Elon Musk's Vision for X: A Giant Brain and Financial Platform
Turning X into a "Giant Brain"
Future Financial Platform: Elon Musk envisions transforming X into a "giant brain" that acts as a collective consciousness, with users reporting information and giving opinions. The ultimate goal is to pivot X into a financial platform after securing money-transfer licenses.
Future Financial Platform: Elon Musk envisions transforming X into a "giant brain" that acts as a collective consciousness, with users reporting information and giving opinions. The ultimate goal is to pivot X into a financial platform after securing money-transfer licenses.
Musk's Thoughts on Public Companies and Tesla's Prospects
Pros and Cons of Public Companies: Musk discusses the challenges of running a publicly traded company, citing legal hurdles and the constant threat of lawsuits. Despite the drawbacks, he highlights that Tesla has created more millionaires than any other company.
Tesla's Bullish Outlook: Analyst Dan Ives raises Tesla's price target to $350, foreseeing further EV share gains and margin stabilization in 2024. This outlook positions Tesla on a path toward a $1 trillion market valuation next year.
Pros and Cons of Public Companies: Musk discusses the challenges of running a publicly traded company, citing legal hurdles and the constant threat of lawsuits. Despite the drawbacks, he highlights that Tesla has created more millionaires than any other company.
Tesla's Bullish Outlook: Analyst Dan Ives raises Tesla's price target to $350, foreseeing further EV share gains and margin stabilization in 2024. This outlook positions Tesla on a path toward a $1 trillion market valuation next year.
AI, Bias, and Open-Source Technology
AI and Subscription Model: Musk, a proponent of open-source AI, discusses the importance of raising the cost of manipulating the system and minimizing noise through a subscription model on X.
AI's Future Capabilities: Musk envisions AI advancing to the point of creating technology and physics, emphasizing the need to establish a city on Mars to make life interplanetary.
AI and Subscription Model: Musk, a proponent of open-source AI, discusses the importance of raising the cost of manipulating the system and minimizing noise through a subscription model on X.
AI's Future Capabilities: Musk envisions AI advancing to the point of creating technology and physics, emphasizing the need to establish a city on Mars to make life interplanetary.
Media Scrutiny and X's Growth
Media Scrutiny and Controversy: Musk reflects on his clashes with the media, accusing them of treating him as a "law-breaking maverick." He dismisses headlines proclaiming the demise of X and asserts that the platform is growing in traffic despite losing advertisers.
Expanding X's Reach: Musk plans to expand X by reaching as many people as necessary with accurate information, utilizing the internet and a fast-moving platform to filter information through experts.
Media Scrutiny and Controversy: Musk reflects on his clashes with the media, accusing them of treating him as a "law-breaking maverick." He dismisses headlines proclaiming the demise of X and asserts that the platform is growing in traffic despite losing advertisers.
Expanding X's Reach: Musk plans to expand X by reaching as many people as necessary with accurate information, utilizing the internet and a fast-moving platform to filter information through experts.
Challenges with Bots and Trolls
Progress with Bots and Trolls: Musk acknowledges progress in dealing with bots and trolls on X but emphasizes the need for continuous improvement in minimizing noise and ensuring accurate information circulation.
Progress with Bots and Trolls: Musk acknowledges progress in dealing with bots and trolls on X but emphasizes the need for continuous improvement in minimizing noise and ensuring accurate information circulation.
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