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‘Twitter is quite the roller coaster’: Elon Musk tells Dubai World Government Summit


Billionaire Twitter CEO Elon Musk said “Twitter is quite the rollercoaster” at Dubai’s World Government Summit (WGS) on Wednesday as he explained his reasoning behind the $44billion buyout deal.

“If you think I was a little worried about the direction about the effect of social media on the world, and especially Twitter, and I thought it was very important for there to be a maximally trusted, sort of digital public square, where people work within countries and internationally to communicate with the least amount of censorship allowed by law,” he said.

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“But I think in general, social media companies should adhere to the laws of our countries and not try to put a thumb on the scale beyond the laws of countries…and more accurately reflect the (needs of) the people.”

Addressing if he would hire a new CEO to take over Twitter, he said he “needs to stabilize the organization’ but probably towards the end of the year would “find someone else to run the company.”

The founder of Tesla and Space X said he has a long-term vision for the social media platform.

“Be as useful as possible and be as entertaining as possible and also be a source of truth,” he said. “Twitter is an acceleration of that maximally useful app.”

Musk continued that Twitter is working on something called ‘community notes’ to access the truth of information on the social media platform.

“I think trying to have any many organizations and people who are legitimate,” he added.

Musk said his focus was on having as many companies and people who are legitimate as possible to ensure Twitter is a platform of trust and credibility.

He said Twitter was good for allowing people “to speak in their voice” as opposed to how they should.

“So, I would like encourage CEOs and companies and legislators and ministers and so forth to speak (on Twitter) authentically.”

He said while this might invite criticism, he acknowledge that “I am constantly attacked on Twitter and frankly I don’t mind.”

“AI has great, great promise…but also with that comes danger. The challenge here is that the government regulatory authorities tend to be set up in reaction to something bad that happened.”

“So, I think we should be quite concerned about it, and we should have some regulation of what it is fundamentally of the interests of the public Because think of any technology which is potentially a risk to people like if it's an aircraft or cars or medicine, we have regulatory bodies that oversee the public safety of cars and planes and medicines.”

Musk was speaking Wednesday at Dubai’s World Government Summit (WGS) in the session ‘A Conversation with Elon Musk 2.0’, which was moderated by Mohammed Abdullah al-Gergawi, the UAE’s Minister of Cabinet Affairs and WGS chairman.

It was almost six years after he first spoke at Dubai’s World Government Summit

About 20 heads of state, ministers, CEOs, thought leaders and celebrities have addressed this year’s World Government Summit in Dubai.
Among them were presidents, government officials, ministers, heads of international organizations and companies, thought leaders, global experts and prominent business leaders from the private sector
.
They included Klaus Schwab, founder of the World Economic Forum, Kristalina Georgieva, managing director of the International Monetary Fund, and Dr. Tedros Adhanom Ghebreyesus, director-general of the World Health Organization.
The World Government Summit 2023 – held from February 13 – 15, under the slogan ‘Shaping Future Governments’ has had global policy, the United Nation’s Sustainable Development Goals (SDGs), climate change, the future of jobs, future of society and city design up for debate.

Read more:

Elon Musk forced algorithm change on Twitter to boost his tweets: Report

Elon Musk reportedly considers buying Manchester United

Elon Musk says he saved Twitter from bankruptcy, on track to ‘breakeven’

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Crown Prince of Abu Dhabi meets with CEOs of leading Norwegian companies

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with a group of CEOs from leading Norwegian companies, as part of their participation in the UAE-Norway Investment Forum, held alongside his official visit to the Kingdom of Norway.

During the meeting, H.H. Sheikh Khaled bin Mohamed bin Zayed underscored the UAE leadership’s commitment to strengthening economic cooperation with its international partners.

He highlighted that investment in innovation and knowledge is a cornerstone for achieving sustainable development, noting that enhancing collaboration with Norwegian companies across key sectors will open new avenues for mutual economic growth between the two countries.

The UAE-Norway Investment Forum, taking place in Oslo, aimed to highlight available investment opportunities and strengthen trade relations between the UAE and Norway, fostering shared interests and supporting innovation and knowledge-based economic visions.

-wam

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At the Indonesia International Book Fair 2024, TRENDS inaugurates 10th global office, releases four books

As part of its Asian research tour, partnership with Aletihad News Center, and
primary sponsorship of the Indonesia International Book Fair 2024, TRENDS
Research & Advisory inaugurated its office in Jakarta, marking its 10th location
worldwide. It also released four books in Indonesian.
The inauguration event was attended by ambassadors of the UAE, Bahrain, and
Jordan to Indonesia, chairpersons of the UAE and Indonesian Publishers’
Associations, the Director of TRENDS’ Jakarta office, and a group of researchers
and academics.
Speaking at the event, Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS
Research & Advisory, stated that TRENDS’ international offices—set to reach 15
by the end of 2024—aim to enhance the Center’s research efforts and deepen its
role in disseminating knowledge, thus serving as a global knowledge bridge.
He emphasized, “At TRENDS, we believe in the importance of cooperation
between think tanks and prioritize this endeavor. We believe the TRENDS office in
Jakarta will enhance the exchange of knowledge and ideas between think tanks in
Asia and the Middle East, opening new horizons for collaboration in various
fields.”

Four books in Indonesian
As part of the Jakarta office’s inaugural activities, four books were released in
Indonesian, including the 11th and 12th books of the Muslim Brotherhood
Encyclopedia and Global Trends in AI and Automation and the Future of
Competition between Man and Machine: An Analytical Forward-looking Vision.

Hostility to Arab states
The 11th book of the Muslim Brotherhood Encyclopedia, The Concept of the State
According to the Muslim Brotherhood, highlights its hostile stance toward Arab
states since its inception. The group views them as an obstacle to its ascent to
power. It opposed the modern principles upon which these states were built,
considering them incompatible with the group’s unique interpretation of Islam,
which it claimed to embody exclusively.

Exclusion of nonconformists
The 12th book, The Muslim Brotherhood: Rejection of Tolerance and Exclusion of
Nonconformists, examines the Muslim Brotherhood’s stance towards
nonconformists, individuals, and entities. The book reveals the group’s binary view
of the world, categorizing others as allies or adversaries. It ties these relationships
to the Brotherhood’s internal power struggles and self-serving interests.

Global Trends in AI
The third book, Global Trends in AI, explores significant developments in AI and
its impact on various aspects of life, including the economy, society, and
governance. It also offers a comprehensive analysis of technological advancements
in AI, its applications across sectors, the ethical and social challenges it presents,
and its future trajectory.

Automation

The fourth book, Automation and the Future of Competition between Man and
Machine: An Analytical Forward-looking Vision, addresses the growing challenges
faced by the human workforce in the face of widespread automation and AI
applications. The book concludes that while automation presents a significant
challenge to the labor market, it simultaneously creates new opportunities. It
emphasizes the importance of preparing for this shift through skills development,
continuous education, and adopting economic and social policies that support the
workforce.

Prominent pavilion and active presence
The TRENDS’ pavilion at the Indonesia International Book Fair has attracted
numerous visitors, including academic researchers and officials, such as the
ambassadors of the UAE, Bahrain, Qatar, Jordan, and Turkey. Additionally,
chairpersons of Arab and Indonesian publishers’ associations, authors, publishers,
and students visited the pavilion. All were impressed with and praised TRENDS’ diverse, valuable publications. They also commended TRENDS’ active
international presence and ability to address global developments with rigorous
analytical research.
Dr. Mohammed Abdullah Al-Ali honored the esteemed guests, including
ambassadors of the UAE and Bahrain to Indonesia, Wedha Startesti Yudha,
Chairperson of the Indonesia International Book Fair Committee, Arys Hilman
Nugraha, Chairman of the Indonesian Publishers Association, and others,
presenting them with TRENDS’ publications and commemorative shields.
Additionally, he awarded TRENDS’ Research Medal to Ni Made Ayu Martini
Indonesian Deputy Minister of Marketing, Tourism and Creative Economy
It is worth noting that during its current Asian research tour, TRENDS announced
the launch of the TRENDS Research Medal, awarded to individuals who make
significant contributions to the development of scientific research and promote collaboration with TRENDS in strengthening a culture of research across various fields.

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US determined to prevent full-scale war in Middle East, Joe Biden tells UNGA79

US President Joe Biden highlighted the US Administration’s determination to prevent a wider war that engulfs the entire Middle East region, noting that a diplomatic solution “remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely”.

In remarks he made today before the 79th Session of the United Nations General Assembly (UNGA79), the US President said, “Full-scale war is not in anyone’s interest,” adding that a diplomatic solution is still possible.

He also touched on “the rise of violence against innocent Palestinians on the West Bank”, and the need to “set the conditions for a better future”, which he said featured “a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalised relations with all its neighbours, where Palestinians live in security, dignity, and self-determination in a state of their own”.

President Biden underscored the ceasefire and hostage deal put forth by Qatar and Egypt, which the UN Security Council endorsed. He said, “Now is the time for the parties to finalise its terms, bring the hostages home,” adding that this would help ease the suffering in Gaza, and end the war.

-WAM

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