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Comment Re:If the asset tax passes, he'll owe 1.5B (Score 1) 167

Selling shares could mean the different between control and loss of control of the company. As in, you have loyal people on the board who understand your vision, and suddenly depending on perent ownership you and your friends will be minority stakeholders and you can get kicked out of your own company. Remember, it happened to Steve Jobs famously. But it's actually fairly common the founders get kicked out of their own company when they no longer have controlling amounts of shares. You'd be handing control of the company to people who bought shares solely because they want to make money. Don't care about the vision, don't care about the industry. Which is OK, but also they won't know how to run things. Next thing you know the company gets run into the ground.

Also, what about private companies .. are they going to be tax exempt .. you're going to value them based on how many people want to buy shares? What would those shares be worth when they're stolen from the owners? This is like Zimbabwe seizing white owned farms and handing it to people clueless about farming.

Comment Re:If the asset tax passes, he'll owe 1.5B (Score 1) 167

The asset tax is dumb. how is he supposed to pay that tax without diluting his ownership stake? When he announces he's selling shares, the value of OpenAI will drop just by that. So does he pay tax on the new or old valuation? I don't see how anyone would just go along with that. He'll be fucking pissed. I mean, if you had $30 billion and someone pisses you off beyond anything by taking what you put your heart and soul into you'd do every legal means to makes sure whoever done that to you pays. He'll hire a posse of lawyers to ensure he gets back at them.

Comment AI will create a ton of jobs (Score -1) 42

All the vibe-coded slop .. instead of buying enterprise software .. it will just get vibe coded by the IT department. Think about that .. instead of buying a license for Photoshop a design company can just vibe code a photo editor that has what they need. "create a full featured photo editor with some custom features like ..."

AI will create new jobs and opportunities.

Comment Re:Should be easy to find the users (Score 2) 135

Have you been to Iran? Nearly every middle class and above home in Iran has a satellite dish -- and that includes, and actually especially the elites. They're not transmitting .. but all of them are literally illegal (punishable by jail time). My point is that not just that you're giving Iran too much credit on their ability to crack down on shit, you're giving its elites too much credit on their ability to be without internet. Iran's leadership rules by fear, bravado, and random arrests -- their actual technical capabilities are weak. They don't do anything evidence based, the whole point is to be somewhat random as that elicits the most fear. For example, somebody within the IRGC, who likely actually owns a Starlink unit themselves, complains about their neighbor by accusing him of owning Starlink and then that guy disappears. I'll bet anything they haven't caught one actual Starlink owner.

Think about it .. the US landed C-130s, and a bunch of other aircraft including helicopters deep in their territory --- hung out for like 45 minutes and left. They couldn't track noisy ass helicopters and you're telling me they can find a phase array antenna Starlink? Most units of which, I can pretty much guarantee, are owned by government-connected people. And btw, they can be solar powered and planted some distance away from whoever owns it.

If these were easily detectable people wouldn't be smuggling these in like they're the iPhone.

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