<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body dir="auto"><div dir="ltr"></div><div dir="ltr">If people didn’t see, Elon posted this yesterday re. the $500 billion:</div><div dir="ltr"><span style="-webkit-text-size-adjust: auto; caret-color: rgb(35, 35, 35); color: rgb(35, 35, 35); font-family: system-ui, -apply-system; font-size: 17px; background-color: rgb(255, 255, 255);"><br></span></div><div dir="ltr"><span style="-webkit-text-size-adjust: auto; caret-color: rgb(35, 35, 35); color: rgb(35, 35, 35); font-family: system-ui, -apply-system; font-size: 17px; background-color: rgb(255, 255, 255);">“They don’t actually have the money. SoftBank has well under $10B secured. I have that on good authority.”</span></div><div dir="ltr"><span style="-webkit-text-size-adjust: auto; caret-color: rgb(35, 35, 35); color: rgb(35, 35, 35); font-family: system-ui, -apply-system; font-size: 17px; background-color: rgb(255, 255, 255);"><br></span></div><div dir="ltr">And</div><div dir="ltr"><br></div><div dir="ltr"><span style="-webkit-text-size-adjust: auto; caret-color: rgb(0, 0, 0); color: rgb(0, 0, 0); font-family: Roboto, sans-serif; font-size: 18px; background-color: rgb(255, 255, 255);">"Sam is a swindler”</span></div><div dir="ltr"><font color="#000000" face="Roboto, sans-serif" size="4"><span style="caret-color: rgb(0, 0, 0); -webkit-text-size-adjust: auto; background-color: rgb(255, 255, 255);"><br></span></font></div><div dir="ltr">This pissed Bannon off (yay), and resulted in Altman saying Musk is wrong. Chump had to speak to this at his press conference.</div><div dir="ltr"><br></div><div dir="ltr">Of course Musk is competing with Open AI. Is not clear that Open AI will be able to get the $500 billion. If not, what does that do to this “arms race?”</div><div dir="ltr"><br></div><div dir="ltr">-Henry</div><div dir="ltr"><br></div><div dir="ltr"><div dir="ltr"></div><blockquote type="cite">On Jan 24, 2025, at 8:53 AM, Adrian Tymes via extropy-chat <extropy-chat@lists.extropy.org> wrote:<br><br></blockquote></div><blockquote type="cite"><div dir="ltr"><div dir="ltr"><div dir="ltr">On Fri, Jan 24, 2025 at 6:58 AM BillK via extropy-chat <<a href="mailto:extropy-chat@lists.extropy.org">extropy-chat@lists.extropy.org</a>> wrote:</div><div class="gmail_quote gmail_quote_container"><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="ltr"><div dir="ltr"><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Fri, 24 Jan 2025 at 09:27, efc--- via extropy-chat <<a href="mailto:extropy-chat@lists.extropy.org" target="_blank">extropy-chat@lists.extropy.org</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
Nothing new here... they are trying to "commoditize your complement" to <br>
ensure no one gets the ultimate prize and power.<br>
<a href="https://www.lesswrong.com/posts/mbYX3JnohWRF8KTT2/tech-economics-pattern-commoditize-your-complement" rel="noreferrer" target="_blank">https://www.lesswrong.com/posts/mbYX3JnohWRF8KTT2/tech-economics-pattern-commoditize-your-complement</a><br></blockquote><div><br></div><div style="font-family:arial,sans-serif;font-size:small;color:rgb(0,0,0)">I found this article a bit difficult to understand (I am not an economist).</div><div style="font-family:arial,sans-serif;font-size:small;color:rgb(0,0,0)">So I asked DeepSeek R1 to explain the web page</div></div></div></div></blockquote><div><br></div><div> Tch. I can do it much more concisely.</div><div><br></div><div>So, you know how there are monopolies, right? Companies that dominate a certain industry, charge customers much more than it actually costs to make stuff (and make large profits by doing so), get away with it because there's no one else to provide the same stuff for closer to said actual cost, and will sometimes take actions to maintain their status?</div><div><br></div><div>Products and services often feed into other products and services. For example, Microsoft's Disk Operating System (and later Windows) ran on various computers like IBM's PC. IBM also tried making an operating system, OS/2, which could have threatened Microsoft's dominance. So, Microsoft helped make sure there were lots of PC makers, and that customers knew that all of them could run DOS and Windows. IBM failed to do the same with OS/2. As a result, Microsoft's operating system monopoly held up, while IBM was unable to use its former dominance of hardware to make much headway in the operating system market. Today, few other operating systems have been able to rise to challenge Windows. while personal computer hardware has mostly become a commodity market with lots of competitors.</div><div><br></div><div>Other companies noticed and copied this behavior. For example, Google has gotten into several markets adjacent to online advertising, so as to prevent companies focused on those markets from being able to spread into online advertising. That, in a nutshell, is what it means to commoditize the complement, where the "complement" is "markets that serve and/or are served by what your company is focused on".</div></div></div>
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