this post was submitted on 03 Oct 2024
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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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[–] V0ldek@awful.systems 4 points 1 month ago

Does this mean the big money people are planning to dump their shit on the rest of us so that when genAI goes down its our savings that go “pop”?

You know how crypto is about me selling you a useless and worthless token before anyone realises and the price collapses? Ye, that but with companies.