It will all end in flames

May 22 from https://www.washingtonpost.com/business/technology/

AI leaders see mass job loss coming. They want government’s help solving it.

Elon Musk has a plan for a future where jobs are wiped out by artificial intelligence: a benevolent government will provide. “Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI,” Musk said in an X post. Musk has pushed government-issued checks not as a temporary stopgap, but a long-term plan for a world of “amazing...

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May 20 from https://www.washingtonpost.com/business/technology/

Musk’s SpaceX discloses massive losses ahead of expected record-breaking IPO

SpaceX, the rocket company led by Elon Musk set to debut on the stock market in coming weeks, has recorded $13 billion worth of losses since the beginning of 2023, according to a financial filing made public Wednesday by the Securities and Exchange Commission. The company, whose initial public offering is expected to attract record investment, had nearly $18.7 billion in revenue in 2025 but...

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May 18 from https://edition.cnn.com/business/tech

Musk loses case against OpenAI

Elon Musk waited too long to sue OpenAI and its leaders, a jury in Oakland, California, decided on Monday. A lawsuit he filed was barred by the statute of limitations, the jury found after about 90 minutes of deliberation. Their verdict was advisory, but Judge Yvonne Gonzalez Rogers said she agrees with the jury. “The court now confirms the prior indication that it would accept the jury’s...

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May 18 from https://www.washingtonpost.com/business/technology/

All of Musk’s claims in lawsuit against OpenAI dismissed in federal trial

A federal judge dismissed all of Tesla CEO Elon Musk’s claims against OpenAI on Monday after a jury found that he exceeded the statute of limitations in a lawsuit against the artificial intelligence company. The decision is an outright win for OpenAI in a trial that pitted Musk against the maker of ChatGPT and two of the men with whom he co-founded the company in 2015: OpenAI’s chief...

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May 01 from https://www.technologyreview.com/

Musk v. Altman week 1: Elon Musk says he was duped, warns AI could kill us all, and admits that xAI distills OpenAI’s models

“I was a fool who provided them free funding to create a startup,” Musk told the jury. He said when he cofounded OpenAI in 2015 with Altman and Brockman, he was donating to a nonprofit developing AI for the benefit of humanity, not to make the executives rich. “I gave them $38 million of essentially free funding, which they then used to create what would become an $800 billion company,” he...

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