Elon musk is for crypto or just for attention to boost Tesla, SpaceX?

[Perfectbaby]

Elon musk is already known as a public figure whatever he is doing today both on media or TV he has a motion for doing that, he doesn't involved in a business where he won't profit from, he main target could be to sell his product tesla motor and spaceX. I think whenever we are following any information that could be dropped by him we should be very mindful especially cryptocurrency related update because he might dump on a larger scale where little investors could lose heavily.

[rdbase]

Elon musk is already known as a public figure whatever he is doing today both on media or TV he has a motion for doing that, he doesn't involved in a business where he won't profit from, he main target could be to sell his product tesla motor and spaceX. I think whenever we are following any information that could be dropped by him we should be very mindful especially cryptocurrency related update because he might dump on a larger scale where little investors could lose heavily.

It is a business, so if they are not turning a profit year in and year out then those businesses will just shrivel up and die.

Also, Musk does not like the competition either from his most recent move.
On the heels of the main announcement during the WDC Apple conference that the iphone will have Open AI integrated into it, he had an announcement of very own about what he thought about a rival company trying to gain more appeal. Since he has his own AI company named Grok.

sources:
Musk warns that he will ban Apple devices if OpenAI is integrated at operating system level
https://www.reuters.com/technology/elon-musk-says-he-will-ban-apple-devices-if-it-integrates-os-with-openai-2024-06-10

Elon Musk threatens to ban Apple devices from his companies over OpenAI partnership
https://www.cnbc.com/2024/06/10/elon-musk-to-ban-apple-devices-from-his-companies-over-openai-deal.html

Elon Musk threatens to ban iPhones and Macs at his companies - All of them!
https://www.cnn.com/2024/06/11/tech/elon-musk-apple-ban-openai/index.html

Good for him as he has the last say of what happens at his own companies!

[RockBell]

Elon musk is already known as a public figure whatever he is doing today both on media or TV he has a motion for doing that, he doesn't involved in a business where he won't profit from, he main target could be to sell his product tesla motor and spaceX. I think whenever we are following any information that could be dropped by him we should be very mindful especially cryptocurrency related update because he might dump on a larger scale where little investors could lose heavily.

Elon is a smart man even before he was recognized as the richest no one expected elon for him to start from batteries and now have expanded is business using data. And with the kind of plan elon have in mind he will continue to become rich because he wants to be number one in most of the most important sectors starting from transportation, social media housing and many more. We know that most if is inventions are going to be under a very close observation. Even when he wanted to go into AI I don't know if it was still approved and even if it was approved they won't allow the public to have access to it we all know the dangers people can do with it.  So anything elon does is to make him self remain in business. And if it won't benefit him he won't start it am sure of that.

And in cryptocurrency most influential people want to use the market to their advantages and if it dumps they might buy and when it goes up they will sell. Rich people  are always looking for that single line and they will make use of the opportunity very well. But tesla and space x are all for profit.

[rdbase]

With this banning of guests and even visitors to the factories I believe he is doing it because with compliments of his StarLink satellite systems he could even create his own cellular phones to rival the iphone:


source: https://decrypt.co/234689/elon-musk-apple-device-ban-chatgpt-security-privacy

[Reid]

Holy crap!
Elon Musk threatens to ban Apple devices from his companies
https://www.msn.com/en-sg/news/other/elon-musk-threatens-to-ban-apple-devices-from-his-companies/ss-BB1o0oES?ocid=BingNewsSerp#image=1

Elon Musk announced Monday that he'll ban Apple devices from his companies' premises if the iPhone creator goes forward with its planned OpenAI integration. Apple held its annual Worldwide Developer's Conference Monday, and the biggest takeaway was OpenAI's ChatGPT will be paired with Siri.

https://x.com/elonmusk/status/1800265431078551973

This is big coming from him. It could make an impact to the market of Apple because I bet most of their equipment are using an Apple brand but it's also going to hit him with his financials if ever he takes this leap. Changing all those equipment because of this will be a lot of money spending.
Again, the power of his words against a big company. This will be a big fight.

[Catenaccio]

Elon Musk threatens to ban Apple devices from his companies

This is big coming from him. It could make an impact to the market of Apple because I bet most of their equipment are using an Apple brand but it's also going to hit him with his financials if ever he takes this leap. Changing all those equipment because of this will be a lot of money spending.
Again, the power of his words against a big company. This will be a big fight.

His concern is valid and reasonable but will this lead to totally broken business cooperation among Elon's companies and Apple, OpenAI, I suspect it will move to this way.

One way or another, soon they will come to agreement and the possibility is no OS-integration of OpenAI in Apple's iOS and their devices. Musk knows that how big iOS is and he will create massive problems for his companies, staffs and users of Tesla, SpaceX and other companies he owned by doing this serious movement. Dust will settle down like how he withdrawn his lawsuits against OpenAI and their found Sam.

[amihada]

Elon is a big businessman, businessmen only think about profit. So it's very natural that when he releases news, of course his goal is only to talk about Tesla. The world is paying attention to Elon. Currently, whatever he says will become public material.

[rdbase]

Elon is a big businessman, businessmen only think about profit. So it's very natural that when he releases news, of course his goal is only to talk about Tesla. The world is paying attention to Elon. Currently, whatever he says will become public material.

Yes profit is key for an owner of a company and in his case companies to survive and prosper.

Also for them to thrive and continue to move mankind forward into the future.
As he sees digital money - cryptocurrency is the way of the future and not the old banking system who uses dirty fiat.
The next slide to the above is him producing a bottle of lighter fluid and a box of matches.

[o48o]

His concern is valid and reasonable but will this lead to totally broken business cooperation among Elon's companies and Apple, OpenAI, I suspect it will move to this way.
-cut-

Is it though? Sounds like he hasn\t watched the keynote video and got already community noted



And these 3 comments under it in a row pretty much summarize his hypocrisy
 


He is just bitter about not being able to take over OpenAI company and put himself as a founder of it. So he is bashing it on any change he gets...

This is a good example tweet on how he doesn't understand what ChatGPT is or how it works:



Anyone who knows anything about chatgpt would understand that it doesn't have anything to do with "intelligence". It's basically fancy text prediction bot that's based on statistical correlations. How do i know this while i don't even code and he does not?

[Reid]

Anyone who knows anything about chatgpt would understand that it doesn't have anything to do with "intelligence". It's basically fancy text prediction bot that's based on statistical correlations. How do i know this while i don't even code and he does not?

I don't think it's about the AI or anything, it's about the business, he is doing this to take out the competition and he want his own project to be the one injected on their products. That's one way on how to stop something to make a move, a threat.

Elon Musk threatens to ban Apple devices from his companies

This is big coming from him. It could make an impact to the market of Apple because I bet most of their equipment are using an Apple brand but it's also going to hit him with his financials if ever he takes this leap. Changing all those equipment because of this will be a lot of money spending.
Again, the power of his words against a big company. This will be a big fight.

His concern is valid and reasonable but will this lead to totally broken business cooperation among Elon's companies and Apple, OpenAI, I suspect it will move to this way.

One way or another, soon they will come to agreement and the possibility is no OS-integration of OpenAI in Apple's iOS and their devices. Musk knows that how big iOS is and he will create massive problems for his companies, staffs and users of Tesla, SpaceX and other companies he owned by doing this serious movement. Dust will settle down like how he withdrawn his lawsuits against OpenAI and their found Sam.

It will. But what else is his option here in case Apple continue to use the said AI? I think he will have a hard time finding an equipment as good as Apple and it will probably just be a waste of resources if he continue to do so. That's an unwise move as a businessman just because of this kind of update.
If Apple will weigh the number of buyers of their product against the whole company of Elon, well I think there's more buyer outside that one company only.
It's his posts that is trying to stain the name of them which I think will hurt them becuase of the number of Elon's followers who might do the same.

[rdbase]

So whatever happened to adding digital payments aligning cryptocurrency as an option for x payments.
https://arstechnica.com/tech-policy/2024/06/elon-musk-rushes-to-debut-x-payments-as-tech-issues-hamper-creator-payouts/

Wouldn't this solve any issues he faces with all this regulatory red tape in each state? The SEC will be in tatters by the end of 2024 anyways by the end of this election year and it will fully back the use of cryptocurrencies or does Elon not believe this to be true?