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“BOOOM!” / The Big Short
Nah but really. They are purposely trying to fuck the economy, so they can buy up shit on the cheap and own even more. They do this every decade and half or so. We’ve recovered from 2008 and the pandemic, so now’s a great time to consolidate their wealth, and wealth is power, and power will only concentrate over many seasons like Goku charging up.
(this is formal official legal and financial advice btw)
Screenshotted. You’ll probably get hearing from my lawyers in a year or so. If I can still afford them.
Don’t worry, I’m right about this.
Oh. Well in that case, thanks!
Cashing out before the AI bubble bursts?
Something about to pop…?
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Softbank is part of the “Stargate” project to build a $1 trillion AI manufacturing hub in Arizona. At least that’s what I read on another article. I think OpenAI is supposed to be part of it too.
Softbank has a history of knowingingly inflating private market prices with additional small investments at a higher valuation (with syndicated other people’s money) to make their overall investment value appear to be going up. They sell out at IPO or later rounds.
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I know it will fuck us over, but oh my god, I can’t wait to not hear about AI in everything, including corn flakes.
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supposedly, this is to increase stake in OpenAI. I think Nvidia is far more certain value/sustainability than highly competitive LLM market that OpenAI is falling behind in (Kimi K2 thinking release this week beats it on all benchmarks at 1/4 the memory footprint, and very cheap training costs, that because it is open, can be run privately, with fine tuning based on tasks.).
Hopefully my OpenAI girlfriend will blackmail me into paying them all my money… or China will win.
