What's behind Elon Musk's AI power grab?
The News Agents
Global
4.1 • 5.4K Ratings
🗓️ 11 February 2025
⏱️ 42 minutes
🧾️ Download transcript
Summary
The AI Summit in Paris assumed it would be the centre of tech action today. That was until Elon Musk put in a cheeky (hostile) bid for Sam Altman's OpenAI company, claiming he was owed the money anyway from a previous deal. There is beef between these two tech bros - who both proudly wear Trump's patronage. They previously worked and innovated together on the company that is now Altman's. Can Musk bully Altman into giving it up? Will Trump help him? And what happens if AI as well as X, tesla, SpaceX and (checks notes) the entire US government is now within Musk's grasp?
Later, is Trump serious about pulling out of NATO? And is the Ukraine war already lost? We speak to Jeremy Hunt about what he's learned from 14 years at the top of government, and what he'd do differently.
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Transcript
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| 0:00.0 | The Newsagents podcast is brought to you by HSBC UK, opening up a world of opportunity. |
| 0:08.2 | This is a global player original podcast. |
| 0:11.7 | Musk's approach then is from a position of insecurity about X-A-I. |
| 0:15.2 | Probably his whole life is from a position of insecurity. |
| 0:17.6 | I feel for the guy. |
| 0:18.9 | You feel for him? |
| 0:19.6 | I do, actually. |
| 0:21.0 | I don't think he's like a happy person I do feel for him. |
| 0:23.2 | This is the psychodrama playing out among the billionaire tech bros. |
| 0:28.3 | That is Sam Altman of OpenAI, Chat GPT, talking about Elon Musk who wants to buy OpenAI and chat GPT and Sam Alkman is saying, |
| 0:40.9 | Screw you. Yeah, Musk has offered 97 billion to Sam Altman for Open AI. Oortman's responded by |
| 0:48.2 | offering $9 billion to Elon Musk for X. In other words, a troll at the fact its value has plummeted. |
| 0:57.7 | What's really at the heart of this spat between two of the world's richest, most powerful men? |
| 1:04.4 | Welcome to the newsagents. |
| 1:08.7 | The Newsagents. |
| 1:10.2 | It's John. |
| 1:11.1 | It's Emily. It's Emily. |
| 1:11.9 | It's Lewis. |
| 1:12.9 | And all is not happy in Techland, |
| 1:17.5 | where two billionaires are falling out, squabbling over who should have dominance of this small little industry called AI. |
| 1:28.3 | And if it wasn't so serious, there'd be slightly something comic about it. |
| 1:34.3 | Yeah. And the big picture to this is that Elon Musk not satisfied with already being the world's richest or nearly richest man, |
... |
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