I said this about AI well over a year ago. Using it to diagnose and fire people with medical conditions so they lose their insurance AND their income is somehow even more heartless and evil than I’d predicted.
Realising Apple went public at under $2 billion and 15 times revenue in 1980.
SpaceX wants you to buy at $2 trillion and 100 times revenue in 2026.
That is not getting in early. That is being the exit for venture capitalists who have held this equity for years at a fraction of what you are being asked to pay.
Almost none of the retail investors buying this IPO will read the 300 pages before the book closes on June 11.
That is your entire competitive advantage right there.
I'm not gonna lie, the @Meta layoffs are some of the most dystopian I've ever seen. They got told to work from home, they were sent the emails at 4AM in the morning. Those who weren't impacted have software on their computer that tracks their every move, preparing AI to take their job as well. They're literally training the AI that will eliminate their position as well.
Meanwhile, Meta is raking in RECORD PROFITS.
I am a massive, unapologetic AI enthusiast. Yet, this is NOT the future I had in mind.
I wish for Meta to crash and burn. This is not the way. Literally nobody benefits from this.
Imagine deploying 1,000,000 lines of code written in 6 days by AI that no human has ever read, let alone reviewed, to production where your customer’s data is.
Imagine