this post was submitted on 03 Oct 2024
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TechTakes

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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Cash incinerator OpenAI secures its $6.6 billion lifeline — ‘in the spirit of a donation’ (pivot-to-ai.com)
submitted 1 month ago by dgerard@awful.systems to c/techtakes@awful.systems
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[–] dgerard@awful.systems 6 points 1 month ago (1 children)

tl;dr more or less, yes. Specifically suckers who think shares in OpenAI are a winner. See also how the VCs got out of never-profitable Uber with an IPO.

[–] froztbyte@awful.systems 4 points 1 month ago

damn you and your concision ;p