El Salvador’s President Nayib Bukele sat down with the Tesla CEO and co-founder of SpaceX, Elon Musk to focus on the way forward for AI and know-how. The encounter occurred at Tesla’s Gigafactory, the place the 2 mentioned the methods know-how is shaping the longer term.
Each praised one another on social media, highlighting their shared curiosity in the way forward for humanity and innovation. Bukele, who is about to take part within the UN Basic Meeting subsequent week, expressed his admiration for Musk.
He referred to as the Tesla and SpaceX CEO “one of many nice minds of our time.” Musk, in return, praised Bukele, calling him “an incredible chief” and describing their dialog as wonderful.
Dialogue Focuses on AI and Robotics
AI and robotics have been a few of the matters that Bukele and Musk mentioned at size throughout the assembly. Particularly, they have been involved with how these applied sciences have been to impression industries and societies across the globe.
Each acknowledged the necessity for readjustment due to change in an period of synthetic intelligence and robotics techniques. Musk, who is understood for his curiosity in advancing AI by way of his numerous firms, discovered widespread floor with Bukele.
The president of Salvador has not too long ago advocated for technological improvement in his nation with the imaginative and prescient of inserting El Salvador on the frontline of technological improvement. The dialogue confirmed that they thought of themselves to be on the identical web page on what this future could be like with plenty of know-how concerned.
The assembly between Bukele and Musk attracted vital consideration due to the prominence of each figures. Bukele’s progressive management in El Salvador and Musk’s influential function within the world tech panorama made their assembly noteworthy. Social media buzzed with reactions from numerous sectors, highlighting the significance of their discussions.
This assembly comes at a time when Bukele is pushing for financial transformation in El Salvador. His administration has adopted Bitcoin as authorized tender, aiming to improve the nation’s technological infrastructure. Musk’s admiration for Bukele might signify future collaborations or help for such initiatives.
Musk Faces Continued Authorized Points
Whereas the assembly between Bukele and Musk made headlines, Musk is concurrently coping with legal challenges. The U.S. Securities and Trade Fee (SEC) is investigating Musk’s 2022 acquisition of Twitter now generally known as X. Musk has missed court-ordered depositions associated to the probe, prompting the SEC to search sanctions.
Musk’s legal professional acknowledged that his failure was occasioned by an emergency, nonetheless, the SEC asserts that Musk had carried out the process knowingly. This authorized battle persists because the SEC investigates whether or not Musk violated securities legal guidelines within the acquisition of Twitter.
Tesla’s CEO, Elon Musk, and the SEC have had a rocky historical past for fairly a while now. He was slammed with one other lawsuit regarding his tweets that stated he had secured funding to take Tesla non-public for $420 per share and this led him to pay a $20 million positive in 2018. The present investigation subsequently does concern whether or not Musk timed disclosure of his Twitter inventory purchases appropriately to inform shareholders.
El Salvador’s President Bukele Meets Elon Musk to Discuss AI Tech www.thecoinrepublic.com 2024-09-22 18:31:54
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