You can, however, confiscate all their stuff.

That data is probably good for advertising, but I don’t know if it’s useful for AI training.

To elaborate: The stock market is a “Keynesian beauty contest” where - at least in the short and medium term - what investors think other investors think* about a stock is more important than what it’s actually worth. Reality asserts itself eventually, but “the market can stay irrational longer than you can stay solvent”, so here we are.

• ad infinitum

What in the world makes you think they are unregulated?

Which is amazing because it’s somewhere between 4th and 15th place in the LLM race. Let’s say you really believe in a winner-takes-all scenario for AI where the winner gets to monetize harder than Google… Why would you invest in SpaceX? I don’t understand the scenario in which SpaceX makes loads of money off of AI. Maybe with space datacenters, assuming that’s even possible? But if that’s the plan, why spend lots of money training their own model rather than renting out racks of GPUs?

If you change phones regularly you can use an old phone. No need to buy a new one.

You have to wonder if they ever played Cyberpunk 2077 (incl. Phantom Liberty) before they came up with that line. The only AAAA game. Maybe not the best game ever, but it definitely felt like the most expensive game ever.