@VaibhavSisinty US Productivity has increased 20%/decade which should have vastly improved living standards. Unfortunately, the FED doubles the money supply every decade, eliminating ALL gains and actually degrading living standards. IF AI increases productivity, The FED will destroy it.
There are 193 countries in the world. 177 of them receive US taxpayer money from Congress.
177 of 193
Elon is not the problem.
Congress is wasting our money.
We have $39 trillion in debt and a $2 trillion annual budget deficit.
Our foreign aid budget should be $0.00
Honoring Army Sgt. Russell M. Durgin who died today but in 2006 serving during Operation Enduring Freedom when his unit took small-arms fire in Afghanistan.
Russell hailed from a long line of United States servicemen. His father was a Marine lance corporal during the Vietnam conflict. His grandfather served in Germany and Japan during WWII.
Lt Col Chris Cavoli, 1-32 Commander said of Russ "Sgt Durgin lived the Warrior Ethos, he never quit and he always put the mission first, in what is probably the most difficult part of our area, he routinely performed acts of bravery while hunting down the enemy. He fought like a tiger and died like a man."
The first trillionaire in human history
- Elon Musk
- Born in South Africa
- Bullied relentlessly as a kid
- Immigrated to North America
- Arrived with a backpack and a dream
- Built Zip2 with his brother
- Sold it 4 years later for $300 million
- Co-founded PayPal with the profits
- Revolutionised digital payments
- Sold PayPal to eBay for $1.5 billion
- Bet everything on Tesla and SpaceX
- Got mocked for electric cars
- Got laughed at for reusable rockets
- Nearly went bankrupt in 2008
- Kept building anyway
- Turned Tesla into the world’s most valuable automaker
- Made EVs mainstream and transformed the automotive industry
- Made reusable rockets a reality
- Reduced the cost of reaching space by 95%
- Sparked the modern commercial space race
- Built Starlink and connected millions around the world to high-speed internet
- Turned SpaceX into the most valuable private company in history
- Bought Twitter for $44 billion
- The world said he overpaid
- He was called reckless, stupid & crazy
- Advertisers fled, media declared it dead
- Critics called it the worst acquisition in tech history
- Renamed it 𝕏
- Rebuilt the platform anyway
- Turned it into one of the most influential platforms on Earth
- Launched xAI and accelerated the global AI race
- Sent astronauts to space
- Is trying to get humans to mars
- Created millions of jobs
- Generated hundreds of billions in value
- Inspired an entire generation of builders
Before:
- Failed repeatedly
- Worked insane hours
- Slept in factories and offices
- Got bullied, laughed at and mocked
- Constantly told “it’s impossible”
- Kept building anyway
- Made it possible
Today:
- Richest person on Earth
- First trillionaire in human history
- Largest IPO in history $1.77 trillion
Most people quit when the world laughs at them.
Elon Musk built the future instead.
Love him or hate him…
Nobody has changed more industries in a single lifetime.
Payments. Cars. Energy. Space. Social Media. Communications. AI.
History won’t remember the people who said it couldn’t be done.
It will remember the people who did it anyway.
Congratulations Elon.
The first trillionaire. 🚀
@DeFiTracer The first thing that should be replaced with AI is the Fed. If it is truly "data driven", give the data to AI and it will expose two truths: 1. The market should control interest rates. 2. The money supply should grow proportional to GDP ONLY when real GDP growth exceeds 5%
@StealthQE4 With respect. The Fed prints money in excess of GDP growth which causes inflation. Raising interest rates punishes consumers for the Fed's mistake. The real solution to inflation is ending balance sheet expansion.
@phi_ci Really impressive! I did this type of work way back when. Coordinating the structured environment around the robot is a blast. Orchestrating all the timing can be a huge challenge.