Billionaire Envy makes billionaire CEOs do idiotic things.
Mutliple examples:
1) Steve Ballmer was infuriated by Apple and Google, so he ordered Microsoft to try to make direct competitors (Windows Phone and Bing) which never really worked. He had a toxic workplace culture.
2) Mark Zuckerberg was infuriated by Apple owning the end-user device hardware and cutting off his ad money because of Apple privacy settings. So he went on this massive crusade to promote the Metaverse, not because he wanted the metaverse but because he wanted control of the end-user hardware platform and its raw social use data. He hoped if Metaverse hardware were as popular as phones he would be the #1.
3) Elon Musk is upset that OpenAI is succeeding and Sam Altman is getting all this attention. So he orders an OpenAI clone the way he thinks it should be. There is going to be no "understanding of the universe" from people experimenting with pytorch algorithms. I mean I like experimenting with pytorch algorithms but that's all it is.
The first two cases, Microsoft and Facebook started to recover once they re-concentrated on what they were naturally good at (business software & OS now on Azure, and social media respectively) rather than managing by envy.
In the third case, it's not clear what Musk is actually really good at any more. His primary talents used to be being able to raise money from investors for long-shot technical developments---and that's not an insignfiicant skill. For early SpaceX and Tesla that was really essential. But now his declining emotional maturity and publicly obvious management failures means that investors will stop believing in his promises.
I think he may be suffering from the effects of years of amphetamine abuse. He was always an egotistical prick but the amphetamines can amplify this.