Meanwhile, there will be a line of VCs out the door rushing to give this kid a few million dollars. Because of this.

"The Git Platform for Teams."

Like a hub for git?

Some might prefer a lab.

"Right now, none of the above analysis applies because demand exceeds supply for frontier models, and supply is limited by a lack of compute."

It gets particularly hairy because models themselves can tune their "token verbosity" to manufacture demand for compute. If compute was such a precious resource, you'd think we'd be complaining that the output was too terse.

The ability for a vendor to determine ex post facto how much a query costs is a similarly new economic phenomenon to zero marginal cost.

I'd love to be losing like Anthropic.

Absolutely. I have notetd that my opencode go account looks a lot less generous after the third month.

"Everybody's Weirded Out by AI-Except the People Who Live in Zip Codes Starting with 940, 941, 944, 950 and 951"

There's some 98XXX codes that make the list too.

Hey, there are some AI-affirmative people in Marin County (949).

hey now there's plenty of ai fanatics in zip codes starting with 100 and 11

The fact investors think (thought) SpaceX is worth more than $2T is another example of how they aren't familiar with rocket launches.

Shareholders lost $50B within a few seconds of the scrub.

So about $25bn for Mr Musk. Expensive.

A rational person isn't willing to pay more than the present value of future cash flows. Just like how a rational person wouldn't pay $101 for a $100 bill.

Where it gets fun is that: (1) we have people selling $100 bills for more than $100 and, (2) we have people gladly buying $100 bills for more than $100.

No one forced them to IPO well above the present value of their future cash flows. Or claim their TAM was $28 trillion.

Yes, you'd expect the Falcon 9-based space launch and Starlink businesses to retain some sort of value whatever happens. They could easily be sold off as going concerns if things were to go south.

The failure of SpaceX might doom xAI and Mars colonisation, but it's very unlikely to wipe out American medium lift launch capabilities.

And to merge with twitter and an unprofitable ai lab

The unlock is probably somewhere in that honest, load-bearing caveat.