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Passion could be the best defense against AI taking your job, Bill Gurley says.”The people that are most at risk are the ones that are sitting idly in the job and don’t really have a why or a purpose for it,” the legendary venture capitalist said during the latest episode…
Nvidia has put itself in a “risky position” to meet expected demand for its microchips, and could suffer a “catastrophic” blow to its finances if the AI boom wanes, Michael Burry says.The investor of “The Big Short” fame wrote in a Substack post titled “Nvidia Ratchets Up the Risk” on…
If artificial intelligence eliminates millions of jobs, it might make sense to scrap income taxes for the vast majority of Americans and target capital instead, Vinod Khosla says.”AI will transform economies and need a rethink of capitalism & equity,” the billionaire venture capitalist wrote in an X post on Monday.…
“You have a very nice haircut. Did you cut it yourself?”Michael Burry, played by Christian Bale, earnestly poses that question to a bewildered analyst in the movie “The Big Short,” which chronicles the investor’s massive bet against the mid-2000s housing bubble.The memorable scene is based on a misguided comment the…
Gratitude, humility, and conviction are key ingredients for a happy and successful life, Thomas Kaplan says.The billionaire investor, who owns the world’s largest private collection of artworks by Rembrandt van Rijn, spoke to Business Insider ahead of the auction of “Young Lion Resting” at Sotheby’s New York on Wednesday.The Rembrandt…
This as-told-to essay is based on a conversation with William Tunstall-Pedoe, 56, an angel investor and founder based in the UK. This piece has been edited for length and clarity.In 2012, I sold my first startup, Evi, to Amazon. It later became Alexa.That gave me the capital to invest in…
Michael Ovitz, the cofounder of powerhouse Los Angeles talent agency Creative Artists Agency and a prolific tech investor, effusively praised Jeffrey Epstein and made arrangements to meet him at his New York home and off the coast of St. Barts, newly released files reveal.The disgraced financier invited Ovitz to his…
