Comment by simonw
5 days ago
Secretly offering someone 7-8 figures to hype for you is a big business risk to take on.
If details of that deal leak, it's a big embarrassment for the company.
In the USA it is also illegal. There are substantial FTC fines to worry about. If it affects the stock price it could be classified as securities fraud (Matt Levine will happily tell you that "everything is securities fraud").
>If details of that deal leak, it's a big embarrassment for the company.
Intermediaries.
Also IMO the risk of someone whom is not already rich turning down that kinda money is so close to zero that it is effectively zero. No risk.
If everything is securities fraud then by that logic it would not be considered in making sketchy deals. Also as you double state, it only matters if the company is public anyway. Hmmm is openai public? Are any of the AI players besides MS,Oracle,Google? Short answer. No.
I'm not sure why with all the public unpunished criminal behavior we see nowadays you have such trouble believing that there really are lots of paid shills for such a hyped product.
Probably because, as an unpaid shill, I understand why people would recommend this stuff without needing to be paid to do so.
I'm not accusing you of being a paid shill. My core argument is that there are lots of paid shills for AI being created for the last 2 years and going. I of course will never have the hard evidence to prove it so inferring is all I can do or point people to.
HN seems to have a very long tolerance of suspected/potential white collar crimes. So I don't expect many allies on here. Seems the mindset is the ends justifies the means prevails.