4 ms·

So basically, Amazon is buying into the IPO at an early price. Maybe this is the time to divest from MSCI world. I don’t want to be the bag holder in the world’

So basically, Amazon is buying into the IPO at an early price. Maybe this is the time to divest from MSCI world. I don’t want to be the bag holder in the world’s largest pump and dump. It can both be true at the same time: That AI is going to disrupt our world and that Open AI does not have a business model that supports its valuation.

WarmWash 8mo ago
Tesla is a car company with relatively small, and shrinking, sales, that is worth $1.5T on the promise of [Elons_Promise_of_the_Month]
- sixQuarks 8mo ago
  You forgot to mention they solved vision based autonomous driving, but I guess that doesn’t matter if Elon = bad
  - zozbot234 8mo ago
    SAE level 2 driver assistance is explicitly not autonomous driving.
  - iancmceachern 8mo ago
    Huh? They did not "solve" vision based driving.
    - eviks 8mo ago
      Of course, but if Elon=great you can ignore that
  - SpicyLemonZest 8mo ago
    It's this kind of dynamic that makes me pull back on my otherwise pretty AI-forward stance. There's an entire community of people who passionately believe it's obvious and undeniable that Elon Musk has solved problems that he has not solved and his companies deliver things they don't deliver. Tesla is absolutely unambiguous in their marketing material (https://www.tesla.com/fsd https://www.tesla.com/fsd) that they do not have autonomous driving, but you're far from the first person I've encountered who's been tricked into believing otherwise. I don't think that's my relationship with AI, I'm hardly an uncritical booster. But would I know if it was?
    - a_victorp 7mo ago
      You definitely would not know if you were, no one does. I think the healthy position is to assume you are wrong and trying to find evidence of why you are wrong For instance,I'm very skeptical of AI and, from experience, do not think that the current models are worth the cost, but I'm always in HN trying to find arguments/people that use AI successfully to prove that I'm wrong
      - soulofmischief 7mo ago
        I know multiple developers paying thousands of months on AI tooling. I don't need to convince you it's worth it for you, but it's easy to see that other people have found a way to make it worth it for themselves. I would definitely not spend as much as I personally do if it wasn't worth it to me.
  - albedoa 8mo ago
    Hope daddy sees this and gives you that lollipop.
  - outside1234 8mo ago
    Seems not solved: https://fortune.com/2026/02/26/tesla-robotaxis-4x-8x-worse-than-humans-at-driving-safety-record-crashes/ https://fortune.com/2026/02/26/tesla-robotaxis-4x-8x-worse-t...
  - soulofmischief 8mo ago
    Gonna need a citation for that, buck.
- konschubert 8mo ago
  yea, proving my point that the index funds are maybe not the safest place if you want to invest into real value. And soon, twitter/Grok/spacex might be doing an IPO
general_reveal 8mo ago
Did it ever occur to you that an entire generation of developers are going to retire in less than 20 years? They are betting that the software industry will be autonomous. Really, think of our industry like AUV phenomena. We’re the drivers that are about to be shown the door, that’s the bet. World will still need software, lots of it. Their valuation is based on an entire developer-less future world (no labor costs).
- deleted 8mo ago
  [deleted]
- wongarsu 8mo ago
  OpenAI has all the name recognition (which is worth a couple billion in itself), but when it comes to actual business use cases in the here and now Anthropic seems ahead. Even more so if we are talking about software dev. But they are valued at less than half of OpenAI's valuation What is somewhat justifying OpenAI's valuation is that they are still trying for AGI. They are not just working on models that work here and now, they are still approaching "simulating worlds" from all kinds of angles (vision, image generation, video generation, world generation), presumably in hopes that this will at some point coalesce in a model with much better understanding of our world and its agency in it. If this comes to pass OpenAI's value is near unlimited. If it doesn't, its value is at best half what it is today
  - zozbot234 8mo ago
    Obligatory reminder that today's so called "AGI" has trouble figuring out whether I should walk or drive to the car wash in order to get my dirty car washed. It has to think through the scenario step by step, whereas any human can instantly grok the right answer.
    - SpicyLemonZest 8mo ago
      I just don't know how to engage with these criticisms anymore. Do you not see how increasingly convoluted the "simple question LLMs can't answer" bar has gotten since 2022? Do the human beings you know not have occasional brain farts where they recommend dumb things that don't make much sense?
RobotToaster 8mo ago
Exactly, the dot com bubble didn't mean that the internet was just a fad.

WarmWash 8mo ago

Tesla is a car company with relatively small, and shrinking, sales, that is worth $1.5T on the promise of [Elons_Promise_of_the_Month]

sixQuarks 8mo ago
You forgot to mention they solved vision based autonomous driving, but I guess that doesn’t matter if Elon = bad
- zozbot234 8mo ago
  SAE level 2 driver assistance is explicitly not autonomous driving.
- iancmceachern 8mo ago
  Huh? They did not "solve" vision based driving.
  - eviks 8mo ago
    Of course, but if Elon=great you can ignore that
- SpicyLemonZest 8mo ago
  It's this kind of dynamic that makes me pull back on my otherwise pretty AI-forward stance. There's an entire community of people who passionately believe it's obvious and undeniable that Elon Musk has solved problems that he has not solved and his companies deliver things they don't deliver. Tesla is absolutely unambiguous in their marketing material (https://www.tesla.com/fsd https://www.tesla.com/fsd) that they do not have autonomous driving, but you're far from the first person I've encountered who's been tricked into believing otherwise. I don't think that's my relationship with AI, I'm hardly an uncritical booster. But would I know if it was?
  - a_victorp 7mo ago
    You definitely would not know if you were, no one does. I think the healthy position is to assume you are wrong and trying to find evidence of why you are wrong For instance,I'm very skeptical of AI and, from experience, do not think that the current models are worth the cost, but I'm always in HN trying to find arguments/people that use AI successfully to prove that I'm wrong
    - soulofmischief 7mo ago
      I know multiple developers paying thousands of months on AI tooling. I don't need to convince you it's worth it for you, but it's easy to see that other people have found a way to make it worth it for themselves. I would definitely not spend as much as I personally do if it wasn't worth it to me.
- albedoa 8mo ago
  Hope daddy sees this and gives you that lollipop.
- outside1234 8mo ago
  Seems not solved: https://fortune.com/2026/02/26/tesla-robotaxis-4x-8x-worse-than-humans-at-driving-safety-record-crashes/ https://fortune.com/2026/02/26/tesla-robotaxis-4x-8x-worse-t...
- soulofmischief 8mo ago
  Gonna need a citation for that, buck.
konschubert 8mo ago
yea, proving my point that the index funds are maybe not the safest place if you want to invest into real value. And soon, twitter/Grok/spacex might be doing an IPO

general_reveal 8mo ago

Did it ever occur to you that an entire generation of developers are going to retire in less than 20 years? They are betting that the software industry will be autonomous. Really, think of our industry like AUV phenomena. We’re the drivers that are about to be shown the door, that’s the bet. World will still need software, lots of it. Their valuation is based on an entire developer-less future world (no labor costs).

deleted 8mo ago
[deleted]
wongarsu 8mo ago
OpenAI has all the name recognition (which is worth a couple billion in itself), but when it comes to actual business use cases in the here and now Anthropic seems ahead. Even more so if we are talking about software dev. But they are valued at less than half of OpenAI's valuation What is somewhat justifying OpenAI's valuation is that they are still trying for AGI. They are not just working on models that work here and now, they are still approaching "simulating worlds" from all kinds of angles (vision, image generation, video generation, world generation), presumably in hopes that this will at some point coalesce in a model with much better understanding of our world and its agency in it. If this comes to pass OpenAI's value is near unlimited. If it doesn't, its value is at best half what it is today
- zozbot234 8mo ago
  Obligatory reminder that today's so called "AGI" has trouble figuring out whether I should walk or drive to the car wash in order to get my dirty car washed. It has to think through the scenario step by step, whereas any human can instantly grok the right answer.
  - SpicyLemonZest 8mo ago
    I just don't know how to engage with these criticisms anymore. Do you not see how increasingly convoluted the "simple question LLMs can't answer" bar has gotten since 2022? Do the human beings you know not have occasional brain farts where they recommend dumb things that don't make much sense?

RobotToaster 8mo ago

Exactly, the dot com bubble didn't mean that the internet was just a fad.