• 0 Posts
  • 5 Comments
Joined 27 days ago
cake
Cake day: August 24th, 2024

help-circle


  • I don’t toil in the mines of the big FAANG, but this tracks with what I’ve been seeing in my mine. I also predict it will end with lay-offs and companies collapsing.

    Zitron thinks a lot about the biggest companies and how it will ultimately hurt them, which is reasonable. But, I think it ironically downplays the scale of the bubble, and in turn, the impacts of it bursting.

    The expeditions into OpenAI’s financials have been very educational. If I were an investigative reporter, my next move would be to look at the networks created by venture capitalists and what is happening inside the companies who share the same patrons as Open AI. I don’t say that as someone who interacts with finances, just as someone who carefully watches organizational politics.