How Elon Musk Spends His Day While Trying to Save the World
This week, Inc. writers talk about how the visionary entrepreneur has so many big ideas but some of them are far behind schedule.
PHOTO CREDIT: Getty Images
This week, staff writer Will Yakowicz discusses how the U.S. Department of Justice is speaking out against encryption technology. During a speech this week, the Assistant Deputy Attorney General Rod Rosenstein said encryption technology in communications platforms and computers provides "safe spaces" for terrorists and criminals to commit crime and atrocities. Rosenstein proposed "responsible encryption" technology that would effective provide the government with backdoors to crack phones and chat apps to replace what he calls "warrant-proof" tools. The group discusses encryption why upholding privacy and cyber security is important.
Reporter Emily Canal talks about how Facebook has admitted that it sold 3,000 ads to Russian operatives during the U.S. presidential election. The ads, which were viewed 10 million times in swing states, used divisive issues like race, religion, immigration, and gun control to incite and rile potential voters. Facebook gave the ads to the Senate Intelligence Committee and the company will testify at a public hearing on Nov. 1. It has also come out that Google sold ads to Russians, as did Twitter. Canal talks about the upcoming hearings and Sheryl Sandberg, Facebook's COO said the company owes America an apology for its role in enabling Russian meddling in the 2016 presidential election.
Staff writer Kevin Ryan talks about how Elon Musk, the billionaire entrepreneur who founded PayPal, Tesla, and SpaceX, is promising to save the world with his technologies. But Musk's plans--to get to Mars in seven years, replace fossil fuels with electric batteries, and build a super-fast Hyperloop that could change train travel--are all a bit far fetched, and some are running behind schedule. Is Musk a billionaire hype man or can he pull off his most audacious ideas?
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