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

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

#751

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.

Genuine question: are people genuinely against the work being done by DOGE? I am frequenting both X and HN + other liberal leaning news sources, and it's like the people in the comments are living in different solar systems. I see a post on X with receipts showing millions of dollars of pretty obvious waste and/or corruption, many involving news outlet grants and subscriptions, including names, amounts, etc. Then I s…

If DOGE was serious about finding cost savings, they would start with the biggest budget hog, the one that has never once passed an audit in its entire history – the Pentagon.

US "defense" spending is so absurdly overflowing with bloat and waste, it would be like a kid in a candy store.

But instead DOGE started with a tiny department controlling ~1% of spending, one which has routinely passed independent audits and also happened to have opened an investigation into one of Musk's companies.

And the action taken? Preventing the release of existing supplies of medicine and food to literal starving children in third world countries.

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

#752

Earlier quoted context omitted.

I wonder that as well. I'm pretty sure there's manual manipulation involved sometimes.

There's always manual manipulation. In the early days of the site, the saying was "without manual manipulation, the front page would be nothing but cat pictures". Today, it's clear that it would be nothing but Musk stories.

Nothing but cat pictures, I miss the old internet.

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

#753

Earlier quoted context omitted.

Sam Harris has some of the best, arguably more constructive, critiques of Elon. I guess they used to be some degree of friendly with each other, exchanging text messages and such, but that has since ended. I’ve generally found his take on things fairly insightful and worth hearing out. I know some people can’t stand him, and I don’t agree with him about everything, but I think it leaves you with a decent sense of wha…

I'll have to find the commentary by Sam Harris, I think it'd be interesting. I thought this post by Philip Low, founder of NeuroVigil, a Neuralink competitor, was very insightful and interesting: https://www.linkedin.com/feed/update/urn:li:activity:7288439...

https://news.ycombinator.com/item?id=42716926

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

#754

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.

Capitalism is bad because Elon won the game. Never mind that Sam Altman is a board member of the same non-profit he is trying to sell to himself for pennies.

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

#755

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was looking for a musk margin call in 2023, no such luck, now he’s VP and markets are still fake

Tesla sales are collapsing globally partly due to Musk's mental breakdown and are not likely to recover much, especially since Tesla no longer really has a CEO.

I don’t think this is a mental breakdown instead he’s showing his real evil nature

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

#757

Earlier quoted context omitted.

Correct, though my perception is that it's a distant Nth-place player behind ChatGPT, Claude, Gemini, Perplexity, etc.

Grok 2 is already better than Claude 3.5, at least for programming tasks, in my experience.

Why would musk want another AI company or is this just to get back at Altman?

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

#758
post #138

Earlier quoted context omitted.

There's large brand value, and then there's $300B brand value. Without a moat, it's hard to argue OpenAI's value is that high.

You can choose as an investor between: a) Coca-Cola (~$300B, profitable, stable, stock-listed, well-known addictive brand, accepted business model with steady growth) b) OpenAI (bleeding cash: $5B lost last year, tech that is not really novel anymore, weird corporate setup, competition that offers similar products). It's not that easy to support the idea that OpenAI will be the winner.

The choice is not between that. It's between which of the two businesses can deliver outsized growth & returns back to the investor in their time horizon.

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

#759

Earlier quoted context omitted.

How much of it is tied up to a criminally overvalued Tesla stock though? Sure, Tesla could go to zero and he'd still be a fabulously wealthy man, but with how things are moving - It wouldn't surprise me that he's about the fall down the ranks. Let's see how much power he has once the "richest man in the world" aura fades away.

I've been hearing about the inevitable decline of Tesla for about 10 years now.

"Markets can remain irrational longer than you can remain solvent"

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

#760

Earlier quoted context omitted.

I've been uncomfortable with this shit stain since he took over twitter. And it has gotten exponentially worse ever since he endorsed the orange clown.

The turning point for me is when that incident occurred with the boys stuck in the flooded cave in Thailand. Musk had his designers create a mini-submarine to rescue them... but it wasn't suitable. One of the cave divers who risked his life to rescue the boys made the mistake of saying Musk's sub was useless... so Musk called the diver "a pedo." I have no idea how he got away with it, but Musk claimed that when he sa…

Don't forget that Musk also hired a PI to gather evidence that the cave diver was a pedophile (which obviously failed).
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