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Comment Re:No longer just SpaceX (Score 2) 82

If they think it's worth it, on the balance, yeah. I'm not telling people where to put their money; or how to weigh the risk of Musk skimming the till on the actually-profitable rocketry in order to cover losses building mechahitler or trying to make orbital datacenters work.

I was mostly responding to the "I ask because I'd imagine the first thing the collective shareholders will ask for is that the crappy bits of Musk Inc. get divested as quickly as possible." part of the above poster's post. This is 100% an IPO where, to the degree legally possible and potentially beyond, and more so than even typical tech IPO voting structures, anyone who thinks that they are getting even a whisper of oversight, even at institutional investor scale, is kidding themselves.

It's up to you whether or not you think that a security representing whatever basket of endeavors Musk feels like conducting will be worth it; or if the risk that he'll bleed the winners to prop up his more dubious bets is too high; my note is purely that this IPO is genuinely rather novel in the degree to which it's designed to put the current CEO in effectively total control. Even compared to something like the mostly-unremovable Zuckerberg voting/nonvoting shares arrangement this has additional curbs on shareholder resolutions and litigation options.

Comment Re:No longer just SpaceX (Score 5, Informative) 82

Anyone who is hoping to avoid Musk's dumber ideas should probably just stay the hell away. Even by the standards of the classic "oh, there's actual-votes stock and peon stock; guess which kind we sold during the IPO" stuff; spacex is pushing things. The boy-king of mars holds 85% of the voting power; shareholders are required to waive the right to jury trial or class action and submit to arbitration only, only class B shareholders(mostly Musk) can remove the chairman of the board, CEO, or CTO; and similar enthusiastic use of Texas' provisions for 'controlled companies' that really don't want to take any pesky outside input.

Putting your money on that is pretty much entirely just making a bet on whether you think the dictator for life will make line go up or not; not even pretending to be analogous to an ownership stake.

Comment Re:Artificial wombs are coming (Score 1) 36

If it weren't a technical issue; would it actually be a moral issue?

I suspect that there are lots of ways, including some surprises, of getting the problem wrong to some degree and introducing nasty developmental issues; so I could see an IRB having very plausible objections to the "eh, we'll keep pumping out flipper babies until we trial and error our way to what an embryo requires to develop a brain stem properly!" R but, if for sake of argument, you had a system that actually worked wouldn't that basically just be surrogacy without the seedy undercurrent of economic conscription?

Comment Re:No longer just SpaceX (Score 5, Interesting) 82

Unfortunately, Musk and friends took that into account. They demanded, and received rule changes to get rammed into indexes as fast as possible. They'll certainly be happy to take direct purchases from any of the weirdos paying for blue checks on twitter; but the strategy is clearly intended to not require the bagholders to bite directly; instead hitting anyone with index exposure as rapidly and automatically as possible.

Comment Re:Seems like a strange move. (Score 1) 49

I assume that this would have been too banal, or he's about a generation too old to remember it immediately; but it really sounds like he could have 'solved' the same problem to the same degree with milkdrop or one of the other popular music visualization options from the glory days of winamp; but thought 'AI' would make a more interesting 'making of' story.

Comment Re:Seems like a strange move. (Score 1) 49

The idea that 'philosophical' means 'vaguely trippy visuals' seems weirdly common. In fairness to the people doing the visuals sometimes it's because what is being passed of as 'philosophical' is stupid; rather than because they are; but the latter case is also pretty likely. No idea what Lennon said in this case so can't comment on the likely cause.

Comment Re:Kickbacks maybe? (Score 1) 61

There's definitely potential for it to have been installed because it was stupid cheap and promised possible benefits with no downsides; but I'm less clear that you attempt to override a city council decision by invoking a 'public safety emergency' without any apparent basis in either fact or law to keep them up just because they are stupid cheap and have no apparent downsides.

This whole sordid story is the one shaking down after someone became concerned enough to get the city council concerned enough to get them taken down; not during the initial justification process where they were just cheap and quick and seemed all upsides. The level of initial enthusiasm requires no special explanation; but at this point dude is actively sticking his neck out to save them; which seems like it does require correspondingly more explanation.

Comment Good Job Eric! (Score 2) 174

Even if you actually like "AI" Schmidt is sort of a dismal option. This is the "my plan would be to use AI to clone tiktok" guy with a career that's genuinely impressively uninteresting for someone of his educational qualifications. Who gets a PhD from a real school just to turn in 40+ years of pure suit?

Comment Re:Kickbacks maybe? (Score 4, Interesting) 61

I certainly wouldn't bet on 100% squeaky clean behavior from Flock; but it's probably also worth looking at his relationship with the local cops and their relationship either with the vendor or with other entities that have an interest in the flock data.

I don't think that this is particularly uncommon; but going by the City of Troy's budget; it looks like the cops are kind of a big deal. Over a quarter of the budget(~27million out of 90 million); and the chief, deputy chief, assistant chief, and police captain all make more than the mayor; you have to get down to the 27 sergeants to draw approximately equal to him. This in a 50k person town that apparently saw enough serious-enough-for-custody crime last year that they managed to keep 'prisoner meals' down to $787. A significant amount of money and the significant political clout of being the organization best placed to both feud with the mayor over whether or not his administration is doing a good job on crime and public safety and potentially do a bit of making it so in terms of how they handle, or slow-walk, the sort of highly visible but petty-enough-for-discretion public nuisance stuff. Municipal government isn't usually a 'coupe' situation the way nation states are; but there's a not entirely dissimilar 'bad idea for the nominal head of government to be on bad terms with the security forces unless there is huge public support for cleaning house' dynamic.

Doesn't mean that they are necessarily outright paying him off or leaning on him, plenty of people have an authentic fawning enthusiasm for authority figures; but not exactly a surprise that you'd see a mayor freak out about threats to a pet program that either he liked, the PD liked, or was part of some 'cooperation' or 'fusion center' thing that sounded important and had cool acronyms and gave everyone on the force a periodic break from taking calls about moving violations and uppity teenagers to go play with some regional partnership's 1033 program toys; thought outright kickbacks from the sleazoids at flock, or intermediary reseller, certainly aren't wildly implausible.

Comment Re:Reverting to third-world status (Score 1) 146

Arguably worse. It's certainly not like a lot of the third world is as it is because of virtuous and competent leadership; but going from lousy to lousy is frankly mid-tier when it comes to incompetence and corruption. Starting with all the advantages of a functional society and leaving it a husk is a whole other level. Same deal in public health. Any idiot; and most competent and hardworking people, can do a bad job with what they don't have; but can they destroy a world class research base or reintroduce diseases that have been trivially controllable for decades? Can you cash in with even less shame than the robber barons of the guilded age who, in their weakness, skimmed off a bit to do highly visible face-saving good with rather than buying extra NFTs?

Comment Good idea guys... (Score 3, Interesting) 49

Obviously the intention is a 'for me but not for thee' arrangement; but I'm curious how anyone thinks they could run a business if 'first amendment' were actually authorization to do absolutely whatever so long as it's a speech act. That would effectively negate teeny little details like 'contract law', 'trademarks', 'copyright', and similar.

Obviously impunity is fun if it's only you that gets it; so the idea that you have a constitutional right to any and all lies is fun if only you get to advance it successfully; but if you try to advance an internally consistent argument for why fabricating the markings that indicate recyclability is a first amendment matter you more or less can't avoid negating any restrictions on packaging elements. I'm sure you'll see the humor when a competitor is producing copies of your packaging and your suppliers are just lying on their datasheets and bills of lading and you are getting invoiced for amounts unrelated to prices you thought you had agreed on.

Comment Re:Stupid; but cynical. (Score 1) 29

As best I can tell the target market is the ignorant and/or confused; even by the standards of openclaw enthusiasts.

If you want 'local' those specs are going to be a fairly harsh limit; I suspect it is not for nothing that they avoid anything that even resembles a benchmark or a performance claim; while if you aren't doing the bot stuff locally the fact that the hardware is sitting on your desk is getting you basically nothing in security or privacy vs. having an EC2 nano instance or whatever VPS is cheap spilling its guts to Sam Altman on your behalf.

Depending on who they are rebadging this thing might even be a perfectly fine low end mini PC, if you want one of those; people have been making them for years with whatever why-care-more CPU occupies the bottom of Intel's range; and they can be entirely suitable if you just need a generalist appliance and don't really want to play embedded ARM just to get the thing running; but it is absolutely being insinuated that it's suitable for things that it is not; and that it offers benefits that it won't in the expected configuration.

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