this post was submitted on 24 Jul 2024
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[–] [email protected] 7 points 1 month ago

yup, I suspect this is the typical pump and dump scheme we tend to see with VCs. They're building out a bunch of companies around AI right now, and eating the costs. Then once IPOs start happening, the initial investors are going to cash out and suckers will be holding the stock for companies don't have a workable business model.