Comment on OpenAI needs to raise at least $207bn by 2030 so it can continue to lose money, HSBC estimates

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theneverfox@pawb.social ⁨2⁩ ⁨weeks⁩ ago

Because companies don’t do R&D anymore, they fund startups and aquire them when they’re ripe

Being able to replace workers with AI is a holy Grail for capitalism, and so a ton of companies have poured their saved up “R&D funds” in order to get in early

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