| ▲ | rob74 6 hours ago | |
The hype already starts with the SpaceX SEC filing. According to it, its addressable market is $28.5 trillion, of which $26.5 trillion are AI. This means that every human being who owns a computer on this planet (1.75 billion) would need to spend (on average) over $15.000 on xAI products. | ||
| ▲ | root-parent 6 hours ago | parent | next [-] | |
>> that every human being who owns a computer on this planet (1.75 billion) would need to spend over $15.000 on xAI products. Current US national debt is approximately $39.22 trillion. As we achieve a zombie movie, level of collective madness, lets take all this into the last degree. Nationalize SpaceX, and with this bright obvious future described on the prospect lets pay US debt :-) Pay US retirement benefits pensions in token credits, pensioners can resell, make an options market for tokens. I am sure Robinhood will open you a margin account for that? Lets open a futures markets for food goods grown up on SpaceX Asteroids, as they will have free solar energy. They can grow them three times faster than on Earth... To quote Ron Baron yesterday on CNBC, we are all going to earn hundreds of billions.... | ||
| ▲ | ben_w 6 hours ago | parent | prev | next [-] | |
Yes indeed. While this would be conceivable if some future AI gets good enough to actually replace 100% of global paid labour currently done by using a computer, the reference class I have here is that Wikipedia is definitely not valued at [number of people online] * [peak cost of Encyclopaedia Britannica]. Economic displacement on that scale breaks the valuation. | ||
| ▲ | dzhiurgis 6 hours ago | parent | prev [-] | |
> would need to spend over $15.000 on xAI products. For perspective - that’s 12.5 years of Tesla FSD subscriptions. I think there are probably about that much cars out there. | ||