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Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

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Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#81
post #19

Reid Hoffman hates Musk. Think what you will of Musk (we all have our opinions), but Hoffman criticizing one of Musks companies is the equivalent of Steve Jobs criticizing Windows. Its a personal quibble and therefore not really news worthy.

Steve Jobs did have valid criticisms of Windows.

Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#83
post #4

This shows how out of touch people like Reid Hoffman is. He thinks it's a daming accusation that SpaceX is "not AI" but in reality "not AI" means rockets and satellite internet. The parts of the business his class cares about is the garbage, not the substance Agree that X.ai is a tire fire.

Rockets and Starlink do not support even a fraction of the valuation given their revenue projections.

In a sane market neither will generative AI, but that’s what’s propping up this valuation at present.

So you appear to agree with him that the valuation is nonsensical.

Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#84
post #62

Earlier quoted context omitted.

It’s like Bill Gates criticizing Apple… if you really want to split hairs about the analogy used.

This is not a very good comparison because Jobs was well known for very pointed and accurate critique of software, which was one of his super powers at Apple. Bill Gates was known for figuring out how to manage software engineering, but nobody would listen to Gates about that, and in fact the only time I ever saw him critique software, talking about the complete usability failure of Windows and Microsoft's supporting…

It’s an analogy, it’s always going to be imperfect!

Jesus Christ.

Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#85
post #70

Earlier quoted context omitted.

As the article said, Reid Hoffman is on Microsoft’s board and is an investor both in OpenAI and Anthropic.

So, a guy with probably one of the largest incentives in the world to trash xAI is trashing xAI? The information content of this is rather minimal. Even if everything he says is literally true it's hard to tell through the massive, massive vested interest he has. And it doesn't help that... 'Hoffman, who is an investor in both Anthropic and OpenAI, pushed back firmly on the narrative that the two companies are in a z…

Is xAI being used by any professionals? I see them acting as a data center rental service for the others, but that doesn’t justify their valuation imo. They seem to be behind on everything and don’t seem to have any relevance. The cursor purchase may change that but for how long?

Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#87
post #20

How is Reid Hoffman relevant? Someone like Elon being asked for their opinion on tech - I kind of understand - was at least at the coal face of SpaceX and Tesla for a time, seemed to understand the tech and was not terrible when it came to direction. Zuck I'd get, Bezos, Dario, Sam - but I don't actually get why Reid is always in the conversation - he's never been in front of anything

Is Elon credible? He's been wrong so so many times about "full" self driving: https://en.wikipedia.org/wiki/List_of_predictions_for_autono...

Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#89
post #63

Earlier quoted context omitted.

The problem is that SpaceX financials supporting the IPO say SpaceX is a major AI company that has a minor side-hustle of making rockets that sell satellite internet.

That's the total picture of SpaceX, right. Does SpaceX as a whole make financial sense? No. Everyone knows the SpaceX "value story": AI means that a company that makes a minus 5 billion per year really makes plus 200 billion per year! IN SPACE! But, uh, about those Space parts? Surely those are cashflow positive ... right? RIGHT? Well, no. SpaceX it is the 50th or so rocket company. The previous ones did not fail bec…

> What is their fix for too small a market? Make Spaceship, an even bigger rocket ... for a market that sees no use for the existing Falcon 9 launch capacity ...

It’s designed to go to Mars. It boggles the mind that anyone would invest in a company and just ignore and/or disbelieve the reason the company was created. Either they’re just gambling or they’re delusional when they discuss so called fundamentals.

Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'

#90
post #20

How is Reid Hoffman relevant? Someone like Elon being asked for their opinion on tech - I kind of understand - was at least at the coal face of SpaceX and Tesla for a time, seemed to understand the tech and was not terrible when it came to direction. Zuck I'd get, Bezos, Dario, Sam - but I don't actually get why Reid is always in the conversation - he's never been in front of anything

Not commenting on Reid specifically but on the other hand I don't understand why we should listen to the Tech CEO's / Founders about their opinions on the tech they are selling.
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