Number Must Go Up - Insanity Check

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7d ago 1:25:05

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Kriss is joined by Justin this week. We spend a little bit of time talking about the Dem wins on election night and the government shutdown. It’s (hopefully) becoming more clear to Americans (the majority) that the GOP’s sole goal in life is to punish everyday Americans. Maybe just maybe they’ll start to understand.

But the majority of the episode is talking about how Tech Bros and their shareholders have absolutely lost their goddamn minds. First, there’s Tesla shareholders approving a $1 Trillion compensation package for Elon Musk despite the fact that he hasn’t actually delivered anything. What’s worse is when you look at the terms of the pay package, it’s clear that is is damn near impossible for him to achieve. 1 Million Tesla robots? No. 10 million autonomous driving subscriptions (they have 12% adoption rate currently)? Taking Tesla fro $1.5 trillion market cap to $8.5 trillion in 10 years? Will never happen. So instead it’s just glazing a delusional CEO that hasn’t actually built a damn thing himself. If you can, try to make it through his ridiculous remarks during the shareholder meeting. I dare you.

But Elon and Tesla are just the tip of the iceberg. Sam Altman and Open A.I. have some how managed to convince of bunch of other rich people that giving them money to burn through is a good idea. Make no mistake. Openly lighting hundreds of billions of dollars on fire might actually be more useful and less damaging to the environment than the hundreds of billions of dollars being thrown at Open A.I to make a chatbot that is a slightly worse Google Chat and also might convince your kids to kill themselves. The financial numbers don’t make sense. The products (that don’t exist) don’t make sense. The damage to the environment doesn’t make sense. None of it makes sense. Except…it means “number go up”.

Guest: Justin

@LJay90

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