Yes, but I don’t see either of those scenarios giving them the growth needed to justify a trillion dollar valuation. Especially with the current competition (a competitor releases a much better model, and they have to respond or see their revenue drop).
So I don’t see a company in immediate danger of collapsing, but I also don’t see a great investment at that valuation.
They have enough info on you and your sessions to eventually catch you, label you as bad faith actor and ban you automatically. I don't think many would risk it.
Because 5 days is not enough for the market to discover the price of SpaceX.
And the rules were changed so the float is weighted as if it was much much larger than it is.
Are you sure? It discovers it within seconds following a bad earnings report. It seems hard to know right now whether five days might actually be sufficient or not, seeing as the cat is out of the bag about how unprofitable and debt laden this trillion dollar enterprise is.
No, it's not long enough. You need long enough for the initial investors to get past their lock-up period and either sell their shares, or not, which is typically 90-180 days. Otherwise, index fund investors will pick this up at basically peak overvalued initial pricing, only to potentially take a bath on it three months later.
Additionally with SpaceX they are issuing only a very small percentage of stock compared to a usual IPO, with an unprecedented valuation. Couple that with a much larger than usual amount of the IPO being issued through retail investment platforms rather than to professional institutions (30% rather than a more typical 5%) and it looks pretty unsettling.
If price is fully discovered right after ER then you will see price stabilized right after ER. But in fact post ER prices can wildly differ from the next minute, next day and next week price. It’s speculation and anticipation.
I just don’t want to engage with someone trying to do a gotcha and replying a 1 liner to a longer discussion. I don’t think they’re engaging in good faith.
It’s pretty simple. We give the government the power of force to help have a society. We have limits on that.
So, AI for terrorists, our enemies, wars? Unlimited.
AI that go against civil liberties for Americans? Bad.
AI that harms people. Bad.
The issue is “harm” is subjective and taken over by the wokeness comment. Harassing women shouldn’t instantly be flagged as harmful. Asking hard questions shouldn’t be seen as harmful. Asking how to make a bomb, harmful.
I’ve answered many questions and I’m answering yours. More than happy to stand up for my beliefs and work towards making my country the best it can be. I spent my career in DoD, I’ve written my congressman about DHS overreach on Americans. And I’ve been to active combat zones. I also find what’s happening in Europe disgusting and can’t believe how my ancestral home is being decimated. But when I go I see many who are scared to speak up in their repressive regimes and love how us Americans have freedoms.
Except the models don’t actually compute anything other than text generation. The entire way they interact with computers is through the shell or other api layers on the OS
So I don’t see a company in immediate danger of collapsing, but I also don’t see a great investment at that valuation.
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