Low latency AI edge computing. There's several military applications, such as directing drone swarms or even providing AI to individual drones.

Go watch the two Patrick Boyle videos on the subject he covers it in detail but they have basically maxed out their addressable market

Basically anyone who needs launch services is already either using SpaceX or somebody else and there is no additional people who need launch services on the horizon except maybe starlink except that starlink has all the customers it's going to get because there's only so many people in the world who have $100 a month for high-speed internet and don't already have wired or already have starlink.

Now if SpaceX created a magic rocket that could defy the laws of physics and do launches for a fraction of the cost sure go ahead. A drastic reduction in the cost of launching satellites and rockets would increase the number of customers. But there really isn't any sign of that. Even if they get that fully reusable rocket working exactly as planned the cost reductions aren't enough to create whole new markets. It's not a paradigm shift it's a solid improvement. And that again assumes all of musk's promises come true and he has a very very bad track record of making promises. I mean how many cybertrucks do you own? How many $40,000 so I have a trucks do you own?

Kudos to you for realizing the AI stuff is just a scam but assuming you believe the rocket company isn't a scam where is the addressable market that's going to justify the valuation? How are you going to get your money out of that company either in the form of dividends or stock increases? Is this a case where you expect the price to shoot up like Tesla did so that even though the company isn't fundamentally sound you'll be able to sell the stock off? In other words greater fool theory? If not where is the money going to come from to pay the dividends you're going to need in order for your investment to be profitable, again assuming you take out the AI stuff? Because the reason they are doing the AI stuff is that well, all the reasons I listed above. SpaceX and starlink are not profitable enough to justify the valuation and they do not have the growth potential to become that profitable even without the AI anchor dragging them down

I'd be more than happy to invest in SpaceX, the space company. Sadly the company has been poisoned with X and xAI. Looking at the market valuations of each of those individual companies, that doesn't seem to be like a big deal at first glance. But in the IPO filing, the company points out that their addressable market opportunity isn't space, it is almost all AI. Around 3/4ths of their spending in Q1 has been on AI. If you buy into the SpaceX IPO, you're buying into an AI company. Maybe they want us to believe that they will be a vertically integrated AI provider with data centers in space. I am highly doubtful about the latter; there certainly are business cases for having AI datacenters in space, but they are edge cases.

Maybe few people will by enthusiastic to buy into that; even with investing into indices or EFTs, chances are that you're already overexposed to AI. The worrying thing is that SpaceX will be included into the Nasdaq 100 index shortly after their IPO. Doesn't that mean that anyone running EFTs or trackers on that index will have to buy SpaceX stock to cover their position?

Because they eventually come back down. That is a huge problem because it becomes a very large Capital cost to keep starlink in business.

On paper it's nice for SpaceX because it keeps having to send rockets up but in practice since the two companies are owned by the same people and since they're only so many people in the world who give a rat's ass about satellite internet and can't afford it it ends up just being a sunk cost.

One of the core things that was supposed to make SpaceX and starlink profitable was that it would become so cheap to send rockets up because of musk magic that the capital expenditure of replacing the satellites wouldn't need to be factored in so much. This did not happen. It is also why the SpaceX IPO docs keep talking about ai and not rockets. If you're investing in a rocket company that only ever claims to be an AI company then you should have already figured out something is deeply deeply wrong.

I don't think anyone even the musk faithful is going to buy into SpaceX except for a handful of people who think that they can greater fool their way into some quick profits. But I don't think anyone's going to have a choice. Again if you go watch the youtube videos from Patrick Boyle on the topic of SpaceX the way the IPO is structured it is part of nasdaq's top 100 so every single major index fund and investment fund is more or less forced to buy it. There are rules to prevent this but there's so much money to be made on this scam that NASDAQ waived the rules for SpaceX.

People get so excited about a reusable rocket but like I've mentioned before I could keep my old 94 Honda Accord running if I really really wanted to but past a certain point it cost more to keep it running than it was worth. There is a reason why NASA gave up on reusable rockets and that's it. You can't put something under that much stress and keep sending it up into space over and over again without a shit ton of expensive maintenance and if you skip the maintenance the rockets just blow up and if you don't skip the maintenance you might as well have just built another rocket.

The thing I keep seeing though is the faithful don't show up on this website or any other forum that isn't heavily moderated to prevent them from seeing wrong think. The right wing has completely retreated into safe spaces and anyone who is still on board with Elon Musk has joined those safe spaces and the right wing with them because they pretty much have to protect themselves from reality in order to see Elon Musk as anything but a skeezy grifter getting ready to steal their retirement money.

The billionaires are planning on replacing us with robots and machines and AI. So they aren't going to need us to be productive in order to generate wealth. That's the entire point of AI.

The problem AI solves is paying wages. But what that means is you have a machine doing work that you used to have to pay wages for. That means the people you used to pay wages no longer have any bargaining power over you. They cannot threaten to withhold their labor.

Now they could threaten to start their own businesses but you have limitless money so you can just run them out of business.

And finally they could threaten to kill you but well, you have thugs and militaries and automated killbots and a surveillance State and drones that can bomb them into pulp.

I mean Christ they took out Black Wall Street with a freaking biplane and you're going to go up against guys with drones with your semi-automatic assault rifle that you modded to be fully automatic?

The ruling class know about all the things that the working class can do to interfere with their techno feudal hellscape future and they are taking steps to make sure you can't interfere with it. Meanwhile about 40% of the working class is deeply, deeply concerned about ethics and game journalism, trans girls in sports and satanic heavy metal music.

Personally I think we are boned.

Because right now that is literally the only thing I am looking for in a politician. If they are just not an open fascist then hey that's good news.

Also none of you fuckers give a shit about Trump fucking kids so you can piss right off with your infidelity bullshit.

Everything is performative wishes as long as guys like you keep voting for Trump and telling us you didn't. You're not the silent majority you're the silent minority with voter suppression making sure you get to pick your guy. Or rather billionaires pick your guy and you follow along.

I will remind everyone that the $22 an hour minimum wage for fast food workers which is boosted wages for all workers in California was signed by Gavin newsom. And he absolutely could have vetoed it.

Never let perfect be the enemy of good. Newsom is a huge step up from where we are right now.

If done properly under a doctor supervision. Every single sport is using steroids they're just pretending they don't. And we pretend with them. In wrestling they call it kayfabe.

I noticed it when I noticed that the trans women athletes were getting their asses handed to them if they had been on their hormones for any length of time. It's because the hormones that correct their medical condition also conflict with the steroids they need to be competitive and they quickly get to a point where they can't compete. It's why trans women in sports is a complete non-issue.

The reason I bring this up isn't for more dumb woke politics but to illustrate that no matter how tiny or insignificant the sport seems, like women's College swimming for Christ's sake, the athletes are taking steroids.

The main opposition right now to steroids is that it's not fair because it should be a natural competition. But like most drugs making them illegal just puts them underground and makes them less safe.

And if everybody is taking the steroids and taking them under medical supervision then at the very least the playing field is genuinely level.

And if you don't like it there are leagues that are certified steroid free that do actual testing methodologies that catch anyone doping and kick them out. It's not actually hard to do and we know how to do it. If you look at the steroid free bodybuilding competitions though you're going to find those guys are a hell of a lot smaller. They are however a hell of a lot less likely to die in their thirties.

We could for example allow steroids in the broader bodybuilding competitions but use the tactics for catching abusers to catch people who are not doing it safely. So you could have people no longer dying in their 30s but still competing the way people want to see. There would still be health problems from that kind of steroid use but if you cut it off around your mid 30s or your career ends inevitably you can undo most of the damage. Kind of like how some sumo wrestlers go on diets after their career. Still a shitload of damage to their bodies but you can mitigate it.

Also reading comprehension.

I'm talking about the entire electric grid the entire human race. In this context the word immediate is still 10 to 20 years. In the sense of a project of that size the word immediate still applies. But it doesn't mean it happens in 2 weeks like how peace with Iran happens in 2 weeks.

This is the problem we have. Any sense of nuance goes out the window and you have to be so damn fucking blunt with everybody.

There was a push called The Green New deal that was going to be this huge jobs program to transition to clean energy and energy independence. A bunch of dumb lefties in US House of Representatives did a preamble bill which is just a bit of flowerly language that doesn't mean or anything or do anything and included a bunch of mentions of social justice. It killed the entire real bill. People hate social justice so out the window went everything with it even though the nonsensical preamble bill was just there to cater to the left wing base... It meant nothing and it did nothing and the green New deal which was a huge jobs bill that would have had a lot of benefits for everybody involved died.

I don't know what the fuck you do with that. When something is stupid as a bunch of dumb Congress critters doing something dumb and turn the public against the bill that benefits the public that easily. It's that inability to understand nuance or read between the lines that's dooming us.

Human beings have not adapted to modern living.

It's still a new code base and one that can access hardware so it's understandable that people would be nervous.

At the very least it should probably be something that has to be enabled in settings. And maybe it does I haven't looked into it. There are too many examples of security vulnerabilities that can bypass permissions. That's what the grandparents is worried about

From an immediate switch is billionaires want to be in control of the energy supply so they are slowing the transition in order to make sure that they control the solar farms and the wind farms and you have to go to them to get electricity still just like you did when they controlled the coal mines and the oil wells. This is acceptable because the alternative is to make energy production publicly owned and people really really really really hate public utilities and the concept of just having something that we all benefit from. It doesn't feel Fair because they can't own it.

Also it's hard to explain to people that just because you won't let Elon Musk own the electric grid doesn't mean somebody is going to snatch your car and your toothbrush... It's really hard to get people to grasp any level of nuance. It doesn't help that 60% of them read at the level of a 12-year-old...

Being put in the theaters. They did this with the Star wars 3D cartoon back in the day. The one with a young ahsoka.

Basically it's streaming content they're putting in the theaters. It wasn't so bad when they did it with Ahsoka because they made kind of a fun event and did stuff like got the guys who dress up as Stormtroopers to show up at movie theaters. This one seems kind of cheap like they're not putting anything behind it... It feels like the windows millennium of Star wars releases where they just wanted something in the theaters so the public doesn't forget that Star wars exists and that you can see it in movie theaters.

It adds daylight hours to the time of day that people would be likely to be shopping. That was a heavily implied by what I said and I just kind of figured you could understand that without me saying that sentence in that blunt a fashion but well, here we are.

The problem with this country is the majority reads at about the level of a 12 year old. 6th grade that is. This is a fact you can look it up. Even pretty well educated people often read at the level of a 12-year-old.

So you have to be insanely blunt with them and that's tough to do when you're someone who reads at say freshman college level.

For unionization when you've already fired 1/3 of the entire industry. At a certain point you're running it so a bare bones staff that the threat of layoffs no longer really exists unless the company is just completely shutting down. And you can't really offshore anything that you haven't already offshored because at some point you need people to make art that resonates with the locals.

You don't have a lot of managers that don't do anything. You basically have three types of managers. The first are Union busters. They are just there to keep the employees in line and are useful to the company not you. They aren't getting in your way because they are incompetent it's because they need to make sure you don't unionize.

After that you have accountants you also have to do your HR paperwork.

And finally there are line workers who have been promoted into management in order to give them or work for about the same pay.

It's extremely unlikely Tesla fired their Union busters they kind of need those guys to keep pay down. And the same goes for their managing accountants.

That means they more than likely lost some folks who do actual work and wound up with a manager title.

Or even their 30s sitting around for hours on end challenging voter registrations and signatures. That takes a retiree. And older people lean towards the Republican party because they're fucking obsessed with Ronald Reagan and the feeling like they were winning that they had back in the '80s.

I called it like I sees it and I sees it like it is. If you don't like how old people are fucking everything up then try to get old people to stop fucking everything up. I can't do it.