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Musk’s new Grok upgrade allows X users to create largely uncensored AI images (arstechnica.com)

submitted 3 months ago by some_guy@lemmy.sdf.org to c/technology@lemmy.world

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So his site that already doesn’t make money with let subscribers make porn at an astonishing rate of electricity. He has no clue how to run a business.

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[-] Voroxpete@sh.itjust.works 3 points 3 months ago

The net outflows on Twitter cost him about a billion a year. And there's no golden parachute with Twitter, he's not a CEO, he's the sole owner.

Paying that debt requires him to come up with actual cash money, and Musk's fortune is entirely in Tesla stock. The more of that stock he sells off to cover his Twitter losses, the more he damages the stock price, which shrinks his remaining fortune.

So yes, he absolutely does care. Twitter won't bankrupt him, but it could definitely cause him some serious damage.

[-] ShareMySims@sh.itjust.works 3 points 3 months ago

it could definitely cause him some serious damage.

You clearly don't understand just how much hundreds of billions of dollars is.

Try this:

https://mkorostoff.github.io/1-pixel-wealth/

[-] Voroxpete@sh.itjust.works 1 points 3 months ago

Don't try to be patronizing, you're clearly not very good at it.

this post was submitted on 14 Aug 2024

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