Jeff Bezos' rep leaves Slate Auto’s board of directors

E90400K

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"Jeff Bezos reportedly wants $100 billion to buy and transform old manufacturing firms with AI

Jeff Bezos is reportedly seeking $100 billion for a new fund, the likes of which will be used to buy up companies in major industrial sectors and, ultimately, modernize and automate them with AI, according to sources cited by The Wall Street Journal.

Prometheus, which launched with $6.2 billion in funding, is focused on creating high-level AI models to improve manufacturing and engineering in aerospace, automotive, and other sectors. The new manufacturing fund will support that mission by buying up companies that will ultimately use Prometheus’ models."

Sky Net anyone... :CWL:
 

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But now how will Bezos haters slag Slate?

Buying outdated factories and modernizing them sounds like a great way to spend $100 billion.
 

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"Jeff Bezos reportedly wants $100 billion to buy and transform old manufacturing firms with AI

Jeff Bezos is reportedly seeking $100 billion for a new fund, the likes of which will be used to buy up companies in major industrial sectors and, ultimately, modernize and automate them with AI, according to sources cited by The Wall Street Journal.

Prometheus, which launched with $6.2 billion in funding, is focused on creating high-level AI models to improve manufacturing and engineering in aerospace, automotive, and other sectors. The new manufacturing fund will support that mission by buying up companies that will ultimately use Prometheus’ models."

Sky Net anyone... :CWL:
He was probably there during the startup financing phase and now leaving as they enter production...
Buying outdated factories and modernizing them sounds like a great idea... Particularly when you look at what we are competing with in China. Though, It's going to be interesting to see how many jobs are left and therefore are there people with incomes to buy the products the AI factories are producing. Which leaves all new kinds of ideas like minimum base incomes paid for The people with AI factories who don't need people and the effects that my might have on people productivity and well-being along with a whole bunch of stuff we haven't even thought of yet.
 

ScooterAsheville

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The "Moonshots" podcast with Peter Diamandis has this whole idea of AI disruption of existing industries as an almost weekly theme. I won't repeat their standard message here. My fellow "meat puppets" can watch almost any episode and they'll be going into it. If you don't get the reference, you will after watching.
 

JoeBlow-Kokomo

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But now how will Bezos haters slag Slate?

Buying outdated factories and modernizing them sounds like a great way to spend $100 billion.
Modernizing = get rid of the people..... maybe you've missed that reality..............
 

ScooterAsheville

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Not all, but most of America's tech billionaires are self-made men who started with nothing. They had the drive, initiative and persistence, and yes sometimes luck, to make it. Along the way they've (generally) improved the lives of billions.

I want more billionaires, not less.
 

JoeBlow-Kokomo

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Not all, but most of America's tech billionaires are self-made men who started with nothing. They had the drive, initiative and persistence, and yes sometimes luck, to make it. Along the way they've (generally) improved the lives of billions.

I want more billionaires, not less.
They control disproportionate amounts of wealth. Money sitting doesn't benefit society. The world needs less of them.
 

ElectricShitbox

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Not all, but most of America's tech billionaires are self-made men who started with nothing. They had the drive, initiative and persistence, and yes sometimes luck, to make it. Along the way they've (generally) improved the lives of billions.

I want more billionaires, not less.
Name one that started from nothing, lol.
 
 
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