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IRC: #boycottnovell @ Techrights IRC Network: Monday, March 31, 2025

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schestowitz[TR2]>> We wrote about it this morning and last night in IRC. We linked to someMar 31 05:08
schestowitz[TR2]>> articles. I agree with what you say.Mar 31 05:08
schestowitz[TR2]> Thank you.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> ---Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Both X (former Twitter) and xAI are controlled by Musk, but whileMar 31 05:08
schestowitz[TR2]> X is owned entirely by Musk, venture capitalists own part of xAI.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Musk borrowed money (12 billion US dollars, I think) to purchaseMar 31 05:08
schestowitz[TR2]> Twitter.  He used Tesla stock as collateral.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Market analysts say that Musk paid too much for Twitter.  Twitter/XMar 31 05:08
schestowitz[TR2]> lost users after acquisition.  Fewer users means less value as aMar 31 05:08
schestowitz[TR2]> for-profit social media business.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> The transaction allowed Musk to replace his X stock with xAI stock.Mar 31 05:08
schestowitz[TR2]> The latter has brighter future prospects.  You believe that AI inMar 31 05:08
schestowitz[TR2]> general is hype, and expect people to become less enthusiastic.  IfMar 31 05:08
schestowitz[TR2]> you are right xAI stock will lose value.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Some say that data (tweets) provided by Twitter/X users will be usedMar 31 05:08
schestowitz[TR2]> to train xAI.  The data accumulated after Musk's takeover andMar 31 05:08
schestowitz[TR2]> dismissal of moderation staff is noisy and should not be of much use.Mar 31 05:08
schestowitz[TR2]> Older data may be useful - but you probably don't think so.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Others say that Musk plans to sell AI systems to the US government asMar 31 05:08
schestowitz[TR2]> a cost-saving replacement for human workers.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Tesla is also considered to be overvalued.  Competition is growing andMar 31 05:08
schestowitz[TR2]> sales are plummeting.  The global market for electronic vehicles isMar 31 05:08
schestowitz[TR2]> growing, but Tesla's share thereof is shrinking.  Musk's activitiesMar 31 05:08
schestowitz[TR2]> have badly damaged the brand.Mar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> What is Tesla worth?Mar 31 05:08
schestowitz[TR2]> https://www.dailykos.com/stories/2025/3/30/2313455/-What-is-Tesla-worthMar 31 05:08
schestowitz[TR2]> Mar 31 05:08
schestowitz[TR2]> Analysis of Tesla's price/earnings ratio.Mar 31 05:08
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