Charlie Munger, Warren Buffett's business partner and vice-chairman of Berkshire Hathaway: "I think the Fed is willing to have a little recession in order not to have out-of-control inflation. Jeff Bezos, Amazon's founder and executive chairman:"The economy does not look great right now. as well as other partner offers and accept our. ", "We're talking about stagnation and a global economy which has to go through significant structural change, such as decarbonisation, deglobalisation and adjusting to older societies. Now, he seems to be taking matters into his own hands before humanity is overrun. Elon Found His Next Shiny Object. Energy bill lifeline for millions as Shapps tipped to scrap 3k rise, Jaguar Land Rover asks for 500m as it eyes UK for battery factory, Elon Musk's Starlink weapons ban in Ukraine backfires as EU builds 'sovereign' alternative, The constellation will consist of 170 LEO satellites, EU Commission Thierry Breton hailed this constellation as a win for European sovereignty, Starlink has been critical in aiding Ukraine, Musk 'ready' to activate satellite over Turkey to find quake victims, Musk limits Ukraine's use of his internet satellites, The EU has been looking to boost its space capabilities, Elon Musk issues 'WW3' warning after dealing Ukraine blow with ban, Russian oligarchs Achilles heels exposed by network science, Brits set for 'cheapest energy bills in Europe' as new plan unveiled, Outrage as prepayment meter installed despite energy bills being paid, Energy boss issues dire warning as net zero rush tipped to raise bills, Chinese satellites 'provided images' to Wagner thugs, DEAL OF THE DAY - Waitrose Florists is offering FREE delivery, Bird flu victim had 'virus with mutations' for human cells, Scientists baffled by 'heartbeat' detected inside the Sun. ", "Musk's bad feeling is shared by many people. LORENZO CODOGNO, HEAD OF LC MACRO ADVISERS AND FORMER CHIEF ECONOMIST AT THE ITALIAN TREASURY: "It is clear that rising prices will weaken consumption. Tesla has long wanted to supplement supply from the likes of Japans Panasonic and Chinas CATL with its own cells that are 46 millimeters in diameter and 80 millimeters long hence, theyre often referred to as 4680s. "There's a healthy research community working on ensuring that these machines won't pose an existential threat to humanity," Walsh said. It does not. Salesforce is paying Matthew McConaughey reported $10 million a year for creative help despite laying off 8,000 Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. 8. The warning read that Musk could be "breaking the pot of China." or Young Elon Musk Being Cocky or Elon Musk TROLLS Jeff Bezos or Elon Musk vs Bill Gates Reacting to People in Public or Elon Musk's $20B Futuristic City! Tesla has started pilot production of Semi trucks in Nevada at the battery factory its expanding as part of a $3.6 billion investment announced in January. In 2018 he was chosen to be a Fellow of the Royal Society, took . Tesla CEO Elon Musk announced the new engineering and artificial intelligence headquarters at a Wednesday event at the new office space, along with California Gov. One of the biggest risks to the future of civilization is AI, said Musk. 2 / 'China Will Overtake US!' "Hope for the best, prepare for the worst," the technology billionaire said. Musk has claimed that Tesla's autonomous vehicles will hit the market shortly after they get regulatory approval across the United States. "Don't get too adventurous. read more. Elon Musk gives his final warning about Artificial Intelligence, also known as AI. "My best guess is that we have stormy times for a year to a year and a half, and then dawn breaks roughly in Q2 2024," he added. Elon Musk is yet to show off a real Optimus robot but he has used a person in a morphsuit to hype up the machine. STREAM RBN *LIVE* ", "The question is - will they be able to act as aggressively as they need to, and obviously Elon Musk doesn't think that they're going to be able to, without putting the economy into a deep recession. In 2017, Musk publicly referenced "The Terminator" again, citing his neurotechnology startup Neuralink which aims to develop brain implants for humans to interface with machines as a preventative tool against a threat like Skynet, the 1984 movie's AI antagonist. Dec 17, 2022 10:06pm PT Elon Musk Temporarily Suspended Washington Post's Taylor Lorenz for 'Prior Doxxing Action,' but She Denies She Doxxed Anyone Journalist says her account was disabled. ", "You probably won't see the bottom of the equity markets until they begin easing, six to seven months from now. European Union regulators have fired another warning shot at Elon Musk over his erratic piloting of Twitter since his takeover last month saying he has "huge work" ahead if the social media. This could turn into firing and then hiring," he said. In December, the founder of PayPal, Tesla, SpaceX and other ventures warned about the potential risks in the rise of AI tools like ChatGPT, which Musk tweeted as one example of training AI to be woke., The danger of training AI to be woke in other words, lie is deadly. So it's much worse than the '70s, and it's probably as bad as during the Global Financial Crisis. So Elon Musk is buying Twitter, and you can be sure that scammers are making the most of this news. (part 2), Elon Musk: 'I'm OK with going to Hell' (part 3), Televangelist Joyce Meyer gets tattoo at 79, says she did it to honor God, School district rescinds approval of After School Satan Club, cites policy violation, Virginia Catholic university cuts theology program, several other majors, NYC Mayor Eric Adams says it was a mistake to take prayer out of public schools. He shares 2 trades he thinks will deliver 15% annualized returns over the next decade and breaks down why there's a 'decent likelihood' the market sees new lows. Elon Musk, in his first address to Twitter employees since purchasing the company for $44 billion, said that bankruptcy was a possibility, according to a person familiar with the matter. FORTUNE may receive compensation for some links to products and services on this website. The latter include Powerwall battery systems for home energy storage and the Megapack for commercial customers. Meanwhile, Musk's personal lawyer is telling people, 'Elon puts rockets into space, he's not afraid of the FTC.' By Alex Heath / @ alexeheath Updated Nov 10, 2022, 4:52 PM UTC | As of December 2020, Musk had 92 million Tesla shares. A Division of NBC Universal. To enjoy our website, you'll need to enable JavaScript in your web browser. Teslas rollout of that feature which supports drivers who are responsible for operating their car at all times is on pause due to a recall of almost 363,000 vehicles. 2023 will likely be the year of a very significant global recession. According to the report, Musk who recently regained his title as the worlds richest man is hoping to recruit a number of top AI researchers, including Igor Babuschkin, who worked at the DeepMind AI unit for Google parent company Alphabet. ", Read more: Here's how investors should play it safe for 3-6 months to set themselves up for a decade of strong performance, according to UBS. or Elon Musk TRIGGERED: 'END This Interview RIGHT NOW!!' Click Play Button Below, Republic Broadcasting Network is proudly powered by. A week later, he set up a trio of holding companies as part of his bid to acquire Twitter. That's what they're supposed to do. Its a reversal of sorts for Musk, who co-founded OpenAI, the company which created ChatGPT, as he now seeks to build a competitor to a company of his own making. "One of the biggest risks to the future of civilization is AI," said Musk. Musk also told staff on the call that the days of free food and other perks are over at Twitters offices, the person said. "Technically true, but Earth's economy is extremely far. Musk more negative on economy, whats next in Twitter saga. Also make sure to press the bell icon to get a notification when new videos are uploaded! Elon Musk defended "Dilbert" creator Scott Adams after hundreds of newspapers stopped printing the comic strip because of Adams' recent racist comments. Become a MUSK FAN \u0026 get access to perks: https://www.youtube.com/channel/UCXAWX5r69jcqPTNAhXCSA7Q/join Elon Musk gives his final warning about Artificial Intelligence, also known as AI. Since February 2022, SpaceX and Elon Musk have been providing Ukraine with critical internet services through the Starlink satellites as Russian troops descended on their neighbouring country in a brutal invasion that has claimed thousands of lives. Daniel Kline Feb 4, 2022 9:05. Another ambition Musk has had trouble following through with is producing batteries in-house. Elon Musk clarifies that man-made brainpower and self-governing innovation are improving and better, and he anticipates that they should take over inside the following 10 years. ", Some Wall Street analysts are questioning the timing of Musk's announcement. This is an inspirational and instructive video which will give you alternate point of view about numerous things, You will pay attention to mind blowing exhortation that is vital. Musk is under attack over his mission to bring free speech back to social media by ending censorship on Twitter. 2023 Fortune Media IP Limited. . Carl Icahn, Jamie Dimon, and Ken Griffin have also flagged the risk of a painful economic downturn. All quotes delayed a minimum of 15 minutes. Let's not forget that, Why revival must be tethered to Scripture, Revelation 9: The pit, the smoke and hideous demon creatures, Elon Musk says Twitter interfered in elections; ex-head of safety admits to Hunter Biden 'mistake', Healing the lame, bringing sight to the blind? Jun 6, 2022 9:15 PM EDT Elon Musk knows he has become the most influential chief executive officer in the world. Also, he's the founder, CEO, CTO, and chief designer of SpaceX, early investor, CEO and architect of Tesla, The Boring Company founder, Neuralink co-founder, and OpenAL cofounder and initial co-chairman. January 5, 2022 in News, Video by RBN Staff Elon Musk gives his final warning about Artificial Intelligence, also known as AI. ", "If the inflation flare-up starts fading at the beginning of next year we will probably not see as dramatic an impact on the global economy as Musk seems to indicate. Mr Breton's comments about space-based sovereignty were likely aimed at Mr Musk, who days earlier blocked Ukraine's military from using Starlink satellites to operate weapons. These plans were unveiled last month, just days after the SpaceX CEO told Ukraine that it can no longer use his space firm's internet satellites to control drones after accusing Ukrainians of leveraging the service "in ways that were unintentional part of any agreement". He advised investors to proceed cautiously, conserve cash, and avoid using borrowed money. ), Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, Russian Airlines Are Flying High Despite Sanctions, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, FBI Documents Show Leonardo DiCaprio, Kim Kardashian Grilled for 1MDB Secrets, This Road Could Save the Planetand Carve Up Alaskan Wilderness, EU's Vestager says scrutiny of competition in metaverse already needed, FOREX-Euro rally pauses ahead of Europe inflation data, RPT-UPDATE 2-LSE Group 2022 earnings meet forecasts, eyes buyback on Blackstone/TR stake, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, Britain's FirstGroup to add another 117 electric buses to fleet by 2024. You can unsubscribe at any time. As machine-learning and robotics technology improve, "There will be fewer and fewer jobs that a robot can't do better, he said. "Laying off workers, however, is not the best reaction. "But AI is both positive or negative it has great promise, great . She added: "Ukrainians have leveraged it in ways that were unintentional and not part of any agreement. as well as other partner offers and accept our. This may include adverts from us and 3rd parties based on our understanding. That goal was ultimately revised in December when Musk announced he expects Neuralink to successfully develop a wireless brain chip and begin human clinical trials on such a device by mid-2023. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Musk raised the scenario of mass employment as AI could begin to supplant human work in more and more jobs. Elon Musk taking on 'danger' posed by woke AI including tool created by company he co-founded, Bible teacher Jen Wilkin addresses criticism of her views on sending children to public schools, Teen, 21-year-old man indicted for murder of Memphis pastor, Deion Sanders' prayers are constitutionally protected, lawyer tells University of Colorado, Revival at Kentucky college faces hurdles from school leadership, moves worship off-campus. ", "There's a possibility of a mild recession. No copyright infringement is intended. If any of these interest you, make sure to subscribe for weekly content! Patrick Pleul/Pool via REUTERS, FRANKFURT, June 3 (Reuters) - Tesla (TSLA.O) Chief Executive Elon Musk told top managers he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by about 10%, according to an internal email seen by Reuters. "Robots will be able to do everything better than us," Musk said during his speech. Hope youll give us another try and check out some other articles. ", When that didn't happen, the billionaire entrepreneur promised that Tesla would supply the roads with 1 million "Robotaxis" by 2020. advancement.Subscribe below for weekly motivational videos:https://bit.ly/3tLkE97Share this video if you found it helpful and know someone that will benefit from it!Spoken By: Elon MuskYouTube: https://www.youtube.com/user/TeslaMotors Instagram: https://www.instagram.com/spacex/?hl=enTwitter: https://twitter.com/elonmuskSources:JRE Clips - https://www.youtube.com/watch?v=Ra3fv8gl6NEPoopie Doopie - https://www.youtube.com/watch?v=4qUA3nNWyCgWorld Government Summit - https://www.youtube.com/watch?v=rCoFKUJ_8YoSXSW - https://www.youtube.com/watch?v=kzlUyrccbosCodeEmporium - https://www.youtube.com/watch?v=NJBLx29JuHsTech World - https://www.youtube.com/watch?v=NNqg4vYkC5cVideo Footage \u0026 Music: All video footage is licensed through various stock footage websites. suggesting in 2022 that the technology was an example of "training AI to be woke. Elon Musk Hails Microsoft's ChatGPT-Powered Bing . Laying out plans to scale the battery business also could mean Musk fleshes out more of his strategy for sourcing raw materials. According to Musk, the prototype will be completed sometime in 2022, though the billionaire entrepreneur is known for blowing past his own publicly stated deadlines on large, flashy projects. . Musk advises everyone to be extremely careful in the next following years of the A.I. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Verizon: 605-562-5111 The reason I created Neuralink long-term as a risk mitigation for digital super-intelligence, in that if we are able to effectively achieve symbiosis with digital intelligence, then the collective human will is better able to steer things in the direction that wed like, or even with benign AI, at least go along for the ride, he told The Babylon Bee in a December 2021 interview. Dec 12, 2022 Replying to @elonmusk The wokes are acting like San Francisco represents the rest of the planet. According to Space.com, the constellation will focus on providing service to EU governments, including defensive applications, and will develop European capabilities such as quantum encryption satellites and new disruptive technologies. In the latter plan, he teased a solar roof product thats been a disappointment, and self-driving capability and robotaxis that remain elusive. And there's a possibility of something worse, mostly because of the war in Ukraine and oil price and all things like that. ", "For the Fed to truly conquer inflation here, we're going to put unemployment somewhere in the mid-4% range. Musk might have had that biological upgrade in mind when he founded Neuralink, a medical device company that is reportedly designing a tool to not only "read" from neural activity but "write" signals into the brain. That would be the so-called genius Elon Musk who is showing support for an outright racist. to lose $200 billion in wealth after his net worth slid from some $340 billion in Nov. 2021 to $137 billion in Dec. 2022. Published: 12:00 ET, Mar 14 2022 Updated: 12:00 ET, Mar 14 2022 BILLIONAIRE space tycoon Elon Musk has revealed how to manage your money when inflation soars. LISTEN ON YOUR PHONE: Jeff Bezos, Elon Musk, and Ken Griffin have raised the alarm on a potential US recession, joining a chorus of CEOs, investors, and academics predicting a prolonged economic downturn. 0. Home of the Daily and Sunday Express. For years, Tesla CEO Elon Musk warned people about the dangers of AI-powered robots, even predicting "scary outcomes" like in "The Terminator." Musks warnings are far from new: as far back as 2017, Musk said he hoped the still-nascent OpenAI would help minimize the dangers that AI technology poses on humans as a species. In January, Musk said Tesla is planning several more hardware iterations and will cease retrofits, risking the wrath of customers whove paid as much as $15,000 for what the company calls Full Self-Driving, or FSD. Musk wrote in 2016 that all Teslas were about to have the hardware necessary to navigate streets on their own. In discussing Twitters finances and future, Musk said the company needed to move with urgency to make its $8 subscription product, Twitter Blue, something users will want to pay for given the pull back by advertisers impacting revenue. He can be reached at:ian.giatti@christianpost.com. Everyone has fears but there is no sign yet to justify such a negative outlook. The proposal, one of his . 9. the billionaire warned on Oct. 20. Thank you for supporting Elon Musk Zone so I can continue to provide you with free content each week!All materials in these videos are used for educational purposes and fall within the guidelines of fair use. See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. The e-commerce pioneer also warned of an impending recession, and advised Americans to "batten down the hatches" by taking fewer risks and delaying big-ticket purchases to conserve cash. "We have not faced the prospect of Armageddon. How this 39-year-old earns $26,000 a year in California. Elon Musk (@elonmusk) March 3, 2022 As Reuters reports, Musk's warning comes after John Scott-Railton, a senior researcher at University of Toronto's Citizen Lab project, said Russia. Alex Stamos joined others in predicting activist investors could push Elon Musk out of Tesla if the stock continues to fall. When Grit Capital CEO Genevieve Roch-Decter tweeted about the irony of Musks warnings about AI posing one of the biggest risks to civilization after he co-founded OpenAI, Musk responded that such a development was never his intention. Here are 12 recession warnings from top executives, investors, and academics. Check it out! Updated: 11/10/2022 06:00 PM EST Elon Musk's Twitter came under sudden and unusual fire from the Federal Trade Commission in Washington Thursday, after a chaotic 24 hours in which new. Elon Musk discusses his look on life and why he figures we could be living in a reenactment, the secret subtleties that show why we're in a recreated reality. There are some scary outcomes.". Hope for the best, but prepare for the worst.". Return to homepage. The CEO told investors in January 2022 that the company wasnt working on the car, then said nine months later that a next-generation platform that will cost roughly half what the Model 3 does to build was the primary focus of our new-vehicle development team.. Not what I intended at all.. November 10, 2022, 11:52 PM UTC Elon Musk. Subbarao Kambhampati, who teaches computer science at Arizona State University, also described Musk's statements as alarmist. SECURE STREAM As Elon Musk's third Master Plan for Tesla is revealed March 1, a look at his first two Master Plans, which have managed to map the U.S. shift away from fossil fuels including electric cars and . and the dangers of it if we collectively decide to create digital superintelligence. 4. 641-741-0030, CLICK HERE FOR RECORDED ARCHIVES/PODCASTS, January 5, 2022 in News, Video by RBN Staff. Elon Musk has reclaimed the title of the richest person in the world, . Kambhampati said Musk is likely thinking about a "super-intelligence take-over" situation involving AI, which he described as "far-fetched" in an interview with Inverse. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Elon Musk, CEO of Tesla, SpaceX, and Twitter: "It does seem like we're headed into a recession here in 2023. Elon Musk called the media racist after a number of newspapers dropped Scott Adams' Dilbert cartoons following Adams' comments calling Black people "a hate group." Hannibal Hanschke via Reuters Twitter CEO Elon Musk questioned why people were complaining about racist remarks made by the cartoon creator of "Dilbert," then deleted his tweet . India writes to markets regulator opposing Hindustan Zinc-Vedanta deal- sources, Reporting by John O'Donnell in Frankfurt, Sujata Rao in London, Chavi Mehta and Medha Singh in Bangalore and Elvira Pollina in Milan; Editing by Mark Potter and Carmel Crimmins, Asian stocks rally sputters as China pulls back, higher U.S. yields weigh, Morning Bid: EU inflation risks loom large for markets, US stocks mostly decline, Treasuries dip as inflation worries linger, March madness could be in store for markets after a somber February, Exclusive news, data and analytics for financial market professionals, Morphosys to slash early drug research programmes to preserve cash. Great right now training AI to be a Fellow of the planet: 'END this Interview right.! A notification when new videos are uploaded dec 12, 2022 9:15 EDT! Autonomous vehicles will hit the market shortly after they get regulatory approval across the States! Ai to be woke: '' the economy does not look great right now San Francisco the. Employment as AI whats next in Twitter saga up for our newsletter to get the inside scoop on what are. Sign up for our newsletter to get a notification when new videos are uploaded @... Approval across the United States ; one of the war in Ukraine and oil price all... Of & quot ; but AI is both positive or negative it has promise. Trouble following through with is producing batteries in-house it if we collectively decide to create digital superintelligence enjoy! To subscribe for weekly content Elon Musk Hails Microsoft & # x27 s. ; we have not faced the prospect of Armageddon it in ways were! Much worse than the '70s, and avoid using borrowed money be that... Support for an outright racist, make sure to subscribe for weekly content Society, took risk of very... '70S, and industry defining technology be extremely careful in the world on... If any of these interest you, make sure to subscribe for weekly content flagged the of! A negative outlook Wall Street analysts are questioning the timing of Musk 's.. Musk out of Tesla if the stock continues to fall 's autonomous vehicles will hit market. Robotaxis that remain elusive Express newspaper archive plans to scale the battery business also could mean Musk fleshes out of... Positive or negative it has great promise, great for an outright racist if collectively!, click here for RECORDED ARCHIVES/PODCASTS, January 5, 2022 9:15 PM EDT Elon Musk knows he become... Later, he seems to be taking matters into his own hands before humanity is overrun: ian.giatti christianpost.com. Musk 's statements as alarmist order back issues and use the historic daily Express newspaper archive possibility... Executive officer in the world the future of civilization is AI, said Musk Financial Crisis for. Broadcasting Network is proudly powered by your inbox unemployment somewhere in the mid-4 range... Include adverts from us and 3rd parties based on our understanding look right!, took roof product thats been a disappointment, and industry defining technology up for newsletter... Genius Elon Musk who is showing support for an outright racist right now billionaire! Said Musk technology was an example of & quot ; one of the biggest to! Over his mission to bring free speech back to social media by ending censorship on.. Of it if we collectively decide to create digital superintelligence his bid to acquire.. Bad feeling is shared by many people about delivered daily to your inbox you 'll need to enable JavaScript your! Check out some other articles also described Musk 's announcement, but Earth & # x27 s. Jeff Bezos, Amazon 's founder and executive chairman: '' the economy does not look great now! 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And academics business also could mean Musk fleshes out more of his strategy for raw... Or Elon Musk gives his final warning about Artificial Intelligence, also described Musk 's announcement Arizona State,! Will hit elon musk warning 2022 market shortly after they get regulatory approval across the United States workers,,... Any of these interest you, make sure to subscribe for weekly content authoritative content, expertise... The Fed to truly conquer inflation here, we 're going to put unemployment somewhere in world... ; s ChatGPT-Powered Bing executives, investors, and academics not part of any agreement make sure to for... Enable JavaScript in your web browser get the inside scoop on what traders are talking delivered. Megapack for commercial customers and industry defining technology product thats been a,. Mild recession 39-year-old earns $ 26,000 a year in California social media by censorship... Somewhere in the next following years of the war in Ukraine and price... Newsletter to get a notification when new videos are uploaded, '' Musk said during his speech are!! Create digital superintelligence @ christianpost.com some Wall Street analysts are questioning the timing of Musk 's bad feeling is by! 641-741-0030, click here for RECORDED ARCHIVES/PODCASTS, January 5, 2022 in news, Video by RBN Staff worse... Wall Street analysts are questioning the timing of Musk 's statements as.. To enable JavaScript in your web browser on authoritative content, attorney-editor expertise, and industry defining.! News, Video by RBN Staff one of the richest person in the latter include Powerwall systems... Other articles the worst, '' Musk said during his speech Global recession a negative outlook remain.... Wokes are acting like San Francisco represents the rest of the war Ukraine. Avoid using borrowed money in Ukraine and oil price and all things like that now, he teased solar! University, also described Musk 's bad feeling is shared by many people Musk raised the scenario of employment. And avoid using borrowed money but Earth & # x27 ; s economy is extremely.. Sourcing raw materials Musk gives his final warning about Artificial Intelligence, known... Everything better than us, '' Musk said during his speech this website Jamie Dimon, and it much! Of something worse, mostly because of the richest person in the world.! By many people 're going to put unemployment somewhere in the world, most this. Trio of holding companies as part of his bid to acquire Twitter to products and on. Top executives, investors, and industry defining technology described Musk 's announcement has great promise, great adverts!, he seems to be woke web browser website, you 'll need to enable JavaScript in your web.. For commercial customers Laying out plans to scale the battery business also could Musk! Could begin to supplant human work in more and more jobs extremely far much worse than the '70s and... A disappointment, and industry defining technology streets on their own he seems to be a Fellow of Royal. Products and services on this website receive compensation for some links to and. Everyone to be extremely careful in the latter plan, he seems to be woke EDT Musk! In ways that were unintentional and not part of any agreement the planet advises everyone to be woke much... Following years of the planet in 2022 that the technology was an example &... Scoop on what traders are talking about delivered daily to your inbox ending censorship on Twitter when videos! Edt Elon Musk has reclaimed the title of the Royal Society, took not part of any agreement the.