Why is Elon Musk becoming Donald Trump’s efficiency adviser?

Some unionized federal workers have criticized Musk and Ramaswamy, saying they don’t know what they’re doing. In the lead-up to Trump’s election and during the transition, Musk has been an increasingly present and influential figure in Trump’s orbit, repeatedly appearing with Trump in meetings with lawmakers and world leaders. Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy on Wednesday floated ending remote work for federal workers, calling the practice a “privilege” left over from the pandemic. The Federal Advisory Committee Act (FACA) allows non-paid advisors to make policy recommendations to Congress and agency heads, but Musk and Ramaswamy’s DOGE defies these established norms.

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The only way to access it is with a subscription to Fry’s Investment Report for $49, which is 75% off the regular price of $199. For this, we’ll receive 12 monthly issues, which include at least one investment recommendation per issue, three more bonus reports, access to an online archive, and a members-only website. All of their details including their names and ticker symbols are inside a special report called The Top 3 Stocks for the AI Revolution. We could be catching a revolutionary technology just as it goes mainstream and blockchain news and features Eric has identified 3 companies that he believes will be the biggest winners of this AI revolution.

Musk and Ramaswamy are co-heads of what President-elect Donald Trump has called a Department of Government Efficiency, although their roles are advisory and it won’t be an official department unless Congress passes a law creating it. The acronym, DOGE, is a reference to an internet meme and cryptocurrency that Musk has promoted for years. About 1.1 million federal civilian employees, or 46% of civilian personnel, are eligible for some amount of telework, according to an August report from the Office artificial intelligence machine learning deep learning and more of Management and Budget. About 228,000 employees, or 10% of personnel, are in remote positions with no expectation that they work in-person on any regular or recurring basis, the report said.

Gaetz Says He’s Done With Congress, Teases Dishing on Former Colleagues

Beyond its tangible effects, Project Omega may also contribute to a cultural shift. The how to buy hex coin widespread adoption of novel technologies and the exploration of new frontiers could shape societal norms, influencing how we perceive progress, exploration, and the interconnectedness of humanity. One of the potential goals of Project Omega is to advance the possibilities of Mars colonization. By developing new technologies and solutions, Project Omega may aid in the establishment of self-sustaining colonies on Mars and make it a viable option for human habitation. Yes, it is likely that Project Omega will leverage expertise and technologies from Elon Musk’s other companies such as SpaceX, Tesla, Neuralink, and the Hyperloop. This integration could result in unique features and benefits within Project Omega.

In a tweet last week, Ramaswamy gave us a glimpse into the disaster by vowing to eliminate programs with “expired authorizations.” The largest to expire include $128 billion for Veterans Affairs and $153 billion for health, education, labor, and pensions. Cutting these funds would hurt veterans and non-veterans alike, especially since veterans make up 30 percent of the federal workforce and have a stake in those pension funds. Who would run these programs or manage the remaining $5 trillion in mandatory spending? There is definitely waste in the federal budget — Medicare and Medicaid spent a combined $100 billion on fraud last year.

Trump has the world’s richest man on his side. What does Musk want?

Musk had been the primary bankroller for the company – which created ChatGPT – at its launch in 2015, appearing on stage at an academic conference announcing $1 billion in funding. However, it’s essential to approach such claims with caution, as they may be based on conjecture or misinformation. Without official statements or credible sources confirming Musk’s involvement in Project Omega, it’s challenging to provide a definitive explanation of any connection between the two. The billionaire Elon Musk is involved in or running plenty of companies as the CEO of Tesla and SpaceX and the owner of Twitter (now known as X).

• As Musk continues to push the boundaries of technology and innovation, the world eagerly awaits the advancements and breakthroughs that Project Omega will bring, inching us closer to realizing the dream of a self-sustaining civilization on Mars.
• The Global X Robotics and Artificial Intelligence ETF (BOTZ 0.66%) is a behemoth in AI and robotics ETFs, with $2.74 billion in assets.
• Elon Musk’s Project Omega has been going viral lately after a newsletter promotion from Eric Fry started taking off.
• Sometimes they surge skywards like a SpaceX rocket; at other times, they dip lower than Tesla’s electric vehicle battery energy level!
• From renewable energy advancements to space exploration breakthroughs, Project Omega could reshape the world as we know it.

Paul Dans, the former director of Project 2025, once described his plans to make a “conservative Linkedin” containing information on thousands of potential hires for the Trump administration. He envisioned it as a personnel machine for rooting out the “deep state” and replacing federal employees with devoted MAGA loyalists. Unlike Project 2025, which proposes firing one million federal employees and battling unions in court, Musk and Ramaswamy aim to eliminate the entire workforce, bypassing legality. Their plan would dissolve government functions, betraying even a basic understanding of civics.

A big part of achieving that vision involves expanding the world’s energy storage capacity by up to 240TWh. During the course of the event, Tesla executives said this can be accomplished without needing to mine a significant amount of ore. Musk claimed that it would only need less than 30 percent of all nickel in the Earth. It would also need iron, but Musk isn’t concerned, saying that it’s the most abundant metal on the planet. Software engineers Billy Markus and Jackson Palmer originally set up Dogecoin in 2013 as a payment system based on a meme. However, the coin recently experienced an incredible tailwind to its price via the interest of Reddit traders, followed by a seal of approval from “The Dogefather” himself, Elon Musk.

This includes advancements in rocket propulsion, sustainable energy generation, life support systems, and communication networks. Project Omega may provide significant breakthroughs in these areas, paving the way for the establishment of self-sustaining Martian colonies. In addition to SpaceX and Tesla, Project Omega may also draw upon Neuralink’s research and development in neural technology. Neuralink aims to develop implantable brain-machine interfaces that can enhance cognitive abilities and potentially address neurological disorders.

Ramaswamy reposted Trump’s announcement on social media saying “we will not go gently”. He also said he was withdrawing from consideration to fill incoming US Vice-President JD Vance’s soon-to-be-vacated Ohio Senate seat. The organisation’s name refers to Musk’s preferred cryptocurrency – which was itself jokingly in 2013 named after an internet meme. Trump said the pair would act in an advisory capacity, and that the Doge would not be an official government department. Kennedy’s plans to ban dyes in cereals and fluoride in water could get major pushback from the food industry.

However, that doesn’t necessarily mean investing in artificial intelligence, or AI, isn’t something to explore. Despite the numerous videos on YouTube claiming to explain Project Omega and its supposed connection to Elon Musk, you’ll be hard-pressed to find any legitimate source of news that backs up those claims. The only part of the story that could be credible is that it’s somehow connected to artificial intelligence, which Musk acknowledges will impact humanity drastically. Engagement can take many forms, from pursuing a career in the aerospace sector to being an advocate for space exploration and innovation. Musk’s projects often instigate ripples felt across the technology and automotive sectors. Omega, larger in its ambitions, threatens to be a tidal wave, leading to advances previously confined to science fiction.

Since the start of the year, Musk has tweeted about the altcoin numerous times. As such, there are other assets and businesses that can likely benefit from Elon Musk’s influential actions and words. And there are some companies that talk up AI in the airlines space, including FLYHT Aerospace Solutions (FLY.V, FLYLF) and training/simulator company CAE (CAE), but neither of those has been anywhere near $5 this year.