Wanna bet there will be an announcement the the govât is going to âmassively upgradeâ some part of its fleet with cybertrucks?
Remember when they started talking about the postal fleet? Iâve been expecting an announcement along those lines ever since.
The various entities that Musk convinced to buy Twitter for him put up billions apiece, though. This is some serious money that got thrown down the drain, on a business plan that never remotely withstood the slightest bit of scrutiny, but which a lot of financial institutions seemed to buy into. (Musk paying far more for Twitter than it was worth, for a company that barely made money in a good year, and declaring that somehow - without even a back-of-cocktail-napkin business plan - he was going to transform it into something that would make tons of money. Which he obviously didnât, instead turning into a shadow of what it had been previously.)
Clearly the only reason anyone rubber stamped the deal was because it was being proposed by Elon Musk, which resulted in them not doing their due diligence (or frankly paying any attention to what he was proposing). The weird bit was that the various entities putting up the money were left holding the bag because it was so beneficial to Musk. They were immediately left writing down their investments in Twitter, with their billions turning into millions. The XAI deal is just replacing one worthless investment with another, but it may allow the various entities involved to pretend their Twitter deal isnât a total write-off for a while longer.
The whole story completely disproves the idea that anyone involved was a rational actor, because thereâs no way anyone but Musk actually benefits from any of this (and he largely benefits only in that he gets to play with Twitter as he kills it).
But they had one million* pre-orders!
*Said in Dr. Evil voice, of course.
Cynics wouldnât be cynics if cynics were more often wrong.
I have no idea but Iâve noted thereâs definitely a class of variously august school graduates in the last 20 or so years who truly and unquestioningly have accepted that they, being they are the smart ones, are the naturally âgiftedâ heirs to hereditary power, and thus they simply cannot fail no matter how stupid, vile, or wasteful they are.
I feel like instead of being so much justifications for rule though these arguments are really more demonstrations of power because the most demonstrably powerful way to rule is to suck at it but make sure no one can escape you. Thatâs the ultimate expression of power isnât it? To fail and fail and fail again and still not be deposed?
I mean they pardoned a guy who committed straight up fraud.
Having some cynicism is fine, while giving up all hope isnât.
$200 million? Whatâs that in actual street value?
I find it difficult to criticize someone for ignoring something that doesnât exist.
Flying vertically.
Can the Cybertruck. I want a Cynictruck.
Iâm still furious that msnbc dumped Mehdi.
Yeah, me too⌠His stuff on Zeteo is great, though.
Thanks for hippinâ me, Sugarplum.
Huh. Turns out Unicorn spit isnât such a great glue after all. Well, I never.