Earlier quoted context omitted.
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College students totally have the capital to gamble all day on kalshi.
Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
251–260 of 300 posts
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#252Earlier quoted context omitted.
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Did we blame the kids for smoking back in the day too, or recognize the harm and regulate it out of their lives?
Not blaming anyone just pointing out how the idea that that generation is actually focused on living more meaningfully is farcical.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#253Earlier quoted context omitted.
Humans lie
Companies exist to influence others.
Companies are organisations of people that have a common goal.
Yes to make money so they can provide a roof and food for their families.
But also other goals. To invent. To create. To provide goods and services.
People lie.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#254Earlier quoted context omitted.
> 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.
Going to Mars is absolutely insane value proposition for public company. There is no monetary gain from it. You have some political gain. But even that is one bad administration away from crashing for multiple years...
> Going to Mars is absolutely insane value proposition for public company.
So, you don’t invest in it. And then you don’t need to bother discussing the financial viability of Starlink or anything else.
It’s like there’s a planet sized elephant in the room that everyone is avoiding looking at.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#255Earlier quoted context omitted.
Companies lie.
Yes, but that doesn't mean you shouldn't listen to them. You listen to them and you evaluate their claims.
You are correct, I simply mean we should keep in mind that they are also selling something.
If you ask an AWS consultant what the best solution for your problem is, don't be surprised if the answer is AWS.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#256Reid 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.
If you want to know why you shouldn't choose Windows it makes sense to get Steve Jobs' opinion and then evaluate the opinion.
I would want jobs opinion because Jobs would give a good analysis, more so because I would value his opinion.
Any other person selling an alternative… might just be BS.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#257Earlier quoted context omitted.
> I don't think theyre special Where did you get that from the comment you replied to? They merely pointed out you couldn't paint everyone with the same brush, which is pretty much the definition of 'not special'.
I didn't. The point was that that amount of money turns most people into assholes. Many of them donate money but it doesnt make them any less of an asshole.
If we're casting aspersions, I guess based on my personal experiences of people in poverty, lower, middle and upper classes, then
> most people into assholes
might just be a you problem. Get out and meet more people, and if you're still surrounded by assholes, then the real asshole is probably you.
People are people everywhere. Money really doesn't change that as much as you're implying.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#258Earlier 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…
>“50th rocket company, previous ones failed on financials not tech”
Its Falcon 9 has flown 667 times to orbit with a 99.55% success rate. SpaceX isn't like the other rocket companies and it's pretty obvious to anyone who looks at the metrics objectively. Not in technology or in finances.
>"minus $5B/year but AI/Space makes it +$200B”
$18.7B revenue in 2025. Starlink alone was $11.4B
The comparison to Iridium isn't even worth refuting because it's like comparing the Wright Flyer to the 747.
It's a shame that otherwise intelligent people have such difficulty objectively assessing anything Elon Musk; I assume it's mostly idealogical reasons. Do I think $135 is a bit high for the SpaceX IPO? probably. Do I agree with everything Elon Musk says? nah. Is Elon Musk the most capable entrepreneur and innovator to ever live? It's definitely possible.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#259Earlier quoted context omitted.
> first time we have harnessed all of the energy on the planet at once How are you defining “all of the energy on the planet”? By conventional definitions, no, we harness a tiny fraction of even just insolation.
Hmm. Mainly that access to much larger quantities of energy than before in the form of oil/coal/gas enabled the creation of a much more complex system than before, with a higher metabolic need. Ongoing servicing of that metabolic need requires continuous access to the same or greater amount of energy year after year. The world burns through its annual resource budget in July this year. As we continue to extract more…
> the energy return on energy invested goes down, so net energy availability drops
No? EROI going down is like margins going down–that doesn't mean profit stops growing, it just grows more slowly per unit of input.
Lower EROI on a much-larger energy base means we're producing more net new energy today than at any time in history. That would be expected to continue all the way to EROI being close to zero. Until EROI is negative, you wouldn't expect to see net energy availability drop. But we have no foreseeable place where that's the case given solar panels exist.
Re: Reid Hoffman says SpaceX 'not an AI company', xAI 'complete train wreck'
#260Earlier quoted context omitted.
I didn't. The point was that that amount of money turns most people into assholes. Many of them donate money but it doesnt make them any less of an asshole.
If we're casting aspersions, I guess based on my personal experiences of people in poverty, lower, middle and upper classes, then > most people into assholes might just be a you problem. Get out and meet more people, and if you're still surrounded by assholes, then the real asshole is probably you. People are people everywhere. Money really doesn't change that as much as you're implying.
you seem weirdly committed to defending the billionaire class.
most people probably do have the capacity to be raging assholes but society doesn't indulge their every whim and prejudice or stroke their ego constantly. so they aren't.