{"id":171644,"date":"2023-09-09T05:28:23","date_gmt":"2023-09-09T10:28:23","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2023\/09\/googles-former-ceo-is-leveraging-his-27-billion-fortune-to-shape-ai-policy"},"modified":"2023-09-09T05:28:23","modified_gmt":"2023-09-09T10:28:23","slug":"googles-former-ceo-is-leveraging-his-27-billion-fortune-to-shape-ai-policy","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2023\/09\/googles-former-ceo-is-leveraging-his-27-billion-fortune-to-shape-ai-policy","title":{"rendered":"Google\u2019s Former CEO Is Leveraging His $27 Billion Fortune to Shape AI Policy"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/googles-former-ceo-is-leveraging-his-27-billion-fortune-to-shape-ai-policy2.jpg\"><\/a><\/p>\n<p>Schmidt has become an indispensable adviser to government, even as some of his investments have won federal contracts.<\/p>\n<p>Eric Schmidt isn\u2019t shy about his wealth and power: The former Google CEO recently won an auction for a superyacht seized from a Russian oligarch, he owns a big stake in a secretive and successful hedge fund and he spent $15 million for the Manhattan penthouse featured in Oliver Stone\u2019s sequel to Wall Street.<\/p>\n<p>He has also leveraged his $27 billion fortune to build a powerful influence machine in Washington that\u2019s allowed him to shape public policy to reflect his worldview and benefit the industries in which he\u2019s deeply invested \u2014 most recently, artificial intelligence. When senators meet next week to hear from tech executives and experts about how AI should be regulated, Schmidt will be at the table.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Schmidt has become an indispensable adviser to government, even as some of his investments have won federal contracts. Eric Schmidt isn\u2019t shy about his wealth and power: The former Google CEO recently won an auction for a superyacht seized from a Russian oligarch, he owns a big stake in a secretive and successful hedge fund [\u2026]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45,1490,31,6],"tags":[],"class_list":["post-171644","post","type-post","status-publish","format-standard","hentry","category-finance","category-government","category-policy","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/171644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=171644"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/171644\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=171644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=171644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=171644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}