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Billionaire Trump donor Bill Ackman says far-right ministers should not be in next gov’t

Noting Ben Gvir, Smotrich have caused Israel 'enormous reputational damage,' Jewish hedge fund exec says he supports Netanyahu, but PM should signal country is turning 'new page'
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Bill Ackman urges Israelis to exclude far-right ministers ahead of elections

Billionaire hedge fund investor Bill Ackman called for Israel’s next government to exclude far-right National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich days before Israeli voters head to the polls, arguing that both have damaged the country’s international reputation. “Itamar Ben-Gvir and Bezalel Smotrich have caused Israel enormous reputational damage with their statements…

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Bill Gates predicts 20 years of turmoil before AI creates 'true abundance'

Microsoft cofounder Bill Gates.
Microsoft cofounder Bill Gates.

Fabrice COFFRINI / AFP via Getty Images

  • Bill Gates says AI will bring about an age of abundance in 20 years, but it'll be a rocky road.
  • He predicted robots will displace human workers and "build houses, grow food, do surgery."
  • Some jobs might be reserved for people, and work limits could preserve employment, Gates said.

Bill Gates says AI will create "true abundance," but the next two decades before it arrives will be "as tumultuous a period as there's been in human history."

"My big concern is this 20-year transition period, where they'll have winners and losers and a lot of disruption," the Microsoft cofounder and billionaire philanthropist said on the latest episode of the "Decoder" podcast.

Gates echoed widespread concerns about white-collar jobs, saying that telesales, telesupport, and accounting will disappear as AI will be able to do those "radically cheaper, radically faster, and even more accurately." As for blue-collar jobs, humanoid robots will take over those, he said.

"If we don't choose to massively slow down or stop, then we will have robots that can build houses, grow food, do surgery," Gates said. "And none of the things that human labor provides to the economy will be necessary for most goods and services."

He also underscored how jarring it will be for someone like him, whose vast resources have allowed him to lead the charge toward eliminating malaria and tackling other humanitarian crises.

"And when the AI says to me, 'No, I'm better than you, you go play pickleball and I'll get back to you, I'm gonna take care of this' — I mean, it's kind of humorous, but it's not humorous," he said.

Gates shared his long-held view that work is vital to giving people a sense of purpose, a way to earn an income, a reason to show up every day, an avenue to build relationships with colleagues, and a path to build things and solve problems.

He suggested that certain activities such as art, sports, cooking, and childcare could one day be reserved for humans, "even though the AI could do those things better."

Gates also highlighted that measures such as early retirement and caps on working hours could help maintain some level of human employment.

He envisioned some people saying, "Let's be like the Amish and let's only use AI for certain things," so they won't have to give up "helping each other or coming up with unique ideas."

Amazon founder Jeff Bezos and JPMorgan CEO Jamie Dimon have both proposed a shorter workweek as a less painful alternative to AI-driven unemployment.

Gates is one of several tech leaders to warn of job disruption on the road to an age of abundance.

Elon Musk has predicted a "bumpy" transition and proposed government checks for all as the best solution to AI-driven job losses. He's said that technology will drive production costs so low that everyone can have "whatever stuff they want," work will become "optional," and it's not worth saving for retirement in 10 or 20 years as money won't matter.

Similarly, Anthropic's Dario Amodei has said that AI promises to "raise the quality of life for everyone," but the "short-term shock will be unprecedented in size."

However, OpenAI's Sam Altman said in May that AI hasn't eliminated as many white-collar jobs as he expected, and he no longer anticipates a "jobs apocalypse."

Despite widespread worry about AI taking corporate jobs, and high-profile layoffs at major companies such as Amazon and Meta, national unemployment hasn't increased materially during the AI boom.

Read the original article on Business Insider

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Full speed returned to Ukraine’s satellite links on Saturday morning. “We simply enforced our terms,” Musk claims after blaming Washington for 10 days

STING S interceptor

Ukraine's military satellite links work at full speed again after a cap that hobbled its drones, Ukraine's Defense Ministry said on 24 October. Hours later, SpaceX owner Elon Musk, who earlier pointed at Washington, said his company had enforced its own rules. A Ukrainian presidential adviser and a drone volunteer replied that civilian Starlink could not fly such missions.

Ukraine holds off Russia with American tools it doesn't control, so any pause decided abroad, like stalled Patriot deliveries or the Starlink cap, opens gaps in its defense. With no stated rule on what Ukraine's forces may do, the next cutoff could again come unannounced and unexplained.

Kyiv records full speed again

The ministry recorded stable connections above 400 km/h (250 mph). Before, Kyiv said, links on Starlink and its military version, Starshield, cut out above 161 km/h (100 mph).

Ukrainian President Volodymyr Zelenskyy said the restoration began overnight. "The speeds are now where they need to be," he said, citing defense against jet-powered Shahed drones. He thanked US lawmakers, the media, the State Department, and the US President, but not Musk or SpaceX.

A Ukrainian soldier installs a Starlink terminal
A Ukrainian soldier installs a Starlink terminal. Illustrative photo: Armed Forces of Ukraine

Musk: "That loophole was closed last week"

Musk replied "Correct" to an X user who called Starlink "not a weapons system." "Ukraine military violated Starlink terms of service and used it for offensive drone strikes to kill people. That loophole was closed last week," he wrote.

Correct.

Using Starlink, a civilian commercial service, for offensive drone strikes to kill people has never been allowed, nor should it be.

Starshield, a different system, is controlled by the US government. What they decide to do is up to them.

Ukraine military violated… https://t.co/ZXBB8bYfPn

— Elon Musk (@elonmusk) October 24, 2026

He called Starshield "a different system" the US government controls, and warned: "Were Starlink to be turned off, the Ukrainian front line would collapse immediately. This is NOT a threat, it is simply a statement of fact."

Musk named no evidence, cases, or time frames. Overnight, he answered a headline on the US financial blog ZeroHedge saying he "admits" SpaceX throttled Starlink.

"We simply enforced our terms of service when they were bypassed. There has been no change to our terms of service," Musk wrote.

musk, trump
Explore further

Who capped Ukraine’s Starlink? “Ultimately POTUS,” Musk said. Ultimately Musk, reports now say

When the cap hit on 14 October, Musk wrote that the US government owns and controls Starshield and that the US military and "ultimately POTUS" decide any limits. US President Donald Trump, who credited Musk with the fix while Kyiv still saw the cap, said on 24 October he had spoken to Musk about Ukraine but gave no details.

US President Donald Trump and Elon Musk in the Oval Office on 11 February 2025
US President Donald Trump and Elon Musk in the Oval Office on 11 February 2025. Photo: White House / Daniel Torok

Ukrainians note contradiction to reality

Ukrainian presidential adviser on defense technology Serhii Beskrestnov, known by the callsign Flash, wrote:

"It is very strange that Elon Musk doesn't know about the restrictions on Starlink operations in Ukraine."

Since winter 2026, every Starlink terminal over Ukraine, occupied areas included, has been limited to 70–90 km/h (43–56 mph), he said, and over Russia, Starlink does not work. "So we PHYSICALLY CANNOT USE COMMERCIAL STARLINK for deep strikes and mid-range strikes," Beskrestnov wrote. Deep strikes hit targets far inside Russia, mid-range ones targets closer to the front.

Ukrainian activist and drone fundraiser Serhii Sternenko called Musk's claim untrue. He said Ukraine introduced whitelists of terminals in February, and any terminal used on the move had to be listed and connected to Starshield.

"So using civilian Starlink for drone missions was technically impossible. All drone missions that needed satellite communication could be carried out only with Starshield," Sternenko added.

European governments help pay for Ukraine's Starlink service. Germany funds it under a contract that runs until April 2027. Polish Foreign Minister Radosław Sikorski, whose country pays around $50 million a year for the service, said on 23 October: "Mixing business with politics usually ends badly, especially when we talk about Elon Musk."

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