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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

#891

Post by Zigurd »

jonstewart wrote: post #539
senordevnyc wrote: post #404

Earlier quoted context omitted.

More likely: Trump lets him slash and burn, then turns on him and throws him under the bus to the American public. Very typical Trump playbook. Maybe he also takes a page from Putin’s playbook and puts him on trial in a very public and humiliating way, sending a clear message to all the other oligarchs.

I kinda like to think that Jeff Bezos is whispering in Trump's ear, hoping for this inevitable outcome, and waiting to pick up the pieces with Blue Origin.

Classic aggressive follower.

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

#892

Post by Geee »

h0l0cube wrote: post #762
Geee wrote: post #740

Earlier quoted context omitted.

It's not an opinion. The fact that he is the richest man in the world is the proof that his decisions have been succesful. And obviously it's not luck because of repeated success.

You're obviously too young to have observed the dotcom bubble blow up and collapse, so I fully understand why you're drinking the kool aid. I guess we'll see how things pan out.

You seem to be arguing that your personal opinion is more correct than what markets say about Elon's companies, and you make this opinion the basis of your argument. Sorry, but you're not being logical here. By any measure, Tesla and SpaceX are extremely succesful companies, and to argue otherwise is just dumb.

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

#893

Post by Zigurd »

UltraSane wrote: post #479
dustingetz wrote: post #227

Earlier quoted context omitted.

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.

Recent price declines have just knocked the froth off the top of what is still an extremely frothy stock. About 20X industry PE ratios. I could imagine 5X to be sustainable, but...

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

#894

Post by lowmagnet »

verve_rat wrote: post #670
amazingamazing wrote: post #398

Earlier quoted context omitted.

presidents can't pardon state crimes

Although... 4D chess move, if a state starts prosecution against Musk, get the DoJ to do it first and then pardon him after the fact. Double jeopardy would stop the state from continuing with the prosecution, and the pardon means no consequences. I hate that I consider this an actually possibly.

Yes a superseding indictment would be all it takes. Charge him with something at the state level that doesn't have a federal equivalent. He reincorporated in Texas because of it's corruption friendliness, so that's unlikely.

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

#895

Post by insane_dreamer »

ivewonyoung wrote: post #590
insane_dreamer wrote: post #278

Earlier quoted context omitted.

So opposition spending $250M to win an election and then given control over government spending by that same president, while owning companies that have billions in government contracts, is Marxism? In most non-Marxist democratic countries, the above would be considered corruption.

Repeating myself from another comment. The dems outspent republicans by a billion or so, so 250M didn't do much. If it did, Kamala would've won by a lot. Way more billionaires supported Kamala vs. Trump (83 vs 52).

The point is not how much was raised.

The point is that the person who gave the most -- by far -- is now in a position to unilaterally make major decisions affecting all Americans, and other countries too (USAID).

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

#896

Post by Zigurd »

Geee wrote: post #620
UltraSane wrote: post #479

Earlier quoted context omitted.

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.

This is not true. Tesla recently released new Model Y [0], and there's a gap in sales because of that transition. The old Model Y was the best selling car of any kind in 2024 globally. [0] https://www.youtube.com/watch?v=vQ6e4-1uuGA

It's either "a new car" or the same model that accounts for nearly all Tesla sales making it "best selling" compared to makers with newer cars and a wider selection. So... which?

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

#897

Post by Zigurd »

pipes wrote: post #823
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.

Or the press pretending that it was a nazi salute, outrage sells.

You mean the German newspaper Zeit with headlines like "Ein Hitlergruß ist ein Hitlergruß ist ein Hitlergruß"

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

#898

Post by all_usernames »

UltraSane wrote: post #492
sangnoir wrote: post #221

Earlier quoted context omitted.

> He always had it? Money give influence naturally. Not as much as he has now: he was famously frustrated by the California state government's Covid lockdown mandates, and was pretty powerless against them. That frustration is probably what led him to buy influence in the Trump campaign,and later administration. Money can take you so far, political power will take you further for imposing your will on others. The "Sh…

" By moving much faster than the bureaucracy and legal system can respond, the question on whether he has the power or authority to do the things he's doing may become moot." This is a risky strategy if it is later determined that Musk broke laws with DOGE and is arrested and convicted.

lol. Trump has immunity, and can also pardon

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

#899

Post by wyre »

whamlastxmas wrote: post #741
wyre wrote: post #664

Earlier quoted context omitted.

My instinct says he wants OpenAI so he can turn ChatGPT into another propaganda machine like he did with Twitter.

It’s pretty wild to try to claim twitter wasn’t a propaganda machine before musk

I didn't realize I was implying that. It was def a propaganda machine before, but I hope we can agree that under Musk it is a very different machine

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

#900

Post by quantified »

steve_adams_86 wrote: post #529
ak_111 wrote: post #458

Earlier quoted context omitted.

He single handedly also vindicated one of the most authoritarian regimes - China - in how it slapped Jack Ma as soon as he started entering politics and gaining influence beyond tech entrepreneurship.

I can’t agree that his bad behaviour vindicates other bad behaviour. Checks and balances would be a far better solution than what was done to Ma. We should never consider a state manipulating politics so forcefully to be vindicated because someone seeks to exploit the state. It vindicates the very systems Musk seeks to destroy, showing the USA needs strong and more assertive checks and balances. I think I see what yo…

What "check" or "balance" do we have for someone not even in government? He is now but he wasn't before the inauguration. Feel free to propose the check or balance if it doesn't already exist.
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