Comment by simianwords

Comment by simianwords 2 days ago

12 replies

why does it attract investors if it is so obvious that it will fail?

it is a ridiculous conspiracy theory you are trying to assert - musk comes up with an absurd idea that captures investor's attention. its not like he wants to make a good product, he just wants to fool investors. not only that, he fools them, gets the money and then puts said money into this venture that obviously won't work. why does he waste his time into a venture that obviously won't work? who knows

lossolo 2 days ago

You should ask yourself this, not me, you're the one who blindly believes what Musk says. He also said he was creating a new political party in the US, how's that going? Did you believe him when he talked about landing people on Mars in 2018? It’s 2026. How is boring company going? etc. I think you're overinterpreting what I wrote and projecting. I'm telling you how the physics works, and the physics is simple here: unless you change the physics or discover some exotic, cheap materials, this is 100% not economically viable today or in the near future.

  • simianwords 2 days ago

    So you have no clue why he's doing it? He's putting money in a thing that will obviously fail.

    Either you are way way smarter than him, or he's doing this for some other ulterior motive.

    • lossolo 2 days ago

      You didn't answer my questions. How is The Boring company going? And in this context, you can also ask: "Is he putting money into something that will obviously fail?"

      Also, go back and read how many people who were "smarter than him" there nine years ago:

      https://news.ycombinator.com/item?id=14223020

      • simianwords 2 days ago

        Here Bezos, sundar, Jensen all are invested.

        On boring: it’s easy to say in hindsight.

gosub100 2 days ago

Because "investors" are a large group. Many of them are not involved in the industry and are clueless about tech. Same reason they invest in OpenAI, that hasn't made any money.

Investors, both commercial and individual, often have more money than sense.

  • simianwords 2 days ago

    Do you think investors as a large group make enormous amounts of money on average?

    • gosub100 2 days ago

      I didn't say they make it. They have it, like an older person who grew their portfolio over time. They are an example of someone who invests in AI without knowing anything about what it is.

      • simianwords 2 days ago

        its incorrect - investors and wall street in general _makes_ money on average.