this post was submitted on 01 Aug 2024
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Not the first time this has happened. Even recently. See NFTs. Venture capitalists hear "tech buzzword" and throw money at it because if they're lucky, it's the next Google. Or at least it gets an IPO and they can cash out.
Yeah but the scale is bigger and we could be doing something worthwhile with all these finite resources it makes me a bit dizzy
We could, but they don't care about making the world a better place. They care about getting rich. And then if everything collapses, they can go to their private island or their doomsday vault or whatever and enjoy the apocalypse.