staying competitive in a fast-paced global economy.
❌ Critics warn against oversimplifying the Fed’s intricate responsibilities, cautioning that hasty reforms could lead to unintended consequences.
⏳ The Larger Implications
This isn’t just about streamlining operations—it’s a broader discussion about the future of monetary policy in a tech-driven era. Musk’s challenge highlights the growing tension between legacy institutions and the demands of modern finance. Will his vision inspire transformative change, or will tradition prevail?
🌐 As the world watches this clash of innovation and conservatism, one thing is clear: the call for modernization is growing louder. The outcome could redefine the future of central banking and global finance.
💬 What’s your perspective? Should central banks adopt Musk’s forward-thinking approach, or stick with the tried-and-tested methods?
#ElonVsTheFed #FinancialInnovation #FutureOfFinance #CryptoNextWave #Write2Earn
#Elon Musk, the mastermind behind Tesla, SpaceX, and X (formerly Twitter), is making headlines once again—this time targeting the U.S. Federal Reserve. His sharp critique of its sprawling bureaucracy and sluggish operations has sparked a heated debate across financial circles. Musk’s central argument? The Fed’s inefficiencies are holding back the U.S. economy at a critical moment when innovation and adaptability are paramount.
🔑 Musk’s Stance: “Streamline for Impact”
Taking to social media, Musk didn’t mince words, describing the Fed as burdened by “too many decision-makers disconnected from real-world consequences.” He pointed to the need for a more agile and efficient approach, arguing that outdated systems are ill-equipped to handle today’s economic complexities. With inflation rising, debt escalating, and global uncertainties looming, Musk’s remarks come as a wake-up call for change.
🏛️ The Federal Reserve in Focus
The Federal Reserve wields significant influence, from controlling interest rates to ensuring economic stability. Yet Musk questions whether it’s equipped to meet the demands of a rapidly evolving world. His vision? A leaner, tech-driven Fed that leverages AI and real-time data to automate decision-making, enabling quicker, more informed policy responses. It’s a provocative proposal that challenges decades of tradition.
⚔️ The Divide: Innovation vs. Caution
Musk’s bold ideas have sparked polarized reactions:
✅ Advocates applaud his push for modernization, seeing it as essential for staying competitive in a fast-paced global economy.
❌ Critics warn against oversimplifying the Fed’s intricate responsibilities, cautioning that hasty reforms could lead to unintended consequences.
⏳ The Larger Implications
This isn’t just about streamlining operations—it’s a broader discussion about the future of monetary policy in a tech-driven era. Musk’s challenge highlights the growing tension between legacy institutions and the demands of modern finance. Will his vision inspire transformative change, or will tradition prevail?
🌐 As the world watches this clash of innovation and conservatism, one thing is clear: the call for modernization is growing louder. The outcome could redefine the future of central banking and global finance.
💬 What’s your perspective? Should central banks adopt Musk’s forward-thinking approach, or stick with the tried-and-tested methods?
#ElonVsTheFed #FinancialInnovation #FutureOfFinance #CryptoNextWave #Write2Earn
Trumpmusk:
great men is Elonmusk
Ethereum's Vitalik Buterin talks about how artificial intelligence is becoming mainstream.
However, Balaji notes that these smart things lack coordination and memory. That is, they can't synchronize with each other or with their owners online and store memories of those conversations.
Balaji says that even if they could, there's a serious problem: "Who owns the private key? "
Buterin, in his typical fashion, proposed a solution that he believes could solve this problem. He stated that explicit control over private keys and technology should belong to people personally.
This implies that, as in the case of wallets, the owner should have full control without relying on intermediaries who created such technology. LINE
Vitalik Buterin emphasized an important point regarding the security of such technologies. He noted that self-protection "is not a standard outcome in the current crypto ecosystem. "LINE BREAK Users still place funds in centralized organizations such as exchanges. LINE BREAK This may seem convenient, but it exposes owners to inconvenient risks such as mismanagement and hacking. Exposing owners to mismanagement, hacking, and other inconvenient risks. Fraudsters have already begun exploring the use of #Elon Musk's artificial bots.
Therefore, Buterin advocates a more decentralized approach to the artificial Internet of Things, where the owner of the #private key has full control over the technology. He states. This will minimize attacks by malicious actors seeking to take control and "infiltrate" such smart homes.
Buterin concludes with an important point.
Read us at: Compass Investments
#MarketInsights #CryptoAdoption #TrendingTopic
Balaji says that even if they could, there's a serious problem: "Who owns the private key? "
Buterin, in his typical fashion, proposed a solution that he believes could solve this problem. He stated that explicit control over private keys and technology should belong to people personally.
This implies that, as in the case of wallets, the owner should have full control without relying on intermediaries who created such technology. LINE
Vitalik Buterin emphasized an important point regarding the security of such technologies. He noted that self-protection "is not a standard outcome in the current crypto ecosystem. "LINE BREAK Users still place funds in centralized organizations such as exchanges. LINE BREAK This may seem convenient, but it exposes owners to inconvenient risks such as mismanagement and hacking. Exposing owners to mismanagement, hacking, and other inconvenient risks. Fraudsters have already begun exploring the use of #Elon Musk's artificial bots.
Therefore, Buterin advocates a more decentralized approach to the artificial Internet of Things, where the owner of the #private key has full control over the technology. He states. This will minimize attacks by malicious actors seeking to take control and "infiltrate" such smart homes.
Buterin concludes with an important point.
Read us at: Compass Investments
#MarketInsights #CryptoAdoption #TrendingTopic
Why I choose $UTK ?
Despite the coincidence of collaboration between #XMoney & #XPayment team which I had mentioning in my previously post (see quoted post) there is also some other reasons why I do put my money into UTK
1. It had low supply (1B) that can be reduced even lower when UTK team deciding to burn token
2. 90% lowest from old ATH which is around 1.4 USD
3. Good fundamental where the company behind it #MultiverseX had real license for digital payments in Europe
4. UTK related with $EGLD
5. There is almost no future or perpetual trading for UTK so the chance for UTK getting highly manipulated is smaller & as long as I know the only CEX providing UTK perpetual is MEXC
6. After moving out from ERC20 UTK team seem had creating their own network called as MultiversX so they can lowering gas fee for XMoney payment gateway
7. Lastly in my opinion XPayment & XMoney team collaboration, rebranding time from UTrust to XMoney right after #Elon bought Twitter is too good to be a coincidence & I do feel like Elon & UTrust team had planning it
For now I will keep holding UTK token & will buy more in dips trying to fill my investment bag with UTK as much as I can from benefiting altcoins bearish momentum while waiting $BTC dominance going down & altseason coming up😁
If you have any other thoughts about why you choose UTK compared with other #crypto token please let me know in the comment below 👇
Despite the coincidence of collaboration between #XMoney & #XPayment team which I had mentioning in my previously post (see quoted post) there is also some other reasons why I do put my money into UTK
1. It had low supply (1B) that can be reduced even lower when UTK team deciding to burn token
2. 90% lowest from old ATH which is around 1.4 USD
3. Good fundamental where the company behind it #MultiverseX had real license for digital payments in Europe
4. UTK related with $EGLD
5. There is almost no future or perpetual trading for UTK so the chance for UTK getting highly manipulated is smaller & as long as I know the only CEX providing UTK perpetual is MEXC
6. After moving out from ERC20 UTK team seem had creating their own network called as MultiversX so they can lowering gas fee for XMoney payment gateway
7. Lastly in my opinion XPayment & XMoney team collaboration, rebranding time from UTrust to XMoney right after #Elon bought Twitter is too good to be a coincidence & I do feel like Elon & UTrust team had planning it
For now I will keep holding UTK token & will buy more in dips trying to fill my investment bag with UTK as much as I can from benefiting altcoins bearish momentum while waiting $BTC dominance going down & altseason coming up😁
If you have any other thoughts about why you choose UTK compared with other #crypto token please let me know in the comment below 👇
What Grok said about $UTK & #XMoney ?
"Given the context where MultiversX, xMoney_com, and Elon's xMoney (formerly xPayments) team have been collaborating for a year, with each bringing specific expertise to the table"
Right now UTK was in big dips just like mostly altcoins even when $BTC reaching multiple new ATH with BTC dominance over 55% which means #altseason seem still in the horizon even $ETH had not reaching old ATH yet
I don't have any courage for going into future trading with recent #crypto market situations so I was searching for alt coins that I can bought in spot trading
Some coin had put me in interest & one of them is UTK & after searching for more info's about this token I had found out that #XPayments changed into XMoney so I do more research because I think its too good to be called as coincidence & I had found out #UTRUST rebranded into XMoney almost immediately after Elon bought Twitter & change it into X
With this additional info's made me have more confidences to invest some of my profits from future trading into UTK
As always DYOR
God bless
"Given the context where MultiversX, xMoney_com, and Elon's xMoney (formerly xPayments) team have been collaborating for a year, with each bringing specific expertise to the table"
Right now UTK was in big dips just like mostly altcoins even when $BTC reaching multiple new ATH with BTC dominance over 55% which means #altseason seem still in the horizon even $ETH had not reaching old ATH yet
I don't have any courage for going into future trading with recent #crypto market situations so I was searching for alt coins that I can bought in spot trading
Some coin had put me in interest & one of them is UTK & after searching for more info's about this token I had found out that #XPayments changed into XMoney so I do more research because I think its too good to be called as coincidence & I had found out #UTRUST rebranded into XMoney almost immediately after Elon bought Twitter & change it into X
With this additional info's made me have more confidences to invest some of my profits from future trading into UTK
As always DYOR
God bless
Adyx76:
very good analysis and perspective. I appreciate it
🚨🔥Binance Partners with Elon Musk’s $44 Billion Twitter Acquisition🚨🔥
Is Blockchain the Next Chapter for Social Media?😱🚨💥
A $𝟓𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 Backing
In a groundbreaking collaboration, #Binance , the world’s largest cryptocurrency exchange, has invested an impressive $500 million to support Elon Musk’s acquisition of Twitter. The deal, valued at $44 billion, positions Binance as a key player among the elite group of investors backing Musk’s vision. CEO #changpengzhao (CZ) confirmed the contribution, revealing, “We transferred the funds just a couple of days ago, aligning with the latest developments around Elon and Twitter.”
𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐌𝐞𝐞𝐭𝐬 𝐒𝐨𝐜𝐢𝐚𝐥 𝐌𝐞𝐝𝐢𝐚?💥
Speculation is mounting that Binance has already initiated plans to integrate blockchain technology into Twitter’s framework. The potential for transforming the platform into a Web3-enabled powerhouse is immense. #Elon Musk has long hinted at the idea of fusing blockchain with social media. Earlier this year, he discussed the concept of “blockchain free speech” with former Twitter CEO Jack Dorsey, suggesting it could revolutionize the way online interactions take place.
𝐀 𝐕𝐢𝐬𝐢𝐨𝐧𝐚𝐫𝐲 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩🤔
Binance first announced its intention to support Musk’s acquisition in May, describing it as a strategic step towards merging Web3 innovation with social networking. CZ emphasized that this partnership could redefine the digital landscape by blending blockchain with traditional social media. While other institutional investors, such as Morgan Stanley, Bank of America, and Barclays, contributed a combined $2.5 billion, Binance’s involvement stands out as a significant catalyst for change.
With 𝐌𝐮𝐬𝐤’𝐬 recent declaration, “The bird is freed,” and Binance actively exploring blockchain solutions, the evolution of Twitter is inevitable. Whether it becomes a blockchain-powered social media giant remains to be seen, but one thing is certain—this collaboration is set to reshape the future of online communication. Stay tuned for what promises to be a revolutionary shift in the digital ecosystem.
#ElonMuskUpdates #Changpeng.CZ.Zhao
A $𝟓𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 Backing
In a groundbreaking collaboration, #Binance , the world’s largest cryptocurrency exchange, has invested an impressive $500 million to support Elon Musk’s acquisition of Twitter. The deal, valued at $44 billion, positions Binance as a key player among the elite group of investors backing Musk’s vision. CEO #changpengzhao (CZ) confirmed the contribution, revealing, “We transferred the funds just a couple of days ago, aligning with the latest developments around Elon and Twitter.”
𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐌𝐞𝐞𝐭𝐬 𝐒𝐨𝐜𝐢𝐚𝐥 𝐌𝐞𝐝𝐢𝐚?💥
Speculation is mounting that Binance has already initiated plans to integrate blockchain technology into Twitter’s framework. The potential for transforming the platform into a Web3-enabled powerhouse is immense. #Elon Musk has long hinted at the idea of fusing blockchain with social media. Earlier this year, he discussed the concept of “blockchain free speech” with former Twitter CEO Jack Dorsey, suggesting it could revolutionize the way online interactions take place.
𝐀 𝐕𝐢𝐬𝐢𝐨𝐧𝐚𝐫𝐲 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩🤔
Binance first announced its intention to support Musk’s acquisition in May, describing it as a strategic step towards merging Web3 innovation with social networking. CZ emphasized that this partnership could redefine the digital landscape by blending blockchain with traditional social media. While other institutional investors, such as Morgan Stanley, Bank of America, and Barclays, contributed a combined $2.5 billion, Binance’s involvement stands out as a significant catalyst for change.
With 𝐌𝐮𝐬𝐤’𝐬 recent declaration, “The bird is freed,” and Binance actively exploring blockchain solutions, the evolution of Twitter is inevitable. Whether it becomes a blockchain-powered social media giant remains to be seen, but one thing is certain—this collaboration is set to reshape the future of online communication. Stay tuned for what promises to be a revolutionary shift in the digital ecosystem.
#ElonMuskUpdates #Changpeng.CZ.Zhao
Spectacular news!
Grok by x.ai is now besting “OpenAI” across the board in a typical metric.
Congratulations to the entire team, the best in the industry.
An amazing acceleration, literally months against years.
What’s ahead is stunning.
#grok #x.ai #DogecoinCommunity #elon $DOGE
Grok by x.ai is now besting “OpenAI” across the board in a typical metric.
Congratulations to the entire team, the best in the industry.
An amazing acceleration, literally months against years.
What’s ahead is stunning.
#grok #x.ai #DogecoinCommunity #elon $DOGE
Elon Musk’s 1998 Prediction Becomes Reality in 2024! 🌐
Back in 1998, a young and ambitious Elon Musk stunned the world with what seemed like a wild declaration:
“The internet will become the superset of all media.”
At a time when dial-up internet was a novelty and skeptics dominated the conversation, Musk’s vision sounded far-fetched. Fast forward to 2024, and his prediction has not only come true but surpassed expectations.
---
🔍 Musk’s Vision vs. Today’s Reality
🌟 Then:
A bold idea in the infancy of the internet.
Critics questioned how traditional media like print, broadcast, and radio could converge digitally.
Skepticism reigned as technology struggled to keep pace with Musk’s futuristic ideas.
🚀 Now:
Streaming Revolution: Platforms like Netflix, YouTube, and others dominate entertainment, sidelining traditional media.
Social Media Giants: Twitter (X), Instagram, and others have replaced newspapers and TV as the primary source of news, advertising, and interaction.
Immersive Content: From virtual reality to real-time gaming, media has transformed into dynamic, interactive experiences.
---
🌟 Why This Prediction Matters Today
1️⃣ Tech Visionary:
Musk wasn’t just predicting; he was charting a roadmap for the future of technology and media convergence.
2️⃣ Global Impact:
The rise of the internet has democratized access to information, creating opportunities for billions across the globe.
3️⃣ Investor Takeaway:
The continued convergence of media and technology opens up limitless opportunities in Web3, AI, and blockchain—the next frontiers of innovation.
---
💎 Binance: Your Gateway to Tomorrow
Elon’s vision is a reminder of how technology disrupts industries and builds new worlds. The next wave of disruption? Web3, blockchain, and crypto innovations.
With Binance, you’re not just an observer—you’re a part of the revolution. Explore cutting-edge trends, invest in the future of decentralized tech, and position yourself ahead of the curve.
---
📈 Why Binance is Your Tech Partner
Innovative Products: From NFTs to DeFi, Binance offers tools to embrace emerging tech trends.
Stay Informed: Access real-time market insights and educational resources to make informed decisions.
Community Focus: Be part of a global ecosystem shaping the future of finance and technology.
---
Are you ready to embrace the next tech revolution? Join Binance today and be part of the innovation shaping tomorrow.
#Binance #Elon#BlockchainFuture #Web3Innovation
$SOL
$BTC
“The internet will become the superset of all media.”
At a time when dial-up internet was a novelty and skeptics dominated the conversation, Musk’s vision sounded far-fetched. Fast forward to 2024, and his prediction has not only come true but surpassed expectations.
---
🔍 Musk’s Vision vs. Today’s Reality
🌟 Then:
A bold idea in the infancy of the internet.
Critics questioned how traditional media like print, broadcast, and radio could converge digitally.
Skepticism reigned as technology struggled to keep pace with Musk’s futuristic ideas.
🚀 Now:
Streaming Revolution: Platforms like Netflix, YouTube, and others dominate entertainment, sidelining traditional media.
Social Media Giants: Twitter (X), Instagram, and others have replaced newspapers and TV as the primary source of news, advertising, and interaction.
Immersive Content: From virtual reality to real-time gaming, media has transformed into dynamic, interactive experiences.
---
🌟 Why This Prediction Matters Today
1️⃣ Tech Visionary:
Musk wasn’t just predicting; he was charting a roadmap for the future of technology and media convergence.
2️⃣ Global Impact:
The rise of the internet has democratized access to information, creating opportunities for billions across the globe.
3️⃣ Investor Takeaway:
The continued convergence of media and technology opens up limitless opportunities in Web3, AI, and blockchain—the next frontiers of innovation.
---
💎 Binance: Your Gateway to Tomorrow
Elon’s vision is a reminder of how technology disrupts industries and builds new worlds. The next wave of disruption? Web3, blockchain, and crypto innovations.
With Binance, you’re not just an observer—you’re a part of the revolution. Explore cutting-edge trends, invest in the future of decentralized tech, and position yourself ahead of the curve.
---
📈 Why Binance is Your Tech Partner
Innovative Products: From NFTs to DeFi, Binance offers tools to embrace emerging tech trends.
Stay Informed: Access real-time market insights and educational resources to make informed decisions.
Community Focus: Be part of a global ecosystem shaping the future of finance and technology.
---
Are you ready to embrace the next tech revolution? Join Binance today and be part of the innovation shaping tomorrow.
#Binance #Elon#BlockchainFuture #Web3Innovation
$SOL
$BTC
Profit fears slow SV innovation via OpenAI; Musk-Meta concerned.[]
Meta and Musk oppose OpenAI's transition to for-profit: what's at stake for AI ethics.
Meta and #Elon Musk oppose OpenAI's transition, accusing it of misusing the resources of nonprofit organizations.
former rivals join forces to investigate OpenAI. Critics argue that OpenAI's move to a for-profit basis is contrary to public interest principles. The battle over OpenAI's controversial move to a for-profit model is heating up. Meta CEO Mark Zuckerberg has joined forces with Elon Musk to challenge the artificial intelligence company's transition, raising concerns about its impact on the state of innovation in Silicon Valley. The legal fight is also driven by deep ethical questions, especially after the tragic death of a whistleblower.
Meta, along with Elon Musk, is opposing OpenAI's transition into a for-profit organization. In an official letter to California Attorney General Rob Bonta, Meta warned that the reorganization of OpenAI could lead to the misuse of non-profit resources for private financial gain. According to Meta, the move violates OpenAI's original nonprofit goals.
Zuckerberg has become a key ally in this legal battle, despite his past conflicts with Musk. Both are concerned that OpenAI's move will push other startups to use the nonprofit model for profit.
Meta's letter calls for an investigation into OpenAI's conduct, particularly the abuse of tax-deductible donations.
OpenAI co-founder Elon Musk has long criticized the company's decision to become a for-profit enterprise. Musk believes it goes against OpenAI's mission, which is based on serving the public interest.
his concerns go beyond this issue, and he has filed a lawsuit against Microsoft and OpenAI for anti-competitive behavior.
Read us at: Compass Investments
#MarketInsights #CryptoAdoption #transscreen.ru #CompassInvestments
Meta and #Elon Musk oppose OpenAI's transition, accusing it of misusing the resources of nonprofit organizations.
former rivals join forces to investigate OpenAI. Critics argue that OpenAI's move to a for-profit basis is contrary to public interest principles. The battle over OpenAI's controversial move to a for-profit model is heating up. Meta CEO Mark Zuckerberg has joined forces with Elon Musk to challenge the artificial intelligence company's transition, raising concerns about its impact on the state of innovation in Silicon Valley. The legal fight is also driven by deep ethical questions, especially after the tragic death of a whistleblower.
Meta, along with Elon Musk, is opposing OpenAI's transition into a for-profit organization. In an official letter to California Attorney General Rob Bonta, Meta warned that the reorganization of OpenAI could lead to the misuse of non-profit resources for private financial gain. According to Meta, the move violates OpenAI's original nonprofit goals.
Zuckerberg has become a key ally in this legal battle, despite his past conflicts with Musk. Both are concerned that OpenAI's move will push other startups to use the nonprofit model for profit.
Meta's letter calls for an investigation into OpenAI's conduct, particularly the abuse of tax-deductible donations.
OpenAI co-founder Elon Musk has long criticized the company's decision to become a for-profit enterprise. Musk believes it goes against OpenAI's mission, which is based on serving the public interest.
his concerns go beyond this issue, and he has filed a lawsuit against Microsoft and OpenAI for anti-competitive behavior.
Read us at: Compass Investments
#MarketInsights #CryptoAdoption #transscreen.ru #CompassInvestments
$ENA
You have Trumph why do you believe rumors.
Will Elon save trumph word ?
#Elon x #DonaldTrumpCoin
You have Trumph why do you believe rumors.
Will Elon save trumph word ?
#Elon x #DonaldTrumpCoin