> If anyone running the business is a California resident (by the updated definition outlined above), then the whole business is a California resident, and any assets (including Lamborghinis and Bugattis) held in the state are subject to California taxation.

I'm relying on the paraphrasing in article rather than the text of the law itself, but this says that it only applies to assets held in the state.

Social media felt this way in the early days, too.

> they almost never feed me misinformation (and never deliberately)

This is dangerously untrue. LLMs will deliberately tell you the things you want to hear. They even "call you out" in exactly the ways that are most palatable to you. There is ample evidence that LLMs can be biased. The ability to broadly influence individual opinions, without even needing bot accounts on social media is exactly one of the reasons so many people who want power/money are flocking to control these LLMs.

> so many of my interactions are with jerks

This is one of the ways that the LLMs are "scarier" and more powerful than social networks. Real people are more likely to be obviously pushing agendas or otherwised easily dismissed.

> LLMs are the ones getting better

Getting better at what? The things you list are exactly the things that make LLMS subtly powerful and far more dangerous that social media. It's the reach and anonymity of social media without needing to control a feed algorithm, deal with content or people that doesn't fit your agenda, or produce fake content that does.

If you actually want to understand why "an actor pretending to enjoy drinking Coca Cola" is okay while other kinds of endorsements are not, in the US at least, you could start with the FTC "Truth in Advertising" website, and "Advertising Endorsements" specifically, or other resources on that page.

https://www.ftc.gov/news-events/topics/truth-advertising

https://www.ftc.gov/news-events/topics/truth-advertising/adv...

If picking real winners and real winnings to feature in the ad was just as good, they could do that. If not, then yes, it makes an impact on the world to mislead people with that marketing.

Somehow there's a difference between things that happened and didn't happen, and that's a good place to draw a line in the sand of what you're allowed to advertise and not.