The AI sector is increasingly characterised by interwoven financial and operational relationships, where companies act simultaneously as suppliers, customers, and investors. This has led to what analysts call a “circular economy” in AI infrastructure: At the centre of this digital ouroboros is OpenAI, the once non-profit darling turned corporate juggernaut, now entangled in a web […]
Tag: Elon Musk
Technology’s Role in Deepening Socioeconomic Disparities
Social disparity is much more prevalent nowadays than it was say 50 years ago: CEOs in the USA in 1970 made 30 times what the typical worker earned, some 50 years later it’s up to 350 times. Most of the wealth which was created in recent decades has flown upwards to the very top. In […]
The Cost of Combining Politics and Business
Politics and business, for a number of reasons, do not make good bedfellows! Take Elon Musk for example: While he and his minions are running havoc cutting (or more likely ‘slashing’) costs within the US government, sales of his Tesla cars have hit the rocks. In Switzerland in January 26.6% fewer Teslas were registered than […]
Can money buy happiness?
In my previous post I looked at the distribution of wealth, which then obviously leads to the question of whether money can buy happiness. And according to recent research more seems indeed to be better. This is according to new research by Matthew Killingsworth, a senior fellow at the Wharton School of the University of […]
$370’000 per hour
That lawyers among other professionals can charge exorbitant hourly rates for their work is nothing new. But what the three law firms representing Richard Tornetta, the Tesla-investor who while holding 9 shares only in 2018 successfully sued the company over Elon Musk’s $56 billion compensation package now claim is nothing short of outrageous! In total […]
Businessman, statesman or simply madman?
Elon Musk is a billionaire, that’s for sure, but besides being a no doubt shrewd business man, he also seems to be turning into a politician, expressing his opinions about global issues publicly and some of them being rather controversial. The his comments at a summit in Los Angeles in mid-September, that Taiwan was an […]
How not to manage staff – Lessons from Elon Musk
Elon Musk has told Twitter staff that they must commit to working “long hours at high intensity” or else leave the company, according to reports. And that is after Mr. Musk already sacked half of Twitter’s employees – only to hire some of them a couple of days later after finding out that some of […]
How to hook your customers early
Tesla has many grownup fans around the world, and their cars are admittedly among the most popular EVs sold. And as any marketing guru would tell you, better get your customers hooked early: and that is exactly what Tesla is doing. The famous manufacturer of cars and batteries has launched – wait for it – […]
Tesla – The business perspective
A lot is being written these days about the pros and cons of electric cars and I am not at all against EVs in general and Teslas in particular, quite the opposite, not least since EVs are forecasted to outsell all other engine types by 2033, five years earlier than expected. But I question Elon […]
Open letter to Elon Musk
Dear Mr Musk, I thought I take this opportunity to thank you for keeping me puzzled as well as amused with you tweets and other statements, not least your announcement to your ‘friends’ at the SEC that you now are the Technoking of Tesla while your CFO is now known as Master of Coins. I […]
The grumpy older man 