Anyone listening to @elonmusk at Tesla Shareholder meeting knew Terafab was incoming..
Chips, chips, chips are the limiting factor. โIt has to be doneโ
@adgirlMM Estimated โby expertsโ without a source or real data..
Not US taxpayers obligation for all the other billions of global woke fluff, waste, and fraud.
Btw this is what happens when a European (me) goes to Chicago thinking itโs gonna rain Iโll be fine without sunscreen
To all my fellow Europeans traveling to the US this summer: donโt make the same mistake ๐ญ๐งด
Great post @doki_jerry and translation/share Clifford!
Love that new thesis.. Civilization Expanding thesis.. Iโd put Terrafab and Semi industry in same expansionary grouping
@herbertong cool perspective for future podcasts
Very interesting writing about Elon and future. The original is in Korean and here is the translated version. Try to read it till the end. His original article is at the end.
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(Year 2040)
A rookie analyst on Wall Street asked an old professor. "Professor, why did people once lump Tesla and SpaceX into the same category as companies like Apple, Google, and Meta?"
The old professor chuckled. "It was a mistake akin to classifying a farmer and a casino in the same industry."
"What do you mean?"
The professor pointed out the window. "Look out there."
Thousands of robotaxis were moving the city. In factories, humanoid robots were working. Overhead, tens of thousands of communication satellites enveloped the Earth. There were mines on the Moon, and the first city was being built on Mars.
"Do you know what those things are made of?" "Technology?" "No. Productivity."
The professor continued.
"Most of the big tech of the 20th and early 21st centuries competed over people's time."
Make them watch longer, Make them click longer, Make them stay longer, And sell that time to advertisers. Turning what people spent 1 hour a day on into 2 hours was success. But Tesla and SpaceX were the opposite. They didn't seek to take away human time. Instead, they sought to give it back. Eliminate 2 hours of driving, Eliminate 8 hours of manual labor, Eliminate expensive logistics costs, Eliminate expensive launch costs, Eliminate energy shortages.
"Think about it." The professor wrote two lines on a piece of paper.
Advertising companies: Consume human time โ Generate revenue
Tesla ยท SpaceX: Increase human productivity โ Generate revenue
"They weren't the same kind of tech companies."
"Then what were they?"
"Companies that expand civilization."
The professor fell silent for a moment.
"If Google stops for a day, it's inconvenient."
"If Meta stops for a day, it's boring."
"But if electricity runs short, factories stop; if logistics stop, the economy stops; if space launches stop, humanity's expansion stops."
"Do you see the difference?"
The rookie analyst nodded.
The professor said finally.
"Many people saw Tesla as a car company and SpaceX as a rocket company."
"But as time passed, it turned out they were both in the same business."
"The business of enhancing the productivity of human civilization."
"Advertising companies traded in human attention." "Tesla and SpaceX expanded human capability."
And by 2040, people realized. Apple, Google, Meta, Amazon were great companies. But they did business on top of civilization. Whereas Tesla and SpaceX were upgrading civilization itself.
So one historian recorded this: "Early 21st-century people didn't understand the difference between advertising companies and civilization companies." "They called them all big tech, but in fact, they were entirely different species."