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Message

re: Our Friend, Mr. Ellison

Posted on 12/12/25 at 1:08 pm to
Posted by DeathByTossDive225
Baton Rouge
Member since Sep 2019
7010 posts
Posted on 12/12/25 at 1:08 pm to
quote:

I would love to sell you the Brooklyn Bridge because you would certainly buy it.

I code for a living & am just trying to be helpful, but carry on

Just because AI doesn’t mean magic genius robot butlers in your living room, does not mean it’s not the most significant development since the internet.

Everyone is already using it, and it’s still early in its development IMO.
Posted by SOL2
Dallas burbs
Member since Jan 2020
8055 posts
Posted on 12/12/25 at 1:14 pm to
He's down $30+ billion for the week. He might not want to keep making that UM payroll.
Posted by misey94
Member since Jan 2007
33043 posts
Posted on 12/12/25 at 1:22 pm to
quote:

BTW, the main reason for the drop was explained at how much money they are putting into AI...which personally I think will turn out to be a brain dead scam that Bernie Madoff would be proud of.


It’s not a scam any more than the Internet and early e-commerce was. People and companies rush in and try to do everything in the world with the new thing, there’s a bubble, the bubble bursts, and then people figure out what that thing is actually good for and how to monetize it. Then those people and companies who survived use the infrastructure built out before the bubble burst to make a mint.
This post was edited on 12/12/25 at 1:23 pm
Posted by NotaStarGazer
Member since Dec 2023
2735 posts
Posted on 12/12/25 at 2:22 pm to
Actually, I was a software developer for a long time also...everything from scientific using CRAY computers and VAX systems to business Windows applications. I wrote in several different computer languages and you notice I stayed away from commenting on that because I have no knowledge of the effectiveness of AI generated code.

BTW, AI is being marketed as "magic genius robot buffers in your living room" which is exactly my point. That is where my brother and I agree. He also thinks it has been oversold immensely and no way is AI is a significant development. The internet as you said WAS a significant development as was the PC. AI is NOT and is being marketed to the gullible as if it will take everyone's job and end up running the world. Complete and utter nonsense. BTW, low level AI that has been around for years are the automated customer service systems that of course remove humans from phone calls. Yet another example of gross incompetence and utter failure. Anyway, I'm sure you investing in any company promising AI breakthroughs. Good luck..you will need it.
Posted by NotaStarGazer
Member since Dec 2023
2735 posts
Posted on 12/12/25 at 2:28 pm to
I agree with your post somewhere. I didn't say it was totally worthless. I said it was vastly oversold. A lot of companies will go under thinking it is the "golden goose". But just like you hinted at, some internet related companies didn't make it...the same for e-commerce. And you are spot on with the word "bubble'". Many analysts are already using the term "AI bubble" and that IMO is exactly where we will be...very, very soon. And for those idiots like Elon Musk who has predicted in 20 years, no humans will be working? Of course, Elon Musk also has that pie in the sky dream of going to Mars? I suggest anyone who wants to see Mars, go to your program guide and look for a good Mars movie. Oh, and landing an unmanned rover on Mars is NOT what I'm talking about. I'm at manned trips to Mars and a base on Mars, etc. Man landed on the moon 55 years ago and almost nothing related to the moon has been done since then.
Posted by QB
Louisiana
Member since Sep 2013
7805 posts
Posted on 12/12/25 at 3:09 pm to
Hope he will spend some of that change on hiring Brian Kelly. He will our new best friend....and keep Underwoon in M Blue as a bonus prize for LSU fans.
Posted by DeathByTossDive225
Baton Rouge
Member since Sep 2019
7010 posts
Posted on 12/12/25 at 3:22 pm to
quote:

BTW, AI is being marketed as "magic genius robot buffers in your living room" which is exactly my point. That is where my brother and I agree. He also thinks it has been oversold immensely and no way is AI is a significant development. The internet as you said WAS a significant development as was the PC. AI is NOT and is being marketed to the gullible as if it will take everyone's job and end up running the world… Good luck..you will need it.

I too like to deal exclusively in hyperbole and extremes when considering investments. Very wise.

I can agree to the extent you would be goofy to put all your chips in any one company or industry, but that could be argued of pretty much anything (assuming you’re not from the future).

IMO it’s equally goofing up to handwaive it completely because *checks notes* Elon Musk made a bombastic, exaggerated claim about something he deals in (shocker)?

But hey I’m not your financial advisor. You’re just coming off a tad emotional & sanctimonious about it, which is a bit weird to be completely honest. But you do you.
This post was edited on 12/12/25 at 3:29 pm
Posted by StadiumDormNEZ72
Member since Jun 2023
1138 posts
Posted on 12/12/25 at 3:31 pm to
quote:

just wanted to use the word transitory albeit somewhat incorrectly hah


unless you think his marriage is “transitory”

I believe the word he was searching for is “transactional”, as in “having sex with a prostitute who has had a sex-change operation is transactional”.
Posted by NotaStarGazer
Member since Dec 2023
2735 posts
Posted on 12/12/25 at 4:17 pm to
Yeah, I tend to be a contrarian to Elon Musk. I give him credit for the Tesla car to begin with. However, since then his record has been hideous. First, he comes out with the Cybertruck which is unbelievably ugly and poorly made and they can't sell them. His side panels keep falling off because they literally glued them on...DUH!!! Then, he gets involved too much IMO with the space program and has countless setbacks there also. My brother and I also agree instead of measuring twice and cutting once, he doesn't measure {test} at all. Remember the rollout of the Cybertruck when he bragged about the unbreakable windows took a sledgehammer to the driver's window, and the glass exploded. What a dufus!

I'm not emotional or sanctimonious but I can see why you think that. I've given real life examples of already existing AI issues. You excuse those to being just because it is in the novice stage. I say that this is just the beginning of problem after problem. I never said the entire thing was junk because just like the CRAY computers of old, it should be at least faster if nothing else. But that hardly makes it the greatest thing since the internet. I put the internet, the PC, huge screen TVs with good resolution, and even the heating element to ignite a gas furnace (remember the stupid pilot light) as just a few of the innovations much better than "artificial intelligence."
Posted by DeathByTossDive225
Baton Rouge
Member since Sep 2019
7010 posts
Posted on 12/12/25 at 5:36 pm to
Musk doesn’t own a monopoly on AI though. Not by a long shot. His LLM product is not even leading that market.

There are even countless free & open-source models you can run locally/offline, with a powerful enough PC or by renting GPUs.
This post was edited on 12/12/25 at 5:41 pm
Posted by TigerBait2008
Boulder,CO
Member since Jun 2008
38309 posts
Posted on 12/12/25 at 5:41 pm to
idiot
Posted by NotaStarGazer
Member since Dec 2023
2735 posts
Posted on 12/12/25 at 5:56 pm to
Uneducated MORON. But hey, I'm impressed you even added an emoji. Let me send one back to you.
Posted by Penrod
Member since Jan 2011
52337 posts
Posted on 12/12/25 at 8:41 pm to
quote:

Obscenely rich as he is, I’m sure he plans retirement around his current lifestyle (like everyone else)… and “net worth” is not made of liquid casino/QB cash.

I don’t think you get the picture. He is worth at least $200 billion. He can pay for his lifestyle, for the rest of his life, with $10 billion. Houses, planes, cars, boats, art and women don’t cost much. Someone worth $10 billion can buy all of those that he’ll ever want.
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