Not a finance guy or economist, but in my head: capital being cheap still means investors want return on their capital and that puts some upper limit/threshold on the risk that they are willing to take vs Wealthy people having so much excess capital that they are deploying it at any project with zero regard for return, risk, feasibility or reality of it.
I do wonder if capital is so cheap or wealth inequality is actually much bigger problem then we thought so that excess capital ends up in ideas like this.
I used AI to get a summary of this post, because in 2026, if you are not delegating this kind of reading overhead to AI, you are burning money. And, more importantly, you are ruining your life.
I'm starting to think we need to lean on conspiracy theories in order to get broader population on train with this - and I'm saying this in utmost regret. That's a borrowing game from a right wing/extremist playbook.
Start with this: requiring IDs online is a first step in micro-chipping the population.
...or how about this: marxists/atifa/nazis/zionists/islamist/whoever-group-people-think-is-in-power want to erode your privacy online so it can be used against you. Some nefarious group what to know your every move!
...or how about this: remember Epstein files!? Well the pedos now want to id your children online!
I simply saying truth/evidence/rational based approach to this will not get people attention. People just don't care.
Maybe dang doesn't want it, but his boss definitely wants it.
Garry Tan, president & CEO of YC, on Flock support: "You're thinking Chinese surveillance US-based surveillance helps victims and prevents more victims" [1]
The tech/VC people want it, because that's where the money will be.
Either you are in need of as much as compute as possible since you're building frontier AI models or you're not and you're just renting out the compute. And let's face it - Grok, if not failure, is just a toy.
SpaceX renting out their compute to competitors is what crashes the "AI company" notion. They are either datacenter company or an AI company - but it cannot be both.
I remember seeing this on HN when it was first submitted. I honestly think that project is either a scam, an elaborate hoax, a cover for a Chinese company selling radar systems or a three-letter-agency honeypot.
The files [1], [2], [3] on Github (once featured on README and on some articles) depict what I presume is a Chinese built radar which you can see here [4], [5]. I also suspect this might be a honeypot since Instagram - of all places - is full of accounts offering these radars [6], [7]. Some of the contributors on that projects are heavily leaning into AI. Git project history is suspicious. Discussions on the issues seem very artificial. I remember having bunch of notes on this project, but can't find it now. Just looking at it from outside, nothing about it seems real.
Not an native english speaker, but someone "doing something for me" is not (me buying products and services from that someone|selling products and services to me).
> Elon really sounds like he knows what he is doing and has very high confidence he can execute it
In 2015, Elon Musk on Hyperloop: "it's no that hard", "it's like a tube with an air hockey table...", "I swear, it's not that hard" [1] Eventually, it was hard. You can literally go on and on with these examples.
