Readit Newsblueelephanttea commented on xAI has acquired X, xAI now valued at $80B twitter.com/elonmusk/stat... · Posted by u/rvz
To me it appears to be a way to pay his lenders without liquidating or collateralizing more Tesla stock.
So he can use the funds he raised for xAI to pay out the lenders for the initial Twitter purchase? Otherwise the lenders are just getting xAI stock (all stock deal) which I assume is illiquid?
blueelephanttea commented on xAI has acquired X, xAI now valued at $80B twitter.com/elonmusk/stat... · Posted by u/rvz
Ah yes. Now we know why those articles about X's valuation resurgence have been coming out lately. He "rescued the value" by selling it to another company he owns.
Look, maybe the Twitter dataset and control over the algorithm is worth $45 billion. But I've seen the state of ads on Twitter these days and it is clearly not worth anything close to that from advertising income.
blueelephanttea commented on The Generative AI Con wheresyoured.at/longcon/... · Posted by u/nimbleplum40
> And even then, we still don't have a killer app! There is no product that everybody loves, and there is no iPhone moment!
I would strongly argue that coding assistants are AI’s first killer app. Copilot, Cursor, Windsurf etc.
> I would strongly argue that coding assistants are AI’s first killer app. Copilot, Cursor, Windsurf etc.
These IMO are relatively useful things. But probably (in their current state) will not justify the valuation of the companies involved and the massive investment occurring right now.
I don't know how the future will unfold. I do think it is reasonable to be somewhat bearish on what has been promised vs. what has been released.
The first line of their press release:
> Apple today introduced Apple Invites, a new app for iPhone
If Android users have to login to a website to use this, what's the appeal? There are hundreds of simple meeting/event webapps out there, many not even requiring authentication.
> If Android users have to login to a website to use this, what's the appeal?
I'm not trying to convince you or anyone else to use this. It just was pointing out you don't need Apple accounts or devices to participate opposed to something like Facebook events.
> There are hundreds of simple meeting/event webapps out there
Okay? Go crazy using those! But don't claim that this requires an Apple device to create or join events (like the OP I was responding to). And don't claim that this requires an Apple Account to join events (like many other commentators are).
I tested it with a sample event and I don't see any way to RSVP without logging into an Apple account. Maybe I'm missing something?
> I tested it with a sample event and I don't see any way to RSVP without logging into an Apple account. Maybe I'm missing something?
You are. I explicitly created a burner email and invited it to an event.
When I navigated from the invite email I was prompted to sign in which I declined. It then allowed me to join the event after I confirmed with an emailed code.
On joining the event I was able to set my name and send a note.
Brilliant? Launching an app for creating events that requires you to 1) own an iDevice and 2) pay into, just to create events?
I'll send an email for free, thankyouverymuch.
> 1) own an iDevice
You do not need to own an Apple device to either create events or join events.
> I'll send an email for free, thankyouverymuch.
This seems fine! There are open protocols (email, ics) if they work for you, but Apple specifically developed this in a way to neither require an Apple device or Apple Account to interact. Which is better than some of the competitors! (Facebook and Google tend to create social tools which explicitly require everyone to have accounts.)
The problem is that by vendor-locking these services to Apple users, they create an environment that alienates non-Apple users. If they want to truly claim the friends & family network, they need to remember that everyone has friends & family that aren't in the Apple ecosystem.
So long as Facebook remains available to everyone, even if the content feed is a mess, the event planning space is going to be more accessible to everyone and will end up being the defacto friends & family ecosystem.
I'm not an iCloud+ member, so I can't go in an look for myself, but ideally this would be just a fancy way of extending your iCloud Calendar invites where Gmail, Outlook, etc. users can still create events and invite people in roughly the same way. If as a Linux & Android user I am only able to RSVP to Apple users' invites, but I am never able to invite them to anything myself, then I literally cannot embrace this product without investing considerable money into their hardware, which I am not going to do.
Hell, if they featureset was compelling enough, and they had an iCloud app for non-Apple hardware platforms, I might actually consider being an iCloud+ member, but I guess it's not worth it to Apple to collect a monthly payment from me if I won't make the downpayment on an iPhone and a Macbook...
> Hell, if they featureset was compelling enough, and they had an iCloud app for non-Apple hardware platforms, I might actually consider being an iCloud+ member, but I guess it's not worth it to Apple to collect a monthly payment from me if I won't make the downpayment on an iPhone and a Macbook...
You can create events from the web iCloud interface without an Apple device.
blueelephanttea commented on IRS Direct File team disbanded twitter.com/elonmusk/stat... · Posted by u/elicash
How does removing an easy tax filing solution improve government efficiency? It seems like a handout to private tax preparers.
I've scanned some of the DOGE stuff and the fact that I have seen pretty much no mention or discussion of the big budget items: social security, military, medicare, and medicaid does not make me optimistic that this is going to do anything about government spending...
Anyone know if it's still a drop in replacement for Elasticsearch? And how does it compare on performance and features?
As you point out it was forked a number of years ago so it started from the same place (7.10). Elasticsearch is now on 9.0+ and has 27,000 more commits than OpenSearch. So I doubt it is a drop-in replacement anymore.
I have no idea how many of those 27K commits are key features, but it is clear divergence.