Xueba's computing system

Chapter 245 Musk's Algorithm Crisis 2
Many investment institutions on Wall Street are puzzled by Musk's operation of OpenAI this time, because Musk's performance can only be described as chaotic.

Previously, when Musk was interviewed in public, he was not only vague about the AI manager algorithm, but also took the initiative to tell people not to have too high expectations for this algorithm. He also claimed that Tesla's food delivery was just an interesting philanthropic investment attempt by Tesla.

Musk's attitude is obviously intended to downplay ordinary people's expectations of this algorithm.

Such operations are not uncommon, but it is strange that Musk did not invest in OpenAI stocks in advance.

Because if Musk had planned the OpenAI stock in advance, he would have deliberately confused public opinion in the planning stage to realize his intention of building a position at a low level. But what confused investment institutions was that they spent a lot of energy and resources searching, but there was no trace of Musk building a position.

Musk's response is obviously not intended to confuse the public.

Therefore, Wall Street's investment institutions have to think of a terrible fact - the AI manager algorithm may be out of Musk's control.

That’s why Musk deliberately downplayed the impact of this algorithm. Otherwise, the greater the influence of the algorithm, the more incompetent his OpenAI will appear. By then, OpenAI’s valuation of hundreds of billions of dollars will be gone.

It is for this reason that those investment institutions will continue to follow up cautiously even after Musk publicly acknowledged the connection between OpenAI and this algorithm.

If Musk wants to reap the profits, he cannot do so by himself. Without the help of investment institutions, the global investors will not follow suit.

It is precisely because Musk noticed the hesitation of investment institutions that he was eager to open source the AI manager algorithm to prove to investment institutions that he really has something in his stomach.

Originally, even if such algorithms that are far ahead of their peers are to be open sourced, they will be done after sufficient patents have been applied for, to avoid being inspired by peers and applying for patents in advance.

After all, open source is not the goal. The reputation and soft power brought by open source can be achieved by selling emotional value and driving up stock prices. This is the goal.

Musk's eagerness to open source this time was completely forced. After all, the losses from earlier open source cannot be compared with the possible losses in the stock market.

Because OpenAI is a huge bubble, Lin Yuan is very clear about this.

At present, AI, except for the algorithms produced by the computing system at hand, remains in the theoretical stage, and there are few scenarios where it can be truly applied on a large scale. In other words, OpenAI is actually a big bubble.

The most feared thing about bubbles is that they break. Once a bubble breaks, it is almost impossible to put it back together. That is why Musk came up with this self-destructive open source.

In Lin Yuan's view, his open source operation is actually a sacrifice to save the driver - in order to maintain OpenAI's market value of hundreds of billions of US dollars, he sacrificed the potential licensing income of the AI manager algorithm.

Before Musk carried out this series of operations, Lin Yuan had never thought that his algorithm would affect the life and death of the other party's openai company.

In fact, Musk himself didn't expect this.

The old boy of Mar-a-Lago has just taken office. As Musk's number one favorite, he has been busy with government affairs recently, so he regarded this food delivery investment in Lin Yuan as a casual help to young people.

Who knew that in the process of helping others, he would end up tying the fate of his own company worth hundreds of billions of US dollars to that young man.

Musk also didn't expect that Lin Yuan would be able to successfully break the circle of Tesla food delivery by relying on food safety supported by algorithms.

The benefit of this is that the algorithm used by Tesla for food delivery is believed to be developed by OpenAI, which has led to high expectations for OpenAI in the investment market.

But the trouble is: Musk did not expect this, so he did not sign a contract with Lin Yuan in advance regarding the intellectual property rights of the algorithm, and the intellectual property rights of the algorithm are unclear. Expectations are a good thing, but when these expectations are not in your hands, it is not a good thing.

Musk had no choice but to admit: If Lin Yuan did not give the algorithm to him, and the world would eventually find out that the algorithm for Tesla's takeout was not developed by OpenAI, then OpenAI's market value of hundreds of billions of US dollars would evaporate.

Because the world has placed too high expectations on OpenAI through the traffic from Tesla food delivery. The greater the expectations, the greater the disappointment when the expectations are dashed.

Fortunately, Lin Yuan was very considerate, which prevented Musk from becoming a joke in the history of modern business. Musk also solemnly told Lin Yuan how important the algorithm intellectual property rights were to him after he completed the handover of the algorithm intellectual property rights from Lin Yuan.

Lin Yuan was quite calm about this. He was not disappointed at all because he lost an opportunity to control Musk. To be more precise, he was not upset at all.

Musk was willing to let him use Tesla's name to engage in food delivery without hesitation, and even when Tesla's senior management tried to seize power from him, he always stood firmly on his side.

Based on these, it is impossible for Lin Yuan to backstab Musk in this matter.

However, Lin Yuan is not a fool.

He also understood Musk's deliberate concealment afterwards - Musk did not explain to Lin Yuan in detail what Lin Yuan's good deed meant before taking over the intellectual property rights of the algorithm from Lin Yuan. Musk must have been worried that Lin Yuan would change his mind after realizing that he could control OpenAI.

However, after Musk took control of the situation, he quickly apologized to Lin Yuan and was willing to give Lin Yuan stocks worth tens of billions of US dollars.

Lin Yuan was quite relieved about this. He even told Musk directly, "If it were me, I would do the same as you. I am honest, but I never expect others to be so honest to me. But if you really feel indebted, we can discuss how to transfer the 10 billion US dollars to my account."

Musk was not joking with Lin Yuan. He really wanted to give Lin Yuan 10 billion US dollars.

Lin Yuan's food delivery business has brought more than 10 billion in economic benefits to Tesla and OpenAI, just from the current stock price appreciation. Tesla has appreciated by hundreds of billions of US dollars because of this wave of momentum.

Musk promised to give away stocks of equal market value, not cash, so this makes sense.

But the problem is how Lin Yuan should accept this huge sum of money.

It is certainly impossible to directly transfer such a large number of stocks to Lin Yuan. After much deliberation, Musk could only let Lin Yuan become an independent director of Tesla.

Musk convinced the Wall Street investment institutions behind him and made those vampires realize the great value of Lin Yuan, and then those vampires agreed to Musk's proposal to let Lin Yuan serve as an independent director of Tesla.

After becoming an independent director of Tesla, you can legitimately accept large stock rewards.

Musk quickly pushed the Tesla board of directors to grant Lin Yuan stocks worth 1 billion U.S. dollars. This is simply outrageous to ordinary people, a young man directly receiving stocks worth 1 billion U.S. dollars.

Therefore, Musk quickly added a bet agreement, which explained that Lin Yuan and Tesla had signed a bet agreement regarding Tesla's food delivery business.

Now that Lin Yuan has completed the bet, he deserves to receive Tesla stock rewards.

Of course, this is purely a smokescreen created by Musk to give Lin Yuan stocks.

This gambling agreement was simply concocted at the last minute.

Anyway, as long as Musk and the consortium behind him have no objection, there won't be any problem.

For matters like transferring equity, a more sophisticated approach would be to have Lin Yuan set up a shell company, and then have Tesla or OpenAI acquire the shell company.

If it weren't for the fact that Lin Yuan still had to stay in Longguo, it wouldn't be too exaggerated. Musk could really come up with a 10 billion acquisition of a shell company, and there would be no need to go through the bet agreement to give Lin Yuan 1 billion US dollars in stocks.

After all, there is some supervision in Longguo, so you can't really do whatever you want.

As a result, Lin Yuan's net worth suddenly reached 10 billion US dollars.

(End of this chapter)