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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world's top superpower can at least punch open a hole
HealthNeuralink

Elon Musk’s brain chip startup starts recruiting patients for its first human test with a goal of helping people control a keyboard ‘using their thoughts alone’

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September 19, 2023, 6:57 PM ET
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Elon Musk. Fatih Aktas—Anadolu Agency/Getty Images
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Neuralink, the brain implant startup led by billionaire Elon Musk, is recruiting patients for a clinical trial, a long-awaited step that brings the science fiction-esque technology closer to human reality. 

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In a blog post, the company said it was recruiting patients with quadriplegia due to cervical spinal cord injury or amyotrophic lateral sclerosis (ALS) for the trial. Neuralink plans to evaluate the safety and functionality of its tool allowing people to manipulate external devices with their minds.

The initial goal “is to grant people the ability to control a computer cursor or keyboard using their thoughts alone,” the company said in the post. 

The announcement marks a highly anticipated moment for the startup, which has created a wave of interest in the field of brain implants.

While Musk has discussed far-out targets for Neuralink — such as helping people learn languages or communicating thoughts mentally — he has also consistently said that its first project would be to help ameliorate brain injuries.

Several other companies working on similar technology have previously succeeded in embedding devices in brains. Synchron Inc. implanted its first device in a US patient via blood vessels rather than brain surgery. Synchron inserts its device via a surgical incision in the base of the neck and then maneuvers the implant to its destination in the brain.

Early Food and Drug Administration approval for Neuralink’s trial came in May this year with an investigational device exemption, which allows medical device makers to move ahead with human trials. The company said it had also received approval from the hospital where it will perform the first surgeries, but did not name the hospital.

The path to the next set of trials and eventual widespread deployment is a long one. In May, Victor Krauthamer, a professor at George Washington University and the former director of the division of Biomedical Physics at the FDA, noted: “It usually takes years.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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