Akh comments on OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances

OpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's finances (www.tomshardware.com)

submitted 7 months ago by cm0002@toast.ooo to c/goodnewseveryone@piefed.social

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[–] Akh@lemmy.world 10 points 7 months ago (1 child)

No but just like South Africa cannot sell trillions in debt, soon the US will not either because we are quick alienating the world and trading partners. If people do not think the US is credible and viable, nobody buys our debt

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[–] YiddishMcSquidish@lemmy.today 4 points 7 months ago

This is the most gigantic candy in the coal mine almost nobody is talking about!!!

US debt has been growing like crazy since before I was born, and the biggest way we float it is by selling it with low interest bonds that were always a safe investment which is why so many of the world's richest people parked their money here. Now we are seen as less safe and the US bond market is starting to show a world reversal of that sentiment.

When nobody is buying our bonds, the talk you've been hearing about inflation for the past two years will seem like a welcome respite.

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