alt Hacker NewsNeither did Elon. What’s the point of A?
Long term we want efficiency. The market is SUPER inefficient right now. People are buying GPUs and stacking them up in warehouses so that they get their allocation. Companies are taking retired jet engines, and turning them into very expensive generators. SoftBank just defaulted on a bunch of power generation orders (increased cost for everyone, but didn’t create the value). My point is that it will be a painful road to get to the efficient market which will likely be a recession because of a massive slow down in spending
A is a reddit meme-argument. It assumes that the labor-theory-of-value is a fact and implies that only fungible IC's add value, whereas irreplaceable great men who organize multi-trillion-dollar companies from scratch contribute nothing. It's a way for them to advance for their silly worldview while obscuring its absurd foundational assumptions.