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Politics Javier Milei will meet with Elon Musk to advance an agenda linked to investments in Argentina and artificial intelligence - Infobae

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Javier Milei will meet with Elon Musk to advance an agenda linked to investments in Argentina and artificial intelligence - Infobae​

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May 06, 2024

The President and the powerful businessman will participate as speakers at the global conference organized by the Milken Institute, and during the meeting they will seek to define a roadmap for ventures in technology, energy and communications

By Romanian Lejtman


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Javier Milei and Elon Musk during the meeting they held in Austin (Texas)

(From Washington, United States) During the global convention organized by the Milken Institute in Los Angeles, Javier Milei will meet today with Elon Musk to define a roadmap on possible investments in technology and mining . In addition, the Argentine president and the powerful South African businessman will discuss the daily impact of artificial intelligence and its application in economic development.


“Artificial intelligence will make us a world power ,” Milei commented in Los Angeles. And regarding her conclave with Musk, she told her entourage: “I want you to invest. Wherever you want .”


Milei is in California accompanied by the Chief of Staff, Nicolás Posse, the Minister of Economy, Luis Caputo, the Secretary General of the Presidency, Karina Milei, and the ambassador to the United States, Gerardo Werthein. In addition to the meeting with Musk, the President will give a conference in the afternoon - Argentina's night - and will meet with Gianni Infantino, head of FIFA.


The head of state's presentation will focus on the market economy and convergence as a tool to accelerate the development of countries. He will be the keynote speaker and his lecture would last one hour.


“I'm going to talk about growth economics, which has a concept called Convergence. That means that developing countries grow faster than developed countries, and sooner or later, they catch up. That is what is called the Convergence,” Milei explained when asked about her conference in Los Angeles.


And he added to his advisors: “So, when you open yourself to the Market Economy , when you open a process of freedom, the country no longer has to discover technological advances, because developed countries have already discovered them. England doubled its GDP in 100 years, and the United States, in fifty years, and China in seven. This is how convergence impacts discovery processes. And that is key for Argentina.”

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Javier Milei received Guillermo Barros Schelotto in Los Angeles

During the afternoon, the President received the former Boca Juniors player, Guillermo Barros Schelotto . Milei is a Boca fan, and together they remembered historical moments at La Bombonera. In addition, the head of state was visited by the plastic artist Fabian Pérez , who gave him a painting that reproduces the poster for the movie Napoleon starring Joaquin Phoenix. Pérez knows how to illustrate, but he missed modern history classes.

That poster for Ridley Scott's film copied a painting by Paul Delaroche - Napoleon abdicating at Fontainebleau -, which was painted in 1846. Delaroche exhibits the French emperor on the eve of his first abdication (April 11, 1814), when his dream of power was in check.

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The artist Fabián Pérez gave a painting to Javier Milei

Posse, Caputo and Werthein yesterday participated in the Finance Leaders meeting that was led by Michael Piwowar, executive vice president of the Milken Institute. Joining the government representatives were Kristalina Georgieva -IMF- and Josh Frost -Treasury of the United States-, and important global bankers and investors.

Posse and Caputo are not expected to hold a formal conclave with Georgieva, and it is ruled out that the managing director will be received by Milei. The president wants an extra disbursement of $15 billion to strengthen the Central Bank's reserves and thus lift the financial trap, a request that Georgieva has resisted for three months.
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The Argentine ambassador to the United States, Gerardo Werthein, and the Chief of Staff, Nicolás Posse, during the global investors conference organized by the Milken Institute
In addition to his conference on market economy and his meeting with Musk, MIlei will receive Gianni Infantino, head of FIFA. The president is interested in Sports Limited Companies (SAD) , as a Government initiative to reformulate the finances of Argentine soccer clubs.

Milei returns to Buenos Aires today, while the Milken Institute convention concludes tomorrow. Bill Clinton will close the convention, in a speech that already causes a lot of expectation. It is a Republican scenario, which will hear from a former Democratic president, five months before the elections between Joe Biden and Donald Trump.
 
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