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Musk vs Bezos – Amazon to take on SpaceX yet again



Amazon plans to take on Elon Musk’s SpaceX in the satellite internet arena

Amazon has outlined its plans to deliver internet from space under Project Kuiper.

The company says it will be done by sending more than 3000 small satellites in low Earth orbit.

The e-commerce giant had signed a multi-billion-dollar contract back in April, securing 83 launches for its Project Kuiper from Arianespace, Blue Origin and United Launch Alliance.

Amazon plans to take on Elon Musk’s SpaceX in the satellite internet arena. Picture: Amazon Science

The contract was the the largest rocket deal in the history of the commercial space industry

“These launch agreements reflect our incredible commitment and belief in Project Kuiper and we’re proud to be working with such an impressive lineup of partners to deliver on our mission,” Dave Limp, the Senior Vice President for Amazon Devices & Services says in a written statement.

Tech expert Greg Nibler says Amazon is an “economic powerhouse” that has bought its way into becoming a “viable competitor”.

“With Amazon securing these contracts… will give them enough to provide some pretty reliable internet to a lot of places around the globe,” Nibler says.

SpaceX has about 2000 satellites already up in the space and a clearance to put up 12,000 but Nibler says while SpaceX is ahead of its game, Amazon is already in households across the globe.

“You think of that as just ready made customers,” he says.

“I bet that’s what they’re going to do… integrate it in with everything they’ve already got,” Nibler says, calling it a huge competitive advantage.

SpaceX’s Starlink provides internet at the cost of $110 per month but Nibler says if Amazon can make its service’s price low enough, it will be a win for the company.

Billionaire’s space race

Jeff Bezos’ satellite internet project was revealed in 2019 and is expected to be launched in installments over 5 years.

On the other hand, Nibler says Elon Musk is on the top of the world.

“With Starlink he is so far ahead I doubt he is going to view Amazon as much of a competitor,” he says.

Nibler says Bezos attempts to come after Musk over anything space based have been no secret.

“They trade their barbs back and forth on Twitter which Musk now owns,” he says.

“He (Musk) is leagues ahead of everyone so he’s kind of sitting in driver’s seat right now.”

Musk’s Starlink is available to order and is said to be suited for rural and remote communities where connectivity is otherwise unreliable or unavailable.

Rijul Baath contributed to this report

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“I think there is a great risk”: will AI steal our jobs?



Artificial Intelligence has become an increasingly powerful and pervasive force in our modern world.

Artificial intelligence is not a new concept. However, the growing advancements have the potential to revolutionise industries, improve efficiency, and enhance the quality of life.

Along with its promising advancements, artificial intelligence also brings certain risks and challenges that must be acknowledged and addressed.

It has become the focus of lawmakers, who are working towards greater regulation of the sector.

U.S. and European Union officials recently met in Sweden to weigh up the benefits and challenges of artificial intelligence, and other emerging technologies.

“The AI process is creeping up on us,” said Dr Keith Suter, who is a global futurist.

“You’ve got competition between companies.”

It’s almost like some of us can see this raft that’s heading towards the rapids and a disappearance towards the waterfall, and we’re giving a warning but it’s not being heeded because everybody’s in this race to get down to the river,” Dr Suter said.

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Is the metaverse the future of social network?



U.S. firms like Meta, the parent company of Facebook and Microsoft are going all in on the metaverse. Meanwhile, Chinese companies appear to be taking a more cautious approach amid tighter regulation.

#metaverse #china #unitedstates #tech #veronicadudo #ozsultan #crypto

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Who will win the global metaverse race?



China is looking to invest in the metaverse market as numerous cities rollout policy proposals.

Technology continues to change our lives forever.

As new advancements are released to the public—safety continues to be a major concern.

People are interacting with computers in a different way, with the word Metaverse becoming a buzzword in both the tech and business industries.

While the term, “metaverse” is broad, it refers to a set of digital spaces online—including 3D—that allows people to do many things from socializing and learning to interacting and collaborating.

Analysts say it’s the next evolution in social connection and the successor to the mobile internet.

According to Morgan Stanley, the metaverse market could be worth $8 trillion in the future.

China’s technology giants are investing in the metavese and recently, numerous Chinese cities have announced policy proposals to attract and support metaverse companies.

This comes after tense year of regulatory scrutiny on the countries tech sector.

The Chinese city of Zhengzhou recently announced a series of policy proposals to support metaverse companies operating in the region.

The initiative involves the municipal government establishing a nearly $1.5 billion dedicated fund in an effort to foster growth and development in the industry.

So, is the metaverse taking the world by storm?

Oz Sultan from the Sultan Interactive Group joins us to discuss. #china #metaverse #veronicadudo #ozsultan #regulation #crypto #tech

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