Good point. What does Musk actually provide consumers? A handful of Cybertrucks? The original Roadsters are not his work. He litigated the founders until they said he was a founder too, even though he wasn't. And SpaceX, Boring Co, xAI are all faith-based valuations based on the future.
This is a terrific thread, and you should read the whole thing, but to reiterate one point: the valuations on Musk's and the other tech barons' companies are entirely faith-based positions. This is important to remember when the Musks and Altmans talk about inevitability.
I guess he is the world's biggest purveyor of white nationalism and you have to pay $8 to use his site, so there's that. Even still, and this is good news, X is a tiny platform compared to other social media. At this point, racism, misogyny and DOGE are his biggest contributions.
These people live in fantasyland.
These people live in fantasyland.
Insufferable garbage but if these peoples' wildest fantasies came true, and they, the elite, the supposed ubermenschen are left standing at the end of the human world, they'd kill each other.
This is bombshell stuff.
when the bubbles pop you better believe these people (and high level crypto speculators in general) are the only ones who are going to get bailed out. there’s precedent aplenty, and it’s likely the plan to begin with