I really can't understand why people care about AI stock valuations, most of which aren't even publicly traded?
One might think venture capitalists are idiots to spend their money this way, and there are certainly venture capitalists who think we're really stupid spending our money on RPG books. But each can spend their money how they want.
I could understand taxpayers being concerned by public investment made by the country they pay taxes in as well, but honestly, if OpenAI closes down tomorrow, it won't affect (AI, them, me) in absolutely no way.
If non-AI companies are stupid enough to fire needed workers without noticing they have no backup plan to have their job done, they will... not have the job done and will have to hire them back, or stop being able to get money from their customers, who will turn to other companies who didn't make the same mistake and who will hire people to face the increased customer load, the same way capitalistic economy has worked since its installment.
One might think venture capitalists are idiots to spend their money this way, and there are certainly venture capitalists who think we're really stupid spending our money on RPG books. But each can spend their money how they want.
I could understand taxpayers being concerned by public investment made by the country they pay taxes in as well, but honestly, if OpenAI closes down tomorrow, it won't affect (AI, them, me) in absolutely no way.
If non-AI companies are stupid enough to fire needed workers without noticing they have no backup plan to have their job done, they will... not have the job done and will have to hire them back, or stop being able to get money from their customers, who will turn to other companies who didn't make the same mistake and who will hire people to face the increased customer load, the same way capitalistic economy has worked since its installment.
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