Why Elon Musk Has an "Idiot Index"
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Published 2024-03-31
I highly recommend Walter Isaacson’s biography of Elon Musk: www.amazon.com/Elon-Musk-Walter-Isaacson/dp/198218…
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Sources:
0:04 Elon Musk interview used with permission from the SATELLITE Conference & Exhibition.
Full interview: • Elon Musk, Founder & Chief Engineer, ...
0:20 From the "Collecting Innovation Today" interview with innovator Elon Musk on June 26, 2008 at SpaceX, part of The Henry Ford's "OnInnovation" project that celebrates the contributions of today's innovators. www.flickr.com/photos/oninnovation/albums/72157623…, CC BY-ND 2.0 DEED, Attribution-NoDerivs 2.0 Generic (image edited by Newsthink Ltd.)
0:55 Walter Isaacson image: Christopher Michel, CC BY 2.0 creativecommons.org/licenses/by/2.0 via Wikimedia Commons
Elon Musk image used with permission from the U.S. Air Force Academy
1:06 Image of Lucas Hughes taken from LinkedIn (image edited by Newsthink Ltd.)
2:21 Used with permission from the U.S. Air Force Academy
3:54 Used with permission from the U.S. Air Force Academy
All Comments (21)
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Was Elon in the right or in the wrong? Try brilliant.org/Newsthink/ for FREE for 30 days, and get 20% off your annual premium subscription
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I'm reminded that a pound of iron is extremely cheap, but when fashioned into sewing needles, that same pound of iron increases in value hundreds of times.
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Wow, don't ever tell Elon how much Twitter was.🤣
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So let’s just use more expensive raw materials, and the idiot index will improve 😁
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Isn't the Idiot Index just a very small part of the complex Cost Management that is done by every manufacturer in the world?
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Some parts have low material cost but need to be produced on expensive machinery, others using ip. So often the cost of materials is irrelevant. What's relevant is whether the part is good value or not.
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The idiot index is what the name says. One Snapdragon SoC can cost $100, but the raw parts, ten microgram of silicon, one gram of epoxy resin may be cost five cents. That has a very high idiot index, and there is no way to reduce it...
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Behind the lenses he is looking at these components to answer the age old question "Is it worth manufacturing the item on my own?" vs purchasing it.
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Elon: "If you don't know this weird accounting metric that I invented, I'll treat you like shit."
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can't decide if elon is the world's smartest pseudo-intellectual or the world's dumbest intellectual
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elon really pulled "physics doesn't care about your feeling" LOL
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His 'idiot index' is itself not very bright. For example, with microchips, the cheapest chips are quite cheap, and the most expensive ones are quite pricey, yet the cost of 'raw materials' is trivial in each case. You need to employ a much more comprehensive paradigm to judge what is a reasonable cost for 'item A'.
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Landing the Rocket...When Gravity is Free is a Hugh Idiot Index...🤣
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This isn't just an Elon thing. This is a hard lesson about the corporate world. When you have a crucial deliverable, bosses don't care about what's going on in your private life. It's not fun, but it is the truth!!!
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Start packing if Elon ever says; I'll be Back.
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Dude should have just scribbled his name and the date, and handed it over, and said "okay, here. Resigned" The level of 'fuck this shit' is off the charts here.
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The only one who will not be held accountable for a bad idea is Elon himself.
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Super cool story. Now I'm thinking, how do you use the idiot index on software?
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This "idiot index" is like evaluate the price of a rock by the price of constituent elements...
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I would say Elon himself has a damn high idiot index.
