Can investors remain irrational long enough for OpenAI to remain solvent?
Comment on The Big Short Guy Just Bet $1 Billion That the AI Bubble Pops
Natanael@infosec.pub 4 days agoThe market can remain irrational for longer than you can remain solvent
Knock_Knock_Lemmy_In@lemmy.world 4 days ago
yakko@feddit.uk 4 days ago
They have been irrational longer than you’ve been an investor. They have become exceedingly efficient at it.
andros_rex@lemmy.world 4 days ago
See Bill Ackerman and Herbalife.
Federal regulators should have shut that shit down ages ago, but the grifter party loves MLMs (look at how the DeVos family made their money…)
burntbacon@discuss.tchncs.de 4 days ago
Oh god, I just saw another storefront in my local area that popped up. My coworker dragged me in there, and aside from the incredibly overpriced products, the countertops were loaded with pamphlets on doing the herbal life thing.
SaveTheTuaHawk@lemmy.ca 4 days ago
Ackerman and Valeant. He promised congress he was going to stop price gouging on drugs.
Nah.