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Comment by WalterBright

> Musk got a huge leg up through the government, whether it be tax credits, incentives, side-stepping regulations, etc.

Nope. (Any government incentives were available to all the other car companies.)

> Bezos ran at a loss for so long it drove out actual and potential competitors.

Where do you think he got the money to sustain those losses? Investors! Including me. That is not a "transfer" of wealth, as in exchange the investors received an ownership share of the company.

> Regarding the money invested in AI, it all gives me "irrational exuberance" vibes.

It still is the opposite of short term thinking.

parent WalterBright 6 months ago

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