• toy_boat_toy_boat@lemmy.world
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    2 days ago

    i hate to say it - and i wish the whole thing would burn to the ground - but there’s probably no investment more safe than xAI right now. you have to think like an investor, and you have to devoid yourself of any moral itches. invest in stupid, you can’t lose.

    • brucethemoose@lemmy.world
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      2 days ago

      Grok is the laughing stock of the ML field. It’s horribly inefficient, performance is not good for its size/compute, and it’s “leverage” (Twitter’s userbase, Tesla cars) is objectively at risk. They’re even more closed than OpenAI, much more than Google. They only exist because Elon burned billions on a shit ton of H100s and seemingly copied what others are doing.

      xAI (so far) is a joke. That could change, but unless they do something interesting (like actually publishing a neat paper or model), if they were even public, I would short them.

      • coconut@programming.dev
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        2 days ago

        You seem to be under the impression that market favors product quality or company performance which has been proven wrong over and over again.

      • Captainvaqina@sh.itjust.works
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        2 days ago

        I completely agree with your assessment. In theory, shorting would be the move.

        But you can’t forget that the supreme grifter has the full backing of this insanely corrupt regime that will fully allow him to induce a massive irrational pump of his worthless junk.

        I mean, just look at Tesla stock. Fully irrational.