Over the past 10 years the number of Bloomberg terminal subscriptions have soared nearly 50% as the number of 30-somethng hedge fund managers looking to strike it rich by charging 'yuge' fees to match the returns of the S&P also skyrocketed.
Elon Musk, Silicon Valley's automotive visionary, loves to wow the world with grandiose visions that serve primarily to reinforce his position at the top of the list of tech titans. That said, at some point we suspect his shareholders will actually expect him to perform against his 'visions' rather than simply talk about them.
Over the past several months President Trump has called out pretty much every major auto OEM for their efforts to move low-skilled assembly jobs to Mexico. But absent new tariffs, it's not terribly surprising to most people that American companies would seek to move low-skilled, labor-intensive jobs to lower cost labor markets...the math is pretty simple.
In case revolutionizing the transportation and energy industries while colonizing Mars wasn't enough of a challenge for Elon Musk (or perhaps taxpayer subsidies for Musk's ventures in those fields have dried up) in his latest venture the billionaire entrepreneur now "wants to merge computers with human brains to help people keep up with machines." Specifically, the WSJ has uncovered that Musk has launched another company called Neuralink, which is pursuing what Musk calls “neural lace” technology, which is shorthand for a brain-computer interface and consists of implanting tiny brain electr
Mis-stakes were made...
Source: MichaelPRamirez.com