dc:[{"authors":[{"image":"https://fortune.com/img-assets/wp-content/uploads/2025/05/1539711582044.jpg?w=150","name":"Amanda Gerut","newsletterImage":"","url":"https://fortune.com/author/amanda-gerut/","withoutLinks":false}],"classification":{"primaryPostTag":{"databaseId":447824172,"name":"Brainstorm Tech","url":"/tag/brainstorm-tech/"}},"databaseId":4507230,"dateGmt":"2026-06-12T23:59:33Z","excerpt":"

AI tools can be the most effective and well-designed in the world, but two people can use the same tool and get to vastly different results.

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Building operational AI at scale requires more than just raw algorithmic power, business and tech experts said at Fortune Brainstorm Tech.

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The SpaceX CEO envisions a world where robots serve humans, and the output of goods and services will far exceed the supply of money, creating deflation.

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To quote the famous Jack Nicholson quote from “A Few Good Men,” you can’t handle the truth.

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AI is one of five potential drivers of health costs climbing up to 9% in 2027, according to PwC.

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Speaking at Fortune Brainstorm Tech, the internet pioneer described himself as a “huge optimist” about AI’s benefits but warned that the risks are real and predicted the backlash will play out in the 2028 U.S. elections.

\n","id":"cG9zdDo0NTA2Njk4","image":"https://fortune.com/img-assets/wp-content/uploads/2026/06/55325714210_b028a46c53_o-e1781278308397.jpg?resize=1200,600","imageAlt":"Man in a blue shirt gesturing","newsletters":{"nodes":[]},"primarySectionId":447824447,"sections":{"nodes":[{"databaseId":447824447,"name":"AI","url":"/section/artificial-intelligence/"},{"databaseId":4889854,"name":"C-Suite","url":"/section/c-suite/"},{"databaseId":220230,"name":"Future of Work","url":"/section/future-of-work/"},{"databaseId":447866881,"name":"Global","url":"/section/global/"},{"databaseId":447866880,"name":"Latest","url":"/section/latest/"},{"databaseId":447824445,"name":"Leadership","url":"/section/leadership/"},{"databaseId":447824897,"name":"Tech","url":"/section/tech/"}]},"slug":"aol-cofounder-steve-case-on-ai-major-upside-real-risk-and-probably-a-net-negative-for-jobs","title":"AOL cofounder Steve Case on AI— major upside, real risk, and ‘probably a net negative’ for jobs","url":"/2026/06/12/aol-cofounder-steve-case-on-ai-major-upside-real-risk-and-probably-a-net-negative-for-jobs/"},{"authors":[{"image":"https://fortune.com/img-assets/wp-content/uploads/2021/11/Quiroz-Gutierrez_bio.jpg?w=150","name":"Marco Quiroz-Gutierrez","newsletterImage":"","url":"https://fortune.com/author/marco-quiroz-gutierrez/","withoutLinks":false}],"classification":{"primaryPostTag":{"databaseId":371748,"name":"SpaceX","url":"/tag/spacex/"}},"databaseId":4506851,"dateGmt":"2026-06-12T17:35:46Z","excerpt":"

A combined SpaceX-Tesla could be worth more than $3 trillion.

\n","id":"cG9zdDo0NTA2ODUx","image":"https://fortune.com/img-assets/wp-content/uploads/2026/06/GettyImages-2194420968-e1781284626442.jpg?resize=1200,600","imageAlt":"","newsletters":{"nodes":[]},"primarySectionId":4889854,"sections":{"nodes":[{"databaseId":4889854,"name":"C-Suite","url":"/section/c-suite/"},{"databaseId":447866881,"name":"Global","url":"/section/global/"},{"databaseId":447866880,"name":"Latest","url":"/section/latest/"},{"databaseId":447824445,"name":"Leadership","url":"/section/leadership/"},{"databaseId":447824490,"name":"Startups & Venture","url":"/section/startups/"},{"databaseId":447824897,"name":"Tech","url":"/section/tech/"}]},"slug":"spacex-tesla-merger-gwynne-shotwell-hints-elon-musk-ipo","title":"On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’","url":"/2026/06/12/spacex-tesla-merger-gwynne-shotwell-hints-elon-musk-ipo/"},{"authors":[{"image":"","name":"Wyatte Grantham-Philips","newsletterImage":"","url":"https://fortune.com/author/wyatte-grantham-philips/","withoutLinks":false},{"image":"","name":"The Associated Press","newsletterImage":"","url":"https://fortune.com/author/associated-press/","withoutLinks":false}],"classification":{"primaryPostTag":{"databaseId":11896,"name":"Wealth","url":"/tag/wealth/"}},"databaseId":4506807,"dateGmt":"2026-06-12T16:18:45Z","excerpt":"

If $1 trillion was divided among the entire population, each person would receive almost $122.

\n","id":"cG9zdDo0NTA2ODA3","image":"https://fortune.com/img-assets/wp-content/uploads/2026/06/AP26163500989479.jpg?resize=1200,600","imageAlt":"elon","newsletters":{"nodes":[]},"primarySectionId":447824490,"sections":{"nodes":[{"databaseId":4889854,"name":"C-Suite","url":"/section/c-suite/"},{"databaseId":447866881,"name":"Global","url":"/section/global/"},{"databaseId":186,"name":"Innovation","url":"/section/innovation/"},{"databaseId":447866880,"name":"Latest","url":"/section/latest/"},{"databaseId":447824445,"name":"Leadership","url":"/section/leadership/"},{"databaseId":447824490,"name":"Startups & Venture","url":"/section/startups/"},{"databaseId":447824897,"name":"Tech","url":"/section/tech/"}]},"slug":"elons-wealth-1-trillion-dollar-bills-would-stretch-97-million-miles-to-the-moon-and-back-over-200x","title":"Elon’s wealth: 1 trillion dollar bills would stretch 97 million miles, to the moon and back over 200x","url":"/2026/06/12/elons-wealth-1-trillion-dollar-bills-would-stretch-97-million-miles-to-the-moon-and-back-over-200x/"},{"authors":[{"image":"https://fortune.com/img-assets/wp-content/uploads/2024/03/image-24.png?w=150","name":"Jason Ma","newsletterImage":"","url":"https://fortune.com/author/jason-ma/","withoutLinks":false}],"classification":{"primaryPostTag":{"databaseId":447823654,"name":"Elon Musk","url":"/tag/elon-musk/"}},"databaseId":4506446,"dateGmt":"2026-06-12T16:10:51Z","excerpt":"

SpaceX raised $75 billion on Thursday in the largest IPO ever after offering more than 555 million shares at $135 a piece, valuing the company at over $1.7 trillion.

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Musk’s new title arrives amid a wider acceleration for the richest of the rich whose level of wealth was once unfathomable

\n","id":"cG9zdDo0NTA2NjIz","image":"https://fortune.com/img-assets/wp-content/uploads/2026/06/AP26163502806572-e1781277055515.jpg?resize=1200,600","imageAlt":"","newsletters":{"nodes":[]},"primarySectionId":447824490,"sections":{"nodes":[{"databaseId":4889854,"name":"C-Suite","url":"/section/c-suite/"},{"databaseId":447866881,"name":"Global","url":"/section/global/"},{"databaseId":186,"name":"Innovation","url":"/section/innovation/"},{"databaseId":447866880,"name":"Latest","url":"/section/latest/"},{"databaseId":447824445,"name":"Leadership","url":"/section/leadership/"},{"databaseId":447824490,"name":"Startups & Venture","url":"/section/startups/"},{"databaseId":447824897,"name":"Tech","url":"/section/tech/"}]},"slug":"elon-musk-wealth-double-south-africa-gdp","title":"Elon Musk’s wealth could double the economy of his native South Africa as world’s first trillionaire","url":"/2026/06/12/elon-musk-wealth-double-south-africa-gdp/"},{"authors":[{"image":"","name":"Michael Hill","newsletterImage":"","url":"https://fortune.com/author/michael-hill/","withoutLinks":false},{"image":"","name":"Anthony Izaguirre","newsletterImage":"","url":"https://fortune.com/author/anthony-izaguirre/","withoutLinks":false},{"image":"","name":"The Associated Press","newsletterImage":"","url":"https://fortune.com/author/associated-press/","withoutLinks":false}],"classification":{"primaryPostTag":{"databaseId":31174,"name":"Elections","url":"/tag/elections/"}},"databaseId":4506723,"dateGmt":"2026-06-12T15:52:58Z","excerpt":"

The fight for Elise Stefanik’s old district is getting revealing in a very Trumpy corner of upstate New York.

\n","id":"cG9zdDo0NTA2NzIz","image":"https://fortune.com/img-assets/wp-content/uploads/2026/06/AP26161662084758-e1781279548679.jpg?resize=1200,600","imageAlt":"t","newsletters":{"nodes":[]},"primarySectionId":4889854,"sections":{"nodes":[{"databaseId":4889854,"name":"C-Suite","url":"/section/c-suite/"},{"databaseId":447866881,"name":"Global","url":"/section/global/"},{"databaseId":447866880,"name":"Latest","url":"/section/latest/"},{"databaseId":447824445,"name":"Leadership","url":"/section/leadership/"},{"databaseId":447853144,"name":"Success","url":"/section/success/"}]},"slug":"constantino-smullen-ny21-trump-primary-maga","title":"Upstate New York sticker mogul has a bronze Trump statue, MAGA hip-hop album and a presidential endorsement. The local machine wants the Marine","url":"/2026/06/12/constantino-smullen-ny21-trump-primary-maga/"},{"authors":[{"image":"","name":"Bernard Condon","newsletterImage":"","url":"https://fortune.com/author/bernard-condon/","withoutLinks":false},{"image":"","name":"The Associated Press","newsletterImage":"","url":"https://fortune.com/author/associated-press/","withoutLinks":false}],"classification":{"primaryPostTag":{"databaseId":371748,"name":"SpaceX","url":"/tag/spacex/"}},"databaseId":4506692,"dateGmt":"2026-06-12T15:33:26Z","excerpt":"

The largest IPO in history raised $75 billion Friday despite $8.7B in losses since 2025. Did your pension boost the “significantly overvalued” stock?

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Northwestern Mutual CEO: ‘Look at volatility as an opportunity, not a risk’