Tesla has almost half the market cap of Alphabet. Think about how many different products and revenue streams Google has, in addition to a fully functional self-driving car business already. Compare this to Tesla, selling cars and batteries (and seemingly giving up on these products), and being way behind competitors in developing a self-driving car service.
N0t_5ure@lemmy.world 2 days ago
Musk is now talking about having Tesla invest in his xAI company, which I find to be a transparent attempt to try to leverage the AI mania to prop up Tesla’s stock price. Eventually this will all come crashing down, but as the saying goes, markets can remain rational longer than you can remain solvent, so the collapse may take a while.
protist@mander.xyz 2 days ago
saltesc@lemmy.world 2 days ago
It feels like AI Mania has come to an end. Kind of like Facebook, the only ones still on it are your parents.
shalafi@lemmy.world 2 days ago
LOL wut! It’s just now getting started. It’s going to be years until the winners and losers are sorted. In any case, AI is here to stay. For some companies anyway.
saltesc@lemmy.world 2 days ago
In referring to AI Mania and the disdain people got discovering genAI is still disappointingly a long way off. It wasn’t a leaps and bounds thing, just LLMs bringing the attention back on like there was a breakthrough, though the pace of the tech has not changed.
Expect a resurgence in a few more years once the world is done with betas and thing improve at the same old rate. I think the best we got coming up is genAI assisting the increase of speed toward actual AI as a whole. Reliable generative iterations would be really helpful, but we’re obviously not there yet and likely not for a little while more.
In the meantime, the global open betas not advertised as such have done their job, but have left a foul taste in mouths.
lemming741@lemmy.world 2 days ago
I will never forgive the zucc fir killing craigslist
SinningStromgald@lemmy.world 2 days ago
I do hope to be around to see the complete destruction of all Musk businesses. I’ll eat some nice chocolate cake and drink some good bourbon that day.
LilB0kChoy@midwest.social 2 days ago
It’s not bourbon but I’d recommend a nice Yamazaki Single Malt.
SinningStromgald@lemmy.world 2 days ago
Not a big whiskey drinker but I will add it to my list to at least try. Currently working my way through some Buffalo Trace because my brother got his hands on an entire case at a good price.
LilB0kChoy@midwest.social 2 days ago
I’ve been sober 8 years now but my brother got me a bottle of the Yamazaki 12 year back when it first came to the US, when it was about ~$40 a bottle and I was still drinking. I was always a big bourbon drinker but that was some of the best whiskey I ever had and I still remember the Yamazaki specifically.