Enhancing Collaboration in Advanced Technology: A Conversation with Elon Musk on AI and Innovation.

Elon Musk is an innovator and entrepreneur whose focus is the development of cutting edge technology and particularly Application Intelligence (AI). Today's discussion revolved around understanding the dynamics of change in artificial intelligence with ways of improving teamwork in that field. Musk is also known for coming up with some mega ideas and even more mega strategies so it was not surprising that the call for global cooperation in use of AI was made to avoid disorganized competition of nations and industries that would ultimately waste a lot of resources and fail to solve the key issues of the 21st century. That vision which is his echoes with the increasing understanding that in order to tap the capabilities of AI, proactive implementation of these capabilities is of collective, rather than individual, nature. A focal point of the discussion was the ethics of AI and its development. As Musk pointed out, AI is more than a device, it is a way of thinking that will change bu

Twitter CEO Parag Agrawal fired by Elon Musk

 

Elon Musk

After acquiring Twitter, the world’s richest man, Elon Musk fired Parag Agrawal. He acquired Twitter after a legal battle and months-long saga full of twists and turns.

Tesla's CEO fired various other employees of Twitter. He fired top Twitter executives, including the CEO Parag Agrawal, the company’s legal head and policy maker Vijaya Gadde, and CFO Nel Segal.

However, Agrawal will take home a lot of money. He was appointed as the Twitter CEO in November 2021. As per reports, Agrawal was entitled to get $42 million from Twitter if he were terminated within 12 months.

Vijaya Gadde will also receive a package of $12.5 million and an additional $33 million from some 623,156 Twitter shares.

Earlier, many people said that Musk disliked Agarwal and wanted to get rid of him. In some of his leaked chats, Musk mocked Agrawal for holidaying in Hawaii. He said that Agrawal was not the kind of man who could run Twitter.

Before making a hostile bid to buy Twitter, Musk had also exchanged a couple of chats with Agrawal. In one of his leaked texts to Agrawal, the world’s richest man had called joining the Twitter board a "waste of time.”

Musk made a bid to buy the social media company for $44 billion in April this year. However, he tried to walk away from the deal in May alleging that the social media giant understated the number of bot and spam accounts on the micro-blogging site. Later on, Twitter sued Musk to complete his deal. Consequently, a legal battle between Twitter and Musk started. Musk also sued Twitter, alleging that there were numerous fake accounts on the micro-blogging site. After a series of twists and turns, Musk agreed to proceed with the Twitter deal on the original terms. On October 27, he finally bought the social media platform. 

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