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Elon Musk, Chamath Palihapitiya, Jason Calacanis, David Sacks & David Friedberg warn about the 2023 recession and elaborate on the economy going forward. They also explain what to avoid during a crisis in order to stay afloat, survive these turbulent times, and come out ahead on the other side.
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BREAKING: Recession News
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“What’s Coming Is WORSE Than a Recession” — Elon Musk’s Last WARNING
Elon Musk, the renowned entrepreneur and CEO of Tesla and SpaceX, is not one to shy away from bold statements or futuristic predictions. In a recent interview, Musk issued a warning about an impending crisis that he believes is far worse than a recession. His alarmist claim has sparked interest and debate among economists, business leaders, and the general public.
Musk did not explicitly label the impending crisis, but he hinted that it could be related to artificial intelligence (AI) and its potential impact on society. He expressed his concern that people are not fully aware of the risks and consequences associated with advancements in AI technology. In his words, “It’s basically trying to get people to think ahead instead of behind.”
While Musk’s warning may seem unsettling, it is essential to consider the source. As a self-proclaimed futurist and someone actively involved in cutting-edge technological ventures, Musk’s insights and understanding of emerging trends cannot be easily dismissed. He has been vocal about his fears regarding the potential dangers of AI and the need for proactive measures to manage its impact.
Artificial intelligence has made significant strides in recent years, with increasingly complex algorithms and machine learning capabilities driving unprecedented advancements. Already, we witness AI-enabled systems outperforming human capabilities in a variety of domains, from medical diagnosis to autonomous driving. However, with this progress comes the need for greater ethical and safety considerations.
Musk’s concern is rooted in the possibility of AI systems achieving superintelligence—the point at which machines surpass human intelligence in all areas. This, he argues, could lead to significant disruptions and even unintended consequences. He has previously cautioned that unchecked AI development could spiral out of control, posing a threat to human existence.
While Musk’s views may sound like doomsaying, they echo concerns shared by other prominent figures in the technology industry, such as Bill Gates and Stephen Hawking. They argue that we must exercise caution and establish safeguards to prevent AI from becoming uncontrollable or weaponized.
Critics of Musk’s warning point to potential benefits that could arise from AI, such as increased productivity, improved healthcare outcomes, and enhanced efficiency in various sectors. They argue that it is essential to embrace advancements in technology and harness their potential advantages. However, Musk’s warning does not discount the benefits of AI but rather emphasizes the need for responsible development.
To address his concerns, Musk has taken proactive measures in the form of his non-profit organization, OpenAI. Its mission is to ensure that artificial general intelligence benefits all of humanity. OpenAI aims to lead in the safe and responsible development of AI and foster collaborations to address potential risks.
Whether or not Musk’s warning of an impending crisis worse than a recession comes to fruition remains to be seen. However, it serves as a reminder that advancements in technology should be approached with caution and human well-being should remain at the forefront of our decision-making process. It is in our interest to foster responsible development, robust regulations, and open dialogue to mitigate potential risks and fully harness the potential of AI for the betterment of society.
All the clowns that voted to up the national debt are sinking our ship. The interest of our national debt is preparing to overtake our military spending…….choke on that concept!!!!
He does not serve the same god that i serve. I don't listen to these type of people. JESUS IS STILL LORD OF LORD AN SOON COMING KING OF GLORY.
More psycho-schizo-criminal-fubar politics swamp stuff.
FIX: Trump and DeSantis vp in 2024; 2028 DeSantis for the win. 12 years of Rep leadership.
I'm not a big fan of Elon Musk, but I must admit he has a very good understanding of the economy, inflation, fiat currency, etc… He would probably do a better job than Jerome Powell.
Fake AI news we are going to the moon
FROM THE GUY WHO BOUGHT TWITTER AND DESTROYED IT.
THE LAST PERSON TO LISTEN TO.
MUSK SHOULD LISTEN TO THIS RECORDING! SAYS ONE THING THEN DOES OPPOSITE
MUSK SAID BE CONSERVATIVE THEN HE BUYS A WORTHLESS COMPANY FOR BILLIONS
IN DEBT??? MORON!!!!!!!!!
Beware of property that has been illegally obtained and is on the market.
Retirement choice determines a lot in one's life. Investing before retirement comes, is another. My parents spent years working full time jobs, but my mom was investing through a financial manager while my dad did his by himself. My mom retired with over $6.5 million, whereas my dad retired with less than $500k. It is your choice on how you invest. As for me, I invest with my financial manager Robin Brezik , and I have never regretted it, as my portfolio keeps increasing.
BTC has been fluctuating lately and this has been my fear because i have less or no knowledge about crypto investment.
Gold
Asking a rich man how to invest your money is like asking a casino owner how to win at gambling
so should i buy tesla or not?
Good Info
And his tesla sales?
Stack your sats
What does keep powder dry mean?. When they mention cash ??
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point
Just purchased $50,000 in silver. I think its going to boom. Money to be made in precious metals.
Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $13,000 every single week…
I used to think every investor lose out during recession, meanwhile some make millions. I'm nonetheless considering whether to put $400k in my stock portfolio. What is the greatest approach to profit from the market?
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
The whole system is built on lies and speculation.
Elon build a tesla for 10k a budget range,yes your share price will rocket,i want to see the tesla moped,tesla motorbike,tesla cycling bike,come on elon
Democrats are screwing America giving money too other countries n shit and free money to everyone that don’t want to work like wtf
Dreamers and a virtue signaller. There is no bounce.
The market is out of control, and banks are failing one by one. Could there be any potential in the stock market for a boomer like me? I am working on an approximate estimate of $3M for retirement.
The year is almost over and very glad about the decisions I have made so far. Investing in the market earlier this year regardless of the market conditions has saved my life. I made over 70k USD with a start of 25k in the last 7 months. I know it's nothing compared to what others make but I'm glad I'm changing my finances.
The crypto market is on the rise, with big names like Bitcoin and Ethereum growing a lot. But the market's ups and downs are making some investors, even the tough ones, feel stressed. In times like these, advice from experts like Eva Yazhari can really help. Using her plan, I've been able to grow my portfolios quickly, with gains of over 15Btc. As always, doing your homework and making smart choices are important in this risky market, and Eva Yazhari is the guide you need for success…..
Elon stutter alot, this guy doesn’t stutter
There are restrictions that could limit one from achieving this so I use a user friendly platform enabling I trade on a cash account and above the PDT rule for high profitable trades, I make around 3k weekly using service of an expert, MRS Alessia Riley
ElonMuskCryptoInvestment on internet has consistently delivered astounding investment profits. Their expert team of traders and analysts utilizes innovative strategies and in-depth market analysis to generate substantial returns. My investment portfolio has flourished, surpassing my expectations and providing a solid source of income.. 1:20
Prepare for a reasonable worst case scenario and anything less is manageable.
That's right stop letting everybody else in the world provide us with goods otherwise they have us by the Balls we need to start manufacturing things again in this country and open up basic services… And upholding the laws of your land otherwise your basic services continue to get ripped off… And close your Borders so your country is not infested with cheap labor which holds back your basic services and steals jobs From hard-working text paying Americans. You don't need a rocket scientist to tell you these things….
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategies… I would greatly appreciate any suggestions.
Unfortunately, there will not be a boom for you, only for the countries which are opposed to the West.
Economic Enema, 10/10 LAWL