🏆🤖The U.S. Political Landscape will Determine the Largest Low-Carbon Hydrogen Plant

THE PROFITS💸

Good morning Opportunists. It’s Monday, September 30th and today we explore how the shifting U.S. political landscape could hold the key to unlocking the world’s largest low-carbon hydrogen plant, a groundbreaking collaboration between the UAE and ExxonMobil. An unexpected twist, Google has made headlines by spending a staggering $2.7 billion to bring back a single talent, highlighting the fierce competition for top-tier expertise in the tech industry. Meanwhile, Sam Altman is making waves with his audacious $7 trillion vision to revolutionize AI, pushing the boundaries of what’s possible. Dive in as we unpack these fascinating developments that are shaping our future!

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Future Energy

The U.S. Political Landscape will Determine the Largest Low-Carbon Hydrogen Plant

Earlier this month, the Abu Dhabi National Oil Company (ADNOC) struck a deal with ExxonMobil to potentially launch the world's largest low-carbon hydrogen plant, but the project’s fate now hangs in the balance until 2025 due to the unpredictable U.S. political landscape. The proposed facility in Baytown, Texas, aims to produce one billion cubic feet of low-carbon hydrogen daily, while also generating a million tons of low-carbon ammonia each year, contingent upon supportive government policies and regulatory permits.

Despite the uncertainties and challenges ahead, both ADNOC and ExxonMobil remain optimistic, emphasizing their commitment to advancing clean energy and reducing greenhouse gas emissions in pursuit of their net-zero goals.

Google

Google Paid $2.7 Billion to Rehire One Person

Google recently shelled out a jaw-dropping $2.7 billion to rehire AI whiz Noam Shazeer, a hefty price tag for the knowledge of just one computer scientist. Shazeer, who left Google in 2021 to start Character.AI—a platform for interactive chatbots—returned to the tech giant after it was suggested that his expertise was a significant motivator for the massive payout, despite the official reason being to license his startup’s technology.

As tech companies race to secure top talent in the AI field, investors are increasingly concerned about whether such extravagant spending on individual hires is a wise investment or a costly gamble with no guaranteed returns.

ChatGPT CEO Sam Altman

Sam Altman’s $7 Trillion Idea

Generative AI is opening up exciting new frontiers for tech giants like OpenAI, Microsoft, and Google, but it's also creating a massive demand for electricity and cooling resources, potentially outstripping supply by 2025. As reports show, companies like Microsoft and Google use more energy than over 100 countries combined, and generating just 100 words with GPT-4 can consume up to three bottles of water for cooling!

To tackle these challenges, OpenAI CEO Sam Altman is cooking up a bold, multi-trillion-dollar plan involving partnerships with the UAE and chip makers in Asia to establish chip factories and data centers worldwide, though some in the industry view his ambitions as a bit outlandish.

Science and Technology

First Government Approved Water Powered Car: A groundbreaking Israeli company, Electriq Global, has created the world's first water-powered car, using a unique technology to convert water into hydrogen fuel, which could revolutionize transportation by providing a clean, efficient alternative to gasoline with an impressive range of up to 1,000 kilometers per tank.

*There already has been a water powered car.

In March 1998, in Grove City, Ohio, Stanley Meyer took a sip of cranberry juice, claimed he had been poisoned, and collapsed, leaving behind a mystery that still lingers today, especially considering his controversial invention of a water-powered car that could revolutionize the automotive industry.

Despite his claims of harnessing hydrogen from water for clean fuel, his technology faced scrutiny and skepticism from both investors and authorities, culminating in a court ruling against him for fraud shortly before his mysterious death, further fueled by tales of threats from oil companies.

After his death, his inventions and claims have remained shrouded in intrigue, as his brother alleged that their family’s efforts to protect the Dune Buggy and its secrets led to strange occurrences, including theft and disappearance, leaving many to wonder if the truth behind Meyer’s innovation was ever truly uncovered.

*Really makes you think.

AI’s Possibilities: With advancements in technology, everyday Americans now have access to groundbreaking tools like artificial intelligence, which can help streamline tasks and boost earnings. Self-made millionaire Mason Jones reveals how he uses AI, particularly ChatGPT, to save time on content creation and optimize his affiliate marketing strategies, leading to a significant increase in his income while working fewer hours.

By leveraging AI's capabilities, he not only generates fresh ideas and automates social media posts but also identifies profitable keywords, all for a surprisingly low monthly investment.

AI Capabilities: Recent advancements in AI are shaking up the tech world as models like OpenAI's new o1 start to adopt a more experimental approach, breaking free from traditional human thinking. Just as AlphaGo redefined game strategy by learning through self-play, o1 is harnessing trial-and-error methods to enhance its problem-solving skills, paving the way for AI to surpass human capabilities in various fields. As these machines evolve and interact with the physical world, they could unlock new truths and technologies that humans have yet to discover, marking a fascinating shift in the quest for knowledge.

Business & Markets

Scottie Pippen and Bitcoin: Former NBA star Scottie Pippen is back in the spotlight after claiming that Bitcoin's elusive creator, Satoshi Nakamoto, appeared in his dream, revealing that a bull run would kick off on Monday while holding a basketball. In his tweet, Pippen mentioned Satoshi's cryptic message, saying, “CZ is free,” and suggested he should head to basketball practice afterward, prompting some fans to question whether he was truly behind the post or if it was just a clever marketing move.

*A bull run on Monday is undetermined but always ask questions and wonder what is truly going on. 

$1 Trillion to U.S. Banks: U.S. banks have made over $1 trillion from the Federal Reserve's "higher for longer" interest rate policy, but they haven't shared much of that wealth with savers. While banks benefited from high yields on deposits—receiving 5.5% from the Fed—customers only saw a meager average of 2.2% in interest, with major players like JPMorgan and Bank of America offering even less.

Music is Disappearing: Thousands of music videos and songs from major artists like Adele, Kendrick Lamar, and Nirvana have disappeared from YouTube after the platform failed to renew its licensing agreement with SESAC, a publishing rights organization. YouTube stated that they take copyright seriously, so all content represented by SESAC is no longer available in the U.S., while they continue to negotiate a new deal to restore the missing tracks.