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Musk-led group makes $97B bid for control of OpenAI

reuters.com

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Re: Musk-led group makes $97B bid for control of OpenAI

#371

Post by Aloisius »

scarface_74 wrote: post #225
mattmaroon wrote: post #158

Earlier quoted context omitted.

He founded (for some definition) the two most impressive American corporations of the century and tweeted a lot to build a direct connection to people.

What’s impressive about Tesla? It’s already being outcompeted by companies in China, losing market share, and the other manufacturers are catching up. Besides that, he’s pissed off the demographics most likely to buy Teslas. It’s not like most Trump voters are buying EVs

Musk didn't found Tesla.

Presumably the two impressive companies are SpaceX and OpenAI? Or maybe the Boring Company?

Re: Musk-led group makes $97B bid for control of OpenAI

#372

Post by fuzztester »

ls_stats wrote: post #226
tryptophan wrote: post #118

Earlier quoted context omitted.

I typically like Elon about 70% of the time, but I need to agree here. I don't quite understand how he suddenly got so much influence.

>I typically like Elon about 70% of the time >I don't quite understand how he suddenly got so much influence. then you don't know much about him

no, rather, GP tryptophan doesn't know much about {him|her|it}self.

Re: Musk-led group makes $97B bid for control of OpenAI

#373

Post by _2d30 »

danparsonson wrote: post #327
_2d30 wrote: post #279

A lot of people are unsurprisingly throwing shade on Musk being involved here but I think it's really important to understand what this is fundamentally about: stopping or fundamentally changing OpenAI's plans to be spun off. The issue at hand is that OpenAI (the private, currently "capped profit" entity, henceforth in this post referred to as OpenAI-P) is trying to get spun out of control of the OpenAI non-profit (h…

I probably misunderstand you but why should it be fundamentally about that and not fundamentally about controlling more valuable technology? The example of Twitter clearly demonstrates that despite the Dear Leader's altruistic claims, he's after money and power just the same as anyone else.

He would probably also be happy to get OpenAI-NP for $97B! However, I don't think he believes this is likely at all. His goal is to force OpenAI's hand and stop the comical; undervaluing of OpenAI-NP by forcing OpenAI to value OpenAI-NP at >$97B.

I probably haven't explained this clearly enough in my original post which I wrote too quickly.

Re: Musk-led group makes $97B bid for control of OpenAI

#374

Post by oulipo »

tryptophan wrote: post #118
alpha_squared wrote: post #102

It feels like Musk is single-handedly making a great case for why unlimited accumulation of wealth is a bad idea. It's pretty colorful language, but my mind immediately jumps to "financial terrorist". He's using his enormous amount of wealth and influence as a weapon to bludgeon anyone and anything in his way.

I typically like Elon about 70% of the time, but I need to agree here. I don't quite understand how he suddenly got so much influence.

[flagged]

Re: Musk-led group makes $97B bid for control of OpenAI

#375

Post by b212 »

polotics wrote: post #128
minimaxir wrote: post #61

Earlier quoted context omitted.

Elon's response: https://x.com/elonmusk/status/1889062013109703009 > Swindler In another tweet chain: https://x.com/elonmusk/status/1889063777792069911 > Scam Altman

wow I had no idea the level of discourse on that x website was so low, has it always been like this?

Do not check out Kanye West on x unless you want to see what no censorship means (spoiler alert: a guy with 33m followers posting porn and glorifying nazism).

Re: Musk-led group makes $97B bid for control of OpenAI

#376

Post by zozbot234 »

scarface_74 wrote: post #225
mattmaroon wrote: post #158

Earlier quoted context omitted.

He founded (for some definition) the two most impressive American corporations of the century and tweeted a lot to build a direct connection to people.

What’s impressive about Tesla? It’s already being outcompeted by companies in China, losing market share, and the other manufacturers are catching up. Besides that, he’s pissed off the demographics most likely to buy Teslas. It’s not like most Trump voters are buying EVs

Tesla and the Chinese manufacturers are not playing in anything near the same league. Making cheap EV's is in no way "outcompeting" Tesla. Rather, Tesla has shown that it can handily outcompete traditional luxury auto companies, beating them at their own game.

Re: Musk-led group makes $97B bid for control of OpenAI

#377

Post by talldayo »

fairity wrote: post #171

[flagged]

It's taking quite a journey on and off the frontpage: https://hnrankings.info/43004889/

I'm surprised too, as this is extremely pertinent to Y-Combinator and the community at-large. Seems like something that would be stuck #1 spot for a few hours but that's up to the community to decide. Maybe we're all moving on from the OpenAI hype thing.

Re: Musk-led group makes $97B bid for control of OpenAI

#378

Post by yibg »

jredwards wrote: post #168
tryptophan wrote: post #118

Earlier quoted context omitted.

I typically like Elon about 70% of the time, but I need to agree here. I don't quite understand how he suddenly got so much influence.

I liked Elon until about 2018. Since then he's gradually degraded from "interesting founder" to "guy who picks fights about weird topics on the internet" to "absurdist oligarch actively working to destroy institutions which support average Americans." I certainly suspect that there were always elements of what he's become that just weren't as publicly apparent.

How about:

- hypocrite: free speech only for topics I approve of

- bully: and a school yard style bully at that. Calling people crude names etc. Remember "pedo guy"?

- liar: "full self driving early next year" for how many years in a row?

- reckless: doesn't seem to really care about all the tesla crashes while on auto pilot, giant safety (for others) hazard that is the cybertruck

And this is all before the current political drama.

Re: Musk-led group makes $97B bid for control of OpenAI

#379

Post by sidibe »

fastball wrote: post #254
fujinghg wrote: post #216

Earlier quoted context omitted.

I reckon Musk is so over extended that the only reason he’s doing what he’s doing is to basically rob what he can to cover it before a bigger fish comes along and he falls off a yacht like Madoff.

How do you mean? There were major loans to buy Twitter, but AFAIK Musk brought on a bunch of other people so that's not entirely on him. Other than that what is he extended into?

His companies are supporting each other in weird ways like xAi intercepting Tesla's GPUs, xAi being separate from X which is where it's used, Boring building one of its few tunnels in a Tesla factory for ???, the employees from one working at another, etc. there's probably a lot of shenanigans going on to make each company look OK at the right times.

The one that has to be somewhat transparent is looking pretty shaky

Re: Musk-led group makes $97B bid for control of OpenAI

#380

Post by jiggawatts »

gonzo41 wrote: post #348
margalabargala wrote: post #288

Earlier quoted context omitted.

We'll see. After throwing out a few Nazi salutes, Tesla sales have been tanking in Europe.

And Australia. Musk drove everyone in BYD's arms.

The weak Aussie dollar and the low cost of BYD cars is what did that.

Also, Tesla stopped selling the Model S here.

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