The post Musk slams Apple’s aggressive recruiting and reveals bold plan to move AI to space appeared on BitcoinEthereumNews.com. Elon Musk says Apple went afterThe post Musk slams Apple’s aggressive recruiting and reveals bold plan to move AI to space appeared on BitcoinEthereumNews.com. Elon Musk says Apple went after

Musk slams Apple’s aggressive recruiting and reveals bold plan to move AI to space

Elon Musk says Apple went after Tesla workers hard when the iPhone maker was trying to build its own electric car, offering them twice their salary without even doing interviews first.

The Tesla chief made the comments during a recent three-hour conversation with Stripe’s John Collison and podcast host Dwarkesh Patel. The wide-ranging talk covered everything from computers for space to artificial intelligence and Musk’s work with the Department of Government Efficiency.

Engineers unplugged phones to avoid recruiters

When the discussion turned to building teams and hiring people, Musk brought up how other companies tried to steal Tesla employees during the carmaker’s best times. He pointed to Apple as one of the worst offenders when it ran its electric car program.

“When Apple had their electric car program, they were carpet bombing Tesla with recruiting calls,” Musk said. “Engineers just unplugged their phones.”

He explained that Apple recruiters would make opening offers worth double what Tesla paid, and they did this before even sitting down with workers for interviews. The constant phone calls got so bad that Tesla engineers started disconnecting their phones just to avoid hearing from Apple one more time.

Musk called this the “Tesla pixie dust” problem. Other companies thought that if they hired someone from Tesla, success would automatically follow. But Tesla’s spot in Silicon Valley made things worse because workers could jump to a new job without having to move their families.

Apple worked on building a car for years through something called Project Titan, but the company never actually made one. Still, it clearly put a lot of money and effort into trying to bring Tesla people over to its side.

Musk admitted he had made the same mistake when hiring for his own businesses. “I’ve fallen prey to the pixie dust thing as well, where it’s like, ‘Oh, we’ll hire someone from Google or Apple, and they’ll be immediately successful,’ but that’s not how it works,” he said. “People are people. There’s no magical pixie dust.”

Plans to move AI operations to space

The talk also covered Musk’s plans for something he calls a “TeraFab.” He wants Tesla to build this because he thinks there are not enough computer chips being made to reach his goals. He even joked about his hands-on way of doing things, saying he would “smoke a cigar inside the fab” instead of following normal clean room rules.

Looking at where artificial intelligence is headed, Musk thinks the main problem is changing. It used to be about software, but now it’s about hardware and power. He said that in the next year, “people are going to hit the wall big time on power generation.” There will be more chips than the world can actually turn on and use.

His answer? Move AI to space. “In 36 months, the cheapest place to put AI will be space,” Musk predicted. He pointed to cheap solar power and no air getting in the way as reasons this makes sense.

Musk also talked about his current problems with hiring at SpaceX’s Starbase location in Texas. He called it the “significant other problem.” It’s hard to get married engineers to move to remote places where their spouses cannot find good jobs nearby.

Even with these challenges, Musk stays focused on making more hardware faster. “Whichever company can scale hardware the fastest will be the leader,” he said.

Despite the past friction over worker poaching, Musk ended on a positive note about technology’s future. “It’s better to be on the side of optimism and be wrong than on the side of pessimism and be right for quality of life,” he remarked.

Source: https://www.cryptopolitan.com/musk-slams-apple/

Market Opportunity
Spacecoin Logo
Spacecoin Price(SPACE)
$0.005132
$0.005132$0.005132
+1.28%
USD
Spacecoin (SPACE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

HitPaw API is Integrated by Comfy for Professional Image and Video Enhancement to Global Creators

HitPaw API is Integrated by Comfy for Professional Image and Video Enhancement to Global Creators

SAN FRANCISCO, Feb. 7, 2026 /PRNewswire/ — HitPaw, a leader in AI-powered visual enhancement solutions, announced Comfy, a global content creation platform, is
Share
AI Journal2026/02/08 09:15
Journalist gives brutal review of Melania movie: 'Not a single person in the theater'

Journalist gives brutal review of Melania movie: 'Not a single person in the theater'

A Journalist gave a brutal review of the new Melania documentary, which has been criticized by those who say it won't make back the huge fees spent to make it,
Share
Rawstory2026/02/08 09:08
Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory

Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory

Prominent analyst Cheeky Crypto (203,000 followers on YouTube) set out to verify a fast-spreading claim that XRP’s circulating supply could “vanish overnight,” and his conclusion is more nuanced than the headline suggests: nothing in the ledger disappears, but the amount of XRP that is truly liquid could be far smaller than most dashboards imply—small enough, in his view, to set the stage for an abrupt liquidity squeeze if demand spikes. XRP Supply Shock? The video opens with the host acknowledging his own skepticism—“I woke up to a rumor that XRP supply could vanish overnight. Sounds crazy, right?”—before committing to test the thesis rather than dismiss it. He frames the exercise as an attempt to reconcile a long-standing critique (“XRP’s supply is too large for high prices”) with a rival view taking hold among prominent community voices: that much of the supply counted as “circulating” is effectively unavailable to trade. His first step is a straightforward data check. Pulling public figures, he finds CoinMarketCap showing roughly 59.6 billion XRP as circulating, while XRPScan reports about 64.7 billion. The divergence prompts what becomes the video’s key methodological point: different sources count “circulating” differently. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons As he explains it, the higher on-ledger number likely includes balances that aggregators exclude or treat as restricted, most notably Ripple’s programmatic escrow. He highlights that Ripple still “holds a chunk of XRP in escrow, about 35.3 billion XRP locked up across multiple wallets, with a nominal schedule of up to 1 billion released per month and unused portions commonly re-escrowed. Those coins exist and are accounted for on-ledger, but “they aren’t actually sitting on exchanges” and are not immediately available to buyers. In his words, “for all intents and purposes, that escrow stash is effectively off of the market.” From there, the analysis moves from headline “circulating supply” to the subtler concept of effective float. Beyond escrow, he argues that large strategic holders—banks, fintechs, or other whales—may sit on material balances without supplying order books. When you strip out escrow and these non-selling stashes, he says, “the effective circulating supply… is actually way smaller than the 59 or even 64 billion figure.” He cites community estimates in the “20 or 30 billion” range for what might be truly liquid at any given moment, while emphasizing that nobody has a precise number. That effective-float framing underpins the crux of his thesis: a potential supply shock if demand accelerates faster than fresh sell-side supply appears. “Price is a dance between supply and demand,” he says; if institutional or sovereign-scale users suddenly need XRP and “the market finds that there isn’t enough XRP readily available,” order books could thin out and prices could “shoot on up, sometimes violently.” His phrase “circulating supply could collapse overnight” is presented not as a claim that tokens are destroyed or removed from the ledger, but as a market-structure scenario in which available inventory to sell dries up quickly because holders won’t part with it. How Could The XRP Supply Shock Happen? On the demand side, he anchors the hypothetical to tokenization. He points to the “very early stages of something huge in finance”—on-chain tokenization of debt, stablecoins, CBDCs and even gold—and argues the XRP Ledger aims to be “the settlement layer” for those assets.He references Ripple CTO David Schwartz’s earlier comments about an XRPL pivot toward tokenized assets and notes that an institutional research shop (Bitwise) has framed XRP as a way to play the tokenization theme. In his construction, if “trillions of dollars in value” begin settling across XRPL rails, working inventories of XRP for bridging, liquidity and settlement could rise sharply, tightening effective float. Related Reading: XRP Bearish Signal: Whales Offload $486 Million In Asset To illustrate, he offers two analogies. First, the “concert tickets” model: you think there are 100,000 tickets (100B supply), but 50,000 are held by the promoter (escrow) and 30,000 by corporate buyers (whales), leaving only 20,000 for the public; if a million people want in, prices explode. Second, a comparison to Bitcoin’s halving: while XRP has no programmatic halving, he proposes that a sudden adoption wave could function like a de facto halving of available supply—“XRP’s version of a halving could actually be the adoption event.” He also updates the narrative context that long dogged XRP. Once derided for “too much supply,” he argues the script has “totally flipped.” He cites the current cycle’s optics—“XRP is sitting above $3 with a market cap north of around $180 billion”—as evidence that raw supply counts did not cap price as tightly as critics claimed, and as a backdrop for why a scarcity narrative is gaining traction. Still, he declines to publish targets or timelines, repeatedly stressing uncertainty and risk. “I’m not a financial adviser… cryptocurrencies are highly volatile,” he reminds viewers, adding that tokenization could take off “on some other platform,” unfold more slowly than enthusiasts expect, or fail to get to “sudden shock” scale. The verdict he offers is deliberately bound. The theory that “XRP supply could vanish overnight” is imprecise on its face; the ledger will not erase coins. But after examining dashboard methodologies, escrow mechanics and the behavior of large holders, he concludes that the effective float could be meaningfully smaller than headline supply figures, and that a fast-developing tokenization use case could, under the right conditions, stress that float. “Overnight is a dramatic way to put it,” he concedes. “The change could actually be very sudden when it comes.” At press time, XRP traded at $3.0198. Featured image created with DALL.E, chart from TradingView.com
Share
NewsBTC2025/09/18 11:00