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Palantir is a fantastically straightforward example of how a country experiencing an era of averice quickly degrades in the quality of its leadership. Karp and Thiel are examples of certain types of personalities that make their way into positions of influence where they start to expel toxic cultural pollutants responsible for an empire's decline.

More people need to realize the parasitic relationship the wealthy in America currently occupy.


Seems to be an extension of something we are dealing with across multiple parts of many societies. Monetary pursuit has become a guiding principle for alot of people, and its been revealed that such thinking is leading to major societal consequences.

The current Technocratic idealization of efficiency by those in powerful positions is missing the second order consequences of financializing everything, and it appears to me that we are sacrificing societal necessities like trustworthiness and collective responsbility in favor of more efficient markets. If no corrective action is taken, we can expect increasing issues.


Michael Sandel's "What Money Can't Buy: The Moral Limits of Markets" covers it quite well.

Markets create unfairness by systematically disadvantaging the poor when money becomes necessary to obtain certain goods or quality of goods. Market values corrupt non-market spheres by changing the meaning and value of goods being exchanged (e.g., paying for grades undermines intrinsic desire to learn). Monetary incentives crowd out altruistic motivations and civic duty (e.g., fines becoming fees people willingly pay rather than norms to uphold). Commodification degrades human dignity (e.g., treating drug-addicted women as "baby-making machines" in sterilization-for-cash programs). Markets increase wealth inequality and create segregation in previously egalitarian spaces (e.g., luxury skyboxes in sports stadiums). Market exchanges under severe inequality or economic necessity become coercive, not truly voluntary. Purchased tokens of friendship and personal expressions (apologies, wedding toasts) lose their authenticity and dilute social bonds. Wealthy individuals and countries can pay their way out of moral obligations (e.g., carbon offsets instead of reducing emissions). Markets have infiltrated areas traditionally governed by ethical considerations - medicine, education, personal relationships - without public debate about whether this is desirable. The economic approach treats everything in an ethical vacuum, ignoring morality in favor of purely analyzing incentives.


This is one of the most amazing comments I have read on HN.

You absolutely get to the core of why and how 'leaving it to the market' and money-oriented choices remove social cohesion, trust, and fairness.


Thank you, but again I'm just paraphrasing Sandel's work. He really puts into words that which I've personally felt without having the vernacular to put it into words myself (alongside one of his inspirations, Michael Young). I attended a couple of his lectures while he was in the UK, and he was fantastic.

I don't think it's even the money. It's the numbers and numerical "scoring".

You see all the same evil dishonest shit behavior in contexts where the $$ is negligible, fixed or not a KPI individuals are really scored on. Organized religion, academia, Internet comments, etc, etc.


One objection here: pay-for-sterilization doesn't match with the rest of these because this is treating it solely as a cost to the woman, rather than recognizing that there's a benefit in not bringing a child into a horrible life.

The objection is that offering cash exploits vulnerable women's desperation, treating their reproductive capacity as a commodity to be purchased. Even if the outcome might prevent more suffering, which is an individually subjective outcome, the means matters: it degrades the women involved by reducing a profound personal decision to a market transaction under conditions of coercion, where drug addiction makes the offer 'too good to resist.'

You miss my point--it's the hypothetical child suffering.

Everything else on that list is putting better versions behind a paywall, this is purely removing a negative. They are fundamentally different issues.


Monetary incentives are the foundations of Capitalism. There are only two ways that ethics might get in the way of their profits.

The first is government regulation. We saw lots of deregulation of oversight over the ten years before the 2008 financial crisis. None of the ethically compromised C-suite folks went to jail for their behavior because it was suddenly not a crime. Sometimes you have regulation, but you don't have enforcement of the regulations. This is what we get when the government is comprised of or controlled by capitalists. It's called fascism.

The second is public boycott or revolt. Could the new Target CEO be the result of the recent boycott? Same with Starbucks? Has anyone actually bought a Tesla in the past year? The big tech folks are bending over backwards to hide the fact that they have no real AI business model, making it a gigantic bubble that is about to burst. There is a national frenzy that no one is reporting on people ditching their subscriptions. We are going to see affordability get worse very quickly. It will be interesting to see what happens as more and more people start tightening their purse strings, whether by choice or necessity.


> Sometimes you have regulation, but you don't have enforcement of the regulations.

Indeed. Let us quote the Dune books (since they're trending, and for good reason!):

"Good government never depends upon laws, but upon the personal qualities of those who govern. The machinery of government is always subordinate to the will of those who administer that machinery. The most important element of government, therefore, is the method of choosing leaders. -Law and Governance (The Spacing Guild)"

And if you would let me indulge one more:

"Governments, if they endure, always tend increasingly toward aristocratic forms. No government in history has been known to evade this pattern. And as the aristocracy develops, government tends more and more to act exclusively in the interests of the ruling class: whether that class be hereditary royalty, oligarchs of financial empires, or entrenched bureaucracy. -Politics as Repeat Phenomenon (Bene Gesserit Training Manual)"


Excellent quotes! Thanks for sharing.

There is a very, very clear and specific problem: "free" advertising supported sites incentivizes farming user engagement. Farming user engagement needs be sharply curtailed because it's proven to be broadly damaging to society and the direct way to do that is to reduce the incentive, advertising revenue. It's as straightforward as that.

Oddly enough, this comes from Google having a monopoly on web advertising. If you're an advertiser, let's say for the sake of argument you're a company with $80 billion in revenue, and you find your ads placed next to a ragebait post, you might complain to Google, and they will promptly send you a canned response and send your email to Gemini for use in training data. If human eyes ever chance to see your email, it's a good chance that people in that department aren't working hard enough and they should do a layoff.

> Monetary pursuit has become a guiding principle for alot of people

People need money to survive. The wealthy class have made it such that it's harder and harder to earn enough money the normal way. Often it doesn't even pay enough to survive. This is what creative people come up with in order to make a living. And it's obviously not in the wealthy class' interest to make any changes to that.


Doesn't make it excusable. I get it's hard to uphold principles when the stomach is empty. But it's clear the person in the piece wasn't thinking about much else, though he was also clearly not in the streets and starving.

Culture is a pendulum, but humans are consistently greedy.

"Journalistic integrity" was a marketing concept designed to sell newspapers at a time when there were hundreds and most were inaccurate. It was extremely profitable to have ethics. (A good reminder that noble minded Benjamin Franklin ran his own periodical that he regularly and intentionally slandered others in.)

Now we have an entrenched media (with their own ethics problems) and there is opportunity to start pumping out garbage again.

As Voltaire said, "History is only the pattern of silken slippers descending the stairs to the thunder of hobnailed boots climbing upward from below." In other words, progress has to be fought for from hard lessons, but once that progress is taken for granted, people let it slip not knowing the value of what they have.


Yes, humans can be greedy - but the question is whether we design our society to encourage and legitimize that greed in every sphere of life, or whether we maintain non-market norms that check it. The journalistic integrity example proves my/Sandel's point; when ethics became profitable, the market accidentally aligned with civic good. But the concern is precisely about areas where market logic systematically corrupts rather than improves outcomes - ie. where introducing money changes the nature of the good itself (like turning civic duty into a fee, or learning into a transaction). The pendulum swings, yes - which is exactly why we need ongoing public debate about where markets belong, rather than passively accepting their expansion into every domain and hoping the pendulum swings back on its own.

Yes. Greed is king right now.

The answer is and always has been "paperclips."

without human influence or directive, capital ceases to be become anything meaningful beyond [insert data type] at which point, it spreads like a cancer, ie: universal paperclips

Capitalism is revered due to how it has significantly impacted the living standards of populations that participate in it. But increasing the living standards of populations was never the purpose of capitalism, it was a simply a side-effect.


Indeed. It is a blind force of nature.

Capitalism started with the East India Company. That is the real Capitalist world choice. We treat our strongly regulated society as 'Capitalism' for some reason (while the Capitalists tell us we need to get rid of all the regulation that keeps them in check).

Capitalism left to it's own authority creates payment in company scrip and company towns. Capitalism WANTS labor trapped with company script/company towns. Just because society outlawed that doesn't mean Capitalism isn't working in other ways to recreate that. What Capitalism does not want is empowered labor or labor lifted out from dire situations. Society is what has done that, not Capitalism.

Without strict government oversight Capitalism is horrible and gives horrible results to society at large. It just has done an incredible job of painting modern society as Capitalism and claiming all benefits of things that aren't inherently from Capitalism but from Government oversite.


Sometimes, I wonder how people in the middle ages accepted the whole "Divine Right" of their ruling Kings, while simultaneously suffering under their rule.

> Larry Ellison, another hyper-informed genius business man

"King George, another royal blessed by the divine."


I don't know if you're aware of this, but American markets are hyper competitive. I'd be extremely wary of any instinct to discount the skill level of any top-20 self-made billionaire industrialist, really anywhere in the world, but in the US at least, that skillset is likely heavily skewed toward business excellence.

> self-made billionaire industrialist

We've reached levels of billionaire worship that would make any court jester of the 1400's blush


An off-the-cuff four word description on an Internet forum definitely exceeds the level of worship from a court jester in the 1400s that had to dress up in costume and dance at the command of a king, lest their head get cut off.

Well jesters are supposed to call out the BS, yes?

That said, How do you (accurately) describe Ellison?


Greedy, ruthless and well-connected? These people are hardly genuises.

> Greedy, ruthless and well-connected?

Sure, but that's not enough.

> These people are hardly genuises.

You're quite wrong about this. I know it's tempting to look at a damaged person and assume that they possess no actual extraordinary capabilities, but these people are very very smart. Surely they'd be top-tier HN. :)

(Defining "genius" is a whole nother thing, but using any common vernacular meaning, my statement will apply.)

Not all billionaires, of course. In context, we're talking about Ellison and Musk. There may be others implied. These people are in fact extremely intelligent. What's missing is not horsepower.


> Sure, but that's not enough.

You're right - a healthy dose of luck, 'right place, right time', is also needed. Plus the arrogance to assume that they deserve everything they want.

> You're quite wrong about this. I know it's tempting to look at a damaged person and assume that they possess no actual extraordinary capabilities, but these people are very very smart. Surely they'd be top-tier HN. :)

Maybe you and I disagree on the definition of a genius; Ellison and Musk are of course smart, but there are very many smart people - that is also not sufficient, and 'genius' is not required. Elon Musk spends a lot of time arguing with random people on Twitter, and espouses some very dumb, and sometimes racist views. He's a good salesman (principally of himself), and possessed of huge self-confidence, but I don't see any evidence of genius. More like being born 3-0 up and convinced he'd scored a hat-trick, amplified by survivor bias; for every billionaire, there are thousands like them who just didn't get the right breaks.

Compare Elon and 'lawnmower' Larry to everyone's favourite genius, Einstein, and they're not even in the same league.


Underestimation is a mistake with at least equal consequences as anthropomorphization.

I recommend neither.


Why does he need a description? If Larry Ellison thinks something is true he can argue the case for it using the same universal logical principles which we all have access to.

Who he is is irrelevant.


lawnmower

> American markets are hyper competitive

Eh. Brand new markets, perhaps. But established markets in the US favor incumbents and encourage monopoly.


Monopoly - so easy everyone can do it. We should give it a go! I would include managing your way into monopoly status and steering clear of being broken up as business skills; no?

The techbro cult is filled to bursting with greedy, narcissistic people who are wholly willing to ignore evil because they expect to be the next dispensers of said evil.

You just responded to one of them.


Doesn't the idea of Orbital Datacenters imply that the constraining resource right now is physical space, and not compute, electricity, etc?

Did we suddenly solve the electricity problem, or the compute problem? As far as im aware there are still plenty of datacenters being planned and built right now.


Its only fraud if poor people do it. Welcome to American politics.

But the "fraud" here is being done mostly to VC investors with deep pockets and lawyers, at least until he tries to take this entity public. And I can't imagine them just taking this lying down, but then again maybe they realize that offloading this steaming pile on public market investors is the best way out. But even then... SpaceX seemed like it was quite viable on its own, the investors there are the real losers here.

It is all very puzzling to me.


Poor people are using their public car company to buy their private space company?

It's only fraud if rich people lose money

no I get it, but I mean fraud is usually kept out of the public. this is fraud in broad daylight?

Why hide it if you know you won't be punished for it?

The Goalpost shift continues, If elon were working for me, I would have fired him for having never delivered on any of his projects.

Hyperloop > Neuralink > Self-Driving Cars > Robotaxi fleets > Personal Robots > Orbital Datacenters > [Insert next]


> If elon were working for me, I would have fired him for having never delivered on any of his projects.

Never? For the sheer amount of moonshot bets he's doing, his track record would make any VC jealous. Zip2, PayPal, Tesla, SpaceX, Grok/xAI.


World's Best At Surfing A Temporary Hyperinflation Wave is not a life goal to really be proud of tbh.

Plenty of politicians are very proud of doing that.

> Never? For the sheer amount of moonshot bets he's doing, his track record would make any VC jealous. Zip2, PayPal, Tesla, SpaceX, Grok/xAI.

not never, but xAI is not clear if successful, and others were bootstrapped 10 years ago, and not clear if they need mask at this point.


He also purchased Tesla once there was prototypes etc, not to say he didn't do anything good there or whatever (I have no idea what he really did) but yeah, people like to pretend he did all these things on his own or something.

>Zip2

I guess props to scamming Compaq into making a large investment that didn't pan out. He did personally make money so I guess win for him.

>In an effort to woo investors, Elon Musk built a large casing around a standard computer to give the impression that Zip2 was powered by a supercomputer.

>PayPal

Huh? He didn't found Paypal, his company was acquired by Paypal. You might as well give him credit for eBay while you're at it. Paypal released their first digital wallet in 1999. They acquired x.com (and Musk) in 2000. Paypal itself was then acquired by eBay in 2002.

>Tesla

Investor, not founder.

>SpaceX

Yup, props here.

>Grok/xAI

Hasn't made a penny, no signs it had any path to profitability, which is why it was shoved into Space-X to cover his personal losses.


Taking Tesla from where it was (an overpriced prototype) to what it is now did take some skill. He wasn't some passive investor who put money in and didn't do anything. The rest for sure he was gotten credit that isn't earned.

And of course, Elon did all of that work personally. 16 hours a day, nonstop hard work. Just take his word for it, it means a lot.

And all that while having 14 kids and being the top player in Diablo 4[1]. Amazing!

[1] https://www.forbes.com/sites/paultassi/2024/11/22/elon-musk-...


Does Leslie Groves deserve (some) credit for the Manhattan Project? Obviously there were people under him doing the actual day to day physics and chemistry work, but if a less effective person was in charge, the whole thing could have failed.

hey now. Lets not forget when Elon had Grok creating CSAM and sexually explicit material of nonconsenting women. Truely an... achievement? Surely it will propel humanity forward.

note the post you're replying to said "track record" not "founded"

Hey now. Huperliop was designed to scuttle California’s light rail project. Which it did. Mission accomplished.

I think you mean "California High-Speed Rail", not light rail.

Light rail, generally refers to urban rail, "trams".


Still failed and missed every projection. I think he said we would be on Mars too?

California's light rail still exists, as does California High-Speed Rail, which is not light rail.

This is the funniest conspiracy theory.

It’s not really so much a conspiracy theory as a thing that he outright said.

https://www.jalopnik.com/did-musk-propose-hyperloop-to-stop-...


He can take out a full page Wall Street Journal ad tomorrow that says “I created hyperloop to kill CA HSR” and it will have no effect on the fact that CA HSR’s failure is 100% the fault of CA’s own dysfunction.

Yeah that’s where I’m confused about this “conspiracy theory” stuff. It’s common knowledge that Musk wanted hyperloop to undermine the high speed rail project and also it later failed. Aside from a single HN comment I have never seen anyone attribute him with that much influence on the thing, so it is bizarre to see someone talking like there’s some sort of common conspiracy theory that Elon Musk controls trains or whatever. As far as I know pretty much nobody believes that.

That link denies the conspiracy theory?

> “Or did he just have an idea and blurt it out," I asked Vance. > "I'm 99.9-percent sure it's the latter," Vance tells me.

Also that to scapegoat Musk for killing the California train when California was perfectly able to kill it itself:

> Vance then brought up a valid point: "In all this time we've been talking about high-speed rail, there's still almost none that's built....


There is no conspiracy theory, that aside the link does not indicate that there is one? “Vaguely accurate” does not mean “untrue”, and Vance is clear that he is talking about his personal interpretation of what Elon Musk is documented to have said, which he does not refute.

I like the idea that “he didn’t say that” and “he did say that but a different guy feels like he probably meant something else” are so obviously equivalent that skepticism of that notion constitutes a ‘conspiracy theory’.

That aside I like that the guy whose opinion should be treated as indisputable fact said that he thinks that there hasn’t been any high speed rail built globally in the past decade, which is not even remotely true. Obviously if he meant to say in the US he would have said so, since his next sentence was praise of Musk’s world-wide achievements.

I suppose it’s possible that Vance either doesn’t know anything about high speed rail or was in such a rush to extoll the virtues of the CEO of Tesla that he just sort of blurted something out to make Musk look good?


> “Vaguely accurate” does not mean “untrue”

The full quote is “vaguely accurate but a disingenuous take”. And “Disingenuous” means “misleading/dishonest/untruthful/insincere/unfair”.

> Obviously if he meant to say in the US he would have said so

Come on, from the context it is clear that Vance means the US and specifically California. He also says “we” in the sentence “In all this time we've been talking about high-speed rail” and does not mean Chinese/Japanese/French having this discussion.


Disingenuous speaks to the motivation of the speaker, not the veracity of information on its own. Vance says that in his opinion that that particular interpretation of the factual information is disingenuous. As you pointed out, it can mean “unfair” which is not the same thing as untrue. Dude had an opportunity to say “that’s not true” and didn’t do that.

You’ve sort of just added “I feel like Vance meant something other than what he said” on top of Vance saying he felt like Musk meant something other than what he said. There isn’t a number of layers of “I feel…/he feels…” that you can pile onto a statement that will equal “he did not say the thing that he is quoted as having said”

Your contention is that by “accurate” he meant “inaccurate” and that he sees Elon Musk as being a global phenomenon and high speed rail as a… thing that’s local to the US? That is notable for its… absence?

Seems like “yeah that’s what he said but in my opinion you’re being mean to my friend” is more likely than a professional writer not knowing how to say “that’s not true”

It is patently clear what Musk meant, the guy isn’t famous for nuance. That aside I don’t find it difficult to picture the man that publicly claims that he personally elected the president thinking that he could sabotage a rail project. Now, I can’t know for sure that he believes that his Hyperloop pitch was responsible for the failure of the CA high speed rail project but if I had to make a bet about that…


What are you talking about?

hmm Tesla shipped millions of cars SpaceX launches 90% of space payloads, Starlink is working well. Thats hard to categorize as never delivered on any of his projects

The crucial thing is that Tesla's valuation has the hype projects baked in. The fact that it never delivered self driving or a robotaxi fleet and is now being saved solely by an import ban on Chinese EVs means that any success he had with Tesla is now an illusion.

Yep but again that does not qualify as never delivered on anything.

I don't follow his promises but have seen first hand how far ahead Tesla FSD is compared to competitors in the consumer space. It's not even close.

This current announcement seems silly, though.


Have you tested Supercruise?

There is another way to view this. FSD plays fast and loose because they are constantly iterating. The culture at Musk co is that if you dont' keep pushing updates you are in trouble so do we really want to trust that each of his numerous updates are truly tested? This guy is a pathological liar after all. How many lawsuits are they dealing with now?

Supercruise only runs on pre mapped routes. If my life is on the line, I'd rather take the pre mapped routes and supercruise design is better at preventing people playing games to defeat the system (ex.shoving an orange in the steering wheel) so I know that others using the system on the road are following the system guidelines.

Supercruise may not do everything FSD does but it cuts out a large portion of the "fatigue" portion of driving and as a result can be highly trusted value add.


> The fact that it never delivered self driving or a robotaxi fleet a

Once again pointing out Tesla has around 300 robotaxis running in 2 cities (Austin/SF).


Roughly 60 individual cars have been identified in Austin and all have a human driver on board.

I don't really buy that there's 250 in SF


They rolled out full driverless in Austin in November 2025 and there's a website that reverse engineered the mobile app API to track the active cars. It found 90 active in Austin with more declared total by Tesla and 150 active in SF (SF ones have a safety driver for now). Likewise they found around 300 active in SF for Waymo with around 1000 cars declared total by Waymo itself.

The projects promised to be life altering for all mankind, they ended up being not even life altering for super rich Americans considering that Teslas are just EVs which without FSD are just regular cars with a different propellent that were made for political purposes and virtue signaling

The EV revolution has always been something almost dystopic : Trillions of dollars spent in order to not have the slightest amount of quality of life improvement, if anything a worse quality of life because you buy an EV that you cannot use 24/7/365 whereas you can an ICE car for much less .

As soon as something kinda elegant and hopeful as far as collective quality of life improvement is concerned (AI/ChatGPT) came around.....the whole green/EV revolution rightfully went out the window

If Musk was this genius you guys make him to be at 50 and with all the capital he burned he should have at least one company that if you disappeared the world would look drastically different, like if you disappeared Microsoft or Apple or Exxon or Aramco or Amazon or IBM....the world would come to a screeching halt.

Disappear one of Musk companies and everything would be the same as he's always involved in these sort of aspirational companies which have this great vision always 5 years into the future that never materialize into anything tangible or that improves the quality of life like the company I mentioned earlier


well Tesla did jump start the EV revolution not life altering but is pretty important. IF SpaceX gets spaceship right that will be a huge leap forward.

Sir, your comment appears to qualify as "moving the goal post". TSLA never delivered a single inexpensive electric vehicle, and just last week abandoned all high-end efforts (S/X/CT discontinued). All TSLA manufactures now are overpriced "meh" transport boxes. Yes, TSLA was early, and now they are far, far behind the competition.

Can we evaluate based on the stated goals, or why does the criteria keep shifting?


Tesla's goal was to accelerate the world's transition to sustainable energy by building a comprehensive ecosystem of electric vehicles (EVs), solar generation, and battery storage.

Looks to me they delivered on 2 of the 3


Yeah keep believing that...they wanted to become the Standard oil / Microsoft of EVs.

But they failed to achieve the market share of Microsoft and not to mention the lackuster significance of EVs compared to Personal Computers and GUI

You can attack Tesla and Musk from 1000s different angles due to their shananigans except the one true badge of honor for a company and CEO:

Sherman Act / Anti Trust for 90+ % market share in a sector which ought to be competitive


You provided literally 0 arguments to outline how they failed to achieve their stated goals.

It's implied. Everybody who does startups is competitive. Everybody who does a startup in SV is hypercompetitive.

You think the goal was to be the first through the glass take all the cuts that go with it and then pave the way for BYD ?

Tesla is no Apple, no Microsoft no Standard Oil. Valuations might make superficial people think that it , but it ain't


I explicitly posted their stated goal and you are resorting to extreme mental gymnastics to create a straw man. under 0.01% of all startups reach valuation of 10B less than 0.0001% of startups reach valuation of 100B

Tesla is no longer a startup.

Again, tech company, startup, visionary...all these definitions are being used but in reality we are talking about a company founded back in 2001

Also I specifically stated that people who look at valuations are those who fall for narratives as opposed to looking look the impact that a company or a product has on their lives.

I remember life before Microsoft's Windows 95, I remember life before the iPhone, before Google, I remember life before Facebook, I remember life before Amazon became ubuquitous, before Uber....

It was a completely different world, much more friction , lots of quality of life wasted by that friction.

Life before and after Tesla? It's the same....hence they failed to leave a mark on society like the aforementioned companies and fell back on financial engineering , cult leadership, cult following and politics as well as hostile takeover of the US governemnt.

You speak about valuation but if we want to use dollars as a unit of measure then what impact did Tesla have as a company on the quality of life of citizens considering the amount of capital it allocated or rather incinirated ever since 2001? Very few companies enjoyed the right to spend so much, where's the quality of life dividend for citizens?

Where's the Windows 95, where's the CHatGPT which changes things and makes people question how they managed to live productive lives before it came about? Nowhere to be seen


OK how all of these mental gymnastics relate to the claim the have not fulfilled their goals? Maybe they have not fulfilled your goals but they look to have fulfilled 2 of their 3 stated goals.

Goals are PR, In the last couple of messages you keep repeating goals , goals goals, as if their PR efforts should dictate if they are considered a success or a failure.

When you burn through hundreds of billions of dollars in capital in a very public manner you don't get to pick the goal, the goal gets to pick you and it's the following, and it's for everybody not just Musk or Tesla:

"Absolute domination in a new sector of the economy which changes the life of citizens so much so that they cannot fathom going back to life before such new tech/product' introduction and subsequent intervention of Government for Sherman act purposes / Anti Trust"

None of that will ever come to fruition as it was the wrong crusade to begin with considering that the population never really deeply wanted it and so it is being rightfully abandoned.

Considering the cultish nature of Tesla I'll make the following comparision:

If Companies logos are the new cross/star of david/ insert religious symbol then Tesla failed in their crusade. The remains of the wrong crusade enterprise is being picked up by others who might or might not get some satisfaction and returns out if it.


And now Tesla is hindering that transition.

Sure by building largest charging network and allowing to use their patents they are hindering that transition really badley.

No, by blocking other entrants to the US market through Elon's personal connections with the administration.

there are 100+ EV models available in US. The only "blocked" entries are Chinese brands which are skirting tariffs by using owned European brands e.g. Polestar, Volvo etc.

The Starlink achievement alone is one of the most insane projects ever attempted and works really well.

According to google Tesla has shipped 8 million cars total since inception. It is valued at 1.32 Trillion as of today. Which is roughly $165,000 per shipped vehicle.

I am not arguing Elon is a nice dude or Tesla's valuation is justified. I am saying claim has not delivered on anything is false.

Lol this is why you aren't a VC. Even if every single Musk venture failed other than SpaceX, the investments would have paid off wildly well. You aim for the tails not the median.

Shift your goalposts over to Google if your only argument is pointing out projects that dead end and ignoring the ones that don't. So embarrassing.

Google has a PE ratio of 34. Kinda expensive but reasonable in today's climate. Tesla has a PE ratio of almost 400. It's a meme stock at this point.

I'm amazed at this kind of thinking. I get it, obviously, and it's not uncommon, but still.

Elon Musk has already revolutionized three industries:

1. EVs: Before Tesla, no one thought electric cars could be a mass-market product. And even today, the Model 3 and Model Y are at the top of almost all sales lists.

2. Orbital Launch: No one expected Space X to succeed. What does a software guy know about real engineering? But today, re-usable rockets are the way of the future, and Space X is at least 5 to 10 years ahead of any other company.

3. Satellite Communications: Every single major military power is trying to deploy their own version of Starlink. Before Starlink, 50 satellites was considered a big constellation. Starlink has 8,000 satellites and they are literally launching hundreds every month.

I know it's impossible to prove a counter-factual, but I'm convinced that none of these three would have happened without Elon. No other Western car company has (even now) produced a profitable EV. No other space company has prices as low as Space X. No one even has the capability to build a Starlink competitor (not yet at least). Without Elon pushing these projects, they simply would not have happened or would have happened decades later (after China or someone else beat us to it).

Even his not-yet-successful projects are far beyond most other companies:

Boring Company has actually built tunnels and passengers are actually riding it. No one else is even trying.

Neuralink has actually helped patients.

Tesla FSD actually does work (I use it all the time), and even if Waymo is ahead, Tesla is easily in second place.

I 100% get the hatred for Elon Musk. His political positions are absolutely worth criticizing and I cringe most of the time he tweets. But to deny his business and engineering ability is just motivated reasoning.

Such illusions are ultimately self-defeating. The more opposed one is to Elon Musk (in business or politics) the more important it is to see his capabilities clearly.


> Boring Company has actually built tunnels and passengers are actually riding it. No one else is even trying.

Boring Company bought an existing tunnel boring machine (TBM), and used it to dig a car tunnel. Their only “innovation” in terms of any cost savings is to dig smaller tunnels - which we already knew could be done (tunnel cost grows with diameter), and which we don’t do for good reasons (capacity, emergency egress).

The branding and marketing exercise was excellent though.


Business ability, ok. Engineering? I've seen no evidence to date musk has engineered anything in his life, unless you count zip2

Don't forget that Musk also founded Open AI (ChatGPT).

In a way, its kind of cool to see how robber barons work in real time in our generation. Its also insanely depressing as they will systematically enshittify and extract as much wealth from society as is possible.

I don't actually think the Robber Barons in the 1920s had people going out of their way to defend them and insist they had special knowledge.

The New Deal happened with massive popular support because people did not like the Barons, and wanted to stop them and actually have a life worth living.

It only took like 30 years of suffering.


The Robber Barons weren't in the 1920s; that refers to industrial age monopolists (e.g. rail/oil), and culminated in the Sherman Antitrust (i.e. 1800s).

Broadly, your point is still valid, though. Just a mild inaccuracy between the Gilded Age and the roaring 20s.


he seems to return to his investors quiet effectively, which is ultimately what a CEO has to do to attract more capital to build stuff.

And I have a Tesla and starlink and I'm quite happy with the level of autonomy the car has, so he has delivered on some level


Yeah, but there are enough people to buy the hype.

The guy also was super excited to go rap3 some k1ds in the island. Gladly he also failed at this.

> The investor's aren't idiots

citation needed.


It's a CONSTANT stream of new ideas with no payoff at this point.

Hyperloop > Neuralink > Self-Driving Cars > Robotaxi fleets > Personal Robots > Orbital Datacenters > [insert next vibe shift]

At what point do people start to see the ever-shifting goalposts for what they are?


Hyperloop was never a company project, neuralink was a separate company, tesla is rolling out driverless robotaxis and fsd is amazing, robots inevitably are going to do the majority of work - there’s no real doubt about it is there?

Datacenters in orbit seem insane so idk we’ll see


> robots inevitably are going to do the majority of work - there’s no real doubt about it is there?

There's a lot of doubt that the AI and compute to enable that would happen on commercially relevant timescales.

Consider: "do the majority of work" is a strict superset of "get into car and drive it". The power envelope available for an android is much smaller than a car, and the recently observed rate of improvements for compute hardware efficiency says this will take 16-18 years to bridge that gap; that plus algorithmic efficiency improvements still requires a decade between "car that can drive itself" and "android that can drive a car". (For any given standard of driving).

And that's a decade gap even if it only had to do drive a car and no other labour.

You can't get around this (for an economy-wide significant number of androids) by moving the compute to a box plugged into the mains, for the same reason everyone's current getting upset about the effect of data centres on their electricity bills.

And note that I'm talking about a gap between them, not a time from today. Tesla's car-driving AI still has safety drivers/the owner in the driving seat, it is not a level 4 system. For all that there are anecdotes about certain routes and locations where it works well, there's a lot of others where it fails.

That said: Remote control units without much AI are still economically useful, e.g. a factory in Texas is staffed entirely by robots operated over a Starlink connection by a much cheaper team in Nairobi.


I appreciate you engaging, but I'm not sure power how would be the limiting factor. Assuming an average of 1kW of compute needed per robot (for reference, Tesla's AI4 is ~200W, rumors say 800W for AI5, nvidia B200 is ~1kW), that's nothing compared to the amount of energy we use for locomotion (a car eats like 20kW at 60mph).

> Assuming an average of 1kW of compute needed per robot

1kW would be hell on the battery, and at the same time make the robot a space heater even while standing still which in turn creates new problems if you want to replace all labour with them.

Further, to my point about moving the compute out of the machine and mains-powering them, the current global electricity supply and demand is about 350W/person. We're currently already using all of that, including for industrial purposes.

To see the effect of demand exceeding supply, observe that the data centres were starting to cause local problems with only 4-5% of the USA's national power use.

Even if the current literally-exponential growth of each of PV and wind continues, it doesn't change my timelines: even with 31% per year compounding growth for PV, and given what we're doing with it already even without androids, it takes a sufficiently long time to build out sufficient electricity for androids that we're not likely to have enough spare electricity to run an economically relevant number of them (say, equivalent to 10% of the current labour force) before we improve both the compute hardware and the algorithmic efficiency of the software running on it.


Oh this is a political problem then, not physical. China adds as much capacity annually as the US totals. We will deploy more as the industry scales, I don’t expect it to be a bottleneck.

I agree 1kW is a lot for a humanoid, I can’t predict how much of that will be necessary. People run 1kW PCs at home though so not that bad.


> China adds as much capacity annually as the US totals.

This sounds like you misunderstood my point.

This isn't a China-renewables-vs-US-renewables problem, it's the total electrical supply worldwide from all sources that's only around 350 W/person.

With regard to renewables, the point is that *even though they're growing fast, even when baking in the assumption that we continue to deploy more at a sustained compounding genuinely exponential rate, then it's still a decade away from being relevant*. At which point, the effect of a combined efficiency boost to hardware and software also becomes relevant.

> People run 1kW PCs at home though so not that bad.

*Some* people run 1kW PCs. Even in the USA with relatively high energy supply per capita, were *everyone* to do this it would either cause brownouts, or increase energy prices by (best guess) something like 5x to reduce demand by the same degree elsewhere in the system.


Don’t forget LEO satellite internet! Oh wait….

Major grift vibes, inventing half-baked reasoning to justify massive valuations. If money wasnt so deeply entwined with politics at this point, this is the sort of news that would launch fraud investigations.

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