#ericschmidt

qwant news | How Silicon Valley and Private Finance Are Reshaping War AI generated summary, Read the full article for complete information. The article exposes how Silicon Valley’s venture‑capital and private‑equity networks have become tightly intertwined with the U.S. military‑industrial complex, reshaping modern warfare through a flood of private capital into Pentagon budgets, senior defense appointments, and new DOD innovation units that fast‑track start‑ups into weapons contracts. It details the placement of tech executives and investors in top military positions, the creation of financing programs such as the Economic Defense Unit and the Office of Strategic Capital that channel billions of dollars to VC‑backed war tech firms, and the adoption of streamlined procurement tools that bypass traditional regulations. This financialization has turned the Pentagon into a lucrative “slush fund” for investors, redirected venture capital from consumer tech to military hardware, and driven a paradigm shift in how war is funded, developed, and executed—linking profit‑driven finance directly to the planning and deployment of U.S. military power. Read more: https://www.thenation.com/article/world/silicon-valley-private-equity-pentagon-war-profiteering-military-tech-vc/ #PeterThiel #EricSchmidt #Anduril #Palantir #ShieldCapital #DanCaine #StephenFeinberg

BBC News | Former Google CEO Eric Schmidt booed by graduates at mention of AI AI generated summary, Read the full article for complete information. Former Google CEO Eric Schmidt was booed by graduating students at the University of Arizona when he warned that artificial intelligence will “shape the world,” reflecting a growing campus unease about AI’s impact on jobs and society. He acknowledged that students’ fears are “rational” but urged them to adapt and help shape the technology’s future. Similar backlash occurred at other recent commencements, with speakers such as real‑estate executive Gloria Caulfield and music‑industry CEO Scott Borchetta also met with jeers over AI remarks. Recent polls show many students view AI as a threat to their careers, prompting a shift toward majors emphasizing critical thinking, communication, and human‑centric skills, while nationwide surveys find about half of American adults more concerned than excited about AI’s expanding role in daily life. Read more: https://www.bbc.com/news/articles/ce8pqd54qneo?at_medium=RSS&at_campaign=rss #EricSchmidt #LuminaFoundation #PewResearch #GloriaCaulfield #ScottBorchetta

BBC News | Former Google CEO Eric Schmidt booed by graduates at mention of AI AI generated summary, Read the full article for complete information. Former Google CEO Eric Schmidt was booed by graduates at the University of Arizona’s commencement when he warned that artificial intelligence would reshape the world, an incident that highlights growing campus anxiety about AI’s impact on jobs and education; similar jeers greeted other speakers such as a real‑estate executive at the University of Central Florida and a music‑industry CEO at Middle Tennessee State University, reflecting a broader unease among students who view AI as both a threat to their future and a barrier to intellectual development, prompting many to shift their studies toward critical‑thinking and human‑centric fields, while recent polls show roughly half of American adults are more concerned than excited about AI’s expanding role in daily life. Read more: https://www.bbc.com/news/articles/ce8pqd54qneo?at_medium=RSS&at_campaign=rss #EricSchmidt #Google #ArizonaUniversity #GloriaCaulfield #CentralFlorida #ScottBorchetta #BigMachine #MiddleTennessee #LuminaFoundation #PewResearch #