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The New Youngest Self-Made Billionaire In The World Is A 25-Year-Old College Dropout

Posted on 5/26/22 at 7:40 am
Posted by LSUDVM1999
North Carolina
Member since Aug 2010
2063 posts
Posted on 5/26/22 at 7:40 am
LINK

quote:

Wang’s six-year-old San Francisco–based company, Scale AI, has already inked three contracts worth up to $110 million, contingent on the government’s needs, to help America’s Air Force and Army employ artificial intelligence. Pretty impressive for a 25-year-old.

Scale’s technology analyzes satellite images much faster than human analysts to determine how much damage Russian bombs are causing in Ukraine. It’s useful not just for the military. More than 300 companies, including General Motors and Flexport, use Scale, which Wang started when he was 19, to help them pan gold from rivers of raw information—millions of shipping documents, say, or raw footage from self-driving cars. 
A $325 million funding round last year valued Scale, which generates an estimated $100 million in revenue, at $7.3 billion. Wang’s estimated 15% stake is worth $1 billion, making him the world’s youngest self-made billionaire. (The next-youngest is Pedro Franceschi, the 25-year-old Brazilian cofounder of credit card company Brex.)

Posted by GreatLakesTiger24
COINTELPRO Fan
Member since May 2012
55545 posts
Posted on 5/26/22 at 7:45 am to
(Tech) geniuses dropping out of college and starting outrageously successful business has done immense damage to retarded high school and college students all over the country
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65497 posts
Posted on 5/26/22 at 7:47 am to
“ This is my friend Mr. Wang . . . no offense!”
Posted by The Boat
Member since Oct 2008
164011 posts
Posted on 5/26/22 at 7:48 am to
That Wang’s got a big head
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134837 posts
Posted on 5/26/22 at 7:50 am to
So he's an estimated billionaire due to inflated stock valuation
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16302 posts
Posted on 5/26/22 at 7:52 am to
China spy
Posted by Porter Osborne Jr
Member since Sep 2012
39963 posts
Posted on 5/26/22 at 7:52 am to
Yup, this dude dropped out of MIT not BRCC.
Posted by Shexter
Prairieville
Member since Feb 2014
13827 posts
Posted on 5/26/22 at 8:11 am to
quote:

Wang




quote:

As a kid, Wang was a math whiz who competed in national math and coding competitions. In 6th grade, he signed up for his first national math competition intent on securing a free ticket to Disney World. He didn’t win the competition, but he clinched his trip to the magic kingdom. By 17, he was working full-time coding at the question-and-answer site Quora, where he met Scale’s cofounder, Lucy Guo. He made a quick detour to MIT to study machine learning and started Scale with Guo the summer after his freshman year, with an investment from Y Combinator. “I told my parents it was just going to be a thing I did for the summer,” Wang says. “Obviously, I never went back to school.”
Posted by The Torch
DFW The Dub
Member since Aug 2014
19236 posts
Posted on 5/26/22 at 8:18 am to
Wang’s

He still has a 3 inch pecker
Posted by jamboybarry
Member since Feb 2011
32640 posts
Posted on 5/26/22 at 8:20 am to
When “learn to code” goes right
Posted by TigerDog83
Member since Oct 2005
8274 posts
Posted on 5/26/22 at 8:20 am to
Article says he sold his product to the government. Artificial market created by our tax dollars. Sounds like a very smart person but let’s not act like this would be possible without the government meddling in the first place.
Posted by rented mule
Member since Sep 2005
2355 posts
Posted on 5/26/22 at 8:24 am to
quote:

Wang


Don't tell 'em you're Jewish.
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
49488 posts
Posted on 5/26/22 at 9:01 am to
quote:

America’s Air Force and Army employ artificial intelligence.


Skynet is here. I welcome our new robot overlords
Posted by wareaglepete
Lumon Industries
Member since Dec 2012
10921 posts
Posted on 5/26/22 at 9:12 am to
quote:

Scale AI, has already inked three contracts worth up to $110 million, contingent on the government’s needs, to help America’s Air Force and Army employ artificial intelligence.


Someone from the future is probably going to come back in time and try to kill this guy.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 5/26/22 at 9:16 am to
quote:

Article says he sold his product to the government. Artificial market created by our tax dollars. Sounds like a very smart person but let’s not act like this would be possible without the government meddling in the first place.


quote:

TigerDog83



WTF exactly is your point? HE analyzed the market available to him and exploited it.

I don't think you have a point. Governments do shape markets, but it is up to capitalists to exploit them.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2917 posts
Posted on 5/26/22 at 9:30 am to
AI will be the extinction of humans.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 5/26/22 at 9:31 am to
quote:

He still has a 3 inch pecker


Lotta unaccomplished jealous mfers in here
Posted by grizzlylongcut
Member since Sep 2021
9328 posts
Posted on 5/26/22 at 9:38 am to
quote:

Scale AI


Musk will stop him.
Posted by JinFL
Jax, FL
Member since Oct 2004
3928 posts
Posted on 5/26/22 at 10:06 am to
Wang should've been the name of Jackass 4.5
Posted by RockyMtnTigerWDE
War Damn Eagle Dad!
Member since Oct 2010
105375 posts
Posted on 5/26/22 at 10:08 am to
Who wants to be right when being Wang is so much better.
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