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Elon Musk Weekly News Roundup: SpaceX, Tesla, Twitter and AI · Elon Musk Podcast

0:00
Recent reports by Reuters have raised concerns about the
0:02
company's animal research oversight board highlighting
0:06
potential conflicts of interest, that may compromise research
0:10
Integrity. Now is neurolink conducts,
0:13
critical animal experiments to gain regulatory approval for
0:17
human trials. Explore the implications of
0:19
these allegations, and how they could impact the future of this
0:23
groundbreaking technology. Now, neural link has been in
0:27
development for a while now. And Elon musk's neurolink has.
0:32
Reportedly filled its animal research oversight board with
0:36
company insiders, who stand to benefit financially as the firm
0:41
reaches developmental goals. Now, according to the company
0:44
documents interviews with six current and former employees.
0:48
And according to Reuters, this raises questions about potential
0:51
violations of conflict of interest regulations aimed at
0:55
protecting research Integrity. Now Federal Law requires
0:58
organizations experimenting And certain types of animals to
1:02
establish oversight boards known as institutional Animal Care and
1:07
use committee, the iacuc S and a ECU.
1:11
Seas are responsible for ensuring proper Animal Care,
1:15
High research, standards and the reliability of data that helps
1:18
Regulators decide whether drugs or medical devices are safe for
1:23
human testing. Now, as of late twenty, twenty
1:26
two nineteen of never links iacuc.
1:29
He's 22 members were company employees according to a company
1:33
document, reviewed by Reuters. Now, the oversight boards.
1:37
Chair was an early executive who led the company's Animal Care
1:41
Program. And at least 11 other members
1:43
were employees directly involved with animal care or research.
1:48
Now, details of the panel's membership in its potential
1:50
conflicts have not been previously reported the animal
1:54
research and bioethics experts said it's rare for iacuc is to
1:58
include employees. Such direct Financial stakes in
2:01
the research outcome. This is a particular problem at
2:04
startups, like neurolink because they tend to focus on a single
2:08
breakthrough product. And commonly reward employees
2:12
with volatile company. Shares now, neurolink staffer is
2:16
typically receive salary and stock based incentives,
2:19
according to five current and former employees and knurling
2:23
job ads reviewed by Reuters said the same.
2:26
Now, some senior level employees stand to make millions Ian's of
2:30
dollars if the company secures critical regulatory approvals in
2:33
the future now. Dr. Miguel he says a
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neuroscientist and physician who is conducting brain implant
2:41
research at Duke University, for nearly 30 years, said the iacuc
2:46
members overseeing his animal experiments never had any role
2:49
in the research. The independence of such boards
2:52
is critical to protecting the Integrity of animal research
2:56
that could impact humans in the future, clinical trials.
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He It's an obvious conflict of interest.
3:03
Now many companies Outsource animal testing and oversight
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University is a research institutes with stricter rules
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to prevent such conflicts of interest.
3:13
Now, narrow Lake. Originally partnered with the
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University of California, Davis to help conduct and oversee, its
3:17
animal tests. However, the company later
3:19
abandoned the partnership after a dispute viewing, the
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University's processes is too slow and bureaucratic according
3:27
to one current, and one former neurolink staffer Her owner
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link, then brought the research and oversight in house, UC Davis
3:36
declined to comment underlings, new oversight board with said,
3:40
in a statement that it's conflict of interest rules
3:42
prohibit, quote, interested parties, from voting or quote,
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influencing decisions on such panels.
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The US Department of Agriculture.
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The USDA is the lead agency enforcing Animal Welfare
3:54
regulations and the animal research experts interviewed by
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Reuters included two former to Up.
4:00
USDA officials describe the agency's overall enforcement's
4:04
of conflict of interest rules as lacks now.
4:08
The USDA has interpreted the rule narrowly allowing a range
4:11
of potential conflicts. That would never be permitted.
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In human trials. Conflicts such as those under
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links, iacuc are typically prohibited or avoided an animal
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Trails, by universities research institutes.
4:24
And many companies, now, in response to this inquiry from
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Reuters, the USDA said it had I found no conflicts of interest
4:31
underlings board. When the department inspected,
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its animal research operations during 10 inspections since 2022
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and the company has passed all inspections with no citations,
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according to public records and a person with knowledge of the
4:46
examinations of the usda's office of Inspector General is
4:50
currently investigating potential Animal, Welfare
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violations by neural link and allegedly slipshod Animal.
4:56
Welfare act enforcement by the USDA itself in a Joint probe
5:00
with the US Department of Justice.
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Now, the USDA and justice department declined to comment
5:06
on this investigation and the USDA Inspector General didn't
5:09
respond to requests for comment as well.
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The joint probe is examining the company or the agency's
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oversight of neurolink and of Animal Welfare.
5:18
More broadly, the investigation follows a long history of USDA.
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Oig reports including three, since 2014 criticizing the
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animals of the agencies animal welfare.
5:29
And Iseman as ineffective. Now, one issue is a stretch
5:33
staff. The USDA employees, 122
5:36
inspectors to inspect almost 12,000 facilities.
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Ranging from zoos, and breeders, to Labs, according to a
5:43
congressional research service report last July, and the USDA
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enforcement of conflict of interest rules are pretty rare
5:51
and more than 11,000 USDA inspections.
5:54
Over the past, decade the agency issued eight citations for
5:58
conflicts and research lamps, None of which resulted in a
6:01
penalty according to a review of the Records who by somebody, who
6:05
oversees the animal law and policy Institute at the Vermont
6:09
law in graduate school. Now, the lack of enforcement.
6:12
They said poses serious risk. That conflicted iacuc members
6:17
will put their own interests before those of the animals.
6:22
Now the same person is Winters said USDA has really only
6:25
inspecting paperwork and not looking under the hood.
6:29
The overly narrow interpretation, the USDA is
6:32
giving to the conflict of interest.
6:35
Is it illustrates a problem now between September of 2017 and
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December of twenty, twenty neurolink partnered with the
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University of California Davis relying on the school's
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federally, funded Primate, Research lab and it's
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established iacuc USD He has received more than one point
6:53
nine million dollars from neural link for experiments before the
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partnership. Ended.
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No knurling surgeons and other staffers continue to work
7:00
directly on the experiments in consultation with the university
7:04
and a u.s. Davis or UC Davis.
7:06
Spokesperson told Reuters, that the university is monitoring of
7:10
neurolink. Experiments detected, an animal
7:12
welfare incident in 2019, prompting the University's iacuc
7:16
to mandate changes, in Darlings, research, protocols and
7:19
training. And that Essence of the
7:22
incident, then involve UC Davis staff, but declined to comment
7:26
further. Now, amid tensions neurolink
7:28
canceled, its partnership with the UC Davis in 2020.
7:32
Then build its own animal testing facilities and created
7:36
its own iacuc. The company is rushed and at
7:40
times botched experiments especially after it brought
7:43
animal experiments fully in house.
7:45
According to the neurolink staffers and Company records.
7:48
Now the company's iacuc allowed know.
7:51
A link to accelerate animal experiments in line with musk's
7:55
demands three sources, familiar with the panel's decisions, told
8:00
Reuters, now in 2021 and 2022. The company killed about two
8:04
hundred and fifty sheep, pigs and primates.
8:08
Now in one instance in 2021, the company implanted, 20 out of 60
8:12
pigs with the wrong size devices.
8:15
A neuro-link employees said, the error could have been avoided
8:18
with better preparation. Several animal research experts
8:24
called the role of board chair Autumn sorel's.
8:27
Also the executive heading neural Links Animal Care problem
8:30
program, a particularly troubling conflict.
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So rails didn't respond to requests for comment.
8:37
Several of the 22 iacuc members also report to sorel's in their
8:42
neurolink jobs, separate from the board according to an
8:45
internal documents and to neurolink sources with knowledge
8:48
of the committee's operation of this dynamic.
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Encourages those members from dissenting and board matters.
8:55
One of the sources sin conservation groups have
8:58
recently sued the Federal Aviation Administration, the FAA
9:02
for approving spacex's rocket operations without a thorough
9:06
environmental impact review. This lawsuit comes just 11 days
9:10
after the debut. Starship test flight sent sand
9:13
and debris miles from the launch pad and Scattered chunks of
9:17
reinforced concrete and metal shrapnel.
9:19
Thousands of feet from the site, Which sits next to a National
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Wildlife Refuge. The Starship rocket is crucial
9:28
for SpaceX has commercial launch business and musk's ultimate
9:32
goal of establishing human colonies on Mars.
9:35
Now, NASA is also depending on SpaceX is quick development
9:38
timelines. For its plans to land humans on
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the Moon by 2026 using the Starship spacecraft.
9:45
Although the Texas Star base facility is only intended for
9:49
testing and the actual Starship operations will Take place in
9:52
Florida, a lengthy Court Battle of unfavorable ruling against
9:57
the F. It could delay.
9:57
Must goal of conducting another test launch within the next two
10:01
months. Now legal experts familiar with
10:05
such claims suggest that if the court orders the FAA to conduct
10:08
a full environmental impact statement review, it could
10:12
result in delays ranging from two to five years.
10:16
And according to Penn State law, professor, Jamison Colburn
10:20
finding test sites. Ooh, Wolfram massive prototype
10:23
Rockets like the Starship requires a narrow set of
10:26
conditions such as being far from populated areas and near a
10:30
coast for safety reasons. Karen Shadow work.
10:34
A former senior attorney for SpaceX who worked on selecting
10:37
the Starship site explain that few such options exist in the
10:42
US. And Export controls would make
10:44
building a foreign launch site, very difficult.
10:47
Now last year must mention that SpaceX is launch complex 39, 39a
10:52
at NASA's, Kennedy Space Center in Florida, could serve as an
10:56
alternative to the Texas site. If a deeper environmental review
10:59
of Starbase was triggered, however that site is also
11:03
subject to its own environmental review, NASA officials have
11:06
expressed concern that a Starship explosion and Elsie 39a
11:11
get damaged infrastructure used for Falcon, 9 astronaut,
11:14
launches to the International Space Station to address.
11:17
These concerns SpaceX is currently equipping a different
11:20
launch pad And u.s. space force property for astronaut launches.
11:26
Now SpaceX is also considered another Kennedy Space Center.
11:28
Launch site launch complex 49 for future of Starship launches,
11:33
but this location is in the midst of a lengthy environmental
11:37
review process that could also take years to complete other
11:41
potential us, launch sites such as the u.s. space forces
11:44
Vandenberg Spaceport in California and the Wallops
11:47
Flight Facility in Virginia have limitations due to their launch
11:51
trajectory He's size or surrounding protected lands
11:54
making them less suitable for Starship.
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Test, launches Michael mailing, a georgia-based investor, who
12:00
was involved in the bid to set up a Spaceport in his home
12:03
state, believes that new operational space ports in the
12:06
US are unlikely unless there are significant environmental
12:10
changes or local populations that actively support their
12:14
development. Now SpaceX previously acquired
12:17
to offshore oil rigs to convert into ocean It's for SpaceX is
12:23
Starship but according to SpaceX president Gwynne, Shotwell the
12:27
company sold the rig's before they got a chance a lot on them
12:32
because they were not the right platform for launching now.
12:36
Marty Feldman an attorney at the law firm of Holland & Hart
12:40
suggested if the delays caused, by the environmental review were
12:43
deemed a national concern. Congress could potentially
12:46
intervene in the eliminates. The need for review.
12:49
This is especially relevant given.
12:51
In NASA's plan for the moon landing for 2026, a deadline
12:55
that NASA Chief Bill Nelson Has presented the lawmakers as an
12:59
urgent race with China. Now, feltman highlights that
13:02
Congress has previously passed laws, overwriting environmental
13:06
review requirements, such as last year's mandate for the B
13:09
Administration to issue certain oil and gas leases in the Gulf
13:12
of Mexico. And they said if the SpaceX
13:16
efforts were truly important enough to the nation, the
13:18
Congress felt they needed to go forward and this delay will Be
13:22
too significant. There's always the possibility
13:24
for something to happen. Now despite the current legal
13:28
challenges SpaceX has demonstrated as resilience and
13:32
adaptability in the face of adversity throughout its
13:35
history. As a Pioneer in the commercial
13:37
space sector, the company has had to navigate numerous
13:40
obstacles, including technological, hurdles
13:43
regulatory challenges and even early launch failures.
13:47
And each time SpaceX has managed to learn from these experiences
13:50
emerging strong. ER and more capable in their
13:53
pursuit of their ambitious goals, the outcome of the
13:56
lawsuit and potential delays May test the company's resolve once
13:59
more, but their track record suggests, they will find ways to
14:03
innovate in adapt as needed. SpaceX has been successful in
14:07
fostering Partnerships with both governmental and private
14:10
entities, which could prove to be valuable resources in
14:14
overcoming the current legal situation collaboration with
14:17
other spacefaring nations and organization could open doors to
14:20
alternative. On sites or even joint ventures
14:23
that minimize the environmental impact of the Starship launches.
14:28
But by leveraging, these Partnerships SpaceX may be able
14:30
to continue its rapid pace of development and maintain its
14:34
Competitive Edge in the global Space Race.
14:36
Now, in the meantime SpaceX navigates, the legal challenges
14:39
surrounding the Starship project, it continues to make
14:42
progress in other areas companies Falcon 9 and Falcon
14:45
heavy. Rockets are consistently
14:47
launching commercial satellites and NASA missions.
14:50
While the crew Dragon capsule Is transporting astronauts to, and
14:53
from the International Space Station, additionally SpaceX is
14:56
Starling. Satellite constellation is
14:58
steadily expanding with the goal of providing Global Internet
15:01
coverage and funding the company's Mars colonization
15:05
plans. Even if the Starship project
15:08
faces delays SpaceX is ongoing success.
15:11
And other Ventures are likely to sustain the company's momentum
15:14
and support the long-term aspirations.
15:18
But the lawsuit against the FAA could have major implications.
15:21
For SpaceX at Starship development timelines and Elon
15:25
musk's ambitious plans for people to land on Mars, in the
15:29
outcome of this legal battle. Coupled with the limited options
15:33
for alternative test launch sites, put SpaceX in a very
15:37
challenging position and as the race to conquer space continues,
15:41
the world watches closely and the people at Nasa.
15:46
The people at the environmental groups, the people at Boca Chica
15:50
Starbase Texas and the Browns Valaria and the Rio Grande
15:53
Valley. Also watch closely to see what
15:56
will unfold and shape the future of spacex's Starship program in
16:01
South. Texas.
16:02
Thank you so much for listening to the show today.
16:04
I appreciate everybody out there for taking the time today, to
16:08
spend it here with me. The Elon Musk patent it cast if
16:12
you liked this show. And if you've been listening to
16:14
the show in the past and you like it, please take a second to
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hit the Subscribe or the follow button on whatever podcast
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platform you're on. Right now but greatly appreciate
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it, helps out the show a little bit and will continue to grow
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and continue to make better and more episodes.
16:29
Also, you can check out our other podcasts which is strictly
16:31
about space flight mainly about SpaceX to, it's the space news
16:36
pod. You can find that on any podcast
16:38
platform that you're on, even the one that you're on right
16:41
now. So thanks so much, everybody
16:44
take care of yourselves and each other, and I'll see you in the
16:46
next one. In, just six months of
16:48
ownership, musk is cut, Twitter's Workforce down.
16:51
By almost 90% with layoffs and firings.
16:54
Continuing on a rolling basis and is Twitter's headcount
16:58
headsets lowest level and many years, Blue Sky.
17:01
If you centralized platform co-founded by former CEO of
17:05
Twitter, Jack Dorsey has gained interest among many Twitter
17:09
users and despite Dorsey being a sizable investor in musk's new
17:13
Twitter is criticized, musk's operation of the company stating
17:17
that he has not acted right since taking over.
17:21
And in the six months since Elon Musk took over Twitter, the
17:25
company's employee count, his dwindled, by almost 90% as the
17:30
billionaire entrepreneur has continuously slashed, the
17:32
workforce through layoffs and firings.
17:35
Some employees have reportedly been interrogated.
17:38
About leaks before being let go, While others have simply quit or
17:42
taken jobs outside of Twitter. The remaining staff members
17:46
scrambled to me, musk's demands while dealing with constant site
17:49
issues is they are fewer people. To help out with the users.
17:54
And as a result, Twitter is head, count is now down to its
17:58
lowest level in many years. Currently Twitter has around 1
18:03
thousand full-time employees. According to two sources
18:06
familiar, with the matter. And musk has previously stated
18:09
the Twitter, had 1500 people remaining on staff, but it was
18:13
unclear whether contract workers were included in that number.
18:17
The sources said that Twitter's, headcount is closer to 1,000
18:20
employees. Purely when excluding any
18:23
remaining contract workers were not considered full-time staff
18:26
and are technically employed by a third party musk is also ended
18:31
contracts for thousands of such workers and musk's take over
18:36
Twitter, has been fraught with difficulties with a particularly
18:39
large layoffs and a mass resignation occurring.
18:42
Shortly after the deal closed, the company's full-time
18:45
headcount fell below 2000 people earlier this year with hundreds
18:50
of workers leaving in the Receding two months now, getting
18:53
closer to 1,000. Workers means Twitter's head
18:56
count as down by almost 90% from just before musk took over when
19:01
the company had roughly 7,500 employees and performance
19:05
reviews are constant in musk's Twitter and internal directives
19:09
for what projects and worker, our priorities change constantly
19:13
according to former employees. Now, remaining workers scrambled
19:18
to me, musk's demand, while also dealing with near constant
19:22
problems that crop up on the site.
19:24
Is there a fewer people on hand to help out and more frequently
19:28
employees that musk's Twitter are fired or let?
19:31
Go piecemeal with little to no explanation.
19:33
After spending weekly reports of their work for review.
19:38
Several have also been interrogated about leaks to the
19:41
media. One of the sources said this
19:44
before being fired in Each workers have been pulled into
19:47
one-on-one meetings with a member of musk's actual security
19:51
team seemingly at random and also questioned.
19:55
Now Twitter's user base has increased slightly over the past
19:59
six months was just over 250 million active daily.
20:03
Users up from about 244 million six months ago.
20:09
According to data, from Epi Topia, however, downloads of the
20:13
app have fallen by nearly 15% in the last.
20:16
Three months in the early weeks of musk's takeover downloads and
20:20
usage surged in musk. Has previously said, it is
20:24
ambition, is to get Twitter to 1 billion users each month by next
20:28
year apt. Otiot app, Topia data shows,
20:32
Twitter has almost 400 million monthly active users.
20:36
The Mau is currently and Twitter competitors have not caught on
20:40
but Blue Sky. A decentralized platform
20:43
co-founded by Jack Dorsey the for mercy.
20:46
Eeo Twitter has gained Interest. Really the platform released its
20:50
app at the end of April and is currently staggering the
20:53
onboarding of users by keeping it invite only and the waitlist
20:58
exceeds 1 million people. According to Blue Sky, CEO J.
21:02
Graber, I'm on the wait list for blue sky.
21:05
So what I'm going to be offering you right now is a chance to get
21:08
an invite to Blue Sky when I get in if you subscribe and also, if
21:14
you give a comment a good review, on Apple podcast, I
21:18
could reach out to you and also let you know if there's invites
21:23
available through when you know, when I get invited.
21:27
So if you'd like that please hit the Subscribe or follow button.
21:29
That would be really great help out the show and also you might
21:32
get an invite to Blue Sky which seems like a pretty cool Twitter
21:37
alternative. Now the waitlist exceeds a
21:39
million people though Ring to Blue Sky.
21:42
CEO J Graber in over the weekend.
21:45
Dorsey took two blue sky to criticize musk and his operation
21:49
of Twitter his fellow billionaire whom Dorsey.
21:52
Once said, he trusted in actively work to bring into the
21:55
company and he said he's not acted right since taking over
21:59
Twitter. Nonetheless Dorsey Still Remains
22:02
a sizable investor in musk's new Twitter, Dorsey also said the
22:06
Twitter could not have survived as a public company and he
22:09
admitted that he hired too many employees.
22:11
Knees at Twitter when he ran it. And speaking of companies with
22:15
blue, check marks, Google has announced a new feature for
22:18
Gmail that aims to help users verify the legitimacy of
22:23
incoming emails in a recent blog post, the tech giant revealed
22:26
that Gmail will Now display a blue checkmark next to a
22:29
sender's name. To indicate that their identity
22:32
has been verified. The check mark is part of
22:34
Gmail's, existing brand indicators for messaging
22:37
identity that be. I am I feature, which requires
22:41
companies To authenticate the brand logo, the use as their
22:44
email, Avatar, to ensure that it belongs to them companies that
22:47
have already adopted be, I am, I will automatically receive this
22:51
check mark the new verify check. Mark is designed to help users,
22:55
distinguish between legitimate emails and scams.
22:59
However, over the checkmark displays a message, that says,
23:02
the sender of this email has verified that they own the
23:06
domain and profile image, they're using to send the email
23:09
and Google notes that email Authentication.
23:11
You can help users and security systems identify and stop spam
23:15
while also allowing senders to leverage their brand.
23:18
Trust the addition of the more visible checkmark could help
23:21
users quickly. Identify legitimate centers
23:24
especially if they're not familiar with be I am I approve
23:27
logos or aren't sure whether an email is legitimate.
23:31
Now the verify checkmark builds upon Gmail's existing be IMI
23:35
feature which requires companies to identify that the brand logo
23:38
they're using as the Rimmel Avatar actually.
23:41
Most of them in this helps the users know that the logos
23:44
legitimate if the email is not a phishing attempt and Google's
23:47
addition of a more visible check mark by also help combat
23:51
phishing attempts and email scams by allowing users to
23:54
quickly identify whether an email is from a legitimate
23:57
Center or legitimate company. The move is similar to Google's
24:01
recent change to replace the lock icon that appears in
24:04
Chrome's address bar with a tuner icon, which indicates that
24:08
a website is using the safer. HTTP protocol and Google's
24:13
rolling out verified, check marks starting today, across
24:17
both workspace accounts and personal Google accounts.
24:20
So users may see blue check marks in their emails, very
24:24
soon. The addition of this new feature
24:26
is part of Google's ongoing efforts to improve email
24:29
security, and make it easier for users to identify legitimate.
24:33
People companies in emails and building upon the be.
24:36
I am I feature Google's taking a step forward like Twitter, did
24:40
it in Ring, that emails are authenticated.
24:43
And that users can trust the people from which the emails,
24:47
they receive Elon Musk has been a vocal proponent of
24:50
decentralization, especially in the realm of social media.
24:55
And in this episode, we'll dissect the recent developments
24:58
in the space. Spotlighting the Strategic moves
25:01
by Mastodon a key player in this realm and comparing it to others
25:05
like blue sky, and Noster. And we'll also explore how this
25:08
shifts tie into elon's vision for the future.
25:11
Feature of social media, the potential impacts these changes
25:14
could have on the digital landscape.
25:18
So mastodons simplifies, its onboarding, the stirring, the
25:23
pot into the decentralized, social media world and in a
25:27
compelling move Macedon T, decentralized, social media
25:31
Network similar to Twitter. Recently announced its latest
25:35
update, streamlining the user onboarding process this move
25:39
comes at a time when Tussle for dominance.
25:43
In the decentralized, social media universe is escalating
25:47
with platforms like blue sky backed by Jack, Dorsey ex CEO of
25:52
Twitter and meta, also joining The Fray.
25:56
Now historically mastodons onboarding process required new
26:00
users to choose from thousands of different servers or
26:04
communities where they like to establish their account.
26:08
However this decentralized network revealed On Monday that
26:12
it plans to direct new users to create an account on Mastodon
26:16
dot social. The platform is Flagship and
26:19
largest server. This does not imply that the
26:22
platform is confiscating, the power of new users to sign up
26:26
for a particular Community. Instead, the sign up page will
26:29
now offer, two distinct choices. One of them is joined Macedon do
26:33
social. The other is pick my own server
26:37
and the network emphasizes that users have the flexibility to
26:40
switch serve Is any time they wish.
26:43
Now, Eugene Rocco the CEO of Macedon justifies the change as
26:48
an essential step to help new users overcome.
26:50
The signup process is complexities start.
26:53
Engaging with others quickly. He writes, if we only attract
26:56
people who already care about decentralization, our ability to
27:00
make decentralization mainstream becomes that much harder the
27:05
platform. Now boasts over 12,000 instances
27:09
users can join, making it easy daunting Tasks for newbies to
27:12
select one, will it be Macedon to world or Macedon Dot online
27:17
or perhaps a niche focused server like bird on that social,
27:23
the new approach aims to eliminate this confusion and
27:25
create a more seamless user experience.
27:28
However, the update could upset existing users and server
27:31
operators, who advocate for mastodons decentralised ethos
27:35
platform, the isn't controlled by a single governing entity.
27:39
Now, in tandem, with the new Onboarding process Mass the ton
27:43
is also unveiling quote posts, enhance content, and profile
27:47
search features, and also groups.
27:50
Additionally, the platform is dedicated to bolstering, its
27:53
moderation tools and quote removing friction from
27:56
decentralized features. Now, while Macedon is ramping,
28:01
it's onboarding process and it's revamping the whole thing Blue
28:05
Sky, which is Jack dorsey's decentralized.
28:08
Alternative to a Twitter is gaining.
28:11
Gaining traction, despite being an invite-only Network blue sky
28:15
has already attracted thousands of users including high-profile
28:19
personalities, like Twitter, influencer, drill and
28:23
representative, AOC Blue Sky incorporated as a public benefit
28:28
Corporation in Fall of 2021. And this unique positioning
28:32
allows it to operate. Similarly, to a for-profit
28:35
organization, but the legal obligation is to prioritize
28:39
shareholders Financial Trysts over everything else.
28:44
Furthermore, the platform is dividing its attention between
28:46
constructing, its service and developing a protocol that
28:50
integrates common social network features into a share and
28:53
software. The software, the authenticated
28:56
transfer protocol, the ATP behaves.
28:59
Similarly, to email standards letting users from different
29:03
providers interact with each other.
29:06
Now, however, this journey to decentralization has Hasn't been
29:11
smooth at all. And after a promising, start
29:14
blue skies relationship with Twitter began to wane Elon
29:18
musk's acquisition of Twitter further.
29:20
Complicated matters leading to a more autonomous Blue Sky.
29:24
Despite this Independence, the platform continues to build.
29:28
What is initially set out to do and in the meantime the
29:32
competition is heading up is heating up.
29:34
Sorry, alongside Macedon Noster and blue sky.
29:38
Meta headquartered, in Menlo Park, California?
29:41
Is developing a decentralized social network known internally
29:45
as p 92 or Barcelona. Even Tim berners-lee.
29:49
The inventor of the world wide web and the internet has
29:53
launched solid. A software designed for
29:55
constructing decentralized, social applications.
29:59
Now Doris he's involvement Noster a platform that is
30:02
successfully garnered nearly 12 million users further fuels the
30:06
competition, interesting Noster and now enables users to
30:10
exchange bit Coins adding another layer to its offerings.
30:14
Now Darcy's public endorsement of Noster combined with his
30:17
financial contribution significantly Spike the
30:20
platform's popularity despite the seemingly daunting
30:24
competition. Blue Sky, possesses the distinct
30:28
Advantage at this point, its resources far exceed, those of
30:31
crowdsource Macedon and privately built Noster.
30:34
However it's true. Success lies, not in Revenue but
30:38
in garnering developer interest. Paul Frazee, a blue sky,
30:42
engineer emphasizes the need for a user-friendly experience.
30:47
Without sacrificing the technicalities of decentralized
30:50
social platforms. He believes blue sky is on the
30:53
path to achieving this unique balance, currently 1,200
30:57
developers and 20. International Teams are
31:00
utilizing the protocol. Developing a variety of networks
31:03
with intriguing names like red sky Skylight, and cyan blue sky
31:08
itself is being modeled to resemble Twitter.
31:11
To demonstrate the ease of integration in a sizable, number
31:14
of the platform's 1.2 million. Wait, lister's have started
31:19
using the app. The decentralized social media,
31:22
world is a complex ecosystem, fraught with challenges, and
31:27
also opportunities companies like Macedon Blue, Sky Noster,
31:30
or navigating these Waters. Each aiming to strike a balance
31:33
between user-friendliness technical prowess and the
31:36
ultimate goal of decentralization now in this
31:40
Dynamic landscape, Mastodons latest update is a strategic
31:43
move aimed at striking that very balanced by simplifying.
31:47
The onboarding process. Macedon hopes to attract a wider
31:51
audience and further its mission of bringing decentralisation
31:54
mainstream yet. The platform remains committed
31:57
to its core principle of decentralization offering its
32:01
users. The freedom to select a server
32:02
of their choice. Now, this combined with the
32:05
platform's features a Saddam is a formidable player in the
32:09
decentralized social Diaz fear. Now and as these platforms
32:13
continue to evolve and innovate, the tug-of-war for dominance.
32:17
In a decentralized, social media universe is set to intensify
32:21
amid this mounting competition. One thing is clear.
32:25
The decentralization moment is here to stay reshaping the way
32:29
we interact online and redefining the concept of social
32:32
media, as we know it, and this movement is going forward, the
32:37
tech World eagerly, awaits how this moment will unfold.
32:41
It will reshape the digital interactions in this process and
32:46
there are forces pulling us in extreme directions right now and
32:50
it's great to have a decentralized place to go.
32:54
So you can be with your friends on platforms like Macedon, blue
32:57
sky, and Noster, and they're just merely participants and
33:02
their catalysts also for the future of a new era of digital
33:08
communication. Thank you so much for listening
33:10
to the Elan. I must podcast today, I
33:12
appreciate you spending your time here with me today.
33:15
If you could take a second and hit the Subscribe or follow
33:17
button on whatever podcast platform you're on right now, I
33:20
would greatly appreciate it, helps out the show a little bit
33:23
more people, we get to listen to the show, the bigger, we can
33:25
make it the more episodes we can do and the more production value
33:30
we can bring to you clear, April day, April 20th 2023.
33:35
The SpaceX Starship took to the Texas guys from the Starbase
33:38
launch pad. The ambitious project.
33:41
Led by Elon Musk made a significant stride toward a new
33:44
era of space exploration. Now the ongoing development is
33:48
set to cost SpaceX, approximately 2 billion dollars
33:52
in 2023 alone. And the ongoing development is
33:55
set to cost SpaceX more down the line.
33:59
So this demonstrates musk's unwavering commitment to
34:02
pioneering advancements in space.
34:04
Travel musk ever confident. In always looking ahead has his
34:09
sights set on an It'll fight for the Starships next venture.
34:13
And on a recent Twitter spaces, discussion must stated my
34:17
expectation. For the next flight would be to
34:19
reach orbit. This audacious prediction,
34:22
reflects, musk's trademark, blend of optimism, ambition, and
34:27
calculated risk taking, and with SpaceX conducting secondary
34:32
rounds twice, annually for employees and shareholders to
34:35
sell their stock questions, arise about funding for the
34:39
Starship program. However, Musk curbs.
34:43
Any of these doubts stating that he does not foresee the need for
34:47
additional funding right now, his confidence in the program's,
34:51
Financial viability is a testament to SpaceX is overall
34:55
Financial Health. Now, reflecting on the
34:59
Starships, maiden voyage musk expressed satisfaction with the
35:02
launches outcome, which he claimed was roughly what I
35:06
expected and maybe slightly exceeding, my expectations in
35:09
the self-proclaimed. A planetary species, Advocate
35:13
didn't gloss over the challenges.
35:14
However, he provided a detailed account of the inaugural flight
35:18
including the difficulties encountered during the mission.
35:21
The SpaceX is Starship. Monumental launch solid ignite
35:24
only 30 of the 33 Raptor engines decision.
35:28
Born out of caution must reveal the SpaceX chose not to start.
35:32
Three of the engines, the were not deemed healthy enough.
35:36
Now this decision led to the rocket sliding laterally off the
35:40
launch pad. A spectacle that was
35:42
breathtaking and also harrowing to look at it approximately. 27
35:47
seconds into the flight, another engine experienced a loss
35:50
experienced a loss of communication, triggered by an
35:53
energetic event, the remove, the heat shield around several other
35:57
engines. Now, musk's transparency and
36:00
Candor and sharing these challenges are Testament to his
36:02
commitment to Innovation through learning and Improvement of
36:05
these systems. Despite these challenges the
36:08
Starship program was impressive. It successfully navigated
36:12
through a launch Milestone known as Max Q.
36:15
The moment of peak atmospheric pressure on the rocket, a musk
36:19
proudly. Highlighted the vehicle,
36:21
structural Integrity saying the vehicle.
36:23
Structural margins appear to be better than we expected as we
36:26
can tell from the vehicle actually doing somersaults
36:29
towards the end and still staying intact.
36:32
Now back on Earth. Must reveal that the booster
36:34
created a quote Rock tornado. Oh underneath the rocket is it
36:38
lifted off? This unexpected occurrence led
36:41
to substantial damage to the launch pad.
36:43
Leaving a crater in its wake. And nevertheless musk remains
36:47
undeterred seeing this as another learning opportunity to
36:51
refine the launch process for future attempts.
36:54
In the aftermath of the launch. Showed the brutal power of the
36:59
super heavy boosters engines. A report from the US fish and
37:02
wildlife service detailed the violent dispersion of concrete
37:06
and Metal. Call it a dust cloud of
37:08
pulverized concrete that spread is far as six point five miles
37:13
away from the launch site in despite the spectacles dramatic
37:18
nature. Must maintain that the pad
37:20
damage was quote, quite small and should be quote, repaired
37:25
quickly must guest estimates. That SpaceX will be probably
37:29
ready to launch in six to eight weeks now to mitigate further
37:34
Launchpad damage SpaceX plans to install All Steel plates cooled
37:38
by a water system. Underneath the launch tower for
37:41
the next Starship rocket launch. This novel approach reflects
37:46
musk's problem-solving mindset, in the company's culture of
37:50
Relentless innovation. In addition to the launch pad,
37:53
some of the propellant tanks near the launch pad will be
37:56
replaced impressively the 500 foot, tall tower suffered no
38:01
meaningful damage despite being struck by some pretty big chunks
38:05
of concrete in Revelation as a testament to the towers robust
38:09
design and the construction of it.
38:12
One significant challenge Basics needs to address is the
38:15
requalification of the autonomous flight termination
38:19
system, the a FTS this system is designed to destroy the vehicle.
38:24
If it veers off course, an essential safety feature for any
38:28
space mission. Now, must Express concern that
38:31
the ftes took too long to activate during the test flight
38:35
indicating that this issue would be a priority in the lead-up to
38:38
the next launch in despite the launch of success.
38:42
There were valid concerns from environmental activists and
38:45
researchers about the cloud of pulverized concrete and dust
38:48
created by the launch must argue that the debris was not toxic at
38:53
all, but he agreed that SpaceX did not want to repeat the
38:56
situation. He reassured critics by saying
38:59
to the best of our knowledge there has not been any
39:02
meaningful damage to the environment that we're aware of.
39:05
Now, looking ahead must Has high hopes for the Starship project
39:09
for the full program and he put the probability of reaching
39:12
orbit with a star ships flight this year as probably 80%, but
39:17
went on to predict a 100% chance of reaching orbit within 12
39:20
months. These ambitious goals, reflect
39:23
his audacious vision for SpaceX, it is commitment to push the
39:28
boundaries of space exploration. Now with SpaceX musk is creating
39:32
a blueprint for the future of space.
39:34
Travel Starship project and capsule.
39:36
Eights his Sentence pursuit of innovation and is daring Vision
39:40
to make space travel accessible and eventually come in place.
39:45
And while the road to realizing this Vision will undoubtably, be
39:48
fraught with challenges. If there's one thing we've
39:51
learned from observing, Elon musk's career, it's that he
39:55
relishes in the challenge. And as we wait for this next
39:58
launch, everybody waits with bated breath.
40:02
They're all aware that we are witnessing history in the making
40:05
and each launch each. Challenge each success.
40:09
Brings us closer to the Future where trips to Mars.
40:14
It's not just a stuff of Science Fiction, but actually a reality
40:19
and with Elon Musk at the helm, it's going to be an exhilarating
40:23
Journey coming weeks. Promise to be a watershed moment
40:26
for crypto, enthusiasts businesses, and Skeptics alike
40:29
will take you behind the scenes of the upcoming joint.
40:31
Hearings flooring, the intended balance between consumer
40:34
protection and fostering innovation.
40:37
Well dissect, the lawmakers ambitious plans, for a holistic
40:40
regulatory bill that could redefine the u.s. digital asset
40:43
market. And finally, we'll hear about
40:46
how these developments interface with the ongoing Senate work,
40:50
led by Senators, Cynthia, lummis, and Kirsten gillibrand.
40:54
It's all about charting the course for cryptos integration
40:58
into our financial future in this, coincides with Elon musk's
41:03
Twitter and his crypto-currency that he may.
41:07
Using, for the social media platform, the American crypto
41:10
Frontier is poised for change. Do Representative Patrick,
41:13
McHenry chairman of the house Financial Services committee has
41:17
announced a series of joint hearings in May aimed at
41:20
demystifying defining, the market structure of digital
41:23
Assets in the United States alongside McHenry.
41:25
The announcement is joined by representative.
41:28
Glenn Thompson, chairman of the house, agriculture committee
41:32
representative french hill chairman of the digital assets,
41:35
Financial technology, and inclusion Subcommittee and Dusty
41:38
Johnson, chairman of the commodity markets, digital
41:41
Assets in rural development subcommittee.
41:43
These joint hearings, according to the representative signal and
41:46
unprecedented joint effort to establish clear rules of the
41:50
road for the digital asset ecosystem.
41:53
The goal striking the right balance between protecting
41:56
consumers, and not stifling responsible innovation in an
42:01
industry. Where Clarity has often taken a
42:03
backseat. This announcement comes as a
42:06
breath of fresh air. But what does it mean for the
42:09
future of digital assets on one hand?
42:12
It's a testament to the growing acceptance of recognition of
42:15
digital assets and mainstream finance.
42:18
And on the other hand, it's acknowledgment of the inherent
42:21
risks in complexities that. Come with these Innovative
42:24
Technologies. This isn't just about fostering
42:26
an environment conducive to blockchain startups and Bitcoin
42:30
miners, it's about ensuring that American consumers can safely
42:33
and confidentially navigate this new Financial landscape.
42:37
Escape a during a panel discussion at the consensus 2023
42:41
event, McHenry provided more context to the upcoming
42:44
hearings. The series of hearings will
42:45
focus on the entirety of the digital asset Market structure,
42:49
its regulation, and its potential impact on the economy.
42:53
This is a rare holistic approach to the market that has often
42:57
been examined in piecemeal reflecting.
43:00
The lawmakers, understanding that a fragmented view of the
43:03
market will no longer suffice now, a key Focus.
43:07
Of these hearings will be the development of a comprehensive
43:10
Bill addressing various aspects of digital assets from Capital,
43:14
raising to the transition, from a Securities regime, to a
43:17
Commodities regime, the proposed Bill.
43:20
Also aims to consider the unique nature of digital assets that
43:24
don't neatly fit into existing regulatory categories.
43:28
Ensuring they are neither over-regulated nor left in a
43:32
regulatory void, this effort to create a bill providing.
43:37
Regulatory Clarity to the crypto sector supplements, ongoing work
43:40
in the Senate. Senator Cynthia, lummis.
43:43
And Kirsten gillibrand are leading a bipartisan effort on a
43:46
bill called the responsible Financial Innovation act.
43:50
The RF IA. Now in that's introduced in the
43:54
senate in June of 2022 and the lummis gillibrand bill
43:58
addresses, a range of issues including SEC and cftc
44:03
jurisdiction, stable, coin regulation, And crypto Taxation
44:09
and despite facing delays, the bill is being revised.
44:12
And a new draft is expected to be released soon.
44:16
The move by the house representative signals a
44:19
concerted effort in the legislative corridors of
44:21
America, to provide a coherent Consolidated framework for
44:25
digital assets. I made the rise of new
44:27
technologies in the evolution of financial systems.
44:30
The effort signifies, an attempt to transition from reaction
44:34
regulation to proactive regulation.
44:37
The lawmakers are seeking to future-proof the US market
44:41
building a robust regulatory environment that can adapt to
44:44
the rapid pace of technological innovation.
44:47
Their proposed bill is not just about laying down the law, it's
44:50
about making a statement. It sends a clear message to the
44:53
world that the United States is committed to fostering
44:56
Innovation while also ensuring the protection of its citizens.
45:00
It's a delicate Balancing Act, but once the lawmakers, get this
45:04
in place, they're confident. That this can be achieved.
45:08
Now, a key part of striking the balance is understanding the
45:11
unique nature of digital assets. Unlike traditional financial
45:15
instruments, digital assets, don't always fit exactly a
45:19
neatly into existing regulatory categories.
45:21
They often blur the lines between Commodities insecurities
45:25
and their decentralized nature. Adds another layer of
45:28
complexity. This makes them challenging to
45:30
regulate, but the lawmakers are undeterred this time.
45:34
They say we plan to report a bill that deals with the
45:38
capital, raising peace for digital assets, all the way
45:42
through to how a product can go from a Securities to commodity.
45:47
That's what McHenry said and he added that the bill would also
45:50
preserve our rights around products that are neither neatly
45:54
put into a Securities or Commodities regime.
45:58
Now, this statement, underlines the lawmakers commitment to
46:02
creating a regulatory framework, that's tailored to the unique
46:05
nature of digital. That's it.
46:07
Highlights their willingness to engage with the complexities of
46:10
the crypto World rather than trying to shoehorn them into
46:13
existing Frameworks and the joint hearings.
46:16
And the proposed Bill represent a significant milestone for the
46:19
digital assets industry in the United States.
46:22
They marked this transition from piecemeal regulation, to a
46:26
holistic approach reflecting the growth and the maturity of this
46:30
industry. They underscore the nation's
46:32
commitment to fostering Innovation while also ensuring
46:36
consumer. Section and most importantly,
46:38
they provide a glimpse into the future of digital Assets in the
46:42
United States of America. That's a future that promises to
46:45
be as Dynamic diverse and disruptive as the assets
46:49
themselves, The Joint hearings announced by Representative
46:53
Patrick McHenry and Associates signify a significant shift in
46:57
the regulatory landscape for digital Assets in the United
47:01
States. The lawmaker is are aiming for a
47:03
comprehensive balanced approach to regulation one.
47:07
Fosters Innovation while also ensuring consumer protection.
47:11
The proposed Bill expected to tackle a wide spectrum of issues
47:15
from Capital raising to transitioning.
47:17
Between regulatory regimes is seen as a crucial.
47:20
Step toward regulatory Clarity, alongside the end going work in
47:24
the Senate. These initiatives promise to
47:26
reshape the future of digital assets in America.
47:30
The signal Collective recognition of the importance of
47:32
digital assets, any commitment to integrating them into the The
47:37
nation's financial future, and it responsible and sustainable
47:41
manner. Thank you so much for listening
47:43
to the Elon Musk podcast today. If you could take a second and
47:46
hit the Subscribe button, on whatever podcast platform that
47:49
you're listening on, I would greatly appreciate it because
47:52
that helps us out a little bit and we're trying to grow our
47:54
community and you are doing a great job of growing with us.
47:58
So thank you so much for that. That's about it for today.
48:01
Take care of yourselves at each other and I'll see you next
48:03
time.