[TheAlchemist]

I really wish more people were aware of this. It's a major scandal and definitely not being talked enough about.

Nevermind SpaceX, which at least have some importance for US defense industry, but xAI ? We will be investing in Elon's private venture, at the price that he himself set and which is at least 2 orders of magnitude too high...

[JumpCrisscross]

> It's a major scandal and definitely not being talked enough about

It’s being extensively talked about and debated. It hasn’t entered the mainstream discourse because it’s too technical.

[lenerdenator]

It doesn't need to enter the mainstream discourse.

It needs to enter the inbox of a grand jury docket.

[JumpCrisscross]

What crime do you think was committed? Indices are privately maintained and transparently rebalanced.

[danny_codes]

Fraud, arguably, since it seems a deliberate attempt to mislead investors

[daveguy]

Yeah, not illegal, just corrupt AF like all the garbage spewing out of the Dumpty admin.

[aeternum]

There are enough Elon haters that you can rest assured there will be an inverse ETF so that you can easily hedge away your index exposure if you really want to.

[MagicMoonlight]

He's strapped them together because xAI is about to go bankrupt and has fuck all, so this way he can dump it on the bag holders.

[sroussey]

Just call it what it is: SpaceTwitter

[antonvs]

SpaceXitter

[asmvolatile]

Obviously pronounced “spaceSh*tter”

[Spooky23]

Well, we elected a bunch of criminals, and Elon fired everyone who regulates this. The SEC was gutted like a fish, and contract terminations resulted in a large percentage of FINRA staff being laid off.

[disqard]

But the Dow is over 50,000 right now!!!1

(actually, 46,565.74 right now)

[tw04]

$50,000.

Gotta be accurate. Just saying 50,000 implies her incoherent rant was even a little bit based in reality.

https://youtu.be/WK12_IkAj2s?t=94

[vel0city]

But the DJIA isn't in dollars it's in points.

[kikki]

You're missing the reference (which the parent comment linked for you)

[topaz0]

I hope you inform our attorney general

[throwawaypath]

>I really wish more people were aware of this. It's a major scandal and definitely not being talked enough about.

Aware of what? A rule change that has been asked for long before Elon stepped foot into the White House? Just because the collective brain rot and Elon Derangement Syndrome on BlueSky is calling it a "scandal" doesn't make it so.

[lacy_tinpot]

In order to be incredulous at xAI, you'd have to be incredulous of the AI business in general, which is fair.

But then you'd also be basically betting against the entire tech sector, and really the entire US economy and against the value add of AI. That kind of bet is much more difficult to swallow.

[riffraff]

That's not true at all.

I am confident some companies will make bank with AI. I am also confident xAI is not one of those.

It's as if you said "if you don't think Lycos is a good business you don't think search engines can work in general".

[lacy_tinpot]

>I am also confident xAI is not one of those

Surely you're going to buy long Put options with that confidence, right?

[ZitchDog]

You can’t trade options on an IPO.

[groby_b]

You can post-IPO - depending on liquidity. I don't think that'll be an issue here.

And if the thesis of "it's going to look good for the first 15 days" holds, you can indeed be very profitable by e.g. buying ATM puts. (The problem being that markets don't like sticking to time tables just to accommodate your investment thesis ;)

So yes, you'll be able to take a bearish position fairly shortly after the IPO.

[compass_copium]

A Musk joint immediately after an IPO. ATM puts will be trading at what, 250% IV?

[compass_copium]

The market can stay irrational...

[lacy_tinpot]

Sure. It's the market that's irrational, not the people here. The people here are the truly enlightened rational ones and know what the true value of things are.

[sublinear]

I kinda disagree because while most search engines failed and Google succeeded, they did not succeed by simply being a better search engine.

This is only further demonstrated by their excellent leverage of Gemini. Google continues to succeed at being Google.

[irishcoffee]

They absolutely succeeded because they had a better search engine. Without a doubt. I imagine there’s more than a few folks around here who used shit like askjeeves, altavista, et. al. Google was heads and shoulders better than those, and continued to get better over time.

No, I’m no Google fan, but it’s revisionist history to say they didn’t have the best search engine.

[mlloyd]

Agreed. They won by having the best product. And it wasn't even close.

[ericd]

Yep, I tried it when it had the original logo, was using Altavista until then, it was immediately obvious that they were going to win.

[compass_copium]

I used Dogpile "because it searches all of them at once!" until I realized that only Google's results were worth anything.

[microtherion]

The way I remember it is that I used at least Lycos and AltaVista before Google. In both cases, a major reason for switching was that the search itself got cluttered up with ads.

So Google's current trajectory does not bode well for them, as far as I'm concerned.

[sublinear]

Hah. I didn't expect to get downvoted this much.

I'm not trying to rewrite history either, but this makes me wonder how deeply the Google lore really affected some people.

I'm in my late 30s, so fair enough. I was there, but not really "there" to see what happened. My understanding and memory was that there was good word-of-mouth in the 90s because it was marginally better. By around 2000, the media was strongly pushing this narrative about Google being this great technological triumph with their PageRank algorithm. This coincided with AdWords being rolled out, dotcom hype, and people generally taking SEO more seriously while Google was best positioned to take advantage.

Now, I'm not saying I know much but I'd be very surprised to hear that nobody else ever thought about setting up a scheme with Markov chains to measure "link juice". That seems like low-hanging fruit for just about any students excited about the topic, but again what do I know. To me, the Google story was always more of a business success than anything else. They got so much praise and so effectively leveraged their nerd cred that people optimized for their results and it all snowballed from there.

This time around with LLMs, they can't claim to have the best. The space is way too volatile. What they can say is everyone uses it because everyone eventually searches on Google, if not by default. Google just has to be good enough and the easiest to use.

[runako]

As an adult working in tech in the 90s, Google hit the Internet like a bomb. They were a relatively late entrant, long after most people had their favorite 2-3 they used (I was primarily Altavista). There was word of mouth, but search engines advertised heavily to raise awareness.

Then Google hit. Materially every person who used it stopped using their previous favorite search engine within 1-2 uses. It spread like wildfire. It was fast, accurate, and the results weren't cluttered (aka lightweight, aka friendly for people on dialup). Some competitors at the time were showing display ads on search results pages.

Google did not have to advertise that I can recall. It was like one day, search was like the auto market : lots of makes, types, etc. The next day it was all Google. It happened really fast in my recollection.

And to your point -- as far as I can recall, the big competitors simply did not try to clone Google. They kept their cluttered pages and did not optimize performance. Excite pivoted to home Internet via a merger with @Home.

A couple of close analogs you may have seen up close. AWS for having a lane virtually to themselves for a long time. Azure & Google & IBM etc. didn't really even suit up until AWS was entrenched reminds me of Yahoo! etc. sticking to their portal strategy well past its sell-by. ChatGPT for the speed of adoption. Google was like a combination of these two.

[marcus_holmes]

I'm older, and was there.

The word of mouth was real. I was working in tech at the time, and had Google recommended to me by a mate. I tried it, and it rocked. This would be about 1996, I guess, somewhen around then.

Every techie converted to Google, and we converted our friends and family. Sure they got media coverage, but remember at that time journos had very little clue about tech and relied on their techie friends and family for tips about what was going on. And, obviously, the internet was the big story at the time. I would absolutely not be surprised if it turned out that Google paid nothing for media coverage and were fighting off journos clamouring for interviews.

As far as I'm aware, PageRank was a completely unique innovation that no-one else had done or tried before. There may have been imitators, but they never got the traction that Google did.

By 2000, and AdWords and all the rest, Google was already the dominant search engine, at least with tech folks. SEO was just beginning around this time, because of that dominance.

And yeah, Gemini is an also-ran, despite all the money and tech expertise Google have thrown at it. It'll be interesting to see if they cancel it, like they have other products that have not done as well in the market (G+ being the classic case). Same for Meta (and, well, Meta).

[irishcoffee]

I think that’s a fair point. What I would say in response is that you should bear in mind the times back then.

The internet had just blown up. CompSci programs at major universities were still teaching Fortran and COBOL. Linux had its very first release in 1991 I think (when the initial Google folks were in high school), people knew what BSD stood for back then, web protocols were not horribly dissimilar to the Wild West, and don’t even get me started on web standards.

In addition to all of that, they actually fixed search. There was this golden era where searching worked. The other responses you’ve had so far are much more enlightening than mine, I’m spent. I didn’t meant to come off as an ass, it’s interesting to hear your perspective on this.

[riffraff]

> I'd be very surprised to hear that nobody else ever thought about setting up a scheme with Markov chains to measure "link juice"

I think google's thing was that they got the idea, the math, and the way to do it in a practical way at scale.

I'm a bit older than you and I remember when google came out and it was so far ahead of the competition it was unbelievable.

[Marazan]

Google was not marginally better.

I was orders of magnitude better. It is that simple.

[atombender]

As the other commenters point out, Google was absolutely a game changer. Their user adoption growth was stunning for good reason. Just a few months after launch, "everyone" was using Google.

That's not the whole explanation for their success, though. They could have cratered after that for all sorts of reasons. A large part of how they succeeded was the discovery of the ad model. A lot of people forget that ads were all manually negotiated before Google offered self-serve ad creation (Overture did the bidding system first, but Google was better).

They also starting building on "big data" very early on; AdWords reused the same tech that drove relevance ranking (PageRank and click-through feedback loop), so by the time competitors were scrambling to compete, Google had amassed tons of organic data that were only available thanks to their scale, and not something competitors could bootstrap.

But none of that would have mattered if the product wasn't good. I started using Google around 1998. The childish design was off-putting at first, and made me feel uncertain about whether it was a serious brand that would last — this was the age where new search engines appeared all the time (I used HotBot a lot myself) — but the search quality and speed was undeniable.

[riffraff]

(I don't think your comment deserved the downvotes, it wasn't me)

I think Google _did_ succeed as a better search engine, but ,y point was just that even if you think a company won't do well it does not imply the whole sector won't.

You can consider the example of Nikola/electric trucks, if you disagree on google/search engines :)

[maest]

xAI's value is irrelevant here. This is about Elon throwing his weight around and rigging the game to create an artificial squeeze so him and his early investors can make bank by transferring wealth from everyone's retirement fund.

The company is irrelevant. The focus should be on the money making scheme

[Rover222]

Lol

[ultrarunner]

> against the value add of AI

Hasn't the surprising lack of value add been discussed with increasing frequency?

[Spooky23]

Who is using Grok seriously?

[WatchDog]

Overall it's worse than the other frontier models, but it's decent for queries about breaking news, due to being trained on twitter data. It's also better for queries about controversial topics, and topics that the other labs have deemed to be "unsafe".

Politically, it differs quite a bit from other models.[0] It's right leaning, although it's closer neutral than other models, defining what neutral is a challenge though.

[0]: https://arxiv.org/abs/2603.23841

[seabass-labrax]

The study you link to doesn't take into consideration the Overton window of opinions. Perhaps there's some dimension along which you could say that one ideology lies 'opposite' to another political persuasion, but that doesn't necessarily mean that the two ideologies are equally acceptable to support in a given society.

I don't think calling defining neutral a 'challenge' does the question justice - neutral will always be context-dependent, and what may be in the center of the Overton window of one society may be unpopular or even highly illegal in a different society.

[numpad0]

Wasn't it just, likely, a Claude proxy, then a local LLM for a while, then now-ish an OpenRouter proxy?

[bdangubic]

> due to being trained on twitter data

twitter data is 70%+ bots (probably more than that now)

[BurningFrog]

Grok is of course also trained on the same giant blob of "all human writing" that the other models are trained on.

[BurningFrog]

The stated goal for Grok is to be as truthful as possible.

Maybe that shows up as being more right leaning than the competition.

[Natfan]

stated goal ≠ output

see: democratic people's republic of korea, the chinese communist party, american first

[krige]

Grok and Elon's ventures in general should really get the Purpose of a System treatement in public discourse. For all we know the purpose of Grok is to make nude edits of people. You can assign this to left or right leaning as you please.

[BurningFrog]

The obligatory "Elon is a poophead!" responses anytime you mention Elon without criticizing him is my least favorite thing about this forum.

[bongoman42]

I use it, overall, it is not too bad. I wouldn't use it for coding etc, but its access to X means it can answer news related stuff much better. Its guardrails are lower so it does fairly innocuous things that will have ChatGPT or Gemini refusing to do.

[mcmoor]

I tried it when it has the most extensive free offering, and it definitely answers my worldbuilding questions in more detail than I expected and compared to Gemini or Chatgpt. Can't say anything about hallucinations tho.

[hn-acct]

In my bubble I only see right winger influencers using it.

[ryandrake]

Right wingers and generating creating nude images of girls and women who post on xitter, without their consent? Those are the only things I even associate with Grok anymore. The venn diagram may line up pretty nicely between them, too.