This is the point. Same will happen in all countries that will make social media age restrictions. “Won’t someone think of the children” is usually not about the children
The stupidity of these @Stanford students to take the greatest opportunity for equality in humanity ever and to really free humanity and go walk out on @google and @sundarpichai that's pioneered that. Biased, idiotic, short-sighted and very selfish. Selfish because they ignored the bottom 3 billion people on this planet that could benefit from AI and they are worried about their misinformed selfish self-interest.
https://t.co/EFg09aLgLQ
they’re not jobs if they’re not valued. they’re not valued if there aren’t customers out there willing to pay them for their great work. needing the government to “create” a job is tantamount to welfare and that level of welfare resolves these individuals to a dependency on the government and lack of economic mobility. and chains our people, collectively, to a more indentured future.
you may be well intentioned but you have, and always will, fail to see the destitute folly of government as a job creation engine.
i have tried to engage you on this topic, in good faith, with empiricism and reasoning, but you have only dodged my points and pivoted to some populist refrain about the importance of taxation and the evils of productivity-driven success.
i can only assume you’re dodging these truths because you and the rest of the politburo leadership have deemed the conversation unsafe speech and put your oligopoly at risk.
let’s leave it at that then.
perhaps if your ways get their day, we can all bask in the glories of the dark ages ahead.
Ro, you’re lying and you know it.
You compared a man’s net worth to a country’s GDP. A balance sheet to a year of output. You went to Yale. You learned the difference between a stock and annual output flow.
But being a politician and lawyer, you love to lie and gaslight the economic illiterates, it’s your entire business model.
You want a 5% tax on Elon to fund free trade school for every American.
Trade school costs $80B/yr, you can’t even fund a year.
Elon doesn’t have $55B in cash. It’s stock. You know this.
To pay, he sells roughly $70B of Tesla and SpaceX shares, and the sale itself gets taxed on top. SpaceX raised $75B at its IPO this morning at a $1.77 trillion valuation.
Imagine him selling that amount every year.
Ro isn’t taxing Elon. He’s taxing everyone who gas exposure to the market. Every pension fund and index fund on the planet gets wrecked. And given Ro, he’ll insider trade and short before the bill passes.
And for what? To rip capital from the best allocator alive and hand it to the most incompetent institution in human history. Elon turned PayPal gains into Tesla and SpaceX: 120,000 jobs, launch costs down 90%, two industries that didn’t exist, a $1.77 trillion company from nothing.
You’ve never built anything. You’ve never employed anyone. You’ve never created a dollar of value in your life. You collect a government salary and demand tribute from men who do what you can’t.
Your machine spends $7 trillion a year and still runs a $1.8 trillion deficit. It loses up to $521 billion a year to fraud. More than your entire tax raises. The Department of Education went from $34 billion in 2000 to $268 billion in 2024. 8x the money. Reading scores at multi-decade lows. Trade schools still unfunded.
You don’t lack money. You lack competence, and you want Elon to subsidize it.
You haven’t donated your wealth. You haven’t moved into government housing. Empty your accounts first, Ro. Then preach.
Elon’s options get taxed as ordinary income at the top rate when exercised. Over $500 billion in lifetime taxes, the largest tax stream from one human ever. You want $55 billion now in a way that craters the shares the $500 billion depends on. Your tax doesn’t raise money. It kills the companies, kills the jobs, kills the pensions, and torches a bigger check already in the mail.
You’re the monkey in the middle, Ro. You can’t build. You can’t allocate. You can’t even count. So you eat from everyone else’s pie and call it fairness.
Oh yes, I remember that Bond film where the villain decarbonized the auto industry, brought fast internet to everyone on the planet, and helped paralyzed people interact with the world again.
Today I took a tour of Tesla’s factory in California. It was eye opening, especially on a day like today.
At the factory, which is four times the size of Disneyland, I saw thousands of people working on building the cars of the future. People who not only got a salary and benefits from this job, but stock in the company they’re helping build. Ordinary people who in many cases saw their lives change because of Elon.
You often hear people say that those people created the company, and Elon just stole it from them. And of course, the Tesla team deserves endless credit for making the business successful. But most companies don’t give their factory workers any equity. Tesla does. Tesla is the one company that does actually reward the front line workers with ownership in the company.
These people also miss just how valuable and important visionary leadership is. The Tesla Fremont factory originally opened in the 1960s, as a General Motors plant. Before it was making fast electric cars, it was making American muscle cars. But as General Motors stumbled, the factory was shut down.
The factory wasn’t shut down because the workers weren’t doing their job. It shut down because of bad management. And all of the workers paid the cost.
Then Toyota came in and partnered with GM to reopen the factory. With Toyota management training workers on the Toyota Production System, the factory had a new life. Many of the workers who lost their livelihood returned, thanks to good Japanese management. In 2008 the financial crisis hit and the factory was shut down again. Workers lost their jobs, again.
Then Elon came in with an insane vision for a car factory that would build the cars of the future. Fast electric self-driving cars. Because of his vision this factory is not only still operational, it makes more cars than any other car factory in North America.
This factory and its workers went from dying to thriving. The only difference? Good management. Visionary leadership. The best artisans and workers in the world are useless if they’re working on the wrong thing. But focus on the right problem and even ordinary people can change the world. That’s why good management is so important. It’s not about the manager, it’s about all the people whose talents are wasted if they’re not led in the right direction.
If we say that leadership is worthless, and leaders shouldn’t be compensated for the value they create, smart people will do other things. They will run hedge funds or build real estate or become lawyers. It makes absolute sense to compensate leaders, not because they’re so great, but because the lives of so many others depend on them doing a good job.
Letting Elon have a piece of the businesses he’s created has been an incredible deal for the American people. He got $1 trillion from his efforts, but the public saw $10 trillion of value creation and consumer surplus. If this is what we villainize, we are idiots.
The metric I keep coming back to for SpaceX is $/Mbps to orbit
Starlink exists because Falcon 9 dropped bandwidth deployment costs ~10x to ~$6.55/Mbps. That’s about to drop again to just $0.30/Mbps because of Starship.
A business that is doubling users annually with a 63% adjusted EBITDA margin is about to cut their biggest cost by 95%… It really seems like people don't understand the implications of this.
The math assumes a reusable Falcon 9 launch is 17 tonnes at $1,000/kg and 2,600 Gbps per launch. Starship is targeting 100 tonnes at under $185/kg and 61,000 Gbps per launch. That's $17M for 2,600 Gbps ($6.55/Mbps) verse $18.5M for 61,000 Gbps ($0.30/Mbps).
Starship's additional volume allows for larger satellites, enabling simultaneous gains on multiple cost curves. The math suggests V3 satellites are ~600 Mbps/kg vs ~150 Mbps/kg from V2 mini.
Combining the 4x improvement on satellite bandwidth density with a 5x improvement in launch gets you the 20x improvement to 30 cents per Mbps to orbit.
These are fairly conservative assumptions because launch probably comes in even lower as Starship ramps, and satellite improvements probably keep coming. At $0.10 / Mbps, $1 billion spend on launch represents 10,000 Tbps or about 15x the bandwidth of Starlink's constellation today.
$1B is 90 days of operating income for Starlink... at it's current scale...
Yeah, I really don't think people are getting this. Starlink is the internet now.
I need the government to lock up criminals, defend the nation, build infrastructure, collect the bins, and a few other services - basic research etc. I’m not an anarchist or anything.
What I don’t need from the government is moral instruction. I don’t need them to tell me how to raise my kids. I don’t need them to nudge me into better dietary choices. I certainly don’t need them hamfistedly backdooring my devices to check I’m not doing anything they don’t like.
GTFO of my life, thank you. You’re not smarter than me, you aren’t qualified to manage me, please leave me alone.
I valued SpaceX for its IPO a few weeks ago, with minimal information and a promise to revisit the valuation, when the prospectus was made public. The prospectus is public, the offering price has been set and my update is up and running. https://t.co/zRjpD1C0wv
Dieser Post des britischen Premiers löst so viel Wut aus, weil er nicht den Mut aufbringt, hinreichend kritisch mit sich selbst zu sein.
Der 18jährige Henry Nowak starb an Stichverletzungen, nachdem Polizisten ihn in Handschellen gelegt hatten. Sie glaubten seinem Mörder die Behauptung, Nowak habe ihn rassistisch beleidigt.
Nach der Tötung von George Floyd ging Starmer auf die Knie.
Der Tod eines eigenen Staatsbürgers unter den Augen von Polizisten löste dagegen keine vergleichbare politische Anteilnahme aus.
Die Leute sind eben nicht so sehr wütend wegen „knife crime“, sondern wegen der Doppelmoral, die ihnen geboten wurde.
Aber genau die kann Starmer natürlich nicht thematisieren, ohne sich selbst zu hinterfragen.
Elon on Grok:
“Our AI will be great; I will never give up. Never. Space(XAI) is only 3 years old. That’s half the age of Anthropic and quarter the age of OpenAI. Let’s see where things stand 3 years from now.”
Acquiring Cursor will give SpaceXAI a big boost.
Economists estimate that if Europeans used AC as much as Americans do, it would save up to 100,000 European lives EVERY YEAR.
But I guess saving face on Elon Musk's social media app is more important than 100,000 lives.
Q: How are job postings for software engineers rising rapidly despite AI agents automating coding?
A: Because there’s far more code to manage than ever before. We’re already seeing a 14x YoY increase in GitHub commits, and it’s accelerating.
AI has dramatically lowered the cost of writing code, so it’s now being used across far more businesses, applications, and use cases.
We’re at the beginning of a massive productivity boom driven by the proliferation of bespoke software throughout the entire economy.
Coding has been AI’s breakout use case this year. The fact that it’s increased demand for software engineers — rather than decreased it — should call into question the entire “AI will cause mass job loss” narrative.
“Capitalism was the only system in history where wealth was not acquired by looting, but by production, not by force, but by trade, the only system that stood for man’s right to his own mind, to his work, to his life, to his happiness, to himself.”
— Ayn Rand