If you had bought a 7 or 5 Series at that time, you would not have had that experience. The 2001 7 Series had something like a 25% roadside breakdown rate.
You’re not getting it.
Anthropic continual fear mongering is harming wider AI industry development and the gov has always been looking for an excuse to assert their dominance. They got what they deserve.
Or maybe government AI regulation and international cooperation is the only thing that can break the arms race dynamics and is necessary to save us from a substantial chance of doom?
What do you mean by $60b in value? Revenue? Valuation? Cursor’s most recent raise was at a post valuation of $29b.
Also, leadership at MSFT has talked quite a bit about their strategy with VS Code and it’s exactly what I was describing above (which is why I used it as an example). They give it away for free so that they can control the ecosystem.
While I generally agree with your sentiment, imaging how they would say it to users: your ai works on iPhone 15 pro but some things will work if it’s a little less private we send things to a server then the regular 15 can do it. Image generation is server based so 15 is ok, but editing an image is not since 15 does not have enough ram but 15 pro does. Etc etc.
They won't, SpaceX will weigh less then 1% in most indexes, since they're mostly float adjusted, only NASDAQ will overweight them, but FTSE/MSCI/CRSP/SP will not.
It's still quite some money but it won't crush the market by itself.
The truly terrifying thing is that someone could short the Musk companies, and with one bullet can cause them to drop 50-90% right away (thanks to meme-ness). And they are valued so high that such a person could make billions overnight, maybe 10s of billions. Terrifying to be Must or anyone that shares a car or plane with him.
Recently, there was a problem with the engine misfiring but it was $200.
LA, California
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