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OpenAI's Sam Altman: Artificial Intelligence will generate enough wealth to pay each adult $13,500 a year

OpenAI's Sam Altman: Artificial Intelligence will generate enough wealth to pay each adult $13,500 a year

Artificial intelligence will create so much wealth that every adult in the United States could be paid $13,500 per year from its windfall as soon as 10 years from now.So says of , artificial intelligence-focused nonprofit ."My work at OpenAI reminds me every day about the magnitude of the socioeconomic change that is coming sooner than most people believe," Altman, who . "Software that can think and learn will do more and more of the work that people now do." Altman calls it an "AI revolution," and compares it in magnitude to the agricultural, industrial and computational technological...

Mar 17
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Bill Gates: Nuclear power will 'absolutely' be politically acceptable again — it's safer than oil, coal, natural gas

Bill Gates: Nuclear power will 'absolutely' be politically acceptable again — it's safer than oil, coal, natural gas

Nuclear energy will "absolutely" be politically palatable, billionaire philanthropist, technologist and climate change evangelist recently told Andrew Ross Sorkin on CNBC's "."Nuclear power has to overcome a baneful reputation garnered by association with the atomic bomb and radioactive disasters, but it's a necessary, worthy and surmountable challenge to correct the naysayers, according to Gates.That's because the need for clean energy is dire, and the operation of plants produces no greenhouse gas emissions. According to Gates, new innovations in nuclear technology (in which he is an...

Feb 25
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Bill Gates: These 5 concepts will help you understand the urgency of the climate crisis

Bill Gates: These 5 concepts will help you understand the urgency of the climate crisis

Scientists, politicians, youth activists and business leaders are talking about the dire consequences of climate change. But for the average person sitting on their couch, it can be hard to understand what is so urgent and why it matters to their life.In his new book, "," billionaire shares five basic concepts that have helped to frame his understanding of the pending climate crisis. Gates says they can also help others grasp what's happening to the Earth."When I started learning about climate change, I kept encountering facts that were hard to get my head around," Gates writes in the book,...

Feb 14
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This 34-year-old's start-up backed by Bill Gates and Jeff Bezos aims to make nearly unlimited clean energy

This 34-year-old's start-up backed by Bill Gates and Jeff Bezos aims to make nearly unlimited clean energy

After graduated from Loyola Marymount University in Los Angeles in 2010, he decided to take the "couple of thousand dollars" he had saved and his credit card (he had 0% interest for a year) and fly to Boston. Sorbom wanted to get his Ph.D. in nuclear fusion but had been rejected from all five programs he applied to, including the Massachusetts Institute of Technology. MIT had told Sorbom, who studied electrical engineering and engineering physics in undergrad, that he didn't have enough hands-on lab experience. So Sorbom headed there to try to get a job at the school's fusion energy...

Feb 12
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Elon Musk: 'My top recommendation' for reducing greenhouse gas emissions is a carbon tax

Elon Musk: 'My top recommendation' for reducing greenhouse gas emissions is a carbon tax

Business News and FinanceVIEW IN APPA Facebook iconA Twitter iconA LinkedIn iconAn email icon says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon."My top recommendation, honestly, would be just add a carbon tax," Musk told podcast on Thursday. "The economy works great. Prices and money are just information. ... If the price is wrong, the economy doesn't do the right thing."Currently, there is no direct monetary consequence for businesses and industries whose production releases greenhouse gasses into the atmosphere; in other words, it is free to create...

Feb 12
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The '1%' are the main drivers of climate change, but it hits the poor the hardest: Oxfam report

The '1%' are the main drivers of climate change, but it hits the poor the hardest: Oxfam report

The richest of the rich are polluting the world and driving climate change, while the poorest of the poor suffer the greatest consequences, according to a by . The richest 1% of the global population have used two times as much carbon as the poorest 50% over the last 25 years, the nonprofit's report says.When fossil fuels (which are carbon-based) are burned in factories or jets, for example, carbon dioxide is produced. Carbon dioxide emissions trap heat in the earth's atmosphere, resulting in the warming of the planet. The burning of fossil fuels and processes that generate carbon dioxide...

Jan 26
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Steve Wozniak is starting another company, 45 years after co-founding Apple with Steve Jobs

Steve Wozniak is starting another company, 45 years after co-founding Apple with Steve Jobs

Steve Wozniak is starting a second company, 45 years after in in .This time, Wozniak is starting a business in the green tech and blockchain space called , according to a statement released Friday.Efforce, which , is a marketplace for corporate or industrial buildering owners to have "green" projects funded.According to Efforce, "investors can participate in energy efficiency projects buy acquiring tokenized future savings," while companies benefit from such improvements "at no cost." Using blockchain, "a smart contract redistributes the resulting savings to token holders and the companies...

Dec 4
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2020 is a 'preview' of how bad things can get if we don't fix climate change, other systemic problems: Lancet report

2020 is a 'preview' of how bad things can get if we don't fix climate change, other systemic problems: Lancet report

The world is getting warmer, but the global response has "remained muted" despite efforts like the — and millions of lives are at risk as a result.This according to a report published Wednesday by , a leading peer-reviewed medical journal."This past year, we have seen the harms of our converging crises — COVID-19, climate disasters, and systemic racism; it's been a preview of what lies ahead if we fail to urgently make the necessary investments to protect health," , lead author of the U.S. Lancet Countdown Policy Brief, said in a statement published alongside the report.Salas likened the...

December 2, 2020
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Google billionaire Eric Schmidt on AOC's claim billionaires are a policy failure: She doesn't see the situation clearly

Google billionaire Eric Schmidt on AOC's claim billionaires are a policy failure: She doesn't see the situation clearly

Recently, there has been much debate about , an idea popularized by Congresswoman Alexandria Ocasio-Cortez. But to former Alphabet executive chairman and investor Eric Schmidt, who is worth more than , the idea that extreme wealth is a moral failure is reductive."We would probably all be better off spending more time understanding the contributions made by specific individuals and not making generalizations about anyone," Schmidt told Eben Shapiro, the deputy editor of Time, in an interview about his philanthropic initiative, Schmidt Futures, and other topics, published Sunday.Shapiro had...

December 2, 2020
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Why Elon Musk called an all-hands meeting at 1 in the morning on a Sunday (and what it says about him)

Why Elon Musk called an all-hands meeting at 1 in the morning on a Sunday (and what it says about him)

There’s hard core, and then there’s Elon Musk. Musk called an all-hands meeting at his SpaceX spacecraft factory in Boca Chica Beach, Texas — at 1 a.m. on Sunday, Feb. 23, according to a story published Thursday by Ars Technica. The billionaire SpaceX and Tesla boss is known for setting outlandish goals (and sometimes missing them). And in the wee hours of the Sunday, he wanted to know from his team why his factory wasn’t running 24-7 to build the Starship rocket system (which will eventually take crew and cargo to Mars). Musk’s engineering team explained they needed more people to take...

March 7, 2020
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