e.g the twitter thing - forced to buy when he didn't want.
As means to buy an election an Presidency: highly efficient use of capital with an undeniable short and long-term ROI.
That he won't have to pay for. Shareholders will, as part of the SpaceX IPO.
The thing is... SpaceX and Tesla actually delivered something, in the case of Tesla at least until that damn rust bucket. They were (and, with the exception of the rust bucket, still are) miles ahead of the competition.
Back when Musk proposed buying Twitter, the site already was in the gutters, there's a reason that place was up for sale. Bugs littered everywhere, reliability issues, the disaster that was the universally hated 2019 redesign, sex spam bots, trolls and propaganda farms running the show, the "legitimate" bluecheck verification program being all but dead for new applicants. People actually hoped that Musk would turn the sinking ship around.
What even those critical of Musk didn't expect was that he'd open all the floodgates.
*ducks to dodge downvotes for not only making a bad dad joke but a political one*
If anyone is/was truly still wronged by OpenAI changing corporate structure they are still able to sue and prove damages. Yet surprisingly no one has come forward on this.
One wonders on what grounds?
In the UK, in a civil case like this, the judge I think comments on the likelihood of an appeal avenue once the verdict has been reached.
Never. That never ever happens.
Invent a time machine; send a lawyer back to file a new lawsuit within the statute of limitations.
You can try to file it again, but that gets to the point where the judge can throw your ass directly in jail for 30 days, do not pass go, do not collect 200 dollars.
But (at least in the US), the appeals court does not have to accept your appeal. When you file the appeal, you have to give them enough reason for them to even listen to your appeal, instead of rejecting it from the first filing.
[0] Assuming that the trial judge didn't materially screw up in admitting or excluding evidence, or in instructing the jury about the law, and also assuming no proof of juror bias or improper influence.
I wonder if the government or taxpayers have a case to bring regarding that.
The attorneys general of California and Delaware could challenge that 2019 IP transfer if they so wished on behalf of the public.
That seems unlikely to me given how divisive he is. OpenAI already had one existential leadership crisis without Musk. I doubt it would have fair better under his notoriously difficult leadership. If he had wrestled control away, I would expect an exodus of employees going to new companies.
It's the same as always. Musk himself is an awful business man. He relies upon buying the success of others and taking over. Outside of that, he's kind of awful. Initiatives started by Musk himself almost inevitably fail.
SpaceX, founded entirely by him alone, is also the most valuable space technology company on earth, so...
Disclaimer: My portfolio is 65% Tesla.
Tesla has been a meme stock for about five years now, maybe more. Its valuation correlates with Musk's abilities as a showman and media figure, not a businessman.
GME did not beat the S&P500 over the past 10 years, and it is just the evidence of you needing to verify your claims before making them.
Over the past 5 years[0]: S&P500 up by 77%, GME down by 50%.
Over the past 10 years: S&P500 up by 260%, GME up by 207%.
GME performance in the past 10 years doesn't indicate that Ryan Cohen is a business genius. It indicates that he runs a company that has been underperforming the market for at least the past decade.
0. https://www.google.com/finance/beta/quote/.INX:INDEXSP?windo...
Basically the title of the court case was: "Is Skynet slop going to be helpful to mankind".
We all know how that story ends. Thus, fining both is warranted. When the superrich go to court, they should pay an extra fee. Like a billion per court case or so.
Intersting outcome. So it's more of a dismissal on technical grounds rather than a complete loss.
Of course this will be appealed but, as you see the claims just don't stick.
> OpenAI is a non-profit artificial intelligence research company. Our goal is to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.
> Since our research is free from financial obligations, we can better focus on a positive human impact. We believe AI should be an extension of individual human wills and, in the spirit of liberty, as broadly and evenly distributed as possible.
---
https://web.archive.org/web/20180323231344/https://openai.co...
> We publish at top machine learning conferences, open-source software tools for accelerating AI research, and release blog posts to communicate our research. We will not keep information private for private benefit, but in the long term, we expect to create formal processes for keeping technologies private when there are safety concerns.
---
It's about open research.
It seems like a reasonable way to use the word, no?
You're either responding to an LLM or a badly malfunctioning human.
Odds of him winning on appeal are low.
The American judicial system is completely Byzantine and rotten, from top to bottom. Worse than many third world countries.
For a robbery that doesn't involve a weapon I think we should generally forgive and forget if it's been long enough. Nobody cared enough to bring action in court for whatever reason, and it would be awful for someone in their 40's to be jailed and brought into court for something that happened in their 20's. At that point if the government fails to prosecute that's on them, and on us for failing to hold them accountable. But 20 years is a long time and people can change over that timespan, so it probably doesn't make sense to hold a grudge for that long.
There are especially egregious crimes that have no statute of limitations like murder and sexual assault, but we might find our society better off for keeping the statute of limitations for injuries that we can recover from.
Also, if someone hasn't committed a crime in, say, 20 years, there's questionable need to lock them up for three years to deter the behavior. Goal is to optimize the overall system even if some people slip through the cracks.
It is instead relevant if the state decides not to charge you for a crime but comes back to you decades later and goes "we changed our mind, now you have a week to come up with a defense".
Encouraging timely action is another factor. Generally people with real harms will file sooner than later, otherwise why wait?
It's also to grant peace of mind -- so people can stop worrying about potential litigation after some amount of time.
Wasting everyone's time and clogging up the court system perfectly describes the heart of this matter. Plain bullying and hype.
It's also generally considered unfair for someone to have an indefinite threat of being sued or prosecuted hanging over them when their ability to defend themselves gets weaker over time. Limitations discourage strategic delays or using old claims as leverage far into the future. Without limitation periods, old business transactions could be reopened forever, estates could never fully settle, people and businesses would face constant uncertainty.
Ultimately, the courts are just better at resolving current disputes than reconstructing old ones.
>the spectacle of these two multibillionaires fighting about power and money has distorted and obscured what the law is meant to care about here, which is the public interest
(https://www.ft.com/content/846479c8-4ab0-4812-a1d5-08abdd8b9...)
Moreover, there is no "justice" here either way--it's just rich people suing each other.
Musk lost today because the jury found that he waited too long to bring his claims. The jury answers only yes/no questions, so we do not know their exact thoughts, but it is likely they determined that the 2019 and 2021 Microsoft deals were too similar to the 2023 Microsoft deal that was the centerpiece of Musk’s lawsuit. Musk could have brought the same lawsuit in 2019 or 2021, meaning his claims were untimely for the 3 year statute of limitations.
Because the statute of limitations is a precondition, the jury was not asked to find any other facts. They may tell the press what they thought on other issues, or they may not.
The judge was prepared to immediately accept the jury’s finding, and said she agreed that the jury’s decision was supported by the evidence.
It is possible for Musk to appeal, but success is vanishingly unlikely. Whether Musk’s claims are barred by the statute of limitations is a quintessential question of fact, and appellate courts are extraordinarily deferential to factual findings by juries so as a practical matter it’s almost impossible to appeal this verdict.
If I had been on the jury, I would have found against Musk on every point.
His lawyers created a “3 phases of doubt” to try and sidestep the statute of limitations, but it was clearly bogus and he was on notice of OpenAI creating a for-profit in 2019.
Musk was perfectly happy to have OpenAI be a for-profit, a non-profit with an attached for-profit (the current structure), or even just absorbed into Tesla. His complaints fell flat for me given the number of emails where he said that a non-profit was likely a mistake.
This is technical, but Musk clearly never created a charitable trust, which was a precondition for his claims. His funds were donated for general use by OpenAI, not for any specific use that would allow him to claim breach of charitable trust. Also, all of his funds were spent by no later than 2020 which is before his alleged breach in 2023.
Musk unreasonably delayed bringing this case until the success of ChatGPT and starting a competing AI company, and he had unclean hands because he attempted to sabotage OpenAI repeatedly by poaching its key staff while on the board.
Why is a hypothetical ground for this decision? "You didn't complain immediately the first time you got robbed, therefore all the robbing since then is covered by a statute of limitation".
This case demonstrates why. Musk only complained after OpenAI was commercially successful with ChatGPT and after he started a competing effort. He repeatedly said “I do not know” and “I do not recall” on the stand, and argued that the passage of time made it hard for him to remember facts that would have been helpful for OpenAI.
I guess there could be a question of fact in a case where the statues of limitation differ for different injuries, and the factual question is which injury was it.
In this case, the jury found that Musk knew or should have known of his alleged injury prior to 2021.
Edit: to augment the sibling comment.