you are viewing a single comment's thread
view the rest of the comments
[–] 31 points 4 months ago (4 children)

They're all millionaires and billionaires. They're not fucking panicking. They don't give a shit, they don't have to give a shit.

  • source
  • hideshow 4 child comments
  • [–] 10 points 4 months ago

    They’re all millionaires and billionaires

    For now... But how much of those millions and billions is tied up in AI-related stock? A lot of them probably stand to lose an awful lot of money if the bubble pops.

  • source
  • parent
  • [–] 9 points 4 months ago (2 children)

    OpenAI is a hollow investment. I could be wrong but from my understanding, they've received a ton of investment money to get where they are but haven't been able to bring in any returns back to the investors. This puts them on the brink of collapse.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 5 points 4 months ago

    Applies to all AI companies, which is why we're about to see prices ratchet the fuck up over the coming post-IPO months as they have to show steps towards profitability.

    A few price pump cycles and we'll find ourselves reinventing entry level positions to save token costs.

  • source
  • parent