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Elon Musk has lost his lawsuit against Sam Altman and OpenAI

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Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#271

Post by awesome_dude »

robocat wrote: post #238
andrei_says_ wrote: post #219

Earlier quoted context omitted.

I sometimes wonder, what does one need a second 500 billion that the first 500 billion is not enough for?

Why did he need a second 250 billion after the first 250 billion? Makes me think of a inverted Zeno's paradox. Why do you need an extra dollar? I can answer for myself: New Zealand plans to tax the shit out of anyone that has more[A]. You need a fukton more than median wealth to be able to protect yourself against your own government. The type of person that enjoys chasing money doesn't stop. [A] via capital gains ta…

Why did you turn that into a whine about a tax that exists in 31 of 38 OECD economies?

Go to Australia where you pay a stamp duty for buying (to pay for infra) and a CGT for selling

Edit: Changed stamp tax to stamp duty

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#272

Post by greenpizza13 »

asadm wrote: post #258

I feel like there still needs to be a penalty to OpenAI here even if that doesn't favor Musk (even though he funded the whole thing). It is still a theft.

Need standing to claim theft, need to be within statue of limitations.

It's not theft unless a jury says it is, they didn't say it is.

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#273

Post by armchairhacker »

whaleofatw2022 wrote: post #163
an0malous wrote: post #86

Earlier quoted context omitted.

I’m not a Sam Altman fan, but I think it’s debatable if he’s worse than the guy who did a sieg heil at a political rally

Be more afraid of the technocrat who doesn't even have a tell. It means they are better at manipulation.

Does this also mean we should be more afraid of (leadership) Democrats than Republicans?

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#274

Post by DoesntMatter22 »

andrei_says_ wrote: post #219
DoesntMatter22 wrote: post #159

Earlier quoted context omitted.

Musk should have just made another company and then he’d have another 500 billion but he had that mistake and now it’s over. Then again we’ll see how well open ai does over the long term

I sometimes wonder, what does one need a second 500 billion that the first 500 billion is not enough for?

To build more cool stuff. Would be great if he did neurolink for cancer

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#275

Post by dlev_pika »

dylan604 wrote: post #234
robofanatic wrote: post #229

Earlier quoted context omitted.

$44B is peanuts for a soon to be trillionaire

Doesn't make it a good deal. Just means he can afford to make bad deals.

This is part of what people miss about poverty - it’s incredibly unforgiving.

By contrast, the more money you have the more mistakes you can afford to make

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#276

Post by bobthepanda »

granzymes wrote: post #158
ryandrake wrote: post #153

Earlier quoted context omitted.

It seems to me like justice should be about right vs wrong and illegal vs legal, and not “did you fill out form 27B/6 on time?” Dismissing a case on these kinds of trivial procedural grounds seems like the court just doesn’t want to do its job.

The statute of limitations is not a trivial issue. Defendants have rights just as much as plaintiffs do, and our justice system does not allow plaintiffs to unreasonably delay in bringing their claims.

there are also practical concerns at play with a statute of limitations, where evidence is more likely to disappear and the trial would've devolved into a he said/she said situation.

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#277

Post by dlev_pika »

the_doctah wrote: post #121
shimman wrote: post #59

Earlier quoted context omitted.

Yeah but he was able to personally make the call to kill millions of people around the world, he's just going back to his roots.

[flagged]

Not to anyone with basic grasp of what USAID did or was

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#278

Post by SwellJoe »

nebula8804 wrote: post #110
bonesss wrote: post #52

Earlier quoted context omitted.

As a business transaction: Twitters acquisition is among the worst deals in human history. As means to buy an election an Presidency: highly efficient use of capital with an undeniable short and long-term ROI.

Too early to write closing arguments on this. A vengeful future administration might make us realize that the entire transaction was a huge mistake.

I don't know where a vengeful future administration would come from. We only have Democrats or Republicans to choose from, and Democrats have made turning the other cheek their entire purpose and political mission. They slow-rolled the investigation of Trump so long he got elected again in the meantime. The idea that any major Democrat would go after a billionaire and not just any billionaire but the biggest billionaire of them all? Absurd thought.

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#279

Post by Sohcahtoa82 »

pizzafeelsright wrote: post #97
dragontamer wrote: post #60

Earlier quoted context omitted.

You speak as if Elon Musk didn't buy tons of AI chips for full self driving (Dojo) and COMPLETELY flub it. It's the same as always. Musk himself is an awful business man. He relies upon buying the success of others and taking over. Outside of that, he's kind of awful. Initiatives started by Musk himself almost inevitably fail.

10 years returns S&P 500 (index of all those better than Musk): 261% Tesla: 2700% Disclaimer: My portfolio is 65% Tesla.

I'd argue that Tesla's stock price is more about con artist acumen than business acumen.

TSLA currently has a P/E of ~375. That's extremely overvalued. There's no possible objective reason for TSLA to have such an extreme ratio. Even if you think Robotaxi is going to be a massive success, it would have to completely devour Lyft, Uber, and traditional taxi services all combined to even get half way to justifying that P/E, and considering the already major distrust in Tesla's FSD, I just don't see that happening.

The math doesn't math. People buy TSLA because they want to be part of Elon's cult, not because of anything to do with Tesla as a company.

Re: Elon Musk has lost his lawsuit against Sam Altman and OpenAI

#280

Post by dlev_pika »

SimianSci wrote: post #198
mustaphah wrote: post #31

Earlier quoted context omitted.

Extreme smartness has its own failure modes

After the many years, there have been insider voices indicating that success was despite Musk in many ways. Musk bought his way into cutting edge tech, it succeeded despite him due to the already amazing people working in the industries. The projects that have his actual involvement are pretty regularly seen as mistakes or flops. I personally hold to the idea that whoever at SpaceX crafted the team used to pre-occupy…

I heard this was a thing at Tesla, figure out how to redirect while the grown ups were actually building stuff
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