🏆🤖Mark Zuckerburg’s Vision of Future Tech

THE PROFITS💸

Good morning Opportunists. Today, Mark Zuckerberg shares his ambitious vision for the future of tech, Elon Musk reveals the surprising regulatory hurdles he faces to launch rockets, and could AI be the key to unlocking new solutions for an increased U.S. GDP? First time reader? Join over 5,000 Opportunists searching for what the Elitists, Politicians, and Billionaires money is doing so you know what happens next. Don’t be left in the dark, Sign up here.

Read Time: 6 mins

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Mark Zuckerburg

Mark Zuckerburg’s Vision of Future Tech

Meta CEO Mark Zuckerberg recently shared his bold vision for the future of technology during a live recording of the "Acquired" podcast in San Francisco, spotlighting the power of open-source models.

He argues that the clash between open and closed systems is more than a business choice—it's a battle of ideas that will shape tech development.

While companies like Apple prefer a closed approach for security, Zuckerberg believes that open ecosystems, like those from the PC era, spark faster innovation and collaboration.

With Meta's successful launch of Llama 2 and the recent release of Llama 3.1, he is committed to championing open-source technologies that make the tech world more accessible and inclusive for everyone.

SpaceX

Elon Musk Needs Multiple Fishing Licenses to Launch a Rocket

SpaceX CEO Elon Musk recently highlighted the complex regulatory challenges involved in launching rockets, including the need for permits from the U.S. Fish and Wildlife Service to ensure wildlife isn't harmed.

In a social media post, he explained that obtaining these licenses is one of the hurdles delaying the fifth test flight of the Starship, which is otherwise ready for launch.

Musk expressed frustration over how government bureaucracy is slowing down progress, especially with the potential for stricter regulations if a Democratic administration takes charge.

Looking ahead, he plans to launch five uncrewed Starships to Mars within the next two years, paving the way for crewed missions by 2028 or 2030—if all goes smoothly.

Average GDP

It Doesn’t Look Pretty But AI Just May Be the Answer (Elon Musk?)

India is currently leading among major economies, according to an analysis of 81 indicators like labor productivity and education, thanks to strong investments, steady workforce growth, and low debt levels. With infrastructure spending exceeding $100 billion annually over the past three years, India is projected to become the world’s third-largest economy by 2027, surpassing Japan and Germany. The UAE also shines in the rankings, taking the lead in productivity and growth per worker, while China ranks fourth with an expected annual GDP growth of 4% over the next decade. Meanwhile, the U.S. lags with a modest projected GDP growth of 1.4%, hampered by high debt levels, although its significant advances in AI and technology could bolster future productivity.

Entertainment

Riddles for the Deeply Inquisitive Minded

Challenge yourself with these daily riddles designed to boost your open-mindedness. By engaging with these thought-provoking puzzles, you’ll gain a glimpse into the curiosity and wonder that billionaires actively pursue every day.

The answers you can find on the internet just by searching the question, but most billionaires are innovators and don’t have the internet to find the answer to their problem. See if you can do it without help. Also you will have to pay for it on our page if you want the answers now. $49.97 a month. Not kidding. Sometimes the answer comes at a price. Otherwise you can pay it for $2.99 a week.

The Missing Dollar: Three guests check into a hotel room priced at $30, each paying $10. The total $30 was handed to the hotel clerk. Later, the clerk discovers that the room actually costs $25, so he gives $5 to the bellboy to return to the guests. However, the bellboy keeps $2 for himself and gives $1 back to each guest, meaning each has now effectively paid $9 (totaling $27) while the bellboy has $2, which sums to $29. What happened to the missing dollar? Or where is the mistake?

The Two Doors: You find yourself in a room with two doors: one leading to certain death and the other to freedom. In front of each door stands a guard—one always tells the truth, while the other always lies. You have no way of knowing which guard is which or which door offers freedom. You can only pose one question to one of the guards. What question do you ask to determine which door leads to freedom?

The Relative Riddle: Poor people have it. Rich people need it. If you eat it, you die. What is it?

Science and Technology

Sam Altman’s AI Hype: Sam Altman, CEO of OpenAI, recently shared his optimistic vision for the future of AI, emphasizing its potential to solve major global challenges. While he presents a compelling narrative about AI's ability to enhance our lives, many are left wondering if his promises are grounded in reality or simply hype, especially given the significant environmental and social impacts of AI development. As Altman touts the transformative power of AI, critics caution that the technology’s true benefits and risks remain largely unproven, urging a more cautious approach. As the industry grapples with how to effectively integrate AI into daily life, the debate between enthusiastic believers and skeptical pragmatists continues to unfold.

Optimus Robots: At the 2024 World Artificial Intelligence Conference in Shanghai, Tesla unveiled its second-generation humanoid robot, Optimus, marking a significant milestone as the only non-Chinese robot showcased among 19 models. With advanced capabilities powered by Tesla's neural network and computer vision, Optimus can perform tasks like ironing and moving objects, positioning itself as a game-changer for both home automation and industrial applications, all while Elon Musk envisions it surpassing Tesla's automotive division in market value.

Set to launch by 2025 at an affordable price between $25,000 and $30,000, Optimus faces stiff competition from innovative Chinese robotics, such as Leju Robot’s Kuavo and Xpend Motors’ PX5, which are rapidly advancing in household automation. As Tesla races to refine Optimus, the battle for supremacy in humanoid robotics heats up, promising an exciting future for AI and automation.

Coffee Is Healthier than you thought: Sitting for long periods has been linked to serious health risks, similar to smoking, but a recent study suggests that drinking more coffee may help offset these dangers. Regular coffee drinkers who sit a lot were found to have a lower risk of dying from various causes, highlighting coffee's potential health benefits—though it's still important to balance your coffee intake with regular movement and exercise.

Business & Markets

Kobe’s Investment: NBA legend Kobe Bryant showcased his signature hustle off the court by investing $6 million in the sports drink startup BodyArmor in 2013, grabbing a 10% stake in the company. Fast forward to 2021, and after Coca-Cola acquired BodyArmor for a staggering $5.6 billion, Bryant's estate raked in $400 million—a remarkable return of nearly 67 times on his initial investment, all thanks to his vision and involvement in the brand's growth. While not everyone has Bryant's star power or capital, aspiring investors can still learn from his strategy by identifying undervalued companies with significant growth potential, especially in the bustling beverage industry.

The Brief of the Markets this Week: This week, Federal Reserve officials will share insights into their recent interest rate cut, with a keen eye on Friday's August Personal Consumption Expenditures (PCE) Price Index to see if inflation is still cooling. Additionally, earnings reports from companies like Micron Technology, Costco, and Accenture will shed light on the economy, while investors will also look at housing market data and consumer sentiment surveys to gauge overall market health.

Future for Tech Jobs: The tech job market has taken a dramatic turn, with over 137,500 employees laid off this year alone as companies like Alphabet, Amazon, and Meta scale back their workforces and hiring standards tighten. While many sectors face instability and stagnant wages, the AI field remains a bright spot, offering high-paying opportunities for skilled workers amidst the chaos.