Musk xAI wants to retrain Grok, experts criticize: deliberately distorting history

Elon Musk tweeted on June 22 that he was dissatisfied with the "garbage" and "wrong content" produced by his AI model Grok, so he planned to let Grok rewrite the human knowledge base and use this data to retrain Grok. As soon as the news came out, it immediately triggered criticism from the outside world.

Grok 3.5 rewrites the human knowledge base

Musk first revealed that his AI company xAI will make major adjustments to Grok. He pointed out:

“We will use Grok 3.5, which has advanced reasoning capabilities, to rewrite the entire human knowledge base, fill in missing information, and delete incorrect content. We will then use this data to retrain the model.”

He believes that all AI models currently on the market rely too much on uncorrected training data and are filled with too much junk content.

Experts have been blasting Musk for "deliberately manipulating history"

Musk's post immediately triggered a strong backlash from experts. Gary Marcus, professor emeritus at New York University, responded to the post:

“It’s like something out of 1984. You can’t get Grok to sync with your personal views, so you just rewrite history to fit your vision.”

Bernardino, a professor at the University of Milan in Italy, also criticized the issue on LinkedIn :

"Using ideology to modify AI training data is wrong on all levels!"

(Note: 1984 is a strong critique of totalitarianism, thought control, historical rewriting, and speech oppression. The terrifying surveillance society described in the book is still widely cited to criticize government abuse of power or information manipulation.)

I am not happy with the fact that too many AI models are too politically correct. Grok is the only truth.

Musk has always believed that many mainstream AI models, such as ChatGPT, are too politically correct and deliberately avoid certain sensitive and non-mainstream topics. Therefore, he has repeatedly emphasized the need to create an anti-politically correct AI tool, and Grok was born for this purpose .

Since Musk bought Twitter(X) in 2022, he relaxed the platform's content review and false information regulations, resulting in a large influx of conspiracy theories, extreme remarks and fake news, and he even personally retweeted many extreme remarks .

"Social Notes" was once promoted to combat fake news, but the effect was limited

In response to the problem of rampant fake news, Musk launched "Community Notes" in the hope that users can provide additional explanations or clarifications under controversial posts.

However, it is generally believed that such a mechanism cannot truly and effectively suppress false information, but instead allows the platform to freely spread more unverified remarks.

( MuskxAI engineer was asked to delete his post because he commented that Grok 3 was not as good as OpenAI, and then resigned, causing controversy over freedom of speech )

Some people regard trading as an art, while others regard it as an important tool for changing their class. However, according to statistics, only 5% of traders in the world can truly become stable and profitable. Moreover, most people have long been unable to figure out whether they are operating the market or satisfying the dopamine pleasure in their brains.

Kyle Williams, a US stock day trader who is one of the 5% trading elites, doubled his 6,000 Mg to 6.5 million Mg, and made a profit of 2 million Mg in a single year by shorting junk stocks. He also set a record of never having a margin call in 10 years of trading. The following is his trading experience, personally revealing how to maintain trading discipline during the ups and downs and avoid becoming an out-of-control dopamine monster.

Don’t treat trading as entertainment, first figure out what you are doing

Williams first recalled that he became a millionaire before his 25th birthday. At that time, he lived with a roommate who watched Williams become rich through trading during the epidemic, but never asked Williams "how he did it."

Williams lamented:

"Many people are like my roommate. It's not that he doesn't want to make money, but the excitement brought by the ups and downs of the market attracts him more."

Recalling the first money-making strategy, from OTC panic rebound to short red K

Williams recalled that the first money-making advantage came from the over-the-counter (OTC) market. He found that some low-priced stocks would experience a sharp pullback within 30 minutes to an hour after the sharp rise, causing panic selling.

At this time, as long as the decline stops and the first green candle appears, he will enter the market to catch the rebound, usually getting more than 10% increase. He called this strategy "OTC Panic Dip Buy". Later, he found that these stocks usually ushered in the "first red candle day" after a few days of skyrocketing, which was a good time to short. Then he would short on the red candle day, wait for the bottom to fall, and then cover, or even go long, making a profit before and after.

From OTC to Nasdaq, only the most familiar tricks are used

As the OTC market cooled, Williams began to apply this logic to Nasdaq-listed stocks in 2019 and found that it was equally effective.

At the beginning of the COVID outbreak, he made a fortune by shorting stocks that were hyped up due to the concept of vaccines. Now he has about 7-10 trading strategies, but he doesn't use all of them. Williams said he would focus on a few strategies that he is "very familiar with and has a high winning rate" and bet heavily on them. In this regard, he emphasized:

"Don't place orders recklessly if you don't have an advantage. You need a strategy to rely on before you can steadily expand your positions and improve performance."

This kind of thinking enables him to execute strategies calmly like a robot and not be led by market sentiment.

It is a taboo not to value money. Small and big accounts should be treated equally.

Williams mentioned that although he had never actually had a margin call, he once made an emotional trade that reduced his $100,000 account to only $15,000. The reason was that he didn't care about the account and just messed around with it, not caring about risk control at all.

However, this also taught him that every account should be treated "equally".

Increase risk tolerance by 10% every month and train emotional acceptance

As for the difference between traders making 5 or 6 figures and those who can consistently make 7 figures, Williams points out that it depends on:

"Can you stably enlarge the area and accept the loss after the enlargement?"

But he stressed that this cannot be done overnight. His own approach is to increase risk tolerance by 10% every month to slowly cultivate "emotional acceptance."

Overtrading makes you lose money without knowing it

Speaking of the worst loss, it was when he traded FFIE in May 2024, with a total loss of nearly $400,000 in two positions. Williams explained that this stock was inherently bad, and in addition to financial instability, it relied on additional issuance to survive, but he did not expect the market sentiment to surge, and the stock price rose from a few cents to $4, causing him to be pulled back.

"I was so confident that the company would fail that I ignored the rise in the stock price, and it eventually collapsed."

He got up at 1 a.m. that day and then spent 15 hours trading without eating or resting. Finally, he stopped the loss of his position after the market closed to avoid another gap-up and liquidation the next day. He emphasized:

“Emotional fatigue can lead to impaired judgment, and even the best trading plans can be sabotaged by emotions.”

After the huge loss, he calmly executed the trading plan and made back 150,000 magnesium in one week.

Surprisingly, Williams did not take a break, but returned to the market the next day. He switched trading accounts, reduced his positions, and resumed trading FFIE.

"The stock later reversed, and I did both long and short, and ended up making back $150,000 in one week."

He said that during this period he relied on executing trading plans with complete calmness to avoid making the same mistakes again.

It is better to seek stability first than to seek speed. Imitation and then optimization are the key

Williams advises novices not to rush to make quick money, and to put establishing discipline and standardized processes first, such as making a watch list the night before and setting entry and exit rules.

He also emphasized that optimizing after imitation is a more practical approach than innovating from the beginning.

Figure out whether you want to trade or just enjoy the dopamine rush

Finally, Williams said the most thought-provoking sentence:

"The market doesn't really care whether you made money or lost money yesterday, nor does it care about your emotions. You say you want to make money, but your behavior tells me that you're actually looking for excitement."

The key to successful trading is to be honest with yourself, continuously optimize strategies that have proven effective in the past, and maintain discipline under high pressure.

The author thought of a book I read before called " Dopamine Nation ", which described that the nature of gambling and trading is similar. Because when the results of gambling and trading are "unpredictable", dopamine in the brain will be strongly released, especially the disappointment of "almost winning", which is more likely to trigger desire and repetitive behavior.

Over time, the brain will develop tolerance and require higher frequency and intensity to be satisfied, which makes it impossible for gamblers to escape from this vicious cycle of "full of pleasure". So before entering the market, you should not ask yourself "how much do I want to earn", but whether you are clear about whether you are operating the market or being led by the market.

(Famous trader: Trading is an addiction worse than drugs. Two steps to help you get rid of 80% of bad trades )

The war between Israel and Iran has reached a stalemate. Iranian TV even announced that there will be a surprise tonight that will be remembered by the world for centuries. Recently, Iran's Bank Sepah suffered a cyber attack, and its online services were interrupted and data was destroyed. Iran's centralized cryptocurrency exchange Nobitex was also hacked for more than $81.5 million. The Israeli-related hacker group Gonjeshke Darande came forward to admit to launching these two attacks. It also makes people think about the extent to which holding cryptocurrencies can be used as a hedge in Taiwan, which is also facing the crisis of information warfare.

Israeli hacker Gonjeshke Darande paralyzed Iran's banking system

Iran's first bank, Bank Sepah, was hit by a cyberattack on Tuesday, which disrupted its online services and destroyed its data, the Times of Israel reported . Iran's semi-official Fars News Agency said some gas stations in Iran that rely on the Sepah system to process transactions have experienced problems. Although a spokesman for the Central Bank of Iran told the state-run Iranian News Agency (IRNA) that all banking operations were operating smoothly, opposition media Iran International reported that several branches of Bank Sepah were closed on Tuesday and customers were unable to log into their accounts.

The Israeli-linked hacker group Gonjeshke Darande (which means "predatory sparrows") claimed responsibility for the cyberattack, saying on Twitter: "Bank Sepa is an institution that circumvents international sanctions and uses the Iranian people's money to finance terrorist proxies, a ballistic missile program, and a military nuclear program." The statement added: "Thanks to the brave Iranians who helped make this operation possible."

The report pointed out that due to Iran's long-term sanctions from the West, it is difficult to obtain the latest hardware and software, and it relies on Chinese-made electronic products or old systems for which the original manufacturers no longer provide patches, making Iran the number one target for hackers.

Over $81.5 million stolen from Iranian exchange

On the afternoon of the 18th, Taiwan time, the Iranian centralized exchange Nobitex admitted that it had been stolen. The statement said that the exchange's technical team detected unauthorized transactions in some hot wallets, but only affected some hot wallet assets. Nobitex took full responsibility for the incident and assured users that all losses would be compensated. The website and application are temporarily unavailable until a full audit is completed.

On-chain detective ZachXBT also stated in his personal channel that the amount of money stolen from Nobitex was as high as 81.7 million US dollars, and the hackers held assets on multiple chains of the Tron chain and the EVM system.

Gonjeshke Darande also admitted to launching the attack. The organization said that Nobitex exchange is the core of the Iranian regime's global terrorist activities and uses centralized exchanges to circumvent international sanctions. Nobitex did not even bother to pretend, and clearly admitted on its website that it circumvented international sanctions. Because the Iranian regime is highly dependent on it, working at Nobitex is even considered an alternative to serving in the Iranian military. The organization threatened to release the Nobitex source code and its internal information within 24 hours.

Information warfare has become a modern battlefield. Can holding cryptocurrencies provide a hedge?

The form of modern warfare has changed greatly. It is not only a war of weapons on land, sea and air, but also an information war on the Internet has become the mainstream. A special study by the Ministry of National Defense pointed out that the US military used information warfare to attack and paralyze the command system of the Iraqi army in the Gulf War. The Iraqi army was in a state of chaos and even paralysis from the first day of the war.

In Taiwan, which is also facing the pressure of war, many people hold cryptocurrencies for asset hedging. However, the Nobitex incident shows that centralized exchanges in wartime are likely to become targets of enemy hackers. Therefore, centralized exchanges with high human factors may also be places with certain risks. If risks can be dispersed and part of the assets are kept through self-custody wallets that are completely controlled by the blockchain, there is a chance to highlight the characteristics of blockchain for asset protection.

As geopolitical risks heat up and risk aversion spreads in the global market, the cryptocurrency market is once again facing drastic fluctuations. Solana (SOL), one of the mainstream blockchain assets with outstanding performance in recent times, was not immune to this round of fluctuations, with a single-day decline of nearly 10%.

The fuse of the incident came from the escalation of the situation in the Middle East. Israel once again launched air strikes on Iran, triggering a global rush to buy hard assets such as gold and crude oil. Gold and oil prices soared simultaneously, risk assets generally fell, and the cryptocurrency market became the hardest hit. On June 11, SOL rebounded to $167, but soon fell below the $145 mark and currently remains at $144.

This wave of selling triggered large-scale liquidations. According to on-chain data, Bitcoin fell below $103,000 in early trading on Friday alone, triggering the liquidation of more than $400 million in long positions. Solana subsequently fell by about 9.6%, with related liquidations reaching $52 million, ranking second only to BTC and ETH.

Fundamentals are solid and infrastructure remains intact

Despite the sharp price fluctuations, the fundamentals of the Solana ecosystem remain strong, with daily transactions stabilizing at more than 80 million, and on-chain throughput and application revenues remaining stable at $40-70 million. The size of the liquidity staking token jitoSOL is approaching $7 billion, and validator income has not been significantly affected, which means that grassroots users and infrastructure are still operating. In addition, the staking ratio remains at 65.4%, and net activations exceed net deactivations, further proving that users' long-term confidence in Solana has not been shaken.

DEX rotation is obvious, and the new generation of meta-aggregators stabilize market fluctuations

Although the overall DEX trading volume has dropped from the high of $6 billion in May to the current $2.5-3.5 billion, the DEX ecosystem on Solana has not stagnated. Pump.Fun continues to dominate the meme coin craze, while SolFi is firmly in the SOL-USD trading pair market. Meta-aggregators such as Titan and Kamino Swap are quietly rising, providing better paths through off-chain sources such as Pyth's Express Relay, and even if the trading volume decreases, the execution efficiency has been improved. Against the backdrop of slowing trading volume, these two platforms have strengthened execution efficiency and strategy transparency, becoming an important supplementary force to stabilize the market.

The current technical indicators show that Solana is testing the $140 support zone. Once it falls below, it may start to pull back to the $123 or even $110 range. If Bitcoin can stay above $100,000 and international crude oil prices fall, Solana's recovery market may still appear. Under such a market structure, crypto assets will once again be highly linked to macro factors, from the Fed's policy direction to energy price fluctuations, all of which will have a traction on prices.

Pure market observation, not any investment advice.