Loading video...

Video Failed to Load

Go Home

🚨SPACEX DIDN'T ACQUIRE CURSOR FOR TALENT A rocket company buying software for the largest startup acquisition in history Here's what almost nobody realizes: They didn't buy a talent or a coding app. They bought the data underneath it. Cursor's users generate ~150 million lines of code a day. Every...

35,571 views • 1 month ago •via X (Twitter)

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

Jeff Bezos just told you exactly how to price AI. Nobody listened. Bezos: “AI is real and it is going to change every industry. In fact it’s a very unusual technology in that regard in that it’s a horizontal enabling layer.” Horizontal enabling layer. Three words that reprice the entire technology sector. The iPhone was a vertical. One product. One new market. Electricity was a horizontal. One substrate that rewired every market on Earth. Wall Street is pricing AI like it is the next iPhone. Bezos is telling you it is the next electrical grid. Right now, thousands of companies are trying to sell AI as a product. A feature. A tool. A subscription tier. Every single one of them will be priced to zero. You do not sell a horizontal layer. You do not compete with it. You build on top of it or you disappear beneath it. For a century, entire industries survived on one thing. Complexity. The friction of navigating law, medicine, logistics, finance. That was the moat. If you could not memorize the maze, you could not compete. A horizontal layer does not navigate the maze. It dissolves the walls. Electricity did not compete with the candle industry. It erased the need for one. The most dangerous part of a horizontal shift is how quiet it is. It moves underneath the economy. The surface looks normal. Revenue still holds. Every day you operate on the old substrate, you accumulate a debt you cannot see and cannot repay. The internet repriced distribution. AI is repricing cognition itself. When intelligence becomes a utility that runs through the walls of every company on Earth, the premium on human expertise does not erode. It evaporates. This is not a disruption. Disruptions replace products. This replaces the ground you are standing on.

Dustin

542,327 views • 5 months ago

The world just paid $2 trillion for a rocket company that lost $4.9 billion last year. And the rockets are not why it lost the money. They are the only part making any. SpaceX went public Friday, the largest IPO in history. Up 19%, a $2 trillion valuation, Elon Musk the first trillionaire. Then you open the filing. Three businesses sit inside it. Starlink, the satellites, brought in $11.4 billion, 61% of all revenue, and $4.4 billion in profit. It is the only piece that earns a dollar. The rockets that land themselves run a small loss reinvesting in Starship. And the AI arm, Grok plus the app once called Twitter, folded in this February, lost $6.4 billion in a single year on $12.7 billion of spending. Read that again. The satellites pay for everything. The AI loses more than the satellites make. And the AI is the part the market fell in love with. It gets bolder. The prospectus claims a total market of $28.5 trillion, the largest any company has ever put in a filing. Larger than the GDP of the United States. That is the number underwriting a $2 trillion price tag built on a division bleeding $6 billion a year. Now the structure. About 4% of the company trades. That sliver sets the price for all of it. Musk is locked up for 366 days and holds roughly 80% of the votes. The public bought a company they cannot steer, priced on the one segment losing the most. This is the whole year in one ticker. The profit is satellites. The story is AI. The market bought the story. The rockets were never the risk. The risk is a $2 trillion price resting on the one bet that has yet to make a cent.

Shanaka Anslem Perera ⚡

722,235 views • 3 months ago

Once you dig into the “AI industry” it becomes clearer & clearer what it really is. It is an extraction project. It has already extracted the ENTIRE DIGITIZABLE OUTPUT OF HUMANITY. Our ideas. Our art. Our science. Our math. Through a clever algorithm discovered in 2017, Jensen Huang and Peter Thiel’s protege Sam Altman figured out how to accelerate existing “generative AI” technology with GPUs. This was NOT an innovation in accuracy or “intelligence,” it was a way to process an old algorithm in parallel. OpenAI was staffed in large part by “Effective Altruists”—a cult started based on the doomer science fiction of Eliezer Yudkowsky on the website LessWrong. Peter Thiel was the initial funding for OpenAI, EA, and Yudkowsky. OpenAI successfully convinced the market, and themselves in many cases, that they had birthed some new form of life. They just needed to make it BIGGER and it was destined to become “superintelligent.” Based on Yudkowsky’s goofy ideas, AI was gradually anthropomorphized and deified—despite the fact that it was just software regurgitating the exhaust of human beings. The entire “alignment” movement is based on the presumption that chatbots deserve “moral standing.” It’s exhaustingly ignorant. Eventually OpenAI employee Dario Amodei, a dedicated EA adherent, became concerned that OpenAI was not RELIGIOUS ENOUGH about AI being sentient, so he broke off to form Anthropic and named his chatbot after a person. This false premise, that an algorithm was somehow producing “intelligence” was further amplified by training the output to sound as human, and addictive, as possible. The combination of a kind of religious fervor inside, a deceptive product, and a flood of influence operations on the outside fueled a wild flow of speculative investment in both OpenAI and Anthropic—and especially into NVIDIA. This eventually poisoned the entire technology sector which came to believe that the “race for AGI” was existential, so they committed TRILLIONS to achieving it. The data centers are all a function of a misunderstanding of what they are building. Generative pre-trained transformers (GPT) are NEVER going to be intelligent, much less conscious. All they do is take our stolen stuff and sell it back to us. They do not experience. They do not do anything—unless you send a string of text for them to process. Nevertheless, the entire financial industry, and now the federal government is pushing this dead-end project to engulf the nation in data centers and swallow the economy with “AI factories.” It’s downright insanity. All of that capital expenditure is already junk. It can physically never make money. It’s built for GPUs which are the wrong substrate for AI. Large language models are useful search engines for stuff we’ve already done. They are the compressed, digitized exhaust of humans with a clever language interface. That’s it. There is no moat. There is no real innovation. There is just an accelerationist delusion and no adults in sight. Chatbots are a software feature, a commodity, that has metastasized into a cult digging a $10 TRILLION DITCH. The reason this has gone so far is that rather than compete in a democratic capitalist system for the best technology product, this cabal of lunatics created an “internet alternate reality” that could “unilaterally change the world.” The current AI industry is the largest extraction project in history. It is strip mining humanity and selling it back to us as slop. “If you’re evil, you’re not bad, and maybe that means you’re kind of good.” —Peter Thiel

Jim Stewartson, Decelerationist 🇨🇦🇺🇦🇺🇸

69,861 views • 5 days ago

AI just hit a wall that no amount of money can move. The planet itself. There is not enough power, water, or land on Earth to build the data centers the AI race now demands. So the most valuable bet in artificial intelligence is no longer a chip company or a model. It is a rocket company. The plan is to leave. In January, SpaceX filed with the FCC to launch up to 1 million solar-powered data center satellites into orbit. In February it bought xAI, the maker of Grok, folding an entire frontier AI lab into a rocket company in the largest corporate merger ever recorded. On June 8 it unveiled the AI1, a compute satellite with a 70-meter wingspan, wider than a Boeing 747, powered by the sun, cooled by the vacuum of space, and wired to the ground through Starlink. Four days later it went public in the largest IPO in history, near 1.77 trillion dollars, touched 2.1 trillion on its first day, raised close to 86 billion, and made one man the first trillionaire alive. Now read the direction of that merger, because it is the whole story. A rocket company bought the AI lab. Not the reverse. For three years everyone assumed the constraint on AI was chips, or data, or talent. It is none of them anymore. It is energy and heat and dirt. The head of Anthropic said his company grew faster than the exponential, 80 times in a single year, and that is exactly why it ran out of compute. The answer was not to build more data centers in Virginia. It was to leave the atmosphere, where the sun never sets and a solar panel does five times the work. The moat in artificial intelligence is no longer the model. It is the launch. And the first rent is already being paid. A rival lab, Anthropic, is reported to be sending roughly 1.25 billion dollars a month to Musk for compute. Google near 920 million. If intelligence moves to orbit, the company that owns the only affordable road there becomes the landlord of the next layer of the internet, the way one bookstore became the landlord of the cloud. The merger is the proof of concept. The IPO is the war chest. Those monthly checks are the lease. Here is the part the price tag does not want you to read. Close to a trillion dollars of that valuation rests on orbital data centers that do not yet exist, and on a chip factory, Terafab, that SpaceX's own public filing calls a general framework with no binding deal, one that may not achieve commercial viability. Musk said it on camera. This is not a promise. The largest IPO ever written is priced on a future the filing itself cannot verify. The other side is just as real. Compute in orbit costs about four times what it costs on the ground today, and the curve may not cross for fifteen years. The machines that print the chips are backordered for years. Shedding heat in a vacuum at this scale has never been done. Musk's timelines have a long history of meaning later. And Bezos is racing the same orbit with a constellation of 51,600 satellites of his own. But strip it all away and the trade underneath is one sentence. Earth has run out of room for intelligence, and whoever owns the road off the planet owns whatever gets built next. Call it the most expensive science fiction ever sold, or the first time the map of the internet pointed up.

Shanaka Anslem Perera ⚡

54,545 views • 3 months ago

WHY ARE WE STILL PAYING ALMOST FOUR DOLLARS A GALLON WHEN OIL IS NEARLY $70 A BARREL?! Oil is trading in the seventies right now. Go back and check the history books. The last time crude sat in that range for any real stretch, gas was closer to two dollars and sixty cents a gallon. Today the national average is sitting near four dollars. Something does not add up, and Americans know it. There is an old saying in this business. Prices rise like a rocket and fall like a feather. Economists even have a name for it. The rocket and feather effect. When oil spikes, the pump reacts overnight. When oil drops, that same speed mysteriously disappears. The industry has a story ready every time. They say they are still selling expensive oil bought weeks ago, so prices cannot fall yet. Fine. But watch what happens the moment tensions with Iran flare up. Oil ticks up four or five dollars a barrel and somehow pump prices jump forty or fifty cents overnight, on oil the stations already had sitting in the ground bought at the old cheaper price. You cannot have it both ways. Slow to fall because of old inventory, instant to rise regardless of it. That is not a supply chain. That is a shakedown. Trump has pushed harder than any president in a generation to open up drilling, cut red tape and increase the actual supply of American energy. That is supposed to be the whole point. More supply, lower prices, real relief for working families filling up their trucks. Families are doing the math at the pump every single week. They are not confused. They can see a rocket going up and a feather coming down, and they are done pretending it is a coincidence.

Bill Mitchell

14,474 views • 3 months ago