Schmidt's influence extends to the upcoming senate meeting where tech executives and experts will discuss AI regulation. His investments have also won federal contracts, making him a crucial adviser to the government. His recent purchases include a $15 million Manhattan penthouse featured in Oliver Stone’s sequel to Wall Street.
Key takeaways:
- Eric Schmidt, former Google CEO, is using his $27 billion fortune to influence public policy, particularly in the field of artificial intelligence.
- Schmidt has become a key adviser to the government and some of his investments have secured federal contracts.
- He recently won an auction for a superyacht seized from a Russian oligarch and owns a significant stake in a successful hedge fund.
- Schmidt will be participating in a meeting with senators next week to discuss the regulation of artificial intelligence.