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World’s richest person, Elon Musk, issues challenge to the United Nations

<p dir="ltr">Tesla CEO Elon Musk, whose net worth<span> </span><a rel="noopener" href="https://www.afr.com/world/north-america/elon-musk-is-now-three-times-richer-than-warren-buffett-20211102-p5955u" target="_blank">just rose</a><span> </span>by US$24 billion to reach a total of US$335.1 billion, has issued a challenge to the United Nations: prove that money will help solve global hunger, and I will give you that money, more or less.</p> <p dir="ltr">It was in response to a tweet made by David Beasley, director of the UN’s World Food Programme, which itself was a response to the news of Musk’s net worth soaring by<span> </span><a rel="noopener" href="https://www.bloomberg.com/news/articles/2021-10-25/elon-musk-s-fortune-surges-to-281-billion-on-hertz-order" target="_blank">US$36 billion last week</a><span> </span>after Hertz ordered 100,000 Teslas. The tweet from Beasley reads, “$36 billion in one day - @elonmusk 's net worth increase due to a @Tesla / @Hertz deal. Congratulations, Elon! 1/6 of your one day increase would save 42 million lives that are knocking on famine's door. Unprecedented crisis. Unprecedented wealth. Help!!”</p> <blockquote class="twitter-tweet"> <p dir="ltr">$36 billion in one day - <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a>'s net worth increase due to a <a href="https://twitter.com/Tesla?ref_src=twsrc%5Etfw">@Tesla</a> / <a href="https://twitter.com/Hertz?ref_src=twsrc%5Etfw">@Hertz</a> deal. Congratulations, Elon! 1/6 of your one day increase would save 42 million lives that are knocking on famine's door. Unprecedented crisis. Unprecedented wealth. Help!! <a href="https://t.co/n4hfpl5NRE">https://t.co/n4hfpl5NRE</a></p> — David Beasley (@WFPChief) <a href="https://twitter.com/WFPChief/status/1453681782742818824?ref_src=twsrc%5Etfw">October 28, 2021</a></blockquote> <p dir="ltr">Responding to a ‘fact-check’ of Beasley’s claims posted by a Dr. Eli David a few days later, Musk wrote, “If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it."</p> <blockquote class="twitter-tweet"> <p dir="ltr">If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.</p> — Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1454808104256737289?ref_src=twsrc%5Etfw">October 31, 2021</a></blockquote> <p dir="ltr">Beasley responded, explaining that the CNN headline was inaccurate; while $6 billion won’t solve world hunger, it will “prevent geopolitical instability, mass migration and save 42 million people on the brink of starvation”. He invited Musk to have a chat, adding, “It isn’t as complicated as Falcon Heavy, but too much at stake to not at least have a conversation.”</p> <blockquote class="twitter-tweet"> <p dir="ltr">.<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@elonmusk</a> With your help we can bring hope, build stability and change the future. <br /><br />Let’s talk: It isn’t as complicated as Falcon Heavy, but too much at stake to not at least have a conversation. I can be on the next flight to you. Throw me out if you don’t like what you hear!</p> — David Beasley (@WFPChief) <a href="https://twitter.com/WFPChief/status/1454885078497103873?ref_src=twsrc%5Etfw">October 31, 2021</a></blockquote> <p dir="ltr">Musk is known for firing off off-the-cuff tweets with little forethought or expectation of follow-through, so it’s not clear whether Beasley’s response satisfies his criteria. His response was characteristically brusque: “Please publish your current &amp; proposed spending in detail so people can see exactly where money goes. Sunlight is a wonderful thing.”</p> <blockquote class="twitter-tweet"> <p dir="ltr">Please publish your current &amp; proposed spending in detail so people can see exactly where money goes. <br /><br />Sunlight is a wonderful thing.</p> — Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1454921466500222977?ref_src=twsrc%5Etfw">October 31, 2021</a></blockquote> <p dir="ltr">Beasley invited Musk to meet him anywhere, “Earth or space”, to discuss the issue further and see the work the World Food Programme does. Time will tell whether tackling issues like world hunger is a genuine concern of Musk’s, or whether this was simply another day on Twitter for the tech mogul. It’s worth noting that $6 billion works out to be just over 2% of his current net worth.</p> <p dir="ltr"><em>Image: Patrick Pleul/picture alliance via Getty Images</em></p>

Money & Banking

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Tesla unveils new humanoid robot at an awkward event

<p><span style="font-weight: 400;">Tesla CEO and billionaire Elon Musk has confused people with his latest tech product launch. </span></p> <p><span style="font-weight: 400;">At Tesla’s AI Day event, Musk announced his new humanoid “Tesla bot”, which prompted one analyst to call the project a “head-scratcher that will further agitate investors.”</span></p> <p><span style="font-weight: 400;">The entrepreneur said a 172cm, 56kg prototype robot could be ready as soon as next year. </span></p> <p><span style="font-weight: 400;">Instead of waiting until a prototype was ready for the launch, Musk brought out a man in a  latex bodysuit that was created to look like the robot’s design. </span></p> <p><span style="font-weight: 400;">In a bizarre twist, when the “robot” came on stage, they broke out in a dance routine lasting one minute before Musk took to the stage. </span></p> <p><span style="font-weight: 400;">Musk didn’t give many details on the Tesla bot, but insisted it will have a “profound” impact on the economy by driving down labour costs. </span></p> <p><span style="font-weight: 400;">“But not right now because this robot doesn’t work,” Musk noted, nonetheless insisting that, “In the future, physical work will be a choice.”</span></p> <p><span style="font-weight: 400;">“Talk to it and say, ‘please pick up that bolt and attach it to a car with that wrench,’ and it should be able to do that,” Musk said. </span></p> <p><span style="font-weight: 400;">“‘Please go to the store and get me the following groceries.’ That kind of thing. I think we can do that.”</span></p> <p><span style="font-weight: 400;">Musk says that the robot’s primary purpose will be to complete tasks that are “boring, repetitive and dangerous”, giving more free time to individuals who can afford the robot.</span></p> <p><span style="font-weight: 400;">After onlookers raised concerns, Musk said the robot will be designed so that humans can easily run away from or overpower it if needed. </span></p> <p><span style="font-weight: 400;">The Tesla CEO said the robot, which has been named Optimus, will run off the same chips and sensors as Tesla’s so-called Autopilot software, which has faced intense backlash from federal regulators and politicians. </span></p> <p><span style="font-weight: 400;">Twitter users reacted to the news of the Tesla bot with an abundance of memes, saying the idea seemed to be straight out of a movie that does not end well for humankind. </span></p> <p><span style="font-weight: 400;">Check out the unusual “prototype” unveiling below:</span></p> <p><iframe width="560" height="315" src="https://www.youtube.com/embed/TsNc4nEX3c4" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></p> <p><em><span style="font-weight: 400;">Image credits: Getty Images/Youtube</span></em></p>

Technology