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When you look at the actual fraud (like Theranos) silicon valley funds are nowhere near it. The people that get duped are usually outsiders that are more easily
by fossuser 5y ago
When you look at the actual fraud (like Theranos) silicon valley funds are nowhere near it. The people that get duped are usually outsiders that are more easily manipulated.
It can be hard to tell the difference between big ideas and bullshit, they can often sound similar. Con-artists will mimic the people that actually know their shit.
In order to tell the difference you need to actually look at the underlying tech for yourself.
- rvz 5y ago> Con-artists will mimic the people that actually know their shit. Ah yes. A certain billionaire promises robo-taxis and full Level 5 autonomy by 2020, and then in 2021, admits self-driving is hard as FSD is still Level 2, after duping their own customers on buying ahead of their 'promises'. This billionaire in 2019, surely knew what he was talking about. /s > In order to tell the difference you need to actually look at the underlying tech for yourself. Like the deceptive advertisement of FSD (Full Self Driving) auto-pilot software in Tesla cars that has tricked many Tesla drivers into paying for a product that not only doesn't work as advertised, but puts the safety of drivers and others at risk. The worst part is that they continue to market it regardless of the missed deadlines, the safety risks and the fact that the software is still 'safe' for usage, which that is complete bullshit. The FSD feature in Tesla cars (along side the robotaxis) was deceptively advertised as 'safe' and promised as 'Level 5' with lots of customers buying into it; and some have lost their lives over the software getting confused. If FSD is not regarded as 'actual fraud' or 'deceptively advertised', then I don't know what is.
- fossuser 5y agoFSD was advertised as paying for something that would come in the future - I bought it under that assumption (and so did everyone I know that has it). That was and remains true. They've continued to make progress towards it: https://www.youtube.com/watch?v=g6bOwQdCJrc https://www.youtube.com/watch?v=g6bOwQdCJrc Autopilot is different and isn't advertised as level 5 - 'autopilot' implies fancy lane keeping not turn by turn point to point autonomy. Elon's FSD timelines were wrong - that isn't fraud. People say everything he's trying to do won't work constantly, just because they're occasionally right doesn't validate all of the times they're wrong (e.g. Model 3 is vaporware will never ship, the company is bankrupt and will close in two weeks, the Model S will never ship, gigafactory is a mistake, roadster means Musk only cares about EVs for the rich etc. etc.) If you can't tell the difference between Elon Musk and the success of Tesla and SpaceX or think it's equivalent to something like Theranos or Nikola I'm not sure what to say about that, there's just not much point in further discussion. Your pejorative use of billionaire also suggests some political element.
- Robotbeat 5y agoI think Trevor was counting on people not being able to tell the difference. They named their Tesla-competing company “Nikola,” which is a bit astounding when you think of it.
- fossuser 5y agoAnd Elizabeth Holmes wore black turtle necks - subtlety is not what they’re usually going for. Trevor does have some 30+ million dollar ranch in Utah though so I guess he did a better job of it. In Holmes case I genuinely think it didn't start as a fraud, but became one when they started lying. Not sure about Nikola.
- cat199 5y ago> In Holmes case I genuinely think it didn't start as a fraud Anyone thinking you can do statistically accurate blood testing from one drop of dirty fingertip capillary blood without having already made a major scientific breakthrough is certainly not thinking straight, if not outright being fraudulent
- rvz 5y ago> FSD was advertised as paying for something that would come in the future So the software that is called 'FSD' (Full Self Driving) doesn't actually mean what is says or was advertised then? You're telling me that it doesn't mean 'Full Self Driving' or what was meant to be 'full Level 5 autonomy' which that was advertised for completion in 2019 and 2020? [0] We are in 2021. Where are the robotaxis then? [0] > If you can't tell the difference between... Irrelevant. Stay on point. I have only criticized Tesla's deceptive advertising of FSD where that poses a great safety risk of life to both the driver of the car and other drivers on the road. No where did I mention anything generally about Tesla, SpaceX or anything else since the last sentence you said was completely irrelevant. FSD does not work as advertised neither it is reliable to be used on the road and it puts the safety of the Tesla driver and others drivers at risk, even especially as it is beta software. I would not use such software in a car that confuses the moon as a yellow traffic light. [1] > Your pejorative use of billionaire also suggests some political element. ? So both Elon Musk or Trevor Milton are not billionaires? So I am not allowed to say they are billionaires? What wrong with that? It is a fact, not 'some political element'. I don't always listen to everything that they say whether if it is Milton or Musk. [0] https://www.motortrend.com/news/tesla-autonomous-driving-level-5-model-3-robotaxi/ https://www.motortrend.com/news/tesla-autonomous-driving-lev... [1] https://twitter.com/JordanTeslaTech/status/1418413307862585344 https://twitter.com/JordanTeslaTech/status/14184133078625853...
- what-the-grump 5y agoDoes it matter if the product is superior and does not cause backlash even with the overstated feature? I mean seriously, if the Tesla owners club was crying and planning class action on this, we would have a different conversation but I don't really see that happening as FSD is just vapor ware at the moment.
- cat199 5y ago> When you look at the actual fraud (like Theranos) silicon valley funds are nowhere near it. The people that get duped are usually outsiders that are more easily manipulated. might not have been valley insiders, but if you look at theranos bizarre board selection, they were certainly not just random joes and certainly had the wherewithal to know they needed do proper due diligence before attaching themselves to the fraud, unless of course they were also party to it...