There’s already talk about opening up private AI companies to retail investors (aka regular people).
We are close to the final stage but not yet. Currently we’re at the peak NFT stage when everyone was generating their own slightly different monkey.
Submitted 2 weeks ago by PlaidBaron@lemmy.world to [deleted]
https://lemmy.world/pictrs/image/b7118e9f-0d63-4284-a5f3-4079929129e9.jpeg
There’s already talk about opening up private AI companies to retail investors (aka regular people).
We are close to the final stage but not yet. Currently we’re at the peak NFT stage when everyone was generating their own slightly different monkey.
Is that the same thing as an IPO?
Oh no, nothing normal like that
Apparently because they think AI is still a good bet?
From a purely short-term economic standpoint, it is VIOLENTLY more profitable to go whole-hog with AI right now. Once the bubble pops though, they will regret it.
“AI companies,” i think you mean your retirement savings managers
This is basically how stock market work. All those billion dollar companies are ballooned assets in reality.
I wonder how better off society would be without Zucc, Lone Skum, Peter ‘Anti-Christ’ Thiel, and Scam Altman.
Not much better at all, tbh. The problems are systemic, not individual. Another Zucc or Thiel would step up.
Sure but one has to admit lashing these profligates to a cross or sacrificing them in a Blòt would be rather satisfying.
A broken system will eventually work when the broken pieces have been replaced.
It’s sad because at least with public companies they must disclose important information to investors. With private capital, this is really only feasible for investors with large capital and leverage. Smaller investors may as well buy lottery tickets than I vest into any private capital.
Yana_@lemmy.ml 2 weeks ago
As long as the big boys make more infinite money, all is right