Prince Alwaleed bin Talal

speaker
135 appearances 1 recordings 1 series first heard Feb 2025 last heard Feb 2025

Prince Alwaleed bin Talal’s voice in public audio — every appearance, attributed to the second.

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That's one of the attributing reasons that caused Trump to win. The American public rejected these lawsuits and all those so-called indictments or whatever they are.
Well, at least, you know, to acknowledge your mistake and to correct it is better than continuing with your mistake. Right. And to be honest with you, you know, I'm an investor in meta also. Smaller scale, not like X, but I'm an investor in X. And he's right. Look at the share price, reflect on the share price.
Well, no doubt that, you know, artificial intelligence is going to play a big role in having evolution in the whole, in the social industry, in the economics, politics, economics, finance, et cetera. So AI is just beginning. We are in the first inning right now. Yes. And there's no doubt that AI, artificial intelligence, will really impact the lives of everybody. Yeah.
Look, it's too early to judge frankly speaking right now. But I hope that the AI really is used, you know, for the good causes. We hear a lot of doomsday scenarios. You know, I talked to Musk about that, you know, I had with him three video calls and I did ask him about this question very explicitly.
And, you know, he believes that, you know, 80 to 90% will be positive, but still, you know, 0 to 10% could be evilish. So we have to be very careful about that. But I'm positive about AI because, you know, most people are really, you know, good, positive, and they'll utilize AI in a way to help the world society.
When Musk took over, they had around 8,000 people. And he fired 6,500 people and went down to 1,500. And that's all documented, obviously. Yes. And that's one of the items where I'm really upset from the legacy media, where they said they cursed Musk and X for firing 6,500 people, and they worried about their social... and how it disrupted their lives, which is fine.
I mean, eventually they'll have jobs. But no one talked about the economical and financial impact of having, firing 6,500 people on Twitter. They saved more than $2 billion. And that saved the day because, you know, many advertisers did, you know, leave X. And there are two components of profitability, increased revenues or decreased expenses.
So clear revenues did go down, but expenses went down dramatically also. So that broke even. So really that saved the day.
Yes, 6,500 people were out and X was run more efficiently because I'm always in touch with Glinda, you know, the CEO of, and I'm always in touch with Jared, right-hand man of Musk, and I'm in touch with Musk and I follow this very closely because I'm, you know, a private investor there. So we know what's going inside. The company is performing a lot better with 1,500 people.
So if Mr. Musk duplicate that, on what he's doing right now with the U.S. budget, and he can save hundreds of billions of dollars, forget $2 trillion, maybe that's a bit too extreme, but he can save hundreds of billions of dollars, and you can have America reduce its budget deficit dramatically, let alone to have it balanced, that'd be a huge achievement.
Huge achievement for Mr. Musk personally, and for the U.S. administration, Trump, and the U.S. people. You think he can do it? Look, he's a bulldozer. I know him very well. And when I talk to him, the guy is just so straight to the point, you know, no nonsense at all. If there's anyone to do it, frankly speaking, it's Musk through the dodge.
Look, they are both big figures, but Trump is president of the United States. Musk is the richest man in the world. He's one of the most powerful, if not most powerful man in the world. You have to acknowledge that. That's a fact. Yes. And I think for the sake of the United States, We want them to function very well. We want them to succeed very well.
Clearly, each one has a huge ego for sure, and rightly so. They have to have an ego. Nothing wrong with that at all. And I really sincerely hope that they can function together. Musk is a very pragmatic person, logical person, because he has a mission. He wants to cut the cost in the US system, in the US budget system, and he wants to really balance the budget as much as he can.
He told me that personally in my last phone call with him. And I believe he's given the tools, and he's given the tools, frankly speaking, and I hope they're all successful for them, frankly speaking. We all love the United States. We want America to have strong footings. You cannot be strong if you have all these budget deficits and trade deficits, and that will make you limp eventually.
Western Europe really is aging, is sick. You know, you've seen most of the West Europe specifically, wrong policies, bureaucracy, low speed and movement. You know, we see Italy, for example, under Meloni, you know, she's not the star. She's a conservative. I will not say right-wing, frankly. No. No, no, very conservative and pragmatic lady.
And look now, Italy is still, is a star in all Europe right now.
To say Italy is now the star of Europe. Yeah, I really hope that Europe wakes up because, you know, West Europe is alive United States. Of course. But really, look at the policies in England, UK, France, Germany, Spain. They are all really very much backwards. They need to wake up, frankly speaking. Can a country run without energy? It's almost impossible. You cannot, you cannot. Look at UK.
I mean, look, the labor took part, took the reign of power from the conservatives. And look where they are right now. They're exactly where the conservatives were when they left the government a few months ago.
Look, I'm not worried about that, frankly speaking, because, you know, they will always find a way to find gas, you know, whether it's United States or other parts. You see, the Arab world also did help a lot in supplying the Western Europe with gas, you know, once they shut down the pipes from Russia. I think the Biden administration blew them up. We heard about that.
Yeah, you know, I think at least they're leading to their... Look, they have so many problems in West Europe. And unfortunately, they're not being acknowledged. And you have seen a lot of right-wing parties, like in France, Le Pen, for example, coming very strongly. Yes. She may well win the elections a few years from now.
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