Reposted by Dale
the reason “AI will create so much abundance we will have a utopian society” rhetoric falls so flat is that the people building it will never, ever share their bounty unless it is taken from them and we all know it
Dale
@comtnguy.bsky.social
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Observing the insanity from the mountains of Colorado
![Kushner Disappoints Mideast Clients Who Spent Millions for Sway
Summary by Bloomberg Al
• Jared Kushner, envoy for President Donald Trump, sends WhatsApp messages to royals across the Persian Gulf and has participated in investment meetings at his private equity firm, Affinity Partners.
• Affinity Partners manages billions of dollars for Qatar, Saudi Arabia, and the United Arab Emirates, which have agreed to pay Kushner's firm tens of millions of dollars in fees annually.
• Kushner's financial interests have created a fraught backdrop as Trump tries to put an end to the biggest foreign-policy crisis of his presidency, with critics saying his twin roles as diplomat and investor have blurred lines between public policy and private profit.
By Ben Bartenstein, Annie Massa and Ted Mann
05/14/2026 09:10:25 [BN]
(Bloomberg) -- The WhatsApp messages go out, often several times a week, to royals across the Persian Gulf.
The sender: Jared Kushner, envoy for President Donald Trump - and a private investor handling billions of dollars for those same princes and emirs.
Since his father-in-law took the US to war with Iran, he's engaged in a campaign of official peacemaking and private moneymaking like none in modern American history.
Between attempts to broker peace, Kushner has participated in investment meetings at his private equity firm, Affinity Partners, which manages billions for Qatar, Saudi Arabia and the United Arab Emirates, according to a person familiar with the matter.
Those three energy-rich Gulf states aren't just longtime allies of Washington but also key Affinity clients: They've agreed to pay Kushner's firm tens of millions of dollars in fees annually in hopes of gaining influence at the White House as well as returns for their portfolios, according to people familiar with the matter. Trump's decision to move forward with an Iran war that all three opposed shows the constraints of that approach.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:kdgcvfaickr7turpo6suzbqp/bafkreiezordjescula3gylms5bslekd3uxnrvk6urq62ponvpgnqgc2qj4)
