Comment on Is the AI Conveyor Belt of Capital About to Stop?
SaraTonin@lemmy.world 17 hours agoFWIW, part of the OpenAI investment process is signing something to say that you understand that you’re unlikely to get any return on your investment and that you consider it more akin to a donation
gian@lemmy.grys.it 16 hours ago
I would think that this warning, in a way or another, is true in every kind of investment, even my bank’s personal investment have something like it.
SaraTonin@lemmy.world 16 hours ago
Not framed like that. You have to acknowledge that investments can depreciate rather than appreciate and that you may lose your money, sure. That’s very different to saying that you acknowledge that you probably will lose your money and that you consider your investment a donation.
gian@lemmy.grys.it 13 hours ago
I think that this is just a technical difference based on what you are investing into.
A personal bank’s investement is a different thing than a investement in a startup, with different level of risks and revenue.
SaraTonin@lemmy.world 13 hours ago
VCs typically want a return on their investments