cm0002@toast.ooo to Good News Everyone@piefed.social · 13 days agoOpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's financeswww.tomshardware.comexternal-linkmessage-square71linkfedilinkarrow-up1305arrow-down13
arrow-up1302arrow-down1external-linkOpenAI could reportedly run out of cash by mid-2027 — analyst paints grim picture after examining the company's financeswww.tomshardware.comcm0002@toast.ooo to Good News Everyone@piefed.social · 13 days agomessage-square71linkfedilink
minus-squarehayvan@piefed.worldlinkfedilinkEnglisharrow-up2arrow-down1·13 days agoAlso banks going bankrupt can do incredible damage (this is why I’m a strong opponent to private banking. They should be public services, not for-profit corpos). Tech companies going under is bad but not too-big-to-fail bad.
minus-squareOlgratin_Magmatoe@startrek.websitelinkfedilinkarrow-up3·13 days agoThe assumes that retirement and savings accounts don’t invest in the tech companies.
Also banks going bankrupt can do incredible damage (this is why I’m a strong opponent to private banking. They should be public services, not for-profit corpos). Tech companies going under is bad but not too-big-to-fail bad.
The assumes that retirement and savings accounts don’t invest in the tech companies.