Dispelling doubts, the billionaire showed off his unprecedented power to disrupt and remake the government — with President Trump’s blessing.

The world’s richest man headed to the Oval Office to defend his government cost-cutting efforts.Eric Lee/The New York Times

We’ve got some more thoughts on Elon Musk’s $97 billion hostile bid for Sam Altman’s OpenAI, which, we’re told, still hasn’t been delivered to anyone at OpenAI.

Assuming an offer does show up, from a legal standpoint it’s actually dead on arrival. That’s because the board of OpenAI has no legal fiduciary duty to maximize investor returns in the for-profit subsidiary. The only duty the board has is to the charter of the organization, which includes in its mission: “to avoid enabling uses of A.I. or A.G.I. that harm humanity or unduly concentrate power.” It can decide whether an acquirer of its

Keep reading this article on Andrew Ross Sorkin – Author New York Times.

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