Besides the horrifying parts (fascist conservative dictatorship, proscriptions, mass murder), it's hilarious to me because what Sulla did didn't even work; the post-Sulla settlement dissolved when Caesar crossed the Rubicon 30 years later.
In effect Musk is saying "we need to do mass murder to stem the liberal tide, but then get washed away by that very same tide within a generation," anyone with actual historical knowledge of this period would say this makes zero sense.
I think the defining moment of it is supposed to be technology driving itself - ie the first true AI designs its own improvements, which designs its own improvements, etc etc faster than the speed that people can keep up and tech itself becomes the driving force of civilization instead of politics/material forces.
As a marxist, I postulate that the reason people focus on the idea of plugging themselves into The Matrix is because we all feel the pinch of society getting worse and imagining an escape is attractive to people.
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Their version of the singularity is technofeudalism with them as the lords
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Just like how patriarchy hurts men, capitalism hurts the rich. I'm not sparing any tears for Elon Musk but he would absolutely be a happier and more fulfilled person under socialism.