Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price.
The_Vampire@lemmy.world 2 days agoI imagine there’s quite a few who believe it a fraud but want to profit anyway.
Comment on Oracle made a $300 billion bet on OpenAI. It's paying the price.
The_Vampire@lemmy.world 2 days agoI imagine there’s quite a few who believe it a fraud but want to profit anyway.
vacuumflower@lemmy.sdf.org 2 days ago
That’s how every successful fraud works. If it’s not attractive to people who see it’s a fraud, it won’t have their support. If it’s hard to discover as a fraud, it’s also hard to maintain and always has the risk of discovery.
So the best frauds are those where everyone knows it’s a fraud, and plenty think it’s a fraud they can profit from.